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More Support for the Full Retirement Age Decision
The “when to file” question is one of the the most frequent ones we handle at the AMAC Foundation’s Social Security Advisory Service, and our response most often begins with the “it depends” clause. We point out the discount applied…
Remember: Filing Decisions Are Typically Permanent
Allworth Financial’s Nathan Bachrach and Amy Wagner, in a post on cincinnati.com, respond to a common question on the minds of many folks looking ahead to Social Security benefits. Specifically, the question involves the potential future increase of monthly benefits, with…
The Importance of Getting Help with Social Security Matters
In a post on marketwatch.com, West Wing Reports’ White House bureau chief Paul Brandus discusses the impact of the Social Security Administration’s closed field office doors on people needing guidance in applying for benefits. This pandemic-directed policy, while understandable, has…
Social Security Reform: Maybe Not an Election Issue, But…
The American Society on Aging (ASA)‘s recent “Panel of Pundits” offered a slate of panelists the opportunity to weigh in on key issues facing America’s aging population, and naturally one of the key discussion points was Social Security. The consensus…
Health Care Concerns Continue to Aggravate Retirement Plans for Many
In a recent Edward Jones survey (“The Four Pillars of the New Retirement“), more than half of respondents planning to retire within the coming decade cited health care and long-term care as major concerns. And their worries are well-founded, since…
Making Retirement Planning a Way of Life: One Senior’s Story
The importance of having a solid plan for securing a comfortable lifestyle in retirement cannot be understated, and we’ve covered that point repeatedly in posts on this site through the years. It’s not just planning for your approach to…
Retirement Savings: A Look at What’s Hindering Nest Eggs
In the short term, man folks nearing retirement can point to the economic devastation wreaked by the COVID-19 pandemic as a reason why they can’t afford to save for retirement. But there are other factors that have led to situation…
Retirement by the Numbers
Let’s face it, retirement can be a scary time, and the planning for it can be a daunting process for many of us. You’ve probably seen many situations where folks are struggling, and you’ve probably heard stories of how much (in…
A Quick Primer on Medicare’s Key Sign-up Dates
For those aging into Medicare eligibility, the question of when to file can become just a little confusing. This is especially so if you are not employed with health care coverage and you are electing to defer your Social Security benefits.…
Tackling the Myth of Undocumented Workers Eroding Social Security
One of the more persistent complaints we deal with in the AMAC Foundation’s Social Security Advisory Service is that one of the contributors to the program’s long-term financial woes is the belief that undocumented migrant workers are drawing benefits without…