Latest News
You Need More Than Social Security to Retire in Comfort
Social Security was never intended to be the sole source of retirement income for American seniors. Nevertheless, a recent study found that about 20% of American seniors have no source of income other than Social Security to sustain them. As…
Lowering Medicare Age to 60? A Step Toward Socialism
With unwavering consistency, those on the political left push for change that expands Government and lessens individual choice. Obamacare is a prime example of that strategy, which didn’t pan out the way most on the left had dreamed. Promises broken and…
Improving Your Retirement Readiness During the Pandemic
These are scary times for anyone looking at their future retirement and how it might be affected by the COVID-19 pandemic. The past 6 months can probably be best described as tumultuous, especially in the stock market where most people’s nest…
Coronavirus Effects Those Turning 60 This Year
In a story that’s been in the news several times in recent weeks – the effect of the coronavirus pandemic on the American economy hits those turning 60 this year especially hard. That’s because their future Social Security benefits may…
Americans Still Saved for Retirement, Despite the Pandemic
In something of a dichotomy from expectations, a new study by Fidelity Investments has found that, despite the economic impact of the pandemic, Americans have still manage to boost their retirement savings. Aided by solid Stock Market performance in the…
Taking Advantage of Social Security’s Online Services
With all Social Security offices temporarily closed to public access, you may wonder how to accomplish certain tasks, such as applying for your retirement or disability benefits, or getting a replacement Social Security card. Fortunately, even before the pandemic shuttered…
How to Report A Social Security Scam
Unfortunately, the underbelly of society includes many criminals who seek ways to take your hard earned money from your pocket. And a prime target for these scammers are seniors collecting Social Security benefits, and who may be susceptible to threats about…
Fixing Social Security’s Financial Woes
Because of extensive media coverage, most everyone knows by now that Social Security’s future is dim and becoming dimmer with each passing year. Even before the coronavirus pandemic devastated the U.S. (and world) economy, the Trustees of Social Security were…
The Millennial Retirement Conundrum
Millennial’s, that group of people aged from 22 to 38 years old, comprise the largest demographic age group in the United States. But their background and present economic world is entirely different from their predecessors, the Baby Boom generation and “Generation X.” …
Penalty-Free Nest Egg Withdrawals Under CARES Act? Not So Fast!
Although the CARES (Coronavirus Aid, Relief and Economic Security) provides some pretty tempting incentives allowing you to tap your tax-deferred retirement nest egg early, that is a decision that should be very carefully evaluated before acting. True, you may be…