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The Importance of Compromise in Resolving Social Security’s Financial Dilemma
So much has been circulated in the media for so long regarding Social Security’s solvency issue that one has to wonder why a solution is so illusory. In a post today on their website, The Motley Fool’s Sean Williams summarizes…
The Retirement Savings Scene–At Last Some Positive Signs
Quite a bit has been written about the inadequate levels of retirement savings in the financial plans for future retirees. The predictions have been dire, with the popular notion that current workers are just not taking heed of the warnings…
Wondering About This Year’s Social Security COLA Calculation?
Many folks are well aware that the July-September Consumer Price Index figures determine the cost-of-living adjustment that finds its way into their Social Security benefit payment if, of course, the calculation yields a positive result. With the coronavirus wreaking havoc…
Social Security and COVID-19’s “Second Wave”
Well, statistics seem to support the notion that the second wave of COVID-19 infections is upon us. While most financial advisors do not normally advocate for an early claiming of Social Security benefits, it’s clear that we’re in anything but…
Attention Women: Social Security and Your Financial Future
In response to a concern expressed by a MarketWatch reader, retirement reporter Alessandra Malito presents a case for alleviating concerns expressed by a stay-at-home mom in planning for her future retirement. “It’s not too late. You got this!” says Malito, backing this…
Retirement Security in the Wake of COVID-19
It’s becoming clearer and clearer as the coronavirus pandemic tightens its grip on the world, and as the economic turmoil continues to rattle financial markets. Most notably, unemployment is being more widely recognized as a source of retirement planning anxiety,…
Social Security Pre-Application Steps to Think About
While the process of actually applying for Social Security benefits has been made fairly easy these days via online services, there are still some significant points to consider before embarking on that process. The Motley Fool’s Katie Brockman, in a post…
Applying for Social Security Online
Social Security Administration claims specialist J. Parrish, in a post on galesburg.com, provides a quick review of the online application process for Social Security benefits, beginning with the creation of a my Social Security account. Her article also includes a list of…
Concerned About Outliving Your Resources?
The Steet’s Robert Powell takes a look at one of the most prevalent concerns on the minds of retirees–running out of money in one’s “golden years.” Citing commentary from a recent Society of Actuaries’ Aging & Retirement Strategic Research Program study,…
Social Security and Other Potential Stimulus Bills
The Motley Fool’s Christy Bieber, in a post on their website, provides insight into several potential stimulus bill proposals and assesses what they would mean to Social Security beneficiaries (or not mean, as the case may be). Her analysis addresses Kevin…