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Thoughts on Retirement Planning: Savings Outlook for 2025’s 2nd Half

To say it’s been a bumpy road so far this year would be somewhat of an understatement, with the rate structures for savings instruments remaining a bit higher than anticipated, 401(k) and IRA account balances ending the first quarter in…

Article Paints a Bleak Picture for Social Security Beneficiaries

The issue of Social Security’s annual cost-of-living adjustment (COLAs) not being able to keep seniors abreast with inflation is a frequent topic of discussion in the media. The Motley Fool’s Katie Brockman adds to the rhetoric on this matter with…

How to Make Your Retirement Savings Last: Smart Budgeting After 65

(Note: This first article appeared yesterday on AMAC’s Newsline, written by D.J. Wilson)To comfortably retire at 65, it is said that individuals should aim to have saved 10 to 12 times their pre-retirement income. This guidance is based on the 4%…

Longevity and Its Relationship to Retirement

The 2025 Social Security Trustees Report confirmed that Americans reaching age 65 can expect an average life expectancy of 86 years for females (10% higher than in 1940) and 83.4 years for males (9% higher than in 1940). The report…

A Contrasting View on Insolvency…Perhaps It’s Not as Dire as Many Believe?

Since the release of the 2025 Social Security Trustees Report last week, media accounts of the 2033 depletion of the program’s Old Age and Survivors Insurance (OASI) cash reserves have focused on the consequences: the 23% across-the-board benefit reduction that…

Social Security Commissioner Pledges “peak efficiency” in Wake of Reporting Change

Fending off concerns over the removal of selected customer service metrics from the SSA.gov website, Newsmax reporter John Thomas quotes Commissioner Frank Bisignano’s statement that the agency “…has not reversed its commitment to transparency and accountability.” Bisignano has publicly noted…

Reforming Social Security: Privitization Keeps Coming Up as an Option

In the wake of the 2025 Social Security Trustees Report, many eyes are, at least temporarily, focused on the program’s rapidly eroding financial situation. One of the items that quickly surfaces in media outlets is the theory of privatization as…

Nuances of Social Security’s Benefit Computation Process

The mathematical rules associated with determining initial monthly Social Security benefits are often subject to informal discussion, with many “experts” weighing in on how it really works. Some say it’s based on the most recent five years of work, some…

Social Security Numbers: A Key to Protecting Children from Scams

The root of the problem, when it comes to protecting young people from fraudsters and scammers, is education, pure and simple. With the Internet Crime Complaint Center reporting more than 18,000 victims under the age of 20 and losses totaling…

Perspective on Social Security Trustees Report

Martha Shedden, President of RSSA, an organization that educates and certifies Social Security advisors says Social Security reserves are being affected by increased health care costs and the legislation called the Social Security Fairness Act. EINPresswire.com reports here… As an…

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