Latest News
Trump and Social Security
Sean Williams of The Motley Fool writes a comprehensive piece here, detailing Donald Trump’s views on Social Security from the past decades until now. Trump has talked about tax increases as far back as 2000, cautioned against big changes in…
Be cautious about using your home as a retirement plan
Katie Brockman warns how risky it is to think one’s home can supplement Social Security income in retirement. According to a recent report from Unison nearly 70% of homeowners believe their home will be worth more by the time they retire…
Social Security: Where Do the 2020 Candidates Stand?
Mark Miller of The New York Times writes perhaps the most comprehensive piece this campaign season on where the Democrats candidates and President Trump are on Social Security. He notes the Democrats have taken a hard left turn since the…
A Crucial Social Security Mistake
A recent survey from the investment management firm Schroders is out with a finding that is raising alarm– 52% of U.S. adults age 45-59 have no idea what their future Social Security benefit amount may look like. Katie Brockman advocates here that one create a…
Social Security Strategies For Those Low on Savings
Maurie Backman reminds us the Social Security replaces just 40% of pre-retirement income, and it is not sufficient to cover the bills for Americans in retirement. Savings have always been the cushion needed for decent golden years. For those approaching…
Be aware of Social Security myths
Financial advisers are wise to cover the many faceted parts, including myths, of the Social Security program. Sarah Cecil of Edward Jones covers these four myths in the West Seattle Herald, and then explains the truth, here: 1. Always take…
President Trump’s State of the Union Speech
President Trump delivered his third State of the Union speech to a joint session of Congress on Tuesday, February 4th. His remarks on Social Security amounted to only, “And we will always protect your Medicare, and we will always protect…
Trump backs off entitlement reform
Entitlement reform has eluded Congresses and all presidents since the last major change to Social Security in 1983. While President Trump signaled an openness to looking at the programs just two weeks ago, he effectively shut that door during his…
Don’t Botch Your Social Security Filing
Maurie Backman notes the tremendous freedom people have to choose when they file for their Social Security retirement benefits– essentially any age between 62 and 70. But one could easily harm their financial situation for life by claiming at the wrong…
How to secure a more robust Social Security check for life
People do not always understand how to maximize their Social Security, a benefit they’ll receive for the rest of their lives. The keys are actually simple, but they require some forethought and planning. First, one should try to work for 35…