Latest News
Claiming your benefits early will shrink them, but that may not matter at all
According to the Social Security Administration, 48 percent of married elderly Social Security beneficiaries and 69 percent of unmarried ones get 50 percent or more of their income from Social Security. So, it is important to make smart decisions regarding…
The Potential Impact of Underfunded Pension Plans
Although the article is focused on federal pension plans, the basic premise is universal: future pension obligations may not be keeping pace with the rate of growth in future liabilities. Journalist Gavin O’Toole, in a post on www.publicfinanceinternational.org, examines this developing crisis…
Will You Relocate in Retirement?
In a post on www.kiplinger.com, Kiplinger’s Personal Finance editor-at-large Janet Bodnar takes a look at the thought processes that often go through the minds of the newly-retired…to move or not to move. Bodnar points out that studies by Age Wave and…
More on Scams–Unsolicited Calls Again!
The Better Business Bureau is one again warning the public about the perils of unsolicited calls and the fraudulent acts that typically accompany them. This notice discusses a relatively new scam that has an air of believability around it, and…
Claiming Benefits at Age 62
You could consider this as a support article for today’s Headline article…it addresses the downside of filing for benefits at the earliest age, while the Headline article extols the benefits of waiting. The author of this post, McKenzie Stratigopoulos points…
Retirement Regrets–What Keeps Seniors Up at Night
Nilus Mattive, editor of The Rich Life Roadmap, takes a look at the tings that seem to bother seniors the most during their retirement years. Not unexpectedly, the most common regret is filing for benefits too early and therefore absorbing the…
Celebrating Independence Day
(Source: Social Security Administration) uly 4th brings family and friends together, as well as neighbors, to celebrate that we’re all part of a community. Everyone pitches in, combining their resources — great food, music, and displays — to lift our spirits.…
Bipartisan Bills in Congress Offer Hope in Retirement Planning
It appears Congress is taking a serious look at the plight of American workers and their retirement issues. The SECURE Act of 2019 and the Retirement Enhancement and Savings Act of 2018 offer small businesses the opportunity to take advantage of…
Help in Navigating the Social Security Maze
Yes, it’s complex. It’s difficult for the average person to know what they need to know to make correct decisions regarding their personal situation relative to Social Security. But help is available, either through services like the AMAC Foundation’s Social…
Scam Complaints Continue on the Rise
The Federal Trade Commission is continuing to be a busy place, particularly in the processing of fraud claims submitted by the public. During the the four-month period March through May, the FTC reports the recording of over 127,000 complaints involving…