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How Social Security Serves American Indians and Alaska Natives
(Source: Social Security Administration) Social Security honors and celebrates the rich culture and heritage of American Indians and Alaska Natives. We remember our commitment to be there with you throughout life’s journey during National Native American Heritage Month. Continue reading → …
Does Old Age Mean Hardship for You?
A Wells Fargo online survey of over 3500 working and retired adults conducted earlier this month revealed that 40% of its respondents felt that a life span exceeding 85 years brought with it a financial hardship. But there’s a solution,…
Once Again…Social Security Wasn’t Raided!
As The Motley Fool’s Sean Wiilams points out in a post on their website, there is no credence to the persistent myth that politicians have “stolen” money from Social Security’s Trust Fund reserves, making them responsible for the program’s looming…
Social Security Benefits: The Importance of Patience
A surprisingly high number of folks opt to file for their Social Security benefits at the earliest possible point (age 62), and although this trend is declining a bit, it’s still a high percentage. The result, of course, is that monthly…
Social Security…Who Needs It?
In a strange twist of thinking, 37% of Millennials participating in a recent 2,000 person surveyed conducted by Provision Living say they won’t need income from Social Security when they hit retirement. Optimism is a good thing to have, but…
Behind on Savings? Social Security Won’t Carry You Completely in Retirement.
Many media reports have highlighted the inadequate saving habits of Americans, especially those aging into (or already in) their retirement years. Unfortunately, as the staff at The Motley Fool points out in a post on their website, this lack of…
Retirement Planning–Some Trends to Be Aware Of
Forbes contributor Greg Herlean, in a post on their website, takes a look at some definite trends that have evolved in recent years in the word of retirement planning…and they’re not necessarily positive trends at that. The good news is that…
Four Key Social Security Facts for 2019
The Motley Fool’s Dan Caplinger, in a post on their website, discusses four significant facts for Social Security recipients in 2019. They include the 2.8% COLA, the change in retirement age affecting some, the new taxation limits for high wage earners,…
Your Retirement and Health Care Expenses
Many retirees will be surprised, and not pleasantly, to know that healthcare expenditures are statistically expected to “consume around one-third of the total amount of monthly benefits seniors receive from Social Security.” So says The Motley Fool’s Christy Bieber in…
Boomers: Some Thoughts on Retirement Strategies
MoneyWatch’s Steve Vernon, in a post on www.cbsnews.com, examines the dilemma faced by many members of the “baby boom” generation–inadequate financial resources for their years in retirement. As he points out in his post, those falling into this category “… will…