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The Retirement Road Ahead for Baby Boomers…Not ahAll that Smooth
According to conclusions drawn by the Stanford Center on Longevity (SCL), the Baby Boomer population segment faces some white water in their retirement years. Citing a shortfall in accumulated wealth and the absence of discernible interest in shoring up their finances…
An Approach to Closing the Retirement Savings Gap
(Source: U.S. Department of Labor) U.S. DEPARTMENT OF LABOR ANNOUNCES PROPOSAL TO HELP SMALL BUSINESSES STRENGTHEN RETIREMENT SECURITY FOR MILLIONS OF AMERICAN WORKERS President Trump Seeks to Expand Access to Association Retirement Plans WASHINGTON, DC – The U.S. Department of Labor today…
More on Social Security COLA Deficiencies
“Social Security’s annual COLA is failing the group of people it was most designed to protect: senior citizens.” This quote is excerpted from a post by The Motley Fool’s Sean Williams on www.fool.com, wherein he delineates several key reasons why the annual…
Social Security By the Numbers
The Motley Fool’s Selena Maranjian takes a look at 25 of the most fascinating numerical facts about Social Security, from the size of the program’s annual payout to beneficiaries (about $1 trillion), to the estimated value of the insurance it provides…
What’s ahead in 2019 for Social Security?
From the largest cost-of-living adjustment in seven years to a bump in Medicare Part B premiums, there’s a new set of numbers to be factored into the 2019 Social Security year. The Motley Fool’s Todd Campbell takes a look at eight…
Social Security Mother’s or Father’s Insurance Benefit
(Source: www.benefits.gov) The Social Security Mother’s or Father’s Insurance Benefit is a federally funded program managed by the U.S. Social Security Administration (SSA). These are benefits paid to the surviving spouse or surviving divorced spouse of an insured worker. Continue reading……
Your Full Retirement Age…Let’s Be Clear
As explained by The Motley Fool’s Matthew Frankel, many folks still believe that 65 is still the magic age for obtaining full Social Security benefits. Frankel explains the present definition of “full retirement age” and what it means to benefit payments,…
Working During Retirement–Some Fresh Perspectives
The Motley Fool’s Maurie Backman, in recapping the results of a recent Schwab study, reports that a surprising number of future retirees project that they will not need to work during their retirement years to supplement their income. Some will work…
A Quick Look at the New Numbers for 2019
The Motley Fool’s Sean Williams, in a post yesterday on www.fool.com, takes a look at recently-announced 2019 COLA decision, and takes a look at the payroll tax numbers projected for next year. Interestingly, his article touches on the oft-repeated question of…
Having a budget is important in retirement too!
Most folks are aware of the importance of living within your budget during your working years. Fortunately, if you budget wisely and keep your spending within that budget, your regular employment earnings should sustain you. But what about when you…