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Senate hosts 3rd hearing on healthcare costs: 5 takeaways
A Senate panel tackled administrative spending in healthcare during a hearing July 31, the third in a series of hearings focused on reducing healthcare costs. Continue reading article here… Notice: The link provided above connects readers to the full content of the…
Navigating Financial Obstacles in Retirement
It can be a mine field, this process of building and managing a solid retirement financial picture. In fact, this mine filed is strewn with obstacles that can derail one’s financial plans quickly. Fox Business reporter Leia Klingel, in a post…
Entering Your 60s? It’s not too late to shore up your Social Security picture
With nearly a third of all seniors finding themselves totally reliant on Social Security for their independence, and with fully 62% of seniors depending on the program for at least half of their retirement income, it’s critical for so many to…
What Happens to Social Security in a Government Shutdown?
It becomes an issue every so often, this threat of a shutdown of the federal government’s business operations. Between now and September 30, the current threat may evaporate, but if it doesn’t, your Social Security payments will not be affected,…
Details You Need to Know About Social Security
Folks doing their research on when to file for Social Security benefits face an avalanche of information that, if not understood well, can lead to a long-term loss of benefits or a short-term surprise. The Chicago Financial Planner’s Roger Wohlner provides…
So, Actually How Does Social Security Calculate My Benefit?
For some folks, a spoken definition can be better than a written explanation, especially when it comes to something as complicated as calculating ones’ Social Security benefits. Klaas Financial Asset Advisors, oerating in Northern Illinois and Southern Wisconsin has filled this niche…
Working While Disabled — Social Security Can Help
(Source: Social Security Administration) While it may be best known for retirement, Social Security is also here to help you get back to work if you are disabled. For millions of people, work isn’t just a source of income, it’s…
Young Workers…Listen Up!
One of the most frequently-observed shortcomings in planning for retirement finances is the absence of a nest egg sufficient to support a desired lifestyle. If you’re at the brink of that life phase, there are few options available to you,…
A Call for Action on Social Security’s Solvency Dilemma
The Concord Coalition, a non-partisan fiscal advocacy organization serving as a source of information on the risks and consequences of a growing federal debt and unsustainable fiscal policies, recently issued a “call to action” stressing the importance of taking action…
Concerns Over Longevity and Financial Sustainability Growing
According to a recent Allianz study, “66% of Americans aged 45 to 65 with over $400,000 in retirement savings on average feel they’re at risk of running out of money during their golden years. And 61% think they’ll need to keep…