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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…
A Five-minute Overview of Social Security Details
The producers at Nebraska TV (NTV), in their Good Morning Nebraska show, present an informative video featuring Tim Moomey of the FSB Investment Center discussing Social Security issues. If you have a spare five minutes, it’s a pretty good synopsis of the 2018…
Social Security COLA Talks Heating Up
We’re into that time of the year…the months where pundits begin to look closely at the CPI-W readings and formulate their forecast of what the July-September readings will be in relation to last year. The year-to-year comparison, of course, will…
For Many, Social Security is the Footing for a Sound Retirement
Despite rumors of Social Security’s impending problems (in fact, many use the term “bankruptcy”), rational, informed financial planning for retirement needs to consider the place that this benefit program holds for seniors. Marcia Mantell, founder and president of Mantell Retirement Consulting, Inc., in…
Social Security and Widowed Spouses
Understanding the benefits available to widowed spouses is key to financial planning for the aftermath of the loss of a loved one, and WTOP’s Dawn Doebler takes care in a post to explain the process for obtaining the benefits available. Her…
Social Security’s Gradually Declining Buying Power…And What You Can Do About It
The Motley Fool’s Maurie Backman, in a post on wcfcourier.com’s BUsiness page, highlights the 34% drop in buying power social Security beneficiaries have absorbed over the past 18 or so years, explaining the impact this has had on those reliant on this…
Saving for Retirement…How Are You Doing?
If you feel you’re on track with your retirement savings plan, you’re in the one-out-of-two group who feel that way. The other half senses a deficiency ion their savings progress, with about a third of these folks looking to “risky”…
Medicare: An Overview of Components and Facts
Medicare’s enrollment process can be vexing for those hurtling toward their eligibility. And that’s perhaps an understatement, given the enormity and complexity of this massive program. Missing an enrollment deadline can cost one dearly, and that’s why it’s criticaql to…
Understanding What Social Security Is Not
Social Security has an exemplary record of serving America’s retired workers and their families. Despite this record, it’s important to understand that there are aspects of social welfare that the program is not designed to accommodate, as explained by The Motley…