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5 More Facts You Might Not Know About Social Security
(Source: Social Security Administration) What kind of questions do you and your friends ask about Social Security? When do my benefits arrive? What are Social Security work credits, and do they have anything to do with the way my benefits…
An early prediction for 2019’s COLA
It’s really too early to predict with any degree of accuracy, but at least one pundit – Motley Fool’s Sean Williams – has gone out on a limb with an early prediction of what the COLA for 2019 might be.…
Yet another Social Security “robocall” scam
It seems like every week we hear of yet another effort by cyber-criminals to scam unsuspecting seniors out of their money. And with so many data breaches occurring on a regular basis, it’s increasingly important that everyone be vigilant and…
Retired early? Here are some signs you shouldn’t have
All of us have at some point in our lives dreamed that we could retire early, escape the “old grind” and live out the rest of our lives in leisurely bliss. And more than a few have thought they were able…
Filing for Social Security at 62 can be a mistake
A very sizable percentage of Social Security recipients file for their benefits as soon as they are eligible at age 62. And while that is sometimes exactly the right thing to do, it is also often a mistake. As revealed…
Social Security’s future, for younger workers
If you’re savvy at all on the goings on in Washington, you know that Social Security’s future is a hot topic of discussion theses days. That’s because the program’s annual Trustee’s Report forecasts that it’s Trust Fund, now flush with about…
When should retirement saving start?
Well, of course, the answer is as soon as possible, but as logical and obvious as that seems saving anything at all when just starting a career is much easier said than done. Surprisingly, most Americans think that age 22 is…
Here’s how to build your retirement nest egg
Known in business circles as “Pearson’s Law”, things that you measure improve and things that you measure and track improve exponentially. And in this Forbes article by Nancy L. Anderson, the author offers guidance to use this principle when it comes to…
On the buying power of your Social Security benefit
You probably don’t need to be told this, but the buying power of your Social Security benefit has gone down, because the cost of things you buy has gone up more than your cumulative Social Security cost of living adjustments…
When will Social Security’s finances be fixed? Here’s an opinion
It has been pretty well publicized that Social Security has financial woes which will, this year, cause it to start paying out more in benefits than it receives in revenue. That means that the Trust Fund, now flush with $2.9…