Latest News
The Elusive Financial Independence
Today is Independence Day, and that’s a great milestone to honor. But for many Americans, true and absolute financial independence remains out of reach. The Motley Fool’s Sean Williams takes a look at statistics that say “Only one in 10…
The Oft-Overlooked Glitch in Retirement Planning
One sort of standard rule of thumb is that your cash flow in retirement needs to be adequate to cover about 75% of your retirement spending level. That might work out for some, but for those who get hit with…
A Collection of “Backgrounders” on Social Security
Personal finance columnist Michelle Singletary, in a post on www.washingtonpost.com, examines a collection of issues and provides responses to Social Security-related questions. Her comments serve to help readers gain more of an in-depth understanding of how Social Security works, touching on some…
Attention Business Owners: Some Tips for Your retirement Planning
Small business owners (and there are nearly 30 million of those in the U.S.) tend to worry a lot about the retirement security of their employees. But what about their own? Certainly, they have a plan in mind, and it…
Well, Here’s Another New Scam Hitting the Airwaves
It’s an alert to Kentuckians, but it’s likely to spread (and probably already has!) across the country, and it once again involves your Social Security number. In this version of a scam, impostors posing as “Federal Social Security Agents” will…
Media Coverage of Retirement Savings Shortfalls Questionned
Andrew Biggs, resident scholar at the American Enterprise Institute (AEI) and frequent columnist of issues associated with retirement financing and Social Security, presents an analysis of the media’s coverage of what’s become commonly knows as a “retirement savings crisis.” In…
The Importance of Staying Engaged in Your Retirement Years
Loneliness can be a killer–literally, Reuters.com columnist Chris Taylor provides and analogy of how one retiree succumbed to the ravages of aging alone and disengaged, and provides several key recommendations to prevent falling in to this trap. They all focus…
Average 401k Balances: How do You Stack up?
Vanguard Marketing Corporation recently released its “HOW AMERICA SAVES 2018” briefing, noting that the average 401k balance held by participants in their plans to be just under $104,000. As The Motley Fool’s Maurie Backman notes in her post on cumberlink.com about…
Young People, Listen Up…Here Are Some Suggestions That Will Benefit You
Yes, it’s difficult to save for something as far away as retirement and, yes, it’s easy to assume that Social Security will carry the day for you when that retirement date comes. And if that’s your outlook on the retirement…
Understanding Your “Claiming Age”…and What it Means to Your Social Security Benefits
The implications of not understanding what your decision regarding when you claim Social Security means in the long run are severe….to the tune of up to the loss of a 76% “bonus” in your monthly benefits. The Motley Fool’s Sean Williams…