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Have you gotten advice from Social Security Administration? Getting a 2nd opinion is always a good idea.
Many people approaching retirement turn to the most obvious choice for advice – the Federal Government’s Social Security Administration. But, as a recent GAO analysis uncovered, SSA employees aren’t always providing callers with all of the options available to them…
Should you wait until you’re 70, or take Social Security when you’re younger?
Financial counselors will often advise people to try to maximize their Social Security benefits by waiting until they’re 70 years old, if possible. But there are really a lot of factors to consider when deciding when to begin benefits. Sometimes it…
Getting older has its advantages!
We often hear folks lamenting getting older, and there certainly can be any number of challenges as we age. But there are also a lot of reasons for us to embrace our golden years and enjoy them to the fullest.…
Living off of Savings for Your Entire Retirement
Many people approaching retirement age are worried just how far their savings will take them in to retirement. Many are concerned with outliving their savings as the average life span continues to go up. One of the best things to…
Retirement Alternatives–When You’re Not Sure You want to Take the Plunge
Walking away from a career and stepping into full-time retirement can be a daunting experience, and many people are not sure thjey’re ready for the “big step.” There are alternatives, like just staying where you are, picking up work in…
Are you realistic when estimating when you can retire?
Many people are overly optimistic when trying to figure out when they can afford to retire. They often aren’t saving enough money to begin with, don’t have their money properly invested, and have no idea how to calculate how much…
Beware of Scam Mail Warning about loss of Social Security benefit
Mail has been received by some Florida residents suggesting that Congress is considering doing away with Social Security, and requesting a donation to help prevent that from happening. This mail is a bogus attempt to scare seniors into making a…
Most Americans believe prescription drug prices are unreasonable
(Ed Silverman for STAT) Roughly 8 in 10 Americans believe that prices for prescription drugs are unreasonable and support various ideas to lower costs, such as allowing Medicare to negotiate with drug makers and enforcing price caps on high-priced medicines…
How Many Americans are Affected by Social Security
Social Security helps over 60 million people each year, almost 20% of the U.S. This includes retirees, surviving spouses and children, and the disabled. This number grows each year, and just the number of retirees alone is staggering as Baby…
Where to go for Social Security Information
In light of the recent report showing how inadequately employees advise claimants, many are wondering where the best place would be to go for information regarding Social Security. Carolyn Colvin, the acting commissioner for Social Security, says the official website…