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Point of View: Perspectives on the Social Security Trust Fund
The rhetoric on Social Security’s looming solvency issue is free-flowing these days, and much of it deals with the program’s trust funds and their role in the overall benefit funding process. A post on shepherdexpress.com by William Holahan, emeritus professor…
Planning for Retirement? Here’s a Solid Roadmap to Consider
Planning for retirement is not easy. It’s not something to put aside for later, because time goes by quickly and before you know what happened, you’re at the point where you know you should have given it more thought. So,…
Inflation and Retirement Planning–Some Suggestions
Virtually every consumer is painfully aware of the inflationary cycle our economy is enduring, and not everyone is buying the thought that it’s a temporary–or transitory, to use a vernacular term–phenomenon. Retirees and those planning for their retirement years are…
Working in Retirement: A Real-Life Situation Analyzed
In a post on adn.com, Alaska Workplace reporter Lynne Curry addresses a situation many folks are considering as they approach their retirement years. For lack of a better name, it’s called “semiretirement” and it involves remaining in the workforce after…
Improving Your Fraud Protection Through Digital Precautions
Over two million fraud cases were reported last year, and that may be just the tip of the proverbial iceberg. Many are not reported, possibly because of embarrassment or just not knowing what to do. The best course of action…
Showcasing the Deficiency of the Current COLA Process
Social Security’s annual cost-of-living adjustment (COLA) process supposedly measures the cost increases across the spectrum of spending categories Americans face. It’s based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), and it’s been that way…
Fitting Social Security Into Your Retirement Financial Plan
Many folks are aware that Social Security, by design, will not completely cover their desired level of comfort in retirement. Its basic intent is to serve as a mechanism to keep seniors from falling into poverty, with the expectation that…
Understanding the Math Behind Claiming Ages
There are many factors associated with the decision on when to file a claim for Social Security benefits, In fact, here at the AMAC Social Security Advisory Service, we typically begin our responses to the “when should I file” question…
Retirement Planning and Longevity Insurance
A very common concern in the minds of so many seniors these days, given Social Security’s muddied long-term future, raging inflation, and the economy in general, is the possibility of outliving accumulated financial resources. To use a popular phrase, “It’s…
Social Security’s Place in Your Financial Plan for Retirement
There are many details that those approaching retirement decisions are not clear on, especially the details of some of the options like spouse benefits, survivor benefits, family benefits, and so on. But if you’re at the point of assessing what…