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Misinformation About Social Security
With the lack of knowledge surrounding Social Security there are many pieces of false advice and myths floating around. The internet is a breeding ground for such information and can make it harder to dispel these myths with how difficult…
Retirement Confidence Across Generations
Many workers are still recovering from the Great Recession which drained most retirement accounts. Baby Boomers, Gen X, and Millennials all poll under 50% for feeling ready and prepared for retirement. When the majority of the population is feeling insecure…
Social Security Untruths–Setting the Record Straight
Author and investment analyst Selena Maranjian, writing for the Motley Fool and posting on foxbusiness.com, takes a look at some commonly-held misconceptions about basic Social Security, from how benefits are calculated to the much-reported “bankruptcy” of the system. Read her article here……
Retirement and the Pension Protection Act – An Assessment
The Pension Protection Act of 2006 had solid support for its goal of shoring up financial security for Americans in their retirement years. Now, a decade later, how has it fared? An article by Dan Kadlec posted on time.com takes…
Geriatric ERs Reduce Stress, Medical Risks For Elderly Patients
(By Anna Gorman for Kaiser Health News) NEW YORK — The Mount Sinai Hospital emergency room looks and sounds like hundreds of others across the country: Doctors rush through packed hallways; machines beep incessantly; paramedics wheel stretchers in as patients moan…
Is there a correlation between education level and savings motivation?
An article by MarketWatch columnist Andrea Coombes takes a look at conclusions drawn from a study by the American Sociological Association that there is a correlation between attitudes on saving for retirement and education level. An excerpt from the research paper produced…
Is Someone You Know Wondering “Who” FICA Is?
(Source – Social Security Matters) Social Security’s Acting Commissioner, Carolyn W. Colvin, likes to tell this amusing story. A colleague’s teenage daughter came home bursting with excitement after receiving her first paycheck. But she had one question about her earnings…
Medicare Facts for Boomers
Medicare and Social Security go hand in hand. Both systems exist to ease the financial burdens of those entering retirement yet both can also be a headache to those attempting to understand them. As with Social Security, there are many…
What if you don’t retire?
As has been reported frequently in the past months and years, people are tending to stay in the workforce longer and longer, leading some employers to consider “phased retirement” approaches for older workers. Personal Finance Writer Tom Anderson, in a…
The Retirement Savings Conundrum – Analyzing a Real-life Case
Like more than a quarter of the respondents to a Northwestern Mutual survey, a couple in their 50s from Everett, Washington had concerns about the their retirement saving strategies and sought help. This article by George Erb posted at www.seattletimes.com takes a look…