No pension; no savings; now what?
In today’s world, “it’s all incumbent on employees to to take care of their own retirement,” says John Laitner, a University of Michigan economics professor who also heads U-M’s Retirement Research Center. ” We’re in a period of transition” in how Americans fund their retirement. “In this environment, Social Security is more important than ever.” This piece at mlive.com profiles a Michigan woman, not atypical, who worked mostly part-time in her career. It also offers some sobering statistics about saving. Read full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.