What a typical couple’s retirement really costs

Based on federal data, a typical American couple aged 65 or older needs about $1.16 million saved to retire comfortably.  According to an analysis by Investopedia, the nest egg a couple needs ranges from $800,000 to about $1.33 million, depending…

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The Value of Social Security Knowledge

Here at the AMAC Foundation[1], we are keenly aware that knowledge about Social Security will help everyone choose a course of action which is best for their financial wellbeing.  At times, it is someone who is looking ahead to retirement…

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Today is Social Security’s 91st Birthday!

Although this article is titled somewhat pessimistically (will this be one of Social Security’s “last birthdays”), it includes an analysis by the Committee for a Responsible Federal Budget (CRFB) which is actually a very comprehensive evaluation of the financial issues…

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An Important Question: When to Claim Social Security?

About 25 million American’s are between age 55 and 62, meaning that most in that age group are contemplating a very important decision they will soon need to make. As they approach Social Security’s “early eligibility age” (age 62), most…

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Understanding Social Security’s “dual entitlement” rule for Spouse and Survivor Benefits

Here at the AMAC Foundation’s Social Security Advisory Service, we get thousands of Social Security and Medicare enrollment questions each year, either to our national call center (1-800-750-2622) or via email to SSadvisor@amacfoundation.org. We answer all questions promptly and without…

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“Ask Rusty – We Were Bitten by Medicare’s IRMAA this year; What Should I Do? ”

Dear Rusty:  My wife and I file our taxes jointly. In 2024, I took an IRA Required Minimum Distribution (RMD) which was significantly more than I was required to take. My Medicare premiums were not affected in 2025, and our…

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