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Plan ahead to avoid most of these mistakes

Let’s face it, we all make mistakes, but it’s never too late to correct some of them. This holds true for retirement planning as well.  In John F. Wasik’s column appearing on, he outlines the five biggest retirement planning mistakes and how to avoid them. Read Mr. Wasik’s column here…

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Comments On This Topic

  1. I think washington needs to re-pay what they have already stolen and there wont be a shortfall. I say stolen because they took the money with no intentions of paying it back.

    • I’m afraid you are basing your comment on a myth. No one has ever stolen Social Security funds and used it for any other purpose, regardless of what you might read on the internet. All monies collected via payroll taxes have been either used to pay benefits to recipients, or deposited into Social Security’s Trust Funds, which now contain just under $3 trillion in assets. By law, monies received for Social Security purposes can be used ONLY for paying benefits to beneficiaries. WE have researched this allegation extensively and found that all Social Security revenues have been used for, or reserved for, Social Security benefit purposes only. Here’s a link to an article you may find informative:
      Nevertheless, SS Trust Fund assets are now being depleted due to more beneficiaries collecting than can be supported by incoming SS revenue. That means that Congress must reform the SS program soon to keep benefits for all recipients from being cut in the future (10 to 15 years in the future).
      Russell Gloor
      National Social Security Advisor
      The AMAC Foundation

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