AMAC Foundation
The wisdom (or not) of delaying Social Security
Most retirement planners will tell you that you can get a much higher monthly benefit by waiting longer to claim your Social Security. But some advisors do actually suggest claiming earlier to get the SS money sooner, for several reasons.…
Imagine No Social Security
In 1971, the iconic songwriter John Lennon penned the lyrics to his famous song “Imagine,” asking us to picture a world in total peace and harmony. Although it was a call to imagine what life would be like in a…
Can You Live on Social Security Alone?
Social Security benefits were meant to bolster existing retirement savings and pensions — not to make up for a non-existent nest egg.” And that mantra is one that we frequently emphasize here at the AMAC Foundation’s Social Security Advisory Service.…
When are most people claiming Social Security?
When do most Americans claim their Social Security benefit? That’s an interesting question, but the answer should form the basis of when you personally claim your SS benefits, because everyone’s situation is different. Although it might be interesting to know…
Social Security 2026: What you need to know!
Since 1940, Social Security has been paying monthly benefits to American seniors and their dependents – that’s almost 9 decades! That is a pretty good record, and the program regularly changes to keep up with the times. In fact, several…
Some Retirement Advisors are Wrong!
Considered somewhat of a “guru” on retirement matters, Dave Ramsey is a frequently featured guest on financial programs, and he offers a regular financial podcast and “blog” offering retirement advice to Americans. Though he’s often consulted about retirement options, it…
Social Security in 2026
Some Social Security rules are designed to automatically change as each new year dawns and, with 2026 just around the corner, it’s important to know what next year holds for those of us on Social Security. This Motley Fool article…
Social Security Reform Options
As the year of reckoning (2033) draws near, many are becoming concerned about the future of America’s most important retirement program – Social Security. The Trustees of the program have warned Congress for decades that Social Security faces insolvency in…
Social Security Disability Insurance (SSDI): Everything you need to know
Here’s a disquieting thought: About 25% of those first entering the workforce will become disabled at some point in their life. Not a pretty outlook, but it is one of life’s proven statistics. However, take some comfort in knowing that…
More on Social Security Solvency
In this brief, but sobering, article by Rachel DePompa at FOX8News, the author reveals that 4 out of 5 retired American rely on Social Security to pay their monthly bills. This fact, when viewed in the context of Social Security’s…