retirement
You don’t have to run out of money in retirement
Nearly two in three Americans (64 percent) are more worried about going broke in retirement than dying, according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement. But what if things are not as…
Compound interest, the eighth wonder of the world
Most Americans think that to retire comfortably, you will need $1.5 million dollars in retirement savings. That figure is daunting for most individuals when the average annual salary across the U.S. is approximately $59,428. To reach that goal, you would…
The biggest retirement blind spots
Retirement saving plans are not one size that fits all. Your retirement plan, which encompasses both savings and spending, must meet both your financial needs and your personal needs. Many people understand the savings part of the retirement planning equation,…
Are you ready to retire early?
All the retirement experts advise us that we need between one and two million dollars before we can retire. Others say, don’t start your Social Security before age 70. All this advice is great, but isn’t it a personal decision…
Claiming at 62, is it a matter of longevity and risk
You can claim Social Security benefits starting at age 62, but your benefits will be reduced if you claim before your full retirement age. Delaying your claim past your full retirement age can increase your monthly benefits by eight percent…
More on Social Security’s financial dilemma
As a companion to another article posted today hereon, this Roosevelt Institute article by Stephen Nuñez provides substantial detail about why a Social Security issue exists, and what can be done to prevent the Social Security Trust Funds from being…
Root Cause Analysis: The SS Trust Fund Shortfall
As we have heralded on this website for years, the Social Security Trust Funds are facing a financial crisis in about the year 2033. That is the point, on current course, that the Trust Funds will be fully depleted, necessitating…
Social Security’s maximum benefit is unachievable by most – but don’t despair
Social Security’s so-called “maximum benefit amount” ($5,251 per month for 2026) is one which is quite difficult (some would say, impossible) to achieve. Indeed, it is likely unattainable for most beneficiaries, because it requires a nexus of several factors. Nevertheless,…
Caution to those collecting early benefits: The Social Security “Earnings Test” applies
Probably the biggest cause of seniors receiving an “Overpayment Notice” from the Social Security Administration is a rule called the “Annual Earnings Test,” or “AET.” The AET affects those who claim Social Security prior to their full retirement age (FRA)…
Traps to Avoid in Retirement
Suze Orman is, perhaps, one of the most respected guru’s when it comes to retirement planning. She is a regular guest on television and radio financial programs, and is often sought out for advice on financial matters. So, when Suze…