retirement
“Phased Retirement?” More Aging Workers are considering it!
The old tradition of working for a lifetime and then hanging it up to enjoy one’s “golden years” seems to be fading fast. As life expectancy continues to increase, many seniors find that going from full-time work to 100% idle…
Ask Rusty – Can I Get Extra Social Security for my Military Service?
Dear Rusty: Please help. I served from 1964 to 1966 in the US Army. I have been trying to contact Social Security in order to request extra benefits for veterans. The telephone is a recording, and you never get to…
Interesting Twist: Social Security Can Free You to Invest More Aggressively
Historically, most investment advisors counsel us to become more conservative in our investment strategy as we approach retirement. Conventional wisdom often suggests changing our investment portfolio from higher-risk stocks to lower risk investments such as the guaranteed returns from the…
Retirement Crisis in America
If you are relying on Social Security alone for your retirement income you will be living below the poverty level. People are living longer and our retirement system is outdated. Jeannine Mancini for Benzinga explains here… The link provided above connects…
Retirement Planning 2025–Secure 2.0 Changes to be Aware of
The ongoing implementation of features included in the 2022 Secure 2.0 Act brings several new provisions this year that can affect retirement planning. From automatic enrollment in retirement plans to a quicker availability for part-timers to participate in 401(k) plans,…
Unretiring? Make sure you understand the Implications for Social Security & Medicare
The chaotic years of the COVID pandemic led to many folks leaving the workforce earlier than planned. Now that the landscape has leveled, many are rethinking that decision and looking toward rejoining the workforce. As indicated in a ThinkAdvisor post…
Social Security Seems to be Playing a Greater Role in Finances of the Newly-Retired
A recent survey by the Employee Benefit Research Institute (EBRI) revealed that younger retirees–those who entered retirement at ages 62 and 63–depend on Social Security for about two-thirds of their income, compared to about half for retirees now in their…
A National Retirement Savings Program–A Way to Ensure Retirement Security?
The news these days is awash with projections of Social Security’s impending demise. Given the constant doom and gloom, it’s understandable that many recent retirees and, more importantly, those looking ahead to retirement develop a sense of despair. After all,…
Another Argument for Opting Out of Social Security
The issue of breaking away from Social Security in its present form is not new. It’s been discussed repeatedly through the years and is now resurfacing as the projected full depletion of the program’s financial reserves approaches. The arguments for…
The Changing Face of Retirement
For many folks, and for so many years, the thought of retirement meant leaving the stress and pressure of a workforce career behind and downshifting to a life of leisure devoid of demands and obligations. While some may still have…