savings
The Social Security Conundrum
It should be no secret to anyone who stays abreast of the news these days, Social Security - the nation’s primary program to avoid poverty in our senior years - will soon be facing a financial crisis! According to the…
What is the Social Security Administration?
That’s not meant as a trite question - the Social Security Administration (SSA) actually does much more than you may think! The SSA handles monthly payments to well over 53 million retirees, spouses, and survivors. But did you know that…
Working More Can Mean a Higher SS Benefit
As most know, it is possible to claim Social Security retirement benefits as early as age 62. But did you know that doing so will mean your monthly benefit will be as much as 30% less? When to claim SS…
“Retirement Readiness” (per Suze Orman)
Suze Orman is a quite well known financial advisor regularly featured on many TV stations, and she’s been doing that for a lot of years. Thus, she is well respected and influential when it comes to planning for your financial…
A Retirement Nightmare – Social Security’s Annual Earnings Test
A Retirement Scenario Picture this: You’ve worked all your life in your chosen profession and are getting tired of the rat race. You’re 62 years old and comforted to know that you are now eligible to collect Social Security. You…
The “Best Age” to claim Social Security
Spoiler alert: There is no “one best age” to claim your Social Security benefits! Fact is, everyone’s personal circumstances are unique, so what is best for me won’t be the best for you also. Multiple surveys have analyzed when people…
Creating incentives for lifetime income solutions
Only 12 percent of private sector workers have access to traditional pensions, which, at one time, was the cornerstone of company retirement plans. “America’s retirement system is at a pivotal turning point, and a number of changes are needed to…
Decluttering to save money and space in retirement
We have seen those commercials depicting retirees with a carefree life; however, many older Americans entering their retirement years are experiencing anxiety due to decades of “just in case” purchases collecting dust in their garages or attics. These dust collectors…
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…