seniors
Do you have a “decumulation” plan?
While many future retirees have an accumulation plan for growing their retirement nest egg, far too many don’t have a “decumulation” plan – a plan for how to use that accumulated nest egg after reaching your golden years. This article…
The Proposed Commission to Reform Social Security
Earlier this week in this AMAC Foundation SocialSecurityReport.org forum, we reported on proposed legislation to create a new special commission to explore and evaluate options, reach bipartisan consensus, and propose legislative changes to the Social Security program to restore it…
Looking in on Elder Friends and Family
For many old adults, staying connected with friends and family is extremely important, and even small acts of kindness and care can greatly enrich a senior person’s life. Whether it is simply checking in on them periodically, assisting them with…
Social Security and the National Debt
Does Social Security contribute to the national debt? According to this article published by the CATO Institute, yes it does. This once again becomes a discussion topic on the heels of the recently published annual report by the Trustees of…
Social Security Insolvency Nearing, but There is Still Time to Reform it.
In this very interesting and accurate article by David Timmons of the National Taxpayers Union (NTU), the author discusses the recently released report from the Trustees of Social Security, providing an excellent outline of the problem and how it might…
Experts Disagree on Social Security Insolvency Date
On the heels of the official annual report from the Trustees of Social Security, another budget modeling organization did a separate analysis on the program’s financial health. That new analysis suggests that rather than the SS Trust Funds running dry…
Appealing the Medicare “IRMAA” Surcharge
In this interesting article, a newly retired senior found that her Medicare premiums for the forthcoming year will be based upon her (and her husband’s) income while they were still working. That’s because Medicare premiums are determined each year from…
Medicare Is Not Going Away, but Healthcare Costs Are Definitely Rising!
Those of you on Medicare, who watched as your monthly premium for Part B (outpatient medical services) went from $164.90 per month in 2023 to $202.90 per month in 2026, are acutely aware of the rising cost of American healthcare.…
Your Retirement “Nest Egg” and the Impact of Home Ownership
At one time, having $1 million dollars in your retirement “nest egg” was consider almost a necessity to achieve a comfortable life in your golden years. No question that would be a good goal, but as time has marched on,…
A Ray of Hope for SS Reform???
Just recently, the so-called “Bipartisan Social Security Commission Act of 2026 (H.R. 9187)” was introduced on the House Floor by Republican Congressman Tom Cole (OK-04) and Democratic Congressman Tom Suozzi (D-Long Island/Queens). Coincidentally, House Speaker Mike Johnson yesterday called on his…