Social Security
Early Retirement: Why it may not always be the wrong choice.
These days, it seems that those dispensing advice on retirement financing routinely sound off about the dreadful consequences of taking Social Security benefits at age 62–the earliest possible age to file. And it’s certainly true that filing at age 62 results…
What Happens to Social Security in a Government Shutdown?
It becomes an issue every so often, this threat of a shutdown of the federal government’s business operations. Between now and September 30, the current threat may evaporate, but if it doesn’t, your Social Security payments will not be affected,…
So, Actually How Does Social Security Calculate My Benefit?
For some folks, a spoken definition can be better than a written explanation, especially when it comes to something as complicated as calculating ones’ Social Security benefits. Klaas Financial Asset Advisors, oerating in Northern Illinois and Southern Wisconsin has filled this niche…
Working While Disabled — Social Security Can Help
(Source: Social Security Administration) While it may be best known for retirement, Social Security is also here to help you get back to work if you are disabled. For millions of people, work isn’t just a source of income, it’s…
No 401k? Don’t Give Up…You Still Have Options
The problem of inadequate wealth accumulation for one’s future retirement security is an issue appearing frequently–some would say constantly–in the financial media these days. You’ve no doubt seen the statistics, like the National Institute on Retirement Security’s conclusion that 66% of people…
A Call for Action on Social Security’s Solvency Dilemma
The Concord Coalition, a non-partisan fiscal advocacy organization serving as a source of information on the risks and consequences of a growing federal debt and unsustainable fiscal policies, recently issued a “call to action” stressing the importance of taking action…
Concerns Over Longevity and Financial Sustainability Growing
According to a recent Allianz study, “66% of Americans aged 45 to 65 with over $400,000 in retirement savings on average feel they’re at risk of running out of money during their golden years. And 61% think they’ll need to keep…
A Five-minute Overview of Social Security Details
The producers at Nebraska TV (NTV), in their Good Morning Nebraska show, present an informative video featuring Tim Moomey of the FSB Investment Center discussing Social Security issues. If you have a spare five minutes, it’s a pretty good synopsis of the 2018…
Social Security COLA Talks Heating Up
We’re into that time of the year…the months where pundits begin to look closely at the CPI-W readings and formulate their forecast of what the July-September readings will be in relation to last year. The year-to-year comparison, of course, will…
For Many, Social Security is the Footing for a Sound Retirement
Despite rumors of Social Security’s impending problems (in fact, many use the term “bankruptcy”), rational, informed financial planning for retirement needs to consider the place that this benefit program holds for seniors. Marcia Mantell, founder and president of Mantell Retirement Consulting, Inc., in…