Browsing Tag
Social Security
398 posts
Social Security is a U.S. government program that provides financial support to retirees, people with disabilities, and surviving family members. It’s primarily funded by payroll taxes and provides monthly benefits to those who have contributed to the system.
Potential Social Security Cuts Weigh Heavily on Advisors, Clients
Nearly half of financial advisors (46%) are worried about the Social Security program drastically cutting their older clients’…
Why ‘Retirement Crisis’ Hysteria is All Hype
Here’s something to keep us up at night. The World Economic Forum predicts an eye-popping $224 trillion global…
Bernie’s ‘Right’ to a Secure Retirement Pumps Social Security
Bernie Sanders unveiled a plan to guarantee the “Right to a Secure Retirement” on Friday, as he and…
ACA Redux? We Don’t Need a Retirement Plan ‘Public Option’
A pair of academics are out with (yet another) policy proposal to address the retirement crisis, the assumption…
Social Security: Retirees Lose $3.4 Trillion by Claiming Too Early
Retirees will collectively lose $3.4 trillion (that’s trillion with a “T”) in potential income that they could spend…
21st Century Beating Up on Social Security Buying Power
Not sure how this is possible in a low inflationary environment when interest rates were kept near zero,…
Early Social Security Filers Often Have Regrets
Nearly four in 10 retirees have regrets about when they filed for Social Security says a new MassMutual study, showing six figures could be at risk.
Reason No. 2,637 for a 401(k)
Social Security Benefits expectations differ: retirees get $1,408 monthly, future retirees expect $1,805. Survey shows key gaps.
Good News for Social Security Solvency
Social Security Trust Fund gains solvency, now projected to last longer with improved reserves and stronger disability fund outlook.
Just 1 in 4 Saving Enough in their 401(k)
Findings that 3 in 4 aren't saving enough in their 401k to maintain their standard of living in retirement reveals a need for better financial literacy.