My Comments: A critical question on the minds of everyone is “Will Social Security be there for me or my spouse?” It doesn’t matter where you are in life, short of being on life support. Unfortunately, there is not yet the political will to impose a solution. That’s because the crisis is not yet within …
Category: Social Security
When Should You Apply for Social Security
My Comments: Brian Stoffel has identified 3 critical elements for everyone not yet retired and receiving Social Security benefits. And they are not just about money and the role it plays in people’s lives. I could point out some flaws in his arguments, but the message is real. Brian Stoffel | Apr 17, 2017 You …
Social Security “Facts” Or Myths
My Comments: It’s clear from the questions I get that people starting the transition to ‘retirement’ are easily confused by Social Security. They know it’s there; they’ve been paying into it for years. But there are enough variables to paralyze you if you let them. Todd Campbell \ Jun 26, 2017 There's a lot of …
Is Social Security Going Broke?
My Comments: In 1983, when Social Security was on the verge of going broke, Congress made some changes to keep it alive and well. It’s again on the verge of going broke and there are ways to fix it. But were not yet close enough to the edge of the cliff for there to be …
Social Security Fundamentals
My Comments: Forget for a minute that without changes from Congress, Social Security as we know it today will collapse. We’re probably 15 years away from that happening which means no one now in Congress gives a damn. In the meantime, many of you are starting to explore when and how to sign up for …
When to Start Social Security
My Comments: A very serious question, and one that requires some thinking about. We’ve talked about this before, but if you’ve not yet signed up, here are five questions you can ask yourself to get a better answer. Chuck Saletta – May 19, 2017 Your lifetime Social Security retirement benefit is expected to be about …
Social Security Changes Coming
My Comments: We all know Social Security is here to stay, right? Well, maybe not. What was started in 1935 has undergone a few revisions, the last significant one in 1983. That was because it was going broke fast, and the baby boomers and their impending retirement were on the horizon. Well, it’s time for …
Social Security Rules
My Comments: For millions of us, Social Security is critical for keeping our heads above water. If you are just now entering the transition to retirement, what you read here is basic information you need to be aware of. Wendy Connick / May 12, 2017 Calculating your Social Security benefits can get...complicated. It's not just …
Medicare Knowledge
My Comments: The Kiplinger article from which this comes is titled “Ten Things You Must Know About Medicare.” With confusion being spread in D.C. these days, and with so many of us counting on Medicare to help us with medical issues as we live out our lives, I found this to be great information and …
Social Security Myths
My Comments: Social Security benefits are almost universally critical to retired Americans. The transition from working for money to having money work for you is complicated and perilous. Know as much as you can before you commit. Tom Anderson – April 25, 2017 You probably know less about Social Security than you think. More than …
Helping Define Your Financial Future 