My Comments: If you are not yet retired, which means different things to different people, chances are you’ll be eligible for Social Security benefits. Before your magic day of retirement arrives, you need to have a solid understanding of how the Social Security System works and what you can expect to receive. And also know …
Continue reading 7 Things Everyone Gets Wrong About Social Security
My Comments: As you approach your retirement and your 62nd birthday, this question becomes increasingly relevant. Retirement is that point in your life when you essentially quit working for money and instead money starts working for you. The challenge is to make sure it’s working hard enough to keep you from running out of money …
Continue reading 3 Things That Affect When You Should Apply for Social Security
My Comments: To all this, I will add another reason to take your benefits early. Reason #4: You are single and might not live very long. This applies to people who are single, likely to remain that way, and have a serious health issue. If there is reason to think you might not live into …
Continue reading 3 Reasons 62-Year-Olds Should Take Social Security Now
My Comments: I’ve never understood the fear that surfaces among some people when the term ‘socialism’ appears. What threat do they feel from this poorly understood word? Yes, I remember the McCarthy hearings and the red menace of Communism. It manifested itself in Russia and China, and was perceived as a global threat to capitalism. …
Continue reading The Forgotten Architect of the American Social Security System
My Comments: Facing retirement without enough money is a frightening prospect. And leaving money on the table that you can claim doesn’t make much sense. These words from Laurance Kotlikoff might apply to you if you’re between ages 64.9 and 68. by Laurence Kotlikoff \ October 15, 2018 Summary • The 2015 Social Security amendments …
Continue reading Millions Of Americans Are Leaving Social Security Spousal Benefits On The Table
My Comments: Personally, I’m completely invested in #4, #6, #8, and #9. I’m working hard on #1 and #10. What you choose is entirely up to you. Boosting your retirement income is not about accumulating more stuff. It’s about enjoying life, completing your bucket list of things to do, and having money to pay your …
Continue reading 11 Proven Ways to Boost Your Retirement Income
My Comments: Social Security is a complicated issue for almost everyone in the retirement planning process. There are so many variables it’s hard to get your arms around what is in your best interest. Many people just say to hell with it and sign up at age 62. And that can be a huge mistake. …
Continue reading When to Take Social Security: The Complete Guide
My Comments: The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." They recognize that market crashes happen from time to time, and …
Continue reading Listen to the IMF’s new warning, economist says, and cut your exposure to US stocks
My Comments: For millions of us, Social Security has become a critical source of income if we expect to continue our current standard of living into the future. For those of you not yet claiming benefits, these four items are critical to your future retirement success. Christy Bieber \ Oct 7, 2018 Social Security benefits …
Continue reading 4 Signs You’re Thinking About Social Security Benefits the Wrong Way
My Tuesday Comments on Social Security: Some of us remember what happened in 1983 when Congress was sane and was facing a financial crisis. Within the span of six years, which happened to be the same six year election cycle of the Senate, the system was expected to crash. So bending to common sense, Congress …
Continue reading How Social Security’s Troubles Could All Just Go Away
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