The solution to fixing Social Security’s long term funding issue is really very simple, but just because it’s simple doesn’t mean it’s easy. Every year the Social Security Board of Trustees releases a report, which includes updated projections on the long-term financial condition of our Social Security system. One of its main focuses is on [...]
Before you start claiming your benefits, think about how this decision will affect each one of you. Married couples have an extremely important financial decision to make as they enter retirement. However, often times, couples don’t think through how the decision will affect each person independently. The decision I’m referring to is the age that [...]
Ask just about any retiree and they’ll tell you how much they love their monthly Social Security checks. It’s an incredibly important source of retirement income, with over 66% of beneficiaries either critically or totally dependent on Social Security to maintain their quality of life. With so much at stake, it’s important to fully understand [...]