Lawmakers are hashing out plans to shore up Social Security’s ailing trust funds, and the possible changes will affect the benefits Americans receive. Broadly, that comes down to two key ...
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Social Security
The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement. In 2020, women made 83 cents for every dollar earned by men, according to ...
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Comments Off on This is what women must do to overcome the retirement savings shortfall, says a financial pro
Find calmer seas with a retirement plan that includes safe income and eliminates the sour stomach that comes with market corrections. Read more at Kiplinger ...
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Comments Off on Choppy Market Impacting Your Retirement Income Plan?
As an economist, pulling punches isn’t in my DNA. So, I’ll be blunt: For most Americans, early retirement isn’t just a decision to take the longest vacation of their lives — ...
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Comments Off on A Harvard-trained economist says ‘early retirement is one of the worst money mistakes’—here’s why you’ll ‘regret’ it
There is still time to improve your retirement finances in the years leading up to retirement. By reviewing how much you have saved and thinking about how much ...
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Now that’s more like it. Older Americans scraping by on meager increases in their Social Security checks the past decade will reap a relative windfall next year. The ...
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Comments Off on Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes
Social Security is a significant source of income for many retirees, but people often misunderstand even basic concepts behind this government program. Nearly 90% of American adults say ...
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Some people are investing in their retirement without even realizing it. If you have a traditional job, you pay 6.2% of your salary per year in Social Security ...
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Comments Off on The Social Security tax cap kicks in at this salary figure in 2021
Considering annuities, insurance, new investments and delaying Social Security? Read more at MarketWatch ...
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Comments Off on Opinion: How retirement planning needs to change in the new year
Congress raided Social Security, and that’s why the program’s trust fund is running dry. At least that’s what many people believe about why this popular retirement program is in ...
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Comments Off on This Common Myth About Social Security Simply Isn’t True
