Seniors Worried About Social Security Cuts
The U.S. Social Security system faces two big problems. First, older Americans who have paid into the program for decades worry that it will collapse and that they won't receive ...Read Full Story »
Social Security
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Retirement Shock: It’s Worse Than Social Security Going Broke in 2035
There has been a longstanding concern, some mythical and some based on math, that there will be no Social Security for retirees in the future. While this is not entirely ...Read Full Story »
Can Social Security and Medicare Be Saved Before Funds Deplete Significantly?
The trustees of the Social Security and Medicare trust funds on Monday released their annual report on the current and future financial status of the two programs. The report projects ...Read Full Story »
CBO Projects US Debt Repayment to Exceed Social Security Spending by 2048
The Congressional Budget Office (CBO) on Tuesday released its 2018 update to the long-term federal budget, and the picture is not a pretty one. Based on projected revenue and spending ...Read Full Story »
6 Most Important Things in Business Today
Tesla Inc. (NASDAQ: TSLA) expects to reach production of 5,000 Model 3 cars per week by the end of the month. According to a Seeking Alpha transcript: CEO Elon Musk ...Read Full Story »
Social Security Recipients to Get 2% Bump in 2018
Millions of Social Security recipients and retirees will receive a 2% increase in benefits next year, the largest gain since 2012. The Social Security Administration announced the cost-of-living adjustment (COLA) ...Read Full Story »
How Social Security Benefits Are Incorrectly Explained and What to Do About It
Two recent reports have looked in depth at the workings of the Social Security Administration (SSA). Both have found -- unsurprisingly -- that SSA has some problems, and these problems ...Read Full Story »
US to Have 98 Million People Over 65 in 2060
It seems like a long time off and a lot of people. The U.S. Census Bureau expects the country to have 98 million residents ages 65 and older by 2060. ...Read Full Story »
9 Old-Fashioned Names Making Huge Comebacks
Most people are called the name they were given at birth for their entire lives, and for that reason, the name of a child is often given intense consideration. Like ...Read Full Story »
Pension Plan Benefits Flow to Wealthier Retirees
By far the single most common contributing program to a retiree’s household income is Social Security. And the lower a person’s retirement income, the bigger role Social Security plays. For ...Read Full Story »
Half of Americans Die Broke
New research from MIT indicates that nearly half of Americans die with essentially no financial assets. About 46% of U.S. senior citizens hold less than $10,000 in assets at the ...Read Full Story »
A Need for Social Security When There May Be Little
More and more Americans expect to rely on Social Security as they move into retirement. Based on government numbers, the agency will have trouble supporting them. Due to a need ...Read Full Story »
Will States Break Pension Promises?
The Pew Center on the States released new research that says "The gap between the promises states have made for public employees’ retirement benefits and the money they have set ...Read Full Story »
At The Core Of Republican Deficit Plan–Do Tax Cuts Work?
The Republicans released their proposed financial plan and it aims to balance America's budget by 2015. Called "The Path To Prosperity: Restoring America's Promise", its success is based as much ...Read Full Story »
Americans Begin To Admit Social Security Trouble
Americans continue to protest cuts in Social Security as a means to bring down the national deficit. It appears that some expect payments to be lower. A new Gallup polls ...Read Full Story »
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