Pre-retirees spend a lot of time planning their investments, budgets, and lifestyles for the transition to retirement. But Social Security is just as important, if not more so, and by making the most of it you could significantly boost your retirement income. But how do you do it? The biggest blanket piece of advice out […]
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Archive | Social Security
New Reports Show Challenging Financial Outlook Continues for Social Security and Medicare
New Reports Show Challenging Financial Outlook Continues for Social Security and Medicare Every year, the Trustees of the Social Security and Medicare Trust Funds release reports to Congress on the current financial condition and projected financial outlook of these programs. This year’s reports, released on May 31, 2013, show that both programs face urgent financial […]
Counting on Social Security Being There in Your Retirement? Think Again!
Despite all the government budget drama in the news in the past months, most notably with the fiscal cliff, there is a massive elephant in the room that doesn’t often get the attention it deserves from policy-makers. This is, of course, Social Security (and its cousin, Medicare). Like most readers of financial news, you’ve probably […]