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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Tag Archives | Social Security
Will You Be Able To Retire?
Aside from the question of whether your spouse is ready for you to be around all day, making the decision to retire requires an enormous amount of preparation. How do you know if you’re ready? First: Know your expenses Knowing what you spend money on and how much you actually need is critical for retirement […]
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 […]