As a woman, you are probably aware that you are statistically expected to outlive your husband. According to the Centers for Disease Control and Prevention 2015 Mortality Report, the average woman in the United States will live to age 81.2 years, and the average man will live 76.3 years. That means you can expect to live…
Social Security Articles
Making the case for Social Security education in the workplace
I have been a proponent of financial education and wellness programs in the workplace for over 20 years. Over that time frame, more and more employers have recognized that financial education can be one of the most valuable employee benefits they can offer their employees. A more financially confident employee is often a more productive…
Are You Making These 5 Retirement Planning Mistakes?
Planning for retirement, but worried you’re missing something? There’s so much to think about when it comes to planning out a secure financial future even after you stop earning an income from your job — and there are a lot of moving parts to coordinate and organize. It’s easy for things to slip through the…
How President Trump, Melania, & Barron Could All Collect Social Security This Year
This may come as a surprise to many, but if you are eligible to collect social security retirement benefits and you still have a dependent child, your child may also qualify for benefits. That includes President Trump’s son Barron, whether he needs the money or not. But for others, this can be a welcome lifeline in…
Social Security: Will The Benefits Last?
When Social Security was established in 1935 by President Roosevelt, the benefits represented economic security to many in their retirement. The first monthly check was issued to Ida Mae Fuller of Ludlow, Vt. back in 1940. Her first check was $22.54, and she lived to age 100 passing away in 1975. Over her 35 years…
How a Late-Career Layoff Impacts Social Security & Other Retirement Benefits
Losing a job when you’re in your 50s or 60s can have serious ramifications for your long-term retirement success – on many fronts. Here’s how, and what steps you can take to help reduce the impact a late career layoff can have on your future retirement income. For one, losing your job later in life may hinder your…
Can my Social Security Benefits be Garnished?
Unfortunately, the answer is yes, and you might be surprised by one of the reasons why – unpaid student debt. A recent report, “Snapshot of Older Consumers and Student Loan Debt” by the Consumer Financial Protection Bureau, sounds the alarm that delinquencies for unpaid student loans are on the rise: “The number of consumers age 60 and…
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