When it comes to planning for retirement, there is no one-size-fits-all option. While the retirement goal of being able to live comfortably during your golden years may be the same for men and women, the path to reach that goal can be very different. There are many issues that women need to account for; that…
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Are Social Security FICA Taxes Really Retirement Plan Contributions?
Many Americans tend to think of Social Security the same way they think a bout retirement plan contributions. This is understandable, given that we pay FICA taxes with each paycheck, with the expectation that there will be Social Security income waiting for us once we hit retirement. It feels remarkably like the way you set…
Your Social Security Statement Is No Longer In The Mail
On Monday, January 9, 2017, the Social Security Administration announced that due to budget constraints it would stop mailing paper Social Security Statements to most American workers for the second time in the last six years. “Only people 60 or older who have not yet established an online my Social Security account with the agency and who are not…
Planning For Retirement Is About More Than Money
In my nearly 30 years helping people with their retirement planning, I haven’t met many, maybe none at all actually, that don’t know how important it is to plan ahead and save all they can for their future retirement years. Most also have a good sense as to how much they have in their retirement…
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