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The average payout could drop to $1,580 per month after 2034 -- a 19% drop from the current average retirement payout.
I really appreciate your column and the advice you provide. I have been considering "retiring" early to have more time with my husband during our younger years. We were both married for more than 20 ...
The proposal to raise the full retirement age is not yet law, but its implications are already causing reflection among those ...
Many current and future retirees have pretty serious concerns about the future of Social Security. Some studies suggest close ...
If you have at least 35 years of earnings at or above the threshold, you may be in line for the maximum possible benefit in ...
What's clear, though, is there are advantages and disadvantages in regards to when is the ideal time to take Social Security ...
You have a choice when it comes to signing up for Social Security. You can begin collecting benefits at any point starting at ...
The majority of Social Security recipients do not pay state taxes on their retirement income. As it stands, only nine states ...
When couples have different philosophies about saving and spending, keeping the other person in the dark about assets is ...
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The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
The Social Security trust fund will become unable to pay scheduled benefits to retirees and the disabled as soon as 2034, new ...