Strikes and protests in France over recent months at times brought the country to a standstill. The reason? The government under President Macron increased the retirement age from 62 to 64. The U.S. had a similar wave of protest in 2011 when Speaker Paul Ryan...
If you are in your 50s or 60s, you may have reacted with concern to the numerous recent news reports about the August 31, 2021, annual report from the Social Security Board of Trustees on the long-term financial status of the Old-Age and Survivors Insurance and...
In two recent columns, I discussed two reasons not to worry about the possibility of “defunding” Social Security. First was the unlikelihood of Congress and the President ending Social Security payroll taxes. Second was the option for Congress to fund...
Last week I pointed out the strong improbability of Social Security failing despite President Trump’s promise to support eliminating the payroll taxes that fund it. Accomplishing this would require not only his reelection, but also Republicans retaining control...
Watch this video on YouTube When you retire, where will your money come from? The list is fairly short: Social Security, a pension, working, your assets, children, or public assistance. According to an April 22, 2019 Bloomberg article by Suzanne Woolley, entitled...
