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.
Tag Archives | social security
The massive computer hack of Equifax, one of the three largest US credit reporting agencies, exposed the Social Security numbers, names, and contact information for up to 143 million of us. How should you respond? A lot of conflicting advice is floating around; here is what I am doing and what I would recommend:
Congress is about to curtail two little-known, but very useful, benefits of Social Security. These are the ability to file-and-suspend and to file a restricted application. When Paul Ryan proposed we extend the full retirement age for Social Security from age 67 to 69 over a 40-year time period, the media went ballistic. Senior citizen […]
A reader recently forwarded me an email that began, “Who died before they collected Social Security?” It asked how many people only collected a small portion of what they paid into Social Security because they, or a spouse, died soon after retiring. Then it screamed in all caps, “Where Did That Money Go?” The rest […]
To marry or not to marry? This isn’t a decision to make on financial grounds, but the choice certainly has financial consequences. My column a few weeks ago about laws that provide financial incentives not to marry drew a great many comments. The points several commenters made are included in this follow-up. The example I […]