Social Security Benefits to Rise 1.6% in 2020
Social Security is a big part of retirement income planning for employees.
Tag: Social Security
Illustrative Stories Can Help With Understanding Retirement Income Choices
Whether by video or written text, researchers found a short story significantly improved test scores about annuities and Social Security claiming.
LifeYield Offers Social Security Advantage through Allianz
Financial professionals who do business with Allianz can soon provide information surrounding what may be optimal timing to take Social Security benefits, as well as how to file...
Health Care Will Cost a 65-Year-Old-Couple $396K Over Their Lifetimes
This is assuming their health is average, according to Milliman.
A Crash Course in Social Security Maximization
Cost of living increases, claiming age, marital status and work history all complicate Social Security claiming strategies.
Bill Reintroduced to Create Federal Retirement Commission
The Federal Retirement Commission would conduct a comprehensive review of private benefit programs in the U.S., with an eye toward strengthening them.
Many Retirees Wish They Had Delayed Taking Social Security Benefits
MassMutual says a married couple that lives into their 90s but decides to begin their Social Security benefits at age 62 as opposed to age 70 could be...
Pre-Retirees Overestimate Social Security Benefits by 28%
Just over one-quarter of adults think they can live comfortably on Social Security alone, according to a survey by the Nationwide Retirement Institute.
Insights Into How to Better Communicate Lifetime Income
A professor at the UCLA Anderson School of Management discussed biases that must be considered when helping people make retirement income decisions.
Wells Fargo Suggests Generational Approaches to Retirement Saving
Because people are living longer, healthier lives, the Wells Fargo Investment Institute has suggested different ways that Millennials, Generation X and Baby Boomers can successfully save for retirement.
Majority of Americans Think They Are on Track for a Secure Retirement
However, they are worried about health care costs.
Data Points
Resolved: Promote Financial Ed
Educating on saving and budgeting next year could fulfill an employee desire
Many Retirees Spending More Than They Expected
However, retirees spend 32% less than non-retirees.
IRI Publishes Retirement Income Education for Participants
The documents are FINRA reviewed and focus on the topics of maximizing Social Security and tapping into common sources of sustainable retirement income.
Strategies to Maximize Social Security and Medicare
When to start taking Social Security is one of the most important, and complicated, financial decisions a person can make.
AARP Tackles Social Security Misinformation
As retirees drawing Social Security income look forward to a modest increase in benefits scheduled for 2019, AARP has published a list of common Social Security misconceptions.
RetireReady Solutions Adds Income Feature to its Software
The Retirement Analysis Kit now includes a "bucket strategy."
Pre-retirees Say Social Security and Pensions Will Not Fund Retirement
Instead, workers will source funding from their 401(k), IRA or other savings vehicles.
Guaranteed Income, Shoring Up Social Security Suggestions for Improving U.S. Retirement System
This year, the U.S. scored a 58.8 overall in the Melbourne Mercer Global Pension Index, up from 57.8 in 2017.says the slight increase in the U.S.’s score was...