Matthew Romeo, CFP, AIF, is chief operating officer/wealth advisor with Everhart Advisors. Having joined the firm in 1999, hes a partner, registered principal, registered representative, and acting OSJ designee. As part of Everhart Advisors dedicated retirement plan service team, Romeo serves as ...
Deciding when to take your retirement benefit can impact your financial future. Options range from takingearly retirementbenefits to waiting until full retirement age. Let's explore the various aspects of the Social Security retirement age. We'll also provide insights to help you make informed decis...
PART 1: GETTING STARTED WITH SOCIAL SECURITY What Social Security Is and Why You Need It A Breakdown of Benefits Deciding When to Start Collecting Retirement Benefits Protecting Your Number and Securing Your Card PART 2: TAKING THE PLUNGE: FILING FOR SOCIAL SECURITY ...
The original 37-page Social Security Act was signed into law in August 1935 by President Franklin Roosevelt. The act was enacted after the Great Depression as a way to protect US citizens from the financial risks of modern life, such as disability, retirement, unemployment, poverty, and the d...
the COLA does not accurately reflect the expenses of seniors, particularly when it comes to healthcare costs, which have been known to outpace general inflation. This debate raises an important question: Are we doing enough to ensure that our seniors are genuinely supported during their retirement...
The future of the United States' social welfare commitments, including retirement and disability payments, unemployment insurance, Medicare and Medicaid, and the State Child Health Insurance Program, poses urgent questions as social and demographic change in the country accelerates. Yet even many social...
most surviving spouses realize only later that their benefit is also affected. A surviving spouse at full retirement age generally qualifies for 100 percent of what their deceased spouse had been receiving. So if the husband opts to access his Social Security benefits early, upon his death, the...
According to the Social Security Administration, about 1 out of 3 65-year-olds today will live until at least age 90 and 1 out of 7 will live until at least age 95. Risk Factor: Inflation The longer your time in retirement, the greater the potential that inflation may erode your ...
Also, for those who can handle it financially, it's a great economic strategy to take retirement benefits late, as late as age 70. Additionally, nonworking spouses, even those who have never had an income, are eligible for Social Security benefits. ...
Economic security around retirement age may be an important determinant of psychological and cognitive well-being of older adults. This study e... H Amar,DJ Beam - 《Journals of Gerontology》 被引量: 13发表: 2014年 Housing Wealth, Psychological Well-being, and Cognitive Functioning of Older ...