by Daniel White | Jul 17, 2023 | Economy
July 17, 2023 We know the Federal Reserve has been raising interest rates to get inflation under control. One result of these efforts is that many older Americans are unretiring due to inflation and worsening financial positions. According to a recent survey by...
by Daniel White | May 15, 2023 | Economy
May 15, 2023 There’s a retirement problem in America. That is, not enough people are adequately preparing for life after they stop working. Credit Karma did a survey recently that found almost 20% of Americans aged 59 and up have no retirement accounts. Even worse,...
by Daniel White | May 8, 2023 | Economy
May 08, 2023 Congress may increase the full Social Security retirement age to 70. What are the implications? When the retirement age was lifted in France, citizens protested. It remains to be seen whether that will happen here, but something must give because...
by Daniel White | May 1, 2023 | Economy
May 01, 2023 In March the latest report on the financial health of the Social Security system was released. It’s officially called “The 2023 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance...
by Daniel White | Mar 20, 2023 | Economy
March 20, 2023 Many Americans are living longer than expected. But there’s a difference between how long you’re likely to live, and the probability of living much longer. And if you’re unprepared, it can lead to financial regret. Sometimes people claim Social Security...
