Is Social Security going broke…probably not and you can thank a Baby Boomer

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement.

The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too.

To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow.

So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Flying under the radar when it comes to retirement is how the rules have been changed over the course of the last 10 to 12 years and because of these rules, the Baby Boomers that are in and heading towards retirement may, to their detriment, actually save Social Security for everyone else that will follow them.

Unfortunately for them there will also be a large strain placed on their financial plans moving forward and quite possibly a chance that the wealth transfer that is often mentioned will be wiped out as well. And yes, we can thank the glorious financial industry for turning two blind eyes to federal law.

Starting in 1993, under a simple change to the Program Operations Manual System of Social Security it was ruled that in order to receive Social Security a person must also accept Medicare Part A or forfeit all benefits of Social Security.

Meaning that those in and heading to retirement must, once eligible and accepting Social Security, accept Part A of Medicare in order to keep receiving Social Security.

Once Part A is accepted and there is no longer any credible insurance from an employer then a retiree must also enroll into Parts B & D of Medicare or face late enrollment penalties too and, unfortunately, these late enrollment penalties are concurrent, total the length of time late and follow for the entirety of a retiree’s life, by the way.

The other change to retirement that is creating for a windfall for Social Security is the fact that Medicare is also being means tested for Parts B & D. Meaning the more income you earn the more you will pay for this coverage.

This may be the specific reason why, in 2007, the Congressional Budget Office released the below graph detailing the impact that Medicare/Medicaid, Social Security and the Budget would have on the overall US Economy.

Impact of Medicare

See anything in particular; do you see how Social Security levels off after, about 2029, even in the face of the rhetoric that it should open wide like a funnel?

One possible reason to why this 2007 chart from the CBO depicted Social Security as leveling off in the future and not becoming a burden to the economy might just be due to the fact that 2007 was the first year that Medicare was actually means tested.

It could be just some strange coincidence or it could be that the CBO was really trying to tell us something, which just may be:

1) With the implementation of means testing for Medicare and the rules that state how healthcare is to be serviced the actual amount that Social Security will be obligated to pay out in benefits verse what is expected to be paid out in benefits will be different by quite a lot.

2) Because of this means testing the odds of Social Security going broke is low.

With Medicare inflating at 6.5%, at the lowest rate reported by the government, and Social Security’s cost of living adjustments (COLA’s) only expected to be at a maximum of 2.8% annually for the foreseeable future it is only a matter of time and simple math to realize that the government’s obligation of providing Social Security benefits will be lowered drastically, all at the expense of those in and heading to retirement.

On the surface it would appear that the deck is stacked against Social Security, but due to these simple rule changes the end is most likely not as near as the media would like to report it is and judging by what the CBO actually told us back in 2007 the end is probably nowhere in sight too.

But even though the end may be nowhere in sight it still does not mean that you will receive your Social Security benefit anyway or at least the amount of Social Security you have been told you would get.

Because of these health costs and these rules the amount of Social Security benefits that a majority of retirees have and will continue to rely on will, when it comes to actual take home income, either be level for the remainder of retirement, decreasing throughout retirement or even possibly vanishing all together.

The reason, simply put, healthcare, the one thing no one is planning for is inflating at 3 times the rate of any cost of living adjustment given by Social Security and to make matters worse, the Hold Harmless Act will only protect people from Part B increases, not Part D increases so the protection is limited at best.

By the way, for those with high incomes as defined by Medicare, there is no Hold Harmless protection. If Medicare premiums go up by more than your Social Security COLA increase then so be it, your Social Security benefit will decrease.

Those that placed their savings in tax deferred accounts will see the impact when the age of 70.5 rolls around and you have to take your required minimum distribution.

This RMD, unless in a Roth, will be considered income by Medicare and will be used to determine if you have to pay even more for your healthcare. The more of it you have the less Social Security will receive, thus saving Social Security for everyone else.

The time to create another form of guaranteed income, one that is not recognized as income by the IRS and/or Medicare is NOW, because what you don’t know about retirement will hurt you!

Tags: , , , , , ,

Related posts

That Traditional 401(k) is bad for your health

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Impact of Medicare’s IRMAA. Not all income is created equal

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Tax Deferral Today Equals 3 Taxes Tomorrow

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

2019 Medicare Board of Trustees Report

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

You need an Annuity: the reason federal regulations

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

You may be better off smoking than investing into a Traditional IRA or 401(k)

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Retiree healthcare costs = $360,000

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Ken Fisher is wrong about Annuities – federal regulations are the reason

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

4 conversations that must take place with your financial advisor

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Income in retirement is not what you think when your health is on the line

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

US News – 6 Ways to Protect Your Pocketbook From Sky-High Medical Bills

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Looking at Reverse Mortgages? You may want to

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Financial Advisor Magazine – Four Rule Changes To Keep In Mind When Planning For Retirement

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

CNBC Feature – Medical costs take big bite out of Social Security benefits

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Financial Advisor Magazine – Social Security Is Not Going Broke

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

CNBC “Are health-care costs really ‘just’ $245K in retirement?”

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Fidelity Investments $245,000 health care cost estimate is less than truthful and they know it

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Medicare’s 51.8% Part B premium will crush every state’s budget

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Social Security benefits may be going down for just about everybody.

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Planning for healthcare in retirement – some pros & cons of investment products

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Save Social Security??? Then increase the benefits for everyone!

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Another Debt Crisis could mean more to the U.S. Postal Service and Retirees

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Immigration…Can it and should it last?

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Sex changes in prisons, not the only high health costs tax payers will face

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

And the Regulations will be Televised

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Is it misinformation or something more sinister?

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

The Debt Crists: what it really means

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Money for nothing and your healthcare for free…I want my subsidies

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Women, Retirement and Long Term Care

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

2015 Federal Budget calls for $62 billion from retirees to help fund the country

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Think you will never go in nursing home? You’re probably right, but for all the wrong reasons.

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

That Traditional 401(k) is bad for your health

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Another way to look at Amnesty that may impact your health care in retirement

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

4 reasons why you need life insurance that no financial firm will tell you

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

5 Reasons why you need an Annuity that the Motley Fool will never tell you

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Predicting health care costs???

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Women in Nursing Homes there can be choices

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Merrill Lynch survey – top retirement concern is health care costs

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Death Panels – it looks like they are back

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Interview with Scott Halliwell of USAA

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Health Care Costs in Retirement, how much are they going to be really?

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Where health costs may be headed

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Social Security Planning may be hazardous to your health

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Life Insurance firms selling at Wal-Mart????

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

401(k): Which should you pick Traditional or Roth? You will be surprised

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

From the Fiduciary Rule to the myRA to the Government regulating Employer Retirement Plans

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Planning for Social Security? Don’t forget about the Government guidelines

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Your retirement savings may just already be nationalized by the government

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

The rules of retirement have changed and what you don’t know will hurt you!

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

February 2018: A possible wake-up call for financial planning.

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

The forgotten 3rd Guarantee in life to death & taxes – health costs

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Webinar – Do We Really Know What Retirement Is?

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

President Obama’s myRA. A brilliant idea.

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Financial Planning maybe flawed when considering the hard truths

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

The impact of your healthcare on your Social Security

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

National Retirement Week (NAFA) Webinar – What your clients don’t know will hurt them.

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Should you plan for the cost of your healthcare – your Social Security benefit may depend on it

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Fidelity Investments’ $220,000 Healthcare Number, is it right

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

I saw this on NBC News last night…a Fair warning about Medicare

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

H&R Block “Get your Billion back” is missing the larger lost opportunity: The Medical Expense Deduction or $100 Billion lost

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Rising interest rates and your state & local governments

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Long-Term Care, the 5 year look back & Medicaid – Things may have changed for your children

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Planning for your parents retirement…you should be!

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Why Health Insurers are canceling health plans due to Obamacare

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Divorce Settlements and Medicare – by Robert Klein

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Something your financial advisor won’t tell you: your Social Security benefit will be lower than you think.

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

California driver’s license for illegal immigrants = health costs

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Medical Expense Deduction: “The lost opportunity in retirement”

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

While you are looking at Obamacare, something else just happened to your retirement

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

Mind Share: How Fidelity created it by marketing to its own competition

There is a lot of conversation in the news lately about Social Security becoming insolvent as the Baby Boomers head towards retirement. The logic make sense, there is a disproportionate amount of people heading towards retirement, who will be accessing the benefits provided by Social Security while having far fewer people funding the same benefits too. To complicate matters even further, the trust fund that was created at the onset of Social Security has been depleted over the years by politicians who decided to fund their own pet projects with the money that was deposited in it, instead of letting that money grow. So, the outlook does appear to be ominous at best especially with too many people taking, not enough people putting in and the government taking whenever possible, but even with all of this happening the rhetoric and the worry may be all for naught and the reason is very simple…your healthcare.

3 comments

Leave a Comment

Leave a Reply

Your email address will not be published.




Top