Archive | Retirement

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Trustees report: Social Security, Medicare hitting rocky road

The trust fund that supports Medicare is now projected to run out of money in 2028, two years earlier than projected last year.

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Why people avoid long-term care planning

Demand for long-term care is expected to increase as the nation ages, but the majority of Americans 40 and older lack confidence in their ability to pay for it.

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Why Social Security faces a certain crisis

In February, polling data revealed that questions surrounding the long-term financial stability of Social Security have pushed the program ahead of joblessness as the top economic concern of the voting public.

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Money

Many taking Social Security before full retirement age

Taking Social Security benefits early comes with a price, yet more than 4 in 10 Americans who are 50 and over say they’ll dip into the program before reaching full retirement age.

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Americans have unequal access to retirement plans

It’s an issue of growing importance on a local level as governments consider how they can help out. Not doing so could mean facing a population unable to take care of itself in the future.

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GOP blocks stricter rules on retirement savings

The regulations are aimed at blocking financial advisers from steering clients toward investments with higher commissions and fees that can eat away at retirement savings.

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