Social Security

Social Security 2100

No, the article title is not alluding to some new sci-fi based show about a robot claiming Social Security in the future. Instead, it refers to a surprising piece of legislation – The Social Security 2100 Act (surprising given the ongoing partisan divide in Congress). The bill …is aimed at solving one of the biggest issues facing the government and Americans: the funding shortage for Social Security….

Maximum Benefit

The maximum Social Security benefit for a new retiree in 2018 is north of $33,000 per year at full retirement age and can be even higher for workers who wait. So how much do you need to earn if you want the maximum Social Security benefit when you retire?…

Getting By on the Average

The average household led by a retiree makes $48,000 annually before taxes and spends roughly $46,000 a year. That's according to the Bureau of Labor Statistics' (BLS) measure of the income and outflow of "older households," meaning ones headed by someone 65 or older….