18
October

When the Social Security Act started in 1935, many didn’t expect that people would be living longer and drawing on Social Security for longer and longer periods of time. What you’ve heard about Social Security is absolutely true. There is no money in social security. In 1965, Lyndon B. Johnson put the Social Security fund into the General Trust fund, so there hasn’t been money in there for over 45 years. But what happens if the tax liability becomes so great that the government cannot afford to pay the Social Security that’s in the general fund?

30
September

The time to begin saving for retirement is while you are young. Though retirement may seem light years away, it will come sooner than you expect and if you are unprepared, you will not be able to enjoy it the way you want. Let’s consider a couple ways to plan for your retirement.

27
September

When the economy as bad as it has been, making money seems daunting enough. It is that much harder to save money. However, it does not matter if you are a couple of years away from retirement or a couple of decades away. Retirement planning is essential. You will not be able to rely on social security much longer if at all, so investment planning is the key to a successful retirement.

23
September

Preparing for retirement is very important especially if you want to have a constant income when you stop working. It is desirable to continue with the same standard of living after you retire as you had while you were still working. There are different types of retirement plans and all of them vary greatly in terms of the benefits that they provide. Therefore, you need to learn more about each and decide which type of retirement plan best suits your needs.

With the frightening volatility in the markets the last several years, many investors planning for their retirement have become spooked. They have watched in horror as their hard earned retirement investments have plummeted as much as fifty percent in a single year. A way to save and plan for retirement that contains guarantees against principal loss is called an annuity. They are several types of these annuities that help individuals prepare for the best path towards their particular retirement.