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Social Security Depletion Coming Sooner Than Expected
Friday, May 15, 2015 - 1:49pm | 917Read More...While it comes as no surprise that the health of Social Security as we currently know it is less than ideal, the publicized estimates of when Social Security funds will run out are "grossly overestimated," said Baton Investing's Jim Shahen, referencing recent Dartmouth and Harvard...
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Should You Still Save Once You Start Receiving Social Security And Pension Money?
Friday, October 3, 2014 - 12:39pm | 735Read More...It all depends on your understanding of saving, but in short: yes. You should always keep an eye on your finances, regardless of where you are on your financial journey. Retirement is no time to lose track of your portfolio. Just because you are not receiving a regular paycheck does not mean...
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Barron's Recap: The Tech Bust
Monday, April 14, 2014 - 6:35am | 873Read More...This weekend in Barron's online: why the tech bust should be no surprise, a special report on retirement, as well as the prospects for Caesars Entertainment, Lands' End, 3D printers and more. Cover Story "The Highfliers Are Still Too High" by Andrew Bary. Though Internet and biotech stocks are...
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Do Retirees Need Life Insurance?
Wednesday, March 19, 2014 - 1:07pm | 1231Read More...“If you owe somebody or love somebody, the answer is ‘Yes.’” Marvin Feldman, President and CEO of nonprofit insurance education organization, Life Happens, provided that simple, all-inclusive answer to Benzinga’s question recently as part of a wide-ranging discussion on the subject of retirees...
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10 Things Most People Don't Know About The Debt Ceiling
Thursday, February 13, 2014 - 4:41pm | 1082Read More...With the Senate's recent approval of the House-passed clean debt limit legislation, now might be a good time to define the debt ceiling (aka “debt limit”). The U.S. Treasury defines the debt limit as “the total amount of money that the United States government is authorized to borrow to meet...
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Alan Greenspan: Fear Drives the Markets
Wednesday, October 23, 2013 - 10:11am | 540Read More...On the way to completing his new book, The Map and the Territory, Risk, Human Nature, and the Future of Forecasting, former Federal Reserve Chairman, Alan Greenspan had an epiphany. The epiphany, which Greenspan told The Wall Street Journal, “Upended my view of how the world works,” mostly...
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The Pending U.S. Government Shutdown: What Does It Mean For You?
Monday, September 30, 2013 - 10:42am | 711Read More...The nation is facing a potential government shutdown for the first time since 1995. If the House and Senate cannot agree on a spending bill by midnight Monday, a shutdown seems likely. Here are some basic questions (and answers) related to a government shutdown: When would the shutdown begin...
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The Sequester Isn't the Real Fiscal Crisis, But This Is
Monday, February 25, 2013 - 10:21am | 587Read More...With the deadline approaching for Congress to avert the looming sequester, the markets seem to be shrugging their shoulders at the situation. If lawmakers cannot reach a deal, severe cuts to the federal budget will come into effect starting March 1st. Wall Street's indifference is well deserved...
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Atlanta Fed Tackles Falling Labor Force Participation
Monday, August 6, 2012 - 2:23pm | 508Read More...Since the late 1990s, the labor force participation rate has been steadily declining. However, since 2008, this rate of decline has accelerated. The Atlanta Fed published a drat paper on Monday analyzing these trends and trying to discover the root causes of the decline in the labor force...
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A Comfortable Retirement is a Thing of the Past
Tuesday, April 24, 2012 - 11:16am | 517Read More...There was a time when people would work for the same company for their whole life, all the while paying into the social security program, then retire and think of nothing else but traveling in that RV that they saved for. Just ask your folks. If they were smart, they paid into their own private...
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Bernanke Tells Congress It Needs Better Forward Planning
Wednesday, February 29, 2012 - 1:05pm | 252Read More...During Federal Reserve Chairman Ben Bernanke testimony today before Congress, Republican Congressman Spencer Bachus and Democrat Congressman Barney Frank engaged in a debate over what would be the best way to solve America's growing deficit problem. Congressman Bachus said that the most important...
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How to Profit From Gingrich Call For Social Security Opt Out
Tuesday, November 22, 2011 - 9:56am | 344Read More...Financial sector stocks could be given a boost if Republican presidential contender Newt Gingrich gets his way. The former House speaker, who has been rising in the polls, says that he wants to allow Americans to opt out of the Social Security system and place funds into personally managed...
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Social Security For The Young
Tuesday, October 4, 2011 - 10:01am | 2744Read More...by Dale Coberly Social Security For The Young Intelligence Squared U.S. ( www.intelligencesquared.org ) is sponsoring an Oxford-style debate Tuesday evening in Manhattan. The program is entitled "Grandma's Benefits Imperil Junior's Future" The resolution: "Commitments made to seniors decades...
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The Road to Serfdom!!
Friday, September 30, 2011 - 9:44am | 523Read More...Brad DeLong points us to a post from The Nation on early Koch brothers and Hayek The Road to Serfdom!! Yasha Levine and Mark Ames: Charles Koch to Friedrich Hayek: Use Social Security!: [I]n early June 1973, weeks after [Charles] Koch was appointed president of the Institute for Humane Studies....
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More on Social Security
Tuesday, September 27, 2011 - 3:22pm | 421Read More...GMU economist Walter E. Williams discusses Social Security: "During the recent GOP presidential debate, Texas Gov. Rick Perry said that Social Security is a "monstrous lie" and a "Ponzi scheme." More and more people are coming to see that Social Security is a Ponzi scheme, but is it a lie,...









