Mandatory retirement

Social services should be cut regardless of the status of our national debt. Social services are a form of socialism, are inefficient, and are one of the many ways in which the government massively oversteps it's jurisdictions. Even if our debt was $0.00, government provided social services should be completely deleted, permanently. Although many try to deny the facts, some left-wing politicians have admitted that social services constitute a form of socialism, and are a stepping stone to…

Social insurance are programs that are funded by the payroll taxes. Public assistance programs are funded by the government and include anything that assists the health, public, and education. Both social insurance programs and public assistance programs are made to help the needy. One social insurance program would be Medicare, it is for people that are sixty-five and up who have not claimed their social security benefits. It is also for people who have kidney failure and people who have…

Worldwide, there are masses of elderly people living either in assisted living or in nursing homes. By the vast number of care types and styles of the living community, it is very easy to feel over whelmed with so many available options. If you have any seeding involvement for you independent elders for their security and health, it will be the moment to begin seeking toward assisted living or nursing home opportunities. Although the accommodation may be heartrending, knowing that the elderly…

How to Avoid a Financially Hard Retirement Retirement is supposed to be the golden years for every senior. However, for many seniors, retirement can be stressful because they have a decreased income and the same financial responsibilities. One of the best ways for seniors to make their retirement years what they’ve always dreamed of is to avoid these financial setbacks. Remaining in the Family Home with a Mortgage Although many seniors love and cherish the home their children grew up in, a…

Aging is an important aspect of life and planning must be done to ensure that as we age that we have the support and resources available that we need to be taken care of properly. Families have different situations that have to be address as a person in their family reaches old age. Family decisions should be made that keep the care and wellbeing of the older members of the family as the primary concern. Not all decisions are going to be the same for all families and each individual situation…

little more than $100,000 in retirement savings. Can we conclude that a lots of Americans facing a retirement crisis? Will that affect the standard of living in later life? The article “Is There Really a Retirement-Savings Crisis?” by Anne Tergesen, discusses the different opinions about this dilemma. The Wall Street Journal invited two famous economists to share their thoughts regarding this question: Alicia Munell- the director of Boston College’s Center for Retirement Research, and Andrew…

Social Security disability benefits can be a great help to anyone who has a serious illness or injury can cannot work because of it. However, even if you consider yourself to be disabled, there is no guarantee that your disability claim will be approved. Here is some important information to know about how to increase your chances of having your claim approved. Disability Approval Rate Currently the approval rate for Social Security Disability (SSD) benefits is approximately 33%. However,…

I thought this was an interesting video. I feel that we often do not think about retirement since it is so far off for many of us. Furthermore, I think that it made me realize that I need to really look at how I am currently investing my money and pay closer attention to it. I was stunned by the statement by Professor Teresa Ghilarducci, “The 401 (k) is one of the only products that Americans buy they don’t know the price of it.” Furthermore Ghilarducci went on to state, “It’s also one of the…

with the American public and those perceptions define as the program is viewed in the halls of Congress. Main Body Social Security in the United States is a form of old age insurances that help individuals over the age of 65 stay out of poverty in retirement. Social Security is funded through…

With more than $2 trillion stashed away for Social Security, you want to be sure you’re getting the most benefits from this popular retirement fund program. The money management professionals at Sullivan & Company in Bethesda, MD, specialize in helping their clients build and grow their retirement plans for the long term. Here are a few tips to keep in mind before collecting Social Security payments: • Consider Life Expectancy: The average time you’re expected to live can help determine when it…