A colleague was looking into doing a project on Social Security’s Disability Insurance (DI) program, so it forced me to take a look. If you listened to conversations on DI, you would get the impression that the problem is out …
Experience may be the best teacher in other walks of life, but not when it comes to retirement investing. In fact, according to a just-released study, experience counts for surprisingly little. When it comes to a working knowledge of finance, …
The American Society on Aging’s (ASA) massive annual conference typically focuses on themes like the health or vitality of older adults. But this year’s On Aging meeting in New Orleans (the group’s first in-person confab in three years) had a …
When Russian President Vladimir Putin launched his war against Ukraine, most observers predicted the conflict would end quickly with a Russian flag flying over Kyiv. Just as projections about the conflict have been exaggerated, so too are those forecasting the …
Dear Moneyist, I went to brunch last weekend and, when the server handed us the bill, she said a 20% service fee was added to cover her benefits and health insurance, but that it was not a tip. I am …
The trend of people, on average, living longer, healthier lives has important implications for the U.S. retirement system, including one of the most vital pieces of it: Social Security. Because of average longevity increases, Social Security funds retirement benefits throughout …
I am a 61-year-old teacher in Missouri who plans to work 3-4 more years before retiring. Depending on what option my husband and I choose from the Public School Retirement System, we should get between $5,200 – $6,000 per month …
Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of my …
The Social Security claiming decision is one of the most complex—and contentious—choices that retirees have to make. I was reminded of that in December, while at a Christmas party. Two former colleagues were discussing their Social Security decision. Both are male, …
Days after workers voted to unionize at an Amazon warehouse in New York City, new federal data show more people want votes on the formation of unions at their own workplaces. The number of petitions for union representation jumped 57% …
Hi, MarketWatchers. Don’t miss these top stories. Disney’s latest Florida attraction: Affordable housing As Orlando rents skyrocket, Disney will hire a developer to build around 1,300 housing units on Walt Disney World’s property. Read More Oil companies say they’re not …
The American Academy of Actuaries — a group of usually sober and sensible people — recently issued a brief making the case for “Raising the Social Security Retirement Age.” Their argument is straightforward. Social Security is running a 75-year …