How much do you need to save for retirement? You can get an idea by using any of the dozens of retirement calculator tools offered free on the Internet. But a recent study by actuarial experts on retirement forecasting shows that many popular calculators have serious flaws. These problems could lead to serious miscalculations when [...] [read full article…]
The co-chairs of President Obama’s National Commission on Fiscal Responsibility and Reform appeared on Fox News on Sunday to talk about the work they embark on tomorrow, when the commission’s first meeting will be held. Retired Senator Alan Simpson (R-Utah) offered some typically frank talk on the future of Social Security that largely underscores what [...] [read full article…]
Con artists are swindling unsuspecting consumers into buying bogus health insurance products promoted as being related to the new health care law, according to The New York Times. Insurance regulators in Illinois, Kansas and Alabama report telemarketing scams offering fake products such as Obamacare insurance or “government health care reform insurance.” Many of the scams [...] [read full article…]
Is Wall Street getting ready to come after your Social Security? Two big summit meetings will be held in Washington next week to discuss ways of reducing the federal deficit. The first will be President Obama’s National Commission on Fiscal Responsibility and Reform, which holds its first meeting on April 27. The next day, Wall [...] [read full article…]
Money Magazine featured RetirementRevised.com in its annual feature, 100 Best Money Moves You Can Make, published in the magazine’s new May, 2010 edition. Money’s annual guide features the best stocks and funds, credit cards, career moves and retirement strategies. The magazine’s editors wrote that RetirementRevised.com “offers everything from health care news to Social Security guidance [...] [read full article…]