Medicare enrollment: Timing, costs and common mistakes

Medicare enrollment: Timing, costs and common mistakes

As you might guess, I get plenty of questions from family, friends and readers about how to sign up for Medicare. In these conversations, I’m always struck by the complexity of the Medicare program – and the challenging task of transitioning to it from other...
Social Security is on the ballot this fall – or, it should be

Social Security is on the ballot this fall – or, it should be

The Social Security trustees issued their annual report this week on the program’s financial health. They continue to project depletion of the combined retirement and disability trust funds (OASDI) in 2034, although some underlying factors in the numbers continue to...
A closer look at Trump’s retirement saving plan

A closer look at Trump’s retirement saving plan

Donald Trump has signed more than 250 executive orders during his second term as president, so you could be forgiven if you missed the one that aims to fix the biggest problem with the US retirement savings system: the coverage gap. Only about half of private-sector...
Seven numbers shaping the retirement landscape in the new year

Seven numbers shaping the retirement landscape in the new year

More people are saving for retirement than ever before – and they’re saving more. But health care costs in retirement are soaring, and and poverty rates among older Americans are rising for the first time in decades. The competing trends sum up the state of...
Social Security Disability Insurance is at a crossroads

Social Security Disability Insurance is at a crossroads

Many older Americans have a simple plan for paying for retirement: keep working longer, or never stop working at all. But for a large share of workers, that plan falls apart. About 40% of people who are employed end up leaving their jobs earlier than expected, often...