The Social Security filing rules are complex, and many of us make decisions about when to claim benefits that cost us dearly in lost lifetime benefits. This is a big problem, since the lifetime value of Social Security benefits significantly overshadows other sources...
Healthcare costs are rising at several times the rate of general inflation, and it’s one of the major financial challenges that retirees face as they struggle to maintain their standard of living. Nowhere is this more clear than in the annual interplay between the...
This week on the podcast, I examine Democratic presidential candidate Joe Biden’s plan to reform Social Security, with the help of economist Richard Johnson of the Urban Institute. Rich is the co-author of a new Urban Institute report on Biden’s plans for both Social...
The recession is likely to prompt more people to claim Social Security early if they are forced to retire sooner than expected. But what else influences claiming decisions? My guest on the podcast this week is Shai Akabas, director of economic policy at the the...
This week on the podcast, we consider this startling question: What would happen to Social Security if we eliminate its funding? That’s the question I’m asking myself following Donald Trump’s presidential memorandum last weekend ordering the deferral through year-end...
