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Cheerful senior man at home looking at his mail

IB_12-9 (508) The brief’s key findings are: Social Security’s 75-year deficit is significantly higher than last year’s projection: 2.67 percent of payroll versus 2.22 percent of payroll. This increase reflects the slow recovery from the recession and rising disability rolls, among other factors. The bottom line remains the same: Social Security faces a real, but…

Senior couple and tecnologies

Abstract Financial advice tends to focus on financial assets, but other levers may be more important for most households. This paper proceeds in three stages. The first section reports a simple Excel spreadsheet exercise that provides a stylized example of the tradeoff between returns and time spent in the labor force. The second section uses…