Tag: Social Security benefits
People often ask how well prepared for retirement are current workers compared to their parents. One way to answer that question is to look at the ratio of wealth to income over time from the Survey of Consumer Finances (SCF), which is conducted by the Federal Reserve every three years. The notion is that t…
Abstract Research suggests that 0.3 percent of all adults have been appointed a legal guardian. While the requirements for being placed into guardianship can vary from state to state, a lack of decision-making capacity is a precondition. As a result, one would expect Social Security beneficiaries who have a guardian to also have their guardian…
