Tag: Social Security
Financial advisers often encourage older workers to delay signing up for their Social Security as long as possible to maximize their monthly income. But several of our blog’s readers point out, rightly, that this isn’t always possible for people in physically taxing jobs. Blue-collar workers are in a real Catch-22, caught between the unforgiving financia…
Consider the myriad reasons Black Americans get 19 percent less from Social Security during their retirement years than White retirees. Inequities in the labor market limit their job opportunities and earnings, which are the basis for determining how much they will get in their Social Security checks. Poorer health or the demands of caring for…