Tag: Social Security
In our high-tech world, virtually any transaction or communication can be executed online. Yet, despite the range of services that Social Security offers on its website, two-thirds of older Americans thinking about retiring or planning to start up their benefits speak directly to someone at the agency, either by phone or at a field office,…
The baby boomers born in the early 1960s, at the tail end of the demographic wave, had about $280,000 in retirement wealth when they reached their early 50s. That’s significantly less – about $50,000 less – than the late-1950s boomers had at the same age. Some of this shortfall might’ve been anticipated for the youngest…
