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The Department of Labor's pending regulation concerning financial planners who handle retirement accounts has caused some concern that popular media figures like Dave Ramsey might be censored. Elder law advocates have long been concerned that people who receive bad or self-interested advice from financial and retirement planners have little, practical recourse. If someone follows bad […]
Tag Archives: Retirement
Social Security is designed to be a pension system that replaces income when people retire. However, it is not designed to be a full pension that replaces your entire income. It is therefore important to know what percentage of your current monthly income you will receive in monthly Social Security benefits after retirement. Social Security […]
It is no secret that many millennials are beginning their careers with large amounts of debt. Many of them are making the mistake of waiting to save for retirement until their debts are paid off. Before they even start their professional lives many in the millennial generation are saddled with student loan and credit card […]
The number of Americans living to see their 100th birthday is on the rise. It is not easy to pay for that many years of retirement. According to the Center for Disease Control and Prevention, the number of Americans who lived to be 100 years old increased by 44% between 2000 and 2014. Nevertheless, the […]