6 Types of Insurance You Should Have After Retirement: Retirement is a game-changer in how you'll decide to spend and save your money. You're transitioning from receiving a steady paycheck from your employer to spending the savings you've built up over the years. The last thing anyone wants is more bills to pay when they're living on a fixed income. That said, insurance is … [Read more...] about 6 Types of Insurance You Should Have After Retirement
Social Security
What is the Difference Between Social Security, SSDI and SSI?
You may be wondering if social security retirement benefits, social security disability insurance (SSDI) and supplemental security income (SSI) are the same. They are actually 3 completely separate programs that provide funding for different situations. While the Social Security Administration (SSA) oversees all 3 programs, the key difference between them is based on who … [Read more...] about What is the Difference Between Social Security, SSDI and SSI?
Social Security Vulnerability – How Serious are the Issues?
The facts and figures associated with Social Security funding are stark – Social Security is running out of money. Lack of proper funding for aging demographics has created a capital imbalance which must be addressed. Today’s 56 million recipients currently receive $3 in benefits for every dollar they paid into the system. By 2034, it is expected that payments will be reduced … [Read more...] about Social Security Vulnerability – How Serious are the Issues?