David Lerner Associates : Social Security

David Lerner Associates : Social Security

Preparing for Retirement
The truth is there is no "magic number". How much you need to save for retirement will depend entirely on your spending habits.

Social Security and Divorced Women
For divorced women nearing retirement, time is ticking away and financial readiness is an essential factor to consider. The good news is that although Social Security can be a rather complex matter, divorced women are eligible for a benefit that equals one half of their ex spouse's full retirement amount.

Top Financial Mistakes That Affect Your Retirement
As retirement approaches more and more Baby Boomers are taking stock of their financial decisions along the road to their golden years.

A New Look at the American Dream
Whenever the conversation turns to financial goals and a secure future, certain ideas at the core of The American Dream pop up - save for retirement and own your own home are two of those. However, times have changed economically.

5 Ways to Fix Your Retirement Fund Shortfall
When you hit your 40s or 50s the idea of retirement (which seemed so far off in your 20s) is suddenly right around the corner. If you've reached this age and have not been diligently socking away money for retirement, there are some things you can do to fix the problem.

Women and Men Think Differently About Finances Too
"Women are from Venus, men are from Mars" has become a saying embedded in our vocabulary. It indicates that women and men see things differently and have a different approach to many aspects of their lives. Finances, it appears, is one of these areas.

3 Reasons Not to Fear Retirement
If you are nearing retirement age, you are not alone. Roughly 10,000 Baby Boomers retire every day in America, and that number is set to stay true for the next 19 years. Many people face uncertainties and fears about their own retirement. When it should be a well-deserved rest after a lifetime of hard work, a lack of planning may result in apprehension and stress.

David Lerner Associates: Women Need to be More Hands-On Financially
It's important for everyone to keep tabs on their finances, but it seems that women lag behind men when it comes to taking control and planning for a secure financial future. Women face unique challenges that add up to different financial needs. Prudential's 2014-2015 Research Study, "Financial Experience and Behaviors Among Women," shows that although more women are taking control of household finances, they're no more prepared to meet long-term financial goals than they were a decade ago.

Social Security Retirement Benefit Basics
The first wave of Baby Boomers is already past retirement age, and they're enjoying the benefits of Social Security. For most Americans, Social Security is a major source of retirement income. Here are some basics you'll need to know.

David Lerner Associates: No Social Security COLA Hike in 2016
Retirees who depend on Social Security and Medicare are in for a disappointing year in 2016. There will be no cost of living allowance (COLA) increase next year.

David Lerner Associates: 3 Retirement Saving Tips
Unfortunately, many Americans approaching retirement are not ready and may have to delay retirement, or work part-time, to meet their expenses.

David Lerner Associates: 3 Financial Tips for Seniors
Studies show that the retirement age in America in creeping upward as many seniors choose to keep working longer. The easing of Social Security restrictions on earning income has also contributed to the trend.

Four Things Women Need to Know about Social Security
The very first retirement benefit check was issued in 1940 and since then women have been relying on Social Security to provide much-needed retirement income.

Optimizing Your Social Security Retirement Benefits
Optimizing your Social Security retirement benefits means getting the best return possible on each dollar you've contributed to the system over the years

Retirement Income: The 3-Legged Stool
Retirement income has been described as a "three-legged stool" composed of Social Security, traditional employer pension income and individual savings and investments.

David Lerner Associates: Social Security Survivor's Benefits
Although planning for what happens to your estate and your assets after you die is not something anyone likes to think about, it's a necessary part of one's financial planning.

How Divorce Affects Social Security Retirement Benefits
No matter how carefully one plans for retirement, unexpected events can occur that change the situation. One such challenge is divorce.

Older Americans: How Secure Is Social Security?
Older Americans who are already retired or close to retirement age probably have nothing to worry about - Social Security benefits will likely be paid to them in the amount they planned on (at least that's what most of the politicians say). But what about the rest of us?

David Lerner Associates: How to Resolve Retirement Income Shortfalls
Without prudent planning and a commitment to saving now to make that happen, millions of older Americans find themselves with an income shortfall.

David Lerner Associates: Financial Considerations for Family Caregivers
Caring for your aging parents is not only an emotional burden it may also be a financial one. It will depend on how well off your parents are and how much caring for them costs.

David Lerner Associates: 2015 Social Security and Medicare Figures
The Social Security Administration has announced the new figures that beneficiaries will receive for 2015.

David Lerner Associates: Social Security and Medicare
Many Americans now choose to continue working after age 65. Some do it for financial reasons and others because they just don't feel ready to retire.

David Lerner Associates: The 2014 Social Security Trustees Report
The financial projections in this report indicate that even though the trust fund that finances Medicare's hospital insurance coverage will remain solvent until 2030 (four years beyond last year's projection), steps need to be taken to address Medicare's financial challenges.

David Lerner Associates: Why Certain People Claim Social Security Benefits Early
There are many reasons people decide to claim Social Security retirement benefits at the earliest possible age of 62 according to a recent General Accounting Office report.

David Lerner Associates: Taking Care of Your Aging Parents (Part 3)
The last article in our 3 part series, focuses on the financial aspects of caring for aging parents.

David Lerner Associates: Social Security and Divorce
If you want to qualify for one half of your ex-spouse's Social Security benefits, there are certain requirements which must be met.

David Lerner Associates: Misconceptions and Realities about Social Security
There's no doubt about it, Social Security is an essential source of retirement income for most Americans. More than nine out of ten people age 65 and older obtain Social Security advantages.

David Lerner Associates: Are You Planning to Work During Retirement
As employees near retirement age, more and more plan to work at least some of the time during the course of their retirement years.

David Lerner Associates News: Elder Poverty Is Projected to Rise
The Social Security system "is facing serious financial problems, and action is needed soon to make sure the system will be sound when today's younger workers are ready for retirement."

David Lerner Associates News: 2014 Social Security COLA Is.1.5 Percent
In October the SSA announced that the Social Security Cost-of-Living (COLA) in 2014 will be 1.5 percent, down slightly from the 1.7 percent increase in 2013.

4 Important Retirement Decisions
Some people are extremely disciplined when it comes to saving diligently and investing wisely for retirement throughout their working lives. But the need for discipline and diligence doesn't stop when you actually reach retirement age and enter your golden years.

How Do Changing Interest Rates Affect Retirement?
The ongoing low interest rate environment that the U,S, economy has experienced over the past few years has presented unique challenges for some retirees who are dependent on a stream of interest income from investments to meet their everyday living expenses.

David lerner Associates: How Framing Affects Social Security
Many people do not realize that when it comes to Social Security they have a choice of when to begin receiving their retirement benefits.You don't have to wait until you're 65.

David Lerner Associates: What You Should Know About Social Security Disability
When they hear the term "Social Security," many people think of the federal program that pays retirement benefits to most Americans who have worked during their lives.

David Lerner Associates: Will Social Security Support You In Retirement?
Since it was originally established in 1935 under the administration of Franklin D. Roosevelt, Social Security has undergone a number of revisions that reflect changes in the make-up of American society.

Four Important Retirement Decisions
During the years leading up to and immediately following retirement, retirees and near-retirees have a number of important decisions to make.

David Lerner Associates: What is the Future of Social Security?
The future of Social Security has received a lot of publicity lately, especially when the candidates for President of the United States debated each other about how they would propose solving the looming problem of potential Social Security insolvency.

Social Security COLA Announced For Next Year
Remember the advertising campaign for 7-UP that referred to the soft drink as the "un-cola?" Some retirees may be saying the same thing about the Social Security cost-of-living adjustment for 2013 that was recently announced.

David Lerner Associates: 2013 Social Security COLA Less Than Half of 2012 Amount
The Social Security Administration (SSA) announced that the Social Security cost-of-living adjustment (or COLA) for 2013 will be just 1.7% -- less than half of the adjustment that was made for 2012.

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