Women's longer life expectancies and the likelihood that most will spend their final years on their own indicate the need to take more risk with their retirement portfolios. Unfortunately, most female investors do the opposite.
Don’t let clients sabotage their retirement plans because of fears about the program’s finances. Advisers can help clients put trust fund solvency woes into perspective.
The cost-of-living adjustment will result in the largest increase in retirement benefits and taxable wages in 40 years.
Families continue to provide the bulk of unpaid care, according to a new report that estimates more than one-third of individuals don't have the resources for even a year of minimal care.
A new study details the uncovered costs retirees face for those services as Congress considers expanding Medicare Part B to include such coverage.
The acceleration in the projected depletion of the trust fund is bad, but given that this was the first report to include the effects of the pandemic-induced recession, the news could have been worse.
Clients don't have to make any changes, but they may be able to save money by re-shopping their prescription drug coverage.
The 2021 Trustees Report shows the trust funds will run dry in 2034 as a result of the economic fallout from the pandemic.
The long-delayed report, which is due every year no later than April 1, is expected this week and should highlight the pandemic's impact on program funding.
The woman, who's twice divorced and widowed, can select the biggest of the benefits available.
