Social Security

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Heading towards fiscal health

Aug 31, 2012
David Lazarus of the Los Angeles Times answers caller questions on personal finance, along with CBS MoneyWatch.com editor-at-large Jill Schlesinger.
Posted In: family, marriage, Social Security, identity theft, Retirement, emergency fund, college

Retirement savings is gone. Now what?

Apr 27, 2012
Hi. I'm 53 years old and have had to go through the little bit of my retirement savings. Now, I have $5,000 to start something, as far as retirement goes. What should I do? I do not have anything through work. Actually, my workplace is on brink of closing right now. Lisa, Louisville, KY
Posted In: Roth-IRA, retirement savings, Work, Social Security

More elderly Americans living poor

Apr 25, 2012
The poverty rate among older Americans is up, with the highest rate among the "oldest old."
Posted In: Social Security, elderly, poverty rates

Social Security money to run out sooner than thought

Apr 24, 2012
The Social Security Trust Fund will run out of money three years earlier than previously thought in 2033. As for Medicare, that's still on track to run out of cash in 2024.
Posted In: Social Security, Medicare, federal budget

Putting Social Security's deteriorating finances in context

Apr 24, 2012
Social Security's shortfall is manageable, but it's also real.
Posted In: Social Security, entitlements, Fiscal policy

Medicare, Social Security get annual checkup

Apr 23, 2012
A trustee report on the fiscal health of Medicare and Social Security will allow political parties to spin their message.
Posted In: Social Security, health care

Social Security and the job outlook

Apr 10, 2012
Social Security claims came down last year, an intriguing sign that older workers are feeling better about their job prospects.
Posted In: Social Security, older workers, Jobs

Retirement and working longer

Mar 28, 2012
"A steadily growing portion of the workforce will continue to work at least part-time well beyond the 'normal' retirement age of 65," says a senior research fellow at the New America Foundation.
Posted In: Retirement, Work, Jobs, Social Security, pensions, 401(k)

More bad news on retirement

Feb 23, 2012
A substantial fraction of people die with virtually no financial assets -- 46.1 percent with less than $10,000.
Posted In: Retirement, retirement savings, aging, Social Security

Take Social Security now -- or wait?

Jan 9, 2012
I will be 66 in June but want to continue working for 3 or 4 more years. (I am a college professor.) I am in the position of being able to take my social security check and put the full amount each month in a pre-tax IRA so I would not have to pay taxes on it. Am I better off doing this or should I delay taking it until I am 69 or 70 and get a larger amount each month? Thanks, Hal, Cullowhee, NC
Posted In: Social Security, Retirement, retirement savings

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