Where Does Social Security Fit Into Your Retirement

This is the eBook version of the printed book. This Element is an excerpt from Save Your Retirement: What to Do If You Haven’t Saved Enough or If Your Investments Were Devastated by the Market Meltdown (9780137029006) by Frank Armstrong, III and Paul B. Brown. Available in print and digital formats. A clear-eyed view of the future of Social Security and what it means to you... Will Social Security be around to augment your retirement? Yes, but with qualifications. It’s certainly in real trouble, but it’s here to stay. The question is: “In what form?” Our best guess is that if you are 10 or fewer years away from when you’ll stop working, your benefits will probably be unaffected. If you’re more than 10 years away, though...

Examines social security benefits within the context of other retirement savings programme.

This Element is an excerpt from Save Your Retirement: What to Do If You Haven't Saved Enough or If Your Investments Were Devastated by the Market Meltdown (9780137029006) by Frank Armstrong, III and Paul B. Brown. Available in print and digital formats. A clear-eyed view of the future of Social Security and what it means to you ... Will Social Security be around to augment your retirement? Yes, but with qualifications. It's certainly in real trouble, but it's here to stay. The question is: ""In what form?"" Our best guess is that if you are 10 or fewer years away from when you'll stop working.

A step-by-step guide to getting Social Security benefits for you and your family. Peterson gives you the practical information you need to make the most of the program, and make smart decisions about retirement.

Will you receive Social Security benefits at retirement? Most Americans will receive some sort of Social Security benefit when they retire. In fact, for most Americans, Social Security will provide the bulk of their retirement income. Yet, the VAST majority have no clue how their benefit is calculated. Many, in fact, will completely discount their benefits as a pittance. They'll fall for the doom and gloom that says they need MILLIONS to retire. That health care costs will destroy their retirement. That Social Security is going bankrupt. All these negative things permeate the financial industry and the media. As such, many working people are scared to death of retirement. And they stay at crappy, old jobs for much longer than they would have liked...because they're AFRAID of running out of money!Don't be like this! With a thorough understanding of how Social Security works, you will be well-armed to deal with the naysayers who continue to peddle the horror stories that await you if you quit your job to enjoy your life In this book, I will explain it all. And hopefully, you will put it down, take a deep breath, relax a bit and say "you know something? It's about time I enjoyed life on MY TERMS!"

With so much attention on Social Security lately- no matter what your age- you realize it's importance, but maybe you're not exactly sure what it means for you. For many Americans, Social Security income will provide for the majority of their retirement. Even those who've cultivated other sources of retirement income over the years will still rely on Social Security as a significant pillar of their greater retirement strategies. If you don't understand how Social Security works, you could be missing out on HUGE benefits. With Social Security Simplified, you will come to understand Social Security from the inside out, including what factors affect your Social Security benefits, when these benefits can be utilized, and how to maximize those benefits for yourself. Social Security Simplified is broken down and explained in laymen terms so you'll know exactly how to maximize your benefits for life!

Product DescriptionSocial Security has a long-term financing problem. More of us will soon be collecting benefits with not many more paying taxes to support the program. The Social Security Fix-It book is a short, colorful guide to the program, its financing issues, and the leading proposals for eliminating the shortfall. Cheerfully narrated and easy to read, this book seeks to raise public awareness to achieve a long-lasting solution.About the AuthorAlicia H. Munnell is the Director of the Center for Retirement Research at Boston College and the Peter F. Drucker Professor in Management Sciences at the Carroll School of Management at Boston College. Steven A. Sass is Associate Director for Research at the Center for Retirement Research at Boston College. Andrew Eschtruth is Associate Director for External Relations at the Center for Retirement Research at Boston College.