Retirement Concerns

I wrote this article knowing full well that I’m going to sound like a broken record but I believe the subject matter is to important to ignore. Last week I wrote an article about the impending insolvency of Social Security and pointed out why it is so important to save for your own retirement. Basically, why you should never depend on the government for your retirement security. Then this week I saw two Bloomberg articles that caught my eye. Continue reading “Retirement Concerns”

End of the Road

The 2017 report from the Social Security and Medicare trustees was released a few days ago. The good news is that payouts in 2018 will see their first significant bump in years, 2.2%. Bad news is that the impending insolvency of these programs is still looming on the horizon. Ironically, 100 years after the program began it could face the issue of not being able to fulfill it debts to the public. Continue reading “End of the Road”