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Here's the Biggest Problem With Working After Claiming Social Security

Here’s the Biggest Problem With Working After Claiming Social Security

(Keith Speights) Americans can start receiving monthly Social Security retirement checks as early as age 62. However, that doesn’t mean you actually have to retire. Lots of people love what they do for a living. They like the idea of ​​staying busy and earning money while receiving an extra amount from Social Security. But there …

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Want more retirement income?  Here's an investment worth owning

Want more retirement income? Here’s an investment worth owning

(Maurie Backman) Retiring on Social Security alone is generally a bad idea. These benefits will only replace about 40% of your pre-retirement salary if you earn an average salary. And that’s assuming that benefits aren’t substantially reduced across the board. As Social Security faces a financial shortfall, seniors could face benefit cuts if lawmakers don’t …

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Some lawmakers want to strip social security from high earners.  Will this happen?

Some lawmakers want to strip social security from high earners. Will this happen?

(Maurie Backmann) Social Security is financially fragile. In future years, the program expects to owe more benefits than it takes in as baby boomers leave the workforce, reducing its main source of revenue, payroll taxes. If lawmakers fail to find a way to pump more money into Social Security, the program may have to cut …

Some lawmakers want to strip social security from high earners. Will this happen? Read More »