Let’s keep in mind that Social Security is insurance, not an investment. It provides inflation adjusted lifetime income, survivor and dependent benefits and disability benefits,
Tag: Social Security
How it works, the issues for today and tomorrow.
10X May not be enough‼️
So how much do you need to save for retirement? According to Fidelity research, you should aim to have: 10X your salary saved by retirement
Social Security COLA
Is the Social Security COLA adequate, does it keep up with inflation? Yea, it does, but not necessarily inflation as it applies to most retirees,
Full retirement age is 70 and you pay Medicare Part B premiums, not taxes
I am convinced that one reason it is so hard to solve social/government problems is the wide diversity in perceptions. For example, the Social Security
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