Social Security recipients on fixed budgets count on their monthly benefits. But a proposed change tossed around in Washington D.C. budget discussions could leave them counting on less to meet their future needs. At issue is the way the cost-of-living adjustment (COLA) is calculated when determining Social Security benefit increases. Read more
Posts tagged ‘social security’
Social Security and Medicare are, hands down, the two topics investors are concerned about.
Though we don’t yet know the outcome of the federal deficit reduction conversations and any impact to these entitlement programs, there are important decisions the average person can make with a big influence on retirement income.
I got a very strange, but exciting, email today. It appears to be an email from my future self. It seems to come from sometime in late 2013, but gives some insight into a possible positive future. Here it is:
Bob, Happy Halloween and greetings from the future. It’s me, Bob Baur…you! The iPhone has been acting strangely. Maybe something to do with the solar maximum that’s going on? Had an icon pop up that I’d never seen before that said “Send Message to the Past.” Some new app, I suppose. Isn’t technology wonderful? Anyway, I figured I’d take a couple minutes to type out a message and let you know what’s coming up on the whole federal budget thing. Read more