We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario. ↗
There's been a lot said about Social Security reform. What has been left out of the debate is the double tax on Social Security benefits. I believe it's time to get rid of a tax that punishes seniors and discourages work and retirement savings. ↗
Technically, I've been retired for some time now. All I ever do is occasionally write songs for friends, such as one, for a friend who had just turned 80. I wrote a song for him called, The First 80 Years are The Hardest. ↗
Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement. ↗
Increased awareness and education could be a great help toward improving spending and saving habits and increasing participation and contribution levels to retirement plans. ↗