Will Social Security Be Broke by The Time Iā€™m Ready to Collect?

I had a mealĀ with my friend RonĀ yesterday.Ā  Over baked ziti, I told him I was writing some blog posts about Social Security. OMG. Ā The mere topic made him furious. ā€œSocial Security is bankrupting the country.Ā  It will be broke by the time I retire.Ā  Thereā€¦Willā€¦Beā€¦N-o-t-h-i-n-gā€¦Left,ā€ he hissed. (It was a little scary.) America is evenly … [Read more…]

Inflation:Ā  The Retireeā€™s Dream Crusher

Author's dad standing on white sandy beach with colorful sailboat parked on sand in background.

  My dad retired at 56.Ā  Most would say that heā€™d taken all the right steps to secure his financial future.Ā  Heā€™d made a habit of spending less than he earned, owned a beautiful home outright, and had his money in nice ā€œsafeā€ vehicles, like Certificates of Deposit (CDs), money market accounts, and annuities.Ā  His … [Read more…]