Oh no….can it be? President Barack Obama’s federal budget proposal includes a concept that should send shivers up and down our spines. Included in the budget is a proposal for a Social Security chained consumer price index (chained CPI) to guide annual increases. Essentially, what this means is that Social Security checks would increase by [...]
A couple of events have occurred recently that have me thinking about some of the illusions we maintain as we age. Here are three. DEMENTIA. You may not be at all concerned about developing Alzheimer’s or other forms of dementia – today. But you should be. It’s in the back of my mind – all [...]
The US Treasury Department is estimating that the government will hit its $14.3 trillion ceiling (yes, that’s a “t” for trillion) sometime soon – most likely between April 15 and the end of May. A few in Washington are talking about raising the debt ceiling – but most (on both sides of the table) are [...]
The average Social Security check is $1200 per month. If Social Security is or will be your main source (or only source) of retirement income, then you may need to do some serious thinking about where you’ll hang your hat in retirement. While issues such as climate, medical care, and potential for intellectual stimulation are [...]