Only 20 percent of Americans believe there will be enough money left when it’s time for them to retire. To fix the problem, some people believe Social Security should allow means testing, where benefits are based on a… Read More
Posted on August 19, 2015 by RJ Walters
Aug. 14, 1935: President Franklin Roosevelt signed the Social Security Act, which guaranteed an income for the unemployed and retirees. Social Security was initially created to combat unemployment, but now functions as a safety net for retirees and… Read More
Posted on August 15, 2014 by RJ Walters
Consider this headline from a recent survey of retirees: “Many Regret Decision to Take Social Security Early.” Sounds ominous, right? Well, the problem is that the title isn’t entirely supported by the survey’s actual results, which found that… Read More
Posted on July 8, 2014 by RJ Walters
The History Of… Social Security
Posted on January 21, 2014 by RJ Walters
I have been kind of watching the preliminaries for this latest “super committee” forming in Washington to come to some sort of budget deal and I am not impressed. On the one hand my Republican friends often scream… Read More
Posted on November 1, 2013 by RJ Walters
I must admit that I spent over an hour yesterday watching the president’s news conference. Boy, does that guy like to talk. But being a former college professor that shouldn’t be surprising. I will admit that I bought… Read More
Posted on October 9, 2013 by RJ Walters
Every month, 14 million people now get a disability check from the government. The federal government spends more money each year on cash payments for disabled former workers than it spends on food stamps and welfare combined…. Read More
Posted on April 24, 2013 by RJ Walters
Source: Mr. 3.75 Percent – By Daniel Altman | Foreign Policy. One political leader who likes to plan for the really long term is Paul Ryan, the Republican nominee for U.S. vice president. By 2050, Ryan’s budget plan would… Read More
Posted on October 15, 2012 by RJ Walters
Here is another poll that shows when it comes to making cuts in Medicare or Social Security a big percentage of people think we should cut our bloated defense spending instead. If we could somehow manage to get… Read More
Posted on September 25, 2012 by RJ Walters
Elections are a good deal like marriages, there’s no accounting for anyone’s taste. – May 10, 1925 Will Rogers You did it again Will. You perfectly described an election eighty-seven years in the future. There is just no… Read More
Posted on August 15, 2012 by RJ Walters
It was 1965 when Medicare was enacted. I was just entering college so I still have some vivid memories of what went on around it. I remember the conservatives in congress were saying such things as: We’ve got… Read More
Posted on July 9, 2012 by RJ Walters
Source: Get personalized help to max out Social Security. Social Security Solutions’ optimization plan calls for my wife to file for her own benefits at age 67 but immediately suspend her payments — a perfectly legal strategy known as… Read More
Posted on June 22, 2012 by RJ Walters
Is the Republican Party insuring its own demise by it continuing to focus on a narrower and narrower core group. I want to believe this is the case as the alternative is that we as a country are… Read More
Posted on April 23, 2012 by RJ Walters
Source: https://news.fidelity.com/news/article.jhtml?guid=/FidelityNewsPage/pages/secrets-of-social-security-2&topic=living-in-retirement On the other hand, some people advocate drawing Social Security benefits at the first opportunity. Doug Carey, who founded the financial planning software firm WealthTrace, says Social Security doesn’t see itself as an odds maker, but it… Read More
Posted on April 10, 2012 by RJ Walters
Source: Obama Strikes Populist Chord With Speech in Heartland – NYTimes.com. The most recent proposal by Senate Democrats calls for reducing the share of Social Security payroll tax paid by employees to 3.1 percent from the already reduced level… Read More
Posted on December 23, 2011 by RJ Walters
Source article: Happy? You May live 35% Longer, Tracking Study Suggests | digtriad.com. Here is an interesting article about happiness. It seems if you are generally happy in life you live longer. We do know that happiness is… Read More
Posted on November 7, 2011 by RJ Walters
I worked over forty years of my life. During that time I paid social security taxes on almost all my income. Of course I realized that much of those taxes were used to pay my father and grandfather’s… Read More
Posted on May 9, 2011 by RJ Walters
Dear Mr. President I know you are pretty busy creating your State of the Union address for next Tuesday so I thought you could use some free advice from someone outside of the beltway. No, I don’t have… Read More
Posted on January 22, 2011 by RJ Walters
RJ's Corner
