Marty Appel的动态

Today’s 65-year-old can expect to live another 20 years, according to the Social Security Administration. 80% of households with older adults are financially struggling today or are at risk of falling into economic insecurity as they age. Optimizing Social Security, accessing benefits, improving long-term care, and using home equity are 4?? ways retirees can maximize their savings! ?? https://bit.ly/3st58Ua

Today’s 65-year-old can expect to live another 20 years, according to the Social Security Administration. 80% of households with older adults are financially struggling today or are at risk of falling into economic insecurity as they age. Optimizing Social Security, accessing benefits, improving long-term care, and using home equity are 4?? ways retirees can maximize their savings! ?? https://bit.ly/3st58Ua

Today’s 65-year-old can expect to live another 20 years, according to the Social Security Administration. 80% of households with older adults are financially struggling today or are at risk of falling into economic insecurity as they age. Optimizing Social Security, accessing benefits, improving long-term care, and using home equity are 4?? ways retirees can maximize their savings! ?? https://bit.ly/3st58Ua

Today’s 65-year-old can expect to live another 20 years, according to the Social Security Administration. 80% of households with older adults are financially struggling today or are at risk of falling into economic insecurity as they age. Optimizing Social Security, accessing benefits, improving long-term care, and using home equity are 4?? ways retirees can maximize their savings! ?? https://bit.ly/3st58Ua

The Silent Heist: How Your Social Security is Being Raided to Cover Deficits #SocialSecurity is being misused to cover budget deficits, and this should concern you. Politicians can do this because Social Security is not a traditional benefits or entitlement program. It is fundamentally an insurance program designed to prevent people from falling into poverty. In fact, Social Security lifts 30 to 40% of Americans out of poverty. The crucial issue is that the money you’ve paid into Social Security is being used to cover our deficit because politicians from both parties fail to balance the budget. As the upcoming election approaches, you should demand answers from politicians about how they plan to balance the budget to ensure Social Security’s longevity. As a voter, it's crucial to focus on securing your retirement and ensuring that your contributions are not misused. Demand accountability and balanced budgets from your elected officials to protect Social Security for future generations.

The Social Security Administration announced that seniors and other beneficiaries will receive a 3.2% increase in benefit checks in 2024. This cost-of-living adjustment (COLA) is one of the largest increases over the past few?decades, but significantly less than 2023, which was an 8.7% increase.?If you have questions about inflation and its impact on your finances, let’s connect. Visit our website at capitalwealthcares.com.

Now you have BOTH political parties suggesting that Social Security benefits should be limited to high-income earners. In the most recent Republican Study Committee’s budget, a large part of their suggested fix is focused on those who make a high income. Specifically, they want to make the benefit formula less generous and start phasing out spousal and children benefits. This lines up with exactly what I’ve been saying for a while. In the future, Social Security is going to look a lot different for those who have earned a 'high' income. #socialsecurity

When considering who is living paycheck to paycheck, households with a six-figure income likely aren't the first to come to mind. But about a fifth of US households that earn more than $150,000 a year are in that situation. ?? The authors of the analysis define people who live paycheck to paycheck as those who dedicate more than 95% of their household income to necessities, which include gasoline, food, utilities, internet, public transportation, child care and housing costs. ?? Across all income levels, households that earn less than $50,000 a year saw the highest proportion, around 35%, of people living paycheck to paycheck so far this year. Read more from CNN's Elisabeth Buchwald: https://cnn.it/4eUtN7w

When thinking about the next few months, UK adults are most concerned about not being able to maintain their standard of living (71%), heat their home (66%) or pay general monthly household bills (61%). Significantly, half (50%) of UK adults were at least a little worried about being able to afford food over the next few months, rising to 67% of younger adults aged 18 to 34. Our goal is to help all clients alleviate the stress surrounding money and to work towards meeting their personal lifetime objectives and plans; whether that is beginning to invest, planning for retirement, providing funds to children, buying a house – or all the above. SOURCE: Opinium poll of 3000 UK adults aged 18 and over between 7 to 14 November 2022. #StressAwarenessMonth #Stress #MoneyWorries #FinancialEducation

Without Social Security, 40% of adults over 65 would be below the poverty line. That’s a scary statistic! There are plenty of reasons to delay Social Security benefits, but there are also several reasons why you should claim as early as possible. It allows you to enjoy your retirement while you’re younger and in better health. The future is uncertain, and health decline is a strong potential. So, enjoying benefits earlier might be more satisfying in the long run. Ultimately, it does depend on your personal situation. But here are 7 scenarios in which you might want to consider claiming your benefits as soon as they’re available ?? https://lnkd.in/er4vanBY