social security

Why ‘Socialism’ Conveys One Thing Here, Another There

Why ‘Socialism’ Conveys One Thing Here, Another There

Socialism as a governing philosophy, an offhand insult, or both, is stirring politics again. From the U.S to the U.K. to Brazil and beyond, the term is being newly embraced, debated or disparaged amid
Young People Are Poorer Than Ever and Government Programs Are Failing Them

Young People Are Poorer Than Ever and Government Programs Are Failing Them

A new study finds that the social safety net leaves out the youngest workers.

Millennials: Don’t Hold Your Breath Waiting for Social Security

Social Security is predicted to run out of money to pay retirees fully in just 16 years.
Memes And WhatsApp Videos Are Ammo in Brazil Pension ‘War’ Room

Memes And WhatsApp Videos Are Ammo in Brazil Pension ‘War’ Room

Brazil President Jair Bolsonaro’s supporters have set up a nerve center aimed at influencing social media debate over his ambitious pension reform proposal.

7 Retirement Sins You Don’t Want to Commit

This post 7 Retirement Sins You Don’t Want to Commit appeared first on Daily Reckoning. At this point, I’ve probably written a million words on the problems with our traditional retirement systems and

Turning 66? Here’s How You Can Boost Your Income…

This post Turning 66? Here’s How You Can Boost Your Income… appeared first on Daily Reckoning. Some have discovered a perfectly legal way to increase their Social Security benefits by tens of
Why Japan Is Risking a Tax Hike in a Slow Economy

Why Japan Is Risking a Tax Hike in a Slow Economy

While tax hikes are rarely popular anywhere, in Japan increases in the national sales tax proved especially toxic, squelching economic growth and damaging political careers. Yet Prime Minister Shinzo

Trump's stealth attack on Social Security: "Chained CPI"

Trump was elected by old white people who are certain they'll be dead before climate change renders the planet uninhabitable, but who are also seriously invested in continuing to receive Social
Plan to Retire Even If You Don't Plan to Retire

Plan to Retire Even If You Don't Plan to Retire

If you’re one of the people who has decided to solve the retirement problem by “working for as long as possible,” it’s time to ask yourself what might happen if your working days end sooner than
In trying to protect American jobs, Trump is targeting the wrong visa programmes

In trying to protect American jobs, Trump is targeting the wrong visa programmes

Employers don't give preference to H-4 workers over US citizens.

7 Ways THIS Is Not What It Used to Be

This post 7 Ways THIS Is Not What It Used to Be appeared first on Daily Reckoning. The first thing you need to know about retirement today is it’s entirely your responsibility. Here are seven ways
How tech entrepreneurs think of Universal Basic Income

How tech entrepreneurs think of Universal Basic Income

As tech has grown, policy debates have become an important pastime. Today’s tech industry aspires to replace human drivers with self-driving cars, secretaries with AI assistants, permanent jobs with

NYPD Warns $2 Million Stolen in Scam Involving Bitcoin

The New York Police Department warned the public to be aware of phone scams where callers impersonate government officials and demand bitcoin.
Social Security will be unable to pay full benefits by 2035

Social Security will be unable to pay full benefits by 2035

"...tens of millions of Americans will only receive about three-quarters of their Social Security benefits when they retire." The post Social Security will be unable to pay full benefits by 2035
Social Security costs to outweigh income by next year; benefits may be cut by 2035

Social Security costs to outweigh income by next year; benefits may be cut by 2035

According to a report from the Social Security Administration, the program's cost will exceed its income in 2020. If nothing changes by 2035, Social Security will be unable to continue to pay full
Report: Medicare And Social Security Are Heading Toward Insolvency

Report: Medicare And Social Security Are Heading Toward Insolvency

WASHINGTON (AP) — The financial condition of the government’s bedrock retirement programs for middle- and working-class Americans remains shaky, with...
The problem with how demographers evaluate the aging population

The problem with how demographers evaluate the aging population

Wealthy countries need to rethink what it means to be old.
Get Bigger Social Security Checks by Delaying Your Payout

Get Bigger Social Security Checks by Delaying Your Payout

If you can put off claiming Social Security money for a few years, you can get higher monthly checks for the rest of your life.

401(k) and SS: Which Is Top Dog?

This post 401(k) and SS: Which Is Top Dog? appeared first on Daily Reckoning. Does your 401(k) actually affect your Social Security benefits? The post 401(k) and SS: Which Is Top Dog? appeared first
Finland’s Universal Basic Income Experiment Just Gave Lawmakers a Really Good Reason to Back the Idea

Finland’s Universal Basic Income Experiment Just Gave Lawmakers a Really Good Reason to Back the Idea

Feedback from Finland's UBI experiment is giving new insight on the issue.