Americans Want More Social Security, Not Less -- Let Them Buy It

The greatest truth to emerge from the past thirty years of our nation’s retirement planning experience is that Wall Street, i.e., private financial services companies, cannot be trusted with handling retirement savings—at least not under the existing legal and regulatory framework. Maybe Wall Street, or Las Vegas casinos for that matter, can be trusted with gambling monies—dollars individuals can afford to lose.  But when it comes to all-important savings that individuals and families will have to rely upon to meet their basic needs in later years, such as food, shelter and health insurance, Wall Street should be told, “Hands off.”

Topics:  las vegas    but    hands   wall street   years   individuals   trusted   retirement   
BING NEWS:
  • Here's a Social Security secret American retirees may not know about — but it can boost your benefit permanently
    Each year, Social Security beneficiaries can receive a bump in their checks thanks to a cost-of-living adjustment. This year’s COLA is 2.5%, which the Social Security Administration (SSA) estimates ...
    01/20/2025 - 4:59 am | View Link
  • Here’s the average Social Security check for more than 68 million Americans in 2025 — how do you compare?
    Each year, Social Security benefits are adjusted for inflation (or deflation) with a cost-of-living adjustment (COLA). For 2025, the COLA is 2.5%, bumping up retirement checks by an average of about ...
    01/20/2025 - 2:24 am | View Link
  • $2,000 Social Security checks go out on Wednesday, Jan. 22: find out if you’re on the list of recipients
    As part of its staggered payment scheme, the Social Security Administration is preparing to send out the latest weekly batch of checks.
    01/20/2025 - 1:17 am | View Link
  • A Social Security Storm Is Gathering: Here's Your Safety Plan
    If Social Security reserves are depleted by 2033, as predicted, future benefits could be cut by as much as 21%. Here’s how to weather the impending storm.
    01/19/2025 - 9:35 pm | View Link
  • Social Security Update: Payments of Up to $5,108 to Be Paid This Week
    Retirees who stop working at the Full Retirement Age, currently set at 67, can receive a maximum benefit of $4,018 per month. If benefits are claimed at the earliest possible age of 62, that maximum ...
    01/19/2025 - 7:26 pm | View Link
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