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Social Security is in Trouble

This is a solid, proven myth.  The only trouble Social Security is in is the same trouble it’s been in since before it was signed into law 84 years ago:  ignorant, malicious attacks by self-righteous ideologues. As quoted in Social Security Works:  The most important takeaways from the 2019 Trustees Report are that (1) Social …Read More


AARP Has Wrong Information About Social Security Claiming

Unfortunately, the title of this post is not a myth.  What is a myth is AARP’s statement in their 2016 Retirement Guide.  I bought one at the grocery store, out of curiosity.  In the section on Social Security it is flatly stated that the timing strategies are gone.  Wrong!  This misstatement will cause gullible retirees to miss …Read More


Congress Just Helped Save Social Security (not)

The sunny name of the Bipartisan Budget Act of 2015 belies the fact that it unnecessarily guts important provisions that benefit both married and divorced spouses.  AARP estimates that only 1/10 of one percent of eligible Americans take advantage of these provisions.  But, even if every single eligible beneficiary maximized the use of timing strategies, …Read More


Financial Abuse of Seniors Isn’t Really a Problem

I want to remind you again, especially with this title, that the titles of these posts are myths.A recent article in Financial Planning Magazine detailed the red flags that regulators look for to catch and prevent financial abuse of seniors.  Here they are, summarized by me: Taking too much risk with the senior client’s money …Read More