When designed back in 1935, Social Security was largely a pay-as-you go system focused on providing financial security to the elderly. Over the years, programs were added to include benefits for the disabled, widows and children. Today, over 59 million people receive almost $870 billion in benefits from one of several Social Security Administration programs. […]
Social Security
Retirement Planning By The Numbers
For many people, the retirement world is a foreign place full of unfamiliar concepts and terminology. To help navigate the often complex range of retirement related decisions, financial planners have come up with a number of statistics. A review of some of these guidelines along with a few other related metrics follows. 80% How Much […]