Global Security Watch > Social Security: Here today, still here tomorrow

Economic Policy Institutehttp://www.epi.org/content.cfm/ib246 [Economic Policy Institute] Even if lawmakers allowed this to happen, future retirees will receive benefits that are more generous than those received by previous generations. Retiring at 65, the typical young adult born between 1980 and 1990 will receive retirement benefits valued at $188,000 in 2007 dollars, up from $181,000 for retirees born between 1960 and 1970.

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Events from My.BarackObama.com[Events from My.BarackObama.com] Roundtable on Strengthening Retirement Security: Join us this Thursday, on the 73rd Anniversary of Social Security, to learn more about Senator Obama’s plans to preserve Social Security and strengthen retirement security for all Americans.

Ask About Realestate.nethttp://blog.askaboutrealestate.net/archive/2008/08/12/Your-5-minute-guide-to-saving-your-retirement.aspx [Ask About Realestate.net] Your 5-minute guide to saving your retirement: You'll get a larger Social Security check if you don't start collecting as soon you're eligible. Benefits increase 6% to 8% each year that you wait until age 70.

Ask the Experthttp://asktheexpert.blogs.money.cnn.com/2008/08/13/pensions-monthly-payments-v-lump-sum/ [Ask the Expert] Pensions: monthly payments v. lump sum: But if it appears that Social Security will provide enough assured income once you begin to collect it, then you and your wife may be better off getting by on other sources of income (her part-time work, your income or Social Security, draws from retirement assets or the lump sum itself) until Social Security payments kick in.

Principles in Practicehttp://theobjectivestandard.com/blog/2008/08/retire-social-security-by-alex-epstein.asp [Principles in Practice] Retire Social Security by Alex Epstein: The government can spend his money on anything it wants—observe the long-time practice of spending any annual Social Security surplus on other entitlement programs. The government can change when (and therefore if) it chooses to pay him benefits and how much they consist of—witness the current proposals to raise the age cutoff or lower future benefits.

Weakonomics[Weakonomics] 5 Problems With Social Security:  You’ve got your 401(k)/pension, IRA, and Social Security.  With options like the IRA and 401(k) that weren’t around in the 30s, its time we start looking for a way to wind down the Social Security program.

assetbuilder Inc. - Registered Investment Advisorhttp://assetbuilder.com/blogs/scott_burns/archive/2008/08/13/for-retirement-make-high-probability-bets.aspx [assetbuilder Inc. - Registered Investment Advisor] For Retirement, Make High Probability Bets: (He has also overlooked the fact that prior to full retirement age, Social Security benefits can be taken back if your earned income exceeds $13,560. Your friend’s full retirement age is 66.)

About.com Financial Planninghttp://financialplan.about.com/b/2008/08/12/understanding-social-securitys-role-in-retirement.htm [About.com Financial Planning] Understanding Social Security's Role in Retirement: Depending on who you ask, you'll hear some people claim that in just a few decades Social Security will be nowhere to be found, will be means-tested, or may even be plugging along just like it should. If you ask me, I wouldn't put too much faith into Social Security if you're still relatively young.

SeniorsSpace.com Blog[SeniorsSpace.com Blog] Roundtable on Strengthening Retirement Security: Join us this Thursday, on the 73rd Anniversary of Social Security, to learn more about Senator Obama’s plans to preserve Social Security and strengthen retirement security for all Americans. With Dean Baker National Policy Advisor …

Juapan's Bloghttp://juapan.blogready.net/2008/08/13/stop-the-401k-rip-off-eliminate-costly-hidden-fees-to-improve-your-life/ [Juapan's Blog] Stop the 401(k) Rip-off!: Eliminate Costly Hidden Fees to Improve ...: This book makes it easy for you to take the five steps needed to add more than 0,000 to your retirement nest egg without taking more risk or saving more money. This can allow you to improve your lifestyle, increase your benefits, identify the hidden costs and also improve your standing within your company by proactively helping your employer to take needed action.

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