In 1999 the Social Security Administration (SSA) began mailing Social Security statements annually to all adults 25 and over about three months prior to their birthdays. In the statement, you receive an estimate of your benefits under the most current laws, and a record of your social security statement of earnings upon which your benefits are based. If you do not have this statement, you need to get one. Call 800-772-1213 or go to www.ssa.gov and request a statement order form. Because this is sensitive personal information, it is not available online. You have to mail a form to the SSAand wait for a response in four to six weeks. (more…)

In the U.S. the laws that apply in a divorce fall under the jurisdiction of each state. Some things may vary from state to state but which is usually constant when the alimony of the spouses is meant is that this can be paid by both the husband and the wife. (more…)

How much do you need? How much do you already have? How much time do you have to save? These are the questions that lead you to a successful retirement saving plan. A well-thought out and diligently followed plan leads you to your goal. This section walks you through the major steps in planning for your post-retirement financial needs. (more…)

How much money to retire do you need? How much do you already have? How much time do you have to save? These are the questions that lead you to a retirement saving plan. A well-thought out and diligently followed plan leads you to your goal. This section walks you through the major steps in planning for your post-retirement financial needs. (more…)

Retirement and retirement income systems are relatively new and evolving institutions. Paradoxically, industrialization created both the need and the opportunity for the nation’s “old-age retirement income support system.” Improvements in nutrition, sanitation, and public health led to more people reaching old age and living longer once they were there. (more…)

Some early retirement survey focused almost exclusively on men when making retirement decision. Until recently, woman may have some decisiveness which affected retirement decision for her and her husband. Recognition of the difference point of view add some complexity on making retirement decision. Off course, the retirement decision is varied beyond gender and economic issues. Substantial differences in health condition, employment market, family finance situation, and care giving responsibility can lead to the differences timing of retirement. (more…)