social security Archives

‘YOYO’ Economy Creates New Reality

Key Elements to Retirement Planning

With Social Security in its 79th year, and with real concerns about the future of the program, there is a different reality for retirement planning than when the agency started many years ago. Preparing for a secure retirement has changed drastically with today’s Baby Boomers living in what many call a YOYO (You’re On Your… Read More →

Do You Have Insurance on Retirement Plan?

Employer Retirement Plans in Phoenix, Ariz.

You have insurance on your home, your car, your health. How about your retirement plan? “People have homeowners insurance to protect against fires and floods,” notes independent financial planner Stephen Ng, founder and president of Stephen Ng Financial Group. “They buy insurance to replace their car if it gets wrecked and they buy health insurance… Read More →

Politics and Social Security


The issue: Unless Congress acts, the trust funds that support Social Security will run out of money in 2033, according to the trustees who oversee the retirement and disability program. At that point, Social Security would collect only enough tax revenue each year to pay about 75 percent of benefits. That benefit cut wouldn’t sit… Read More →