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“ In U.S., Average Retirement Age Up to 61
Younger nonretirees most likely to expect to retire at a younger age.
These results are from Gallup’s annual Economy and Personal Finance survey, conducted April 4-14. The average retirement age has crept up... — **In U.S., Average Retirement Age Up to 61**
Younger nonretirees most likely to expect to retire at a younger age.
These results are from Gallup’s annual Economy and Personal Finance survey, conducted April 4-14. The average retirement age has crept up by four years over the past two decades, from 57 in 1991 to the current 61. Because most of the uptick came before the 2008 recession, this shift may reflect more than just a changing economy. It may also indicate changing norms about the value of work, the composition of the workforce, the decrease in jobs with mandatory retirement ages, and other factors.

Source: ncpssm gallup stats economy personal finance retirement

fdrlibrary

…as these are not ordinary times, I venture to ask what you have in mind as to whether professional baseball should continue to operate…

Letter from Kenesaw Landis to President Franklin D. Roosevelt Regarding Baseball, 1/15/1942

File Unit: PPF 227: Baseball, 1933 - 1945. Series: President’s Personal Files, 1933 - 1945. Collection: Papers as President, President’s Personal File, 1933 - 1945

Five weeks after the Japanese bombed Pearl Harbor and the United States entered World War II, Commissioner of Baseball Kenesaw Mountain Landis wrote President Franklin D. Roosevelt asking whether major league baseball should be played. President Roosevelt responded affirmatively with personal hope in what is now known as the “green light” letter.

“I honestly feel that it would be best for the country to keep baseball going. There will be fewer people unemployed and everybody will work longer hours and harder than ever before.”

Letter from President Franklin D. Roosevelt to Kenesaw Landis Regarding Baseball, 1/15/1942

More baseball records from @usnatarchives at:

Prologue: Beyond the Box Score: Baseball Records in the National Archives
Baseball: The National Pastime in the National Archives, a free downloadable ebook

(via todaysdocument)

Source: catalog.archives.gov

todaysdocument

Source: catalog.archives.gov

Today, we are announcing the rollout of our new education initiative, Delay and Gain! We will be highlighting the benefits of delaying retirement in order to receive more Social Security benefits.You can learn more by clicking here. — Today, we are announcing the rollout of our new education initiative, Delay and Gain! We will be highlighting the benefits of delaying retirement in order to receive more Social Security benefits.
**You can learn more by clicking here.**

Source: bit.ly social security social insurance retirement retirement security retirement age retirees retirement crisis elderly older americans seniors entitlements earned benefits benefits working class middle class finance personal finance

cnb.cx

This bill could extend Social Security's solvency for the rest of this century. Here's what stands in its way

Lorie Konish

The plan also would raise the limit for non-Social Security income before benefits begin to be taxed. The new limits would go to $50,000 for individuals and $100,000 for couples, up from the current $25,000 and $32,000 thresholds.
In order to pay for those changes, the bill calls for raising payroll taxes on wages over $400,000. Wages up to $132,900 are currently taxed.
It also calls for increased payroll contributions from workers and employers. That rate would increase to 7.4% from 6.2% and would be gradually phased in from 2020 to 2043. For the average worker, this would cost an estimated 50 cents more per week every year.
The plan has the support of Social Security reform advocates including the National Committee to Preserve Social Security and Medicare.
“We’ve really been supporters of many of the ideas that are incorporated in the bill for quite a long time,” said Max Richtman, the organization’s president and CEO.
via CNBC.

Related Reading:

Dems, Advocates Push Hard for Social Security Expansion.

Max Richtman said that the 2% across-the-board benefit increase in Congressman Larson’ bill, while modest, could make a big difference for seniors like Nettie. A two-percent boost would equal about $300 annually for the average retiree.
So would the improved cost-of-living (COLA) formula in Larson’s legislation – the Consumer Price Index for the Elderly(CPI-E), to help Nettie and other seniors keep pace with inflation.

Source: bit.ly personal finance politics social security social insurance retirement retirees retirement crisis entitlements entitlement reform elderly older american p2 seniors john larson congress democrats

“As most people are aware, you can start taking your Social Security benefit as early as 62. You can also delay taking benefits until you are 70. In between 62 and 70 is what’s called your “Full Retirement Age.”
Understanding the distinctions of... — As most people are aware, you can start taking your Social Security benefit as early as 62. You can also delay taking benefits until you are 70. In between 62 and 70 is what’s called your “Full Retirement Age.”
Understanding the distinctions of “Full Retirement Age” is an integral part of your claiming strategy.
There are basically four factors that determine your claiming strategy and ultimate amount of lifetime benefits you will receive. Three of which you can control and one you cannot.
via Forbes.
**Related Reading:**
**When Is the Best Age for Americans to Claim Social Security?**
When to claim Social Security retirement benefits is one of the most crucial financial decisions facing older workers.
But not everyone makes informed choices.
The timing of the claim is key. The earlier a worker files to receive Social Security, the lower the monthly payment for the rest of that worker’s life. The longer a worker waits, the larger the benefit.

Source: bit.ly politics social security social insurance entitlements entitlement reform earned benefits retirement retirees retirement crisis finance personal finance p2 elderly older americans retirement age

“This is personal. This is very personal for us.” - Congressman John Larson speaking about how the Ryan Plan affects individuals.

Source: ncpssm congressman john larson paul ryan politics medicare election

“Elderly Americans’ well-being is at risk unless the U.S. does much more to help millions of family caregivers who sacrifice their own health, finances and personal lives to look out for loved ones, reported a study released Tuesday.
”
Related... — Elderly Americans’ well-being is at risk unless the U.S. does much more to help millions of family caregivers who sacrifice their own health, finances and personal lives to look out for loved ones, reported a study released Tuesday.
via Kaiser Health News.
Related Reading:
Providing Social Security Credits for Caregivers.
We recommend that, in computing the Social Security retirement or disability benefit that imputed earnings for up to five family service years would be granted to a worker who leaves or reduces his/her participation in the work force to provide care to children under the age of six or to elderly family members.

Source: bit.ly social security politics p2 seniors retirement retirees retirement crisis entitlements entitlement reform caregivers caregiver credits elderly older americans

nbcnews

“…Some time ago I told you and Mrs. Roosevelt a little about my confidential plans for a world flight…”

This bill could extend Social Security's solvency for the rest of this century. Here's what stands in its way

JUST IN: Former US Supreme Court Justice Sandra Day O'Connor in public letter: “Since many people have asked about my current status and activities, I want to be open about these changes, and while I am still able, share some personal thoughts.”

NCPSSM — Good morning!

See, that’s what the app is perfect for.

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Letter from Kenesaw Landis to President Franklin D. Roosevelt Regarding Baseball, 1/15/1942

“…Some time ago I told you and Mrs. Roosevelt a little about my confidential plans for a world flight…”

Today, we are announcing the rollout of our new education initiative, Delay and Gain! We will be highlighting the benefits of delaying retirement in order to receive more Social Security benefits.

You can learn more by clicking here.

This bill could extend Social Security's solvency for the rest of this century. Here's what stands in its way

Dems, Advocates Push Hard for Social Security Expansion.

When Is the Best Age for Americans to Claim Social Security?

Related Reading:

JUST IN: Former US Supreme Court Justice Sandra Day O'Connor in public letter: “Since many people have asked about my current status and activities, I want to be open about these changes, and while I am still able, share some personal thoughts.”