Women who retire when their husbands do may be forfeiting more wealth than they realize. Married women overall are still in their peak earning years in their 50s and early 60s. Married men’s earnings often decline as they age, according to economist Nicole Maestas. Maestas is an associate professor of health care policy at Harvard …
The Two Funds There are two Social Security trust funds or separate accounts where money is collected and deposited. These accounts are the Old-Age and Survivors Insurance Trust (OASI), and the Disability Insurance Trust (DI). Many publications refer to the two accounts together with a joint acronym, OASDI. It’s worth noting that a combination of the …
It’s all fun and games to think about never working another day and relaxing on a beach somewhere, but unfortunately, life is not a Jimmy Buffet song. Retirement can be complicated, or at least certainly not as simple as we hope, which is why it is so important to be prepared. When you think …