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Owebama and his ilk are exactly the type that will push for legislation that will means test Social Security that will push those who saved for retirement and put them out of the system or severely reduce benefits.
I've done this for the last 20 years. I will be 58 soon, and am in a very enviable position. I even own a vacation home, a modest one at that. Even though I started late with retirement savings, in the last 12 years I have accumulated nearly $400K in my 401K, have significant other savings and investments, significant ...more
All garbage. No credible and respectable statistician or economist would publish such a paper. Analyzing solely by gender is specious and erroneous and ignores numerous factors such as choice of education and type of work. These studies essentially are comparing women working in social work and earning $25,000 to men w...more
I agree with Sensible. With SS being in so much trouble and congress and the govt chomping on the bit to cut and/or reduce benefits for the middle class, it you were already collecting benefits, it would be difficult for the govt to cut them. Otherwise, I would delay collecting as long as possible.