Senior Finance Welcome PDF Print E-mail

By Administrator, on Thursday, 23 August 2007

Senior Life Finances
Welcome to the Senior Life Club's Finance Section. We hope that you find our information useful.

 

 


    
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In Congress and on the presidential campaign trail, Republicans and Democrats are pounding each other on their sharply differing views of government's role. Senior benefits--Medicare, Medicaid, and Social Security--are the programs most at risk in this partisan debate. And while the talking goes on and on, their financial conditions continue to deteriorate.

A third of Florida's senior Social Security recipients survive on only their monthly government checks, according to an analysis by AARP.

A third of Florida's senior Social Security recipients survive on only their monthly government checks, according to an analysis by AARP.

Nationally, a quarter of retirees 65 and older depend on Social Security alone, but in Florida it's one third of retirees.

A Fayette County man pleaded guilty in federal court last week to Social Security fraud and making false statements, officials said.

 Politicians need to strengthen Social Security's protections, especially for lower-income women, youth and ethnic elders and stop focusing on reducing Social Security already modest benefits to make up for projected shortfalls for the program decades from now, according to members...

You and your spouse are now senior citizens. You have raised two successful children and have adequately planned for your retirement. You own your own home and your mortgage has long since been paid off. What do you need to be aware of now as you progress into your even later years?

A third of Florida's nearly 3 million retirees, 65 and older, now rely entirely on Social Security, according to an analysis by AARP.

Wake up and good morning . Some startling statistics follow with tough implications for Florida as Baby Boomers age...  A third of Florida's senior Social Security recipients survive on only their monthly government check s, according to an analysis by AARP , says a South Florida Sun-Sentinel story. Contrast that with the nation as a whole where only 25 percent of retirees 65 and older depend ...

The investment arm of Kuwait's social security system bought a luxury apartment building in Manhattan's Noho neighborhood, as demand for multifamily properties surges, two people with knowledge of the deal said.