Most Americans will eventually receive Social Security and Medicare benefits. Each year, the Trustees of the Social Security and Medicare Trust Funds release lengthy reports to Congress that assess the health of these important programs. The most recent report, released on April 22, 2020, discuss the current financial condition and ongoing financial challenges that both […]
Half Empty or Half Full?
Is the average Baby Boomer retiree’s glass half empty or half full? After several years of nothing but gloom and doom scenarios and projections for boomer retirees, there is finally some good news to report…maybe. A recent survey conducted by Baltimore-based investment management firm T. Rowe Price concluded that many newly-minted retirees are finding that […]