Subscribe via E-mail

Your email:


Connect with Smart401k

Smart401K Blog

Current Articles | RSS Feed RSS Feed

4 Questions to Help You Avoid Social Security Mistakes

Social Security Strategy

Shame on you. I know what’s going on. You’ve been trashing your Social Security statement without even a glance or second thought. Or maybe you haven’t begun to consider Social Security’s role in your future retirement. After all, as far as you know, Social Security won’t be around when you retire – that’s what you keep hearing on the news, anyway. So, why bother? 

Well, I’ve got news for you. Although the future of Social Security is certainly unknown – particularly for today’s millennials – there’s a good chance the program will persist in some form. And since half of Americans 65 and older rely on Social Security for at least 50 percent of their family income, you’d be wise to come up with a strategy to maximize your benefits and give yourself the highest retirement income possible.

Here are four questions to ask yourself if you want to avoid potentially leaving thousands of dollars on the table:

Retirement Investing Market Updates – Week Ending 9/12/14


Market News and Notes:

Retail sales swell as shoppers step up spending

Consumer Sentiment in U.S. Rises to Highest in 14 Months

Interesting Retirement Investing Articles:

Retirement Investing Market Updates – Week Ending 9/5/14


Market News and Notes:

Aug. job gains slip to 142,000, fewest of 2014

Beige Book: Economy expands at moderate to modest pace

Transportation buoys new U.S. factory orders in July

Retirement Investing Market Updates – Week Ending 8/29/14


Market News and Notes:

Consumer spending fell 0.1% in July

Aircraft demand spurs record gain in U.S. durable goods orders

Second-quarter GDP revised up to 4.2%

Interesting Retirement Investing Articles:

3 Stages of Saving and Spending in Retirement

Save for Retirement

Do you behave the same way you did 20 years ago? Are your spending habits the same? What about your saving behavior and income?

If the absurdity of those questions made you laugh, you’re like a lot of Americans whose financial habits have evolved over time. The same goes for your retirement years. Although you have probably calculated the value of your nest egg in terms of annual retirement income, what you will be spending immediately after leaving the working world will likely be very different as you move further into retirement.

Retirement Investing Market Updates – Week Ending 8/22/14


Market News and Notes:

Robust manufacturing output buoys U.S. economic outlook

U.S. jobless claims fall, bolster labor market outlook

Consumer prices moderate in July, rising 0.1%

Interesting Retirement Investing Articles:

Retirement Investing Market Updates – Week Ending 8/15/14


Market News and Notes:

Consumer sentiment falls to nine-month low in August

July retail sales flatten on weaker auto sales

A 10.1% surge in auto output lifts industrial production in July

Retirement Investing Market Updates – Week Ending 8/8/14


Market News and Notes:

U.S. auto sales fall short of expectations in July

CoreLogic Reports Home Prices Rose by 7.5 Percent Year Over Year in June

Services in U.S. Expand at Fastest Pace Since 2005: Economy

3 Harmful Mistakes You Can Make When Saving for Retirement

Retirement Saving Mistakes

Retirement planning takes discipline and hard work. Even the best-laid plans can fall by the wayside, and even the most dedicated retirement savers make a few mistakes.

The good news is we can minimize mistakes and correct slip-ups, starting with a few common retirement planning scenarios. Let’s take a look:

Retirement Investing Market Updates – Week Ending 8/1/14


Market News and Notes:

Economy gains 209,000 jobs; jobless rate, 6.2%

ISM manufacturing index surges to 57.1% in July

U.S. economy back on track with strong second-quarter rebound

All Posts