Posts Tagged ‘social security’

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    A Social Security Collision

    Jun 20, 11 • 389 Views • No Comments

    Ask a 56-year old and a 26-year old about Social Security and you will probably get very different answers.  In the NY Times, an unemployed 56 year old woman said: “My investments took a bath, then being out of work for a few years–I’m...  [read more]

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    Happy 100th Birthday IBM!

    Jun 16, 11 • 473 Views • No Comments

    Imagine the challenge of implementing the first Social Security system in 1937. 27 million employees and their employers had to be taxed. The basic idea was to collect the money and then redistribute it to current retirees. So everyone got an ID number....  [read more]

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    Savers or Borrowers?

    Apr 5, 11 • 472 Views • No Comments

    In 1987, a $100 savings account would have earned close to $9 in interest. In 2005, $3.75 or so. Now, maybe 47 cents? The WSJ, had a good article describing how savers are suffering. The retirees who expected to depend on interest income until they died have...  [read more]

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    Peanut Butter Prices

    Mar 25, 11 • 495 Views • No Comments

    Let’s say that you saw the price of Skippy peanut butter, Tropicana orange juice, and Quaker oatmeal went up. Would you be concerned about inflation? In a recent paper, researchers from Yale and the University of Chicago said it is a bit more...  [read more]

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    We Are Living Longer

    Mar 20, 11 • 326 Views • No Comments

    Using data for 2009 from death certificates in all 50 states, the national Centers for Disease Control has concluded that we are living longer. A male infant’s projected life span has risen .2 years to 75.7 while a female infant’s life expectancy...  [read more]