As members of the baby boom generation age into retirement — approximately 10,000 Americans turn 65 every day — more and more are relying on pension benefits for their main source of income. Millions of aging teachers, firefighters, sanitation workers, and other state and local government employees depend on the income owed to them through defined benefit pension plans. Such plans require employees to contribute a portion of their salaries to a pool of funds that is invested

Video was Published on YouTube by Bix Weir | RoadtoRoota What do you think that the U.S. Treasury's freeze on minting American Silver Eagles will do for their value? Why do you think the powers that be, who can manipulate the COMEX that is, would do this? Cui Bono? Who Benefits? How can you benefit from this knowledge? Where can you build a retirement nest-egg with jurisdictional security coupled with cooperative opportunities that create generational cash flow beyond yourse

An alarming number of older Americans are being forced into bankruptcy, as the rate of people 65 and older who have filed has never been higher - at three times what it was in 1991, while the rate of bankruptcies among Americans age 65 and older has more than doubled, according to a new study by the The Bankruptcy Project. Older Americans are increasingly likely to file consumer bankruptcy, and their representation among those in bankruptcy has never been higher. Using data f

Updated 2215 GMT (0615 HKT) June 5, 2018 ​New York (CNN) In 16 years, Social Security will have to cut benefits by 21% if lawmakers do nothing to cure the program's long-term funding shortfall. That's what the Social Security and Medicare trustees projected in their 2018 annual report released Tuesday. The trustees estimate that by 2034 the combined trust funds for Social Security — which help fund the old age and disability programs — will run dry. At that point Social Secu

There has been a longstanding narrative in economic circles that no matter what crisis occurs the U.S. dollar is essentially invincible. I have never been one to buy into this assumption. Reason 1: Because I remember distinctly just before the derivatives and credit crisis in 2007/2008 the majority of mainstream economists were so certain that U.S. housing and debt markets were invincible, and they were terribly wrong. Whenever the mainstream financial media are confident of