UNCOVERED: 21 - The Untold Story

You Have Enough Money to Retire — But Do You Have Enough Money to Stay Retired?

A retirement account can reach a number that looks wonderfully reassuring, yet that number does not guarantee a retirement that lasts. Having enough money to retire means having enough resources to leave work; having enough money to stay retired means making those resources support a life that could last for…

The Free Financial Advisor · Aug 20

As U.S. debt hits $40 trillion, Americans will foot the bill: Report finds $700 a month is at stake for retirees, and poses $53,000 hit to families

"Addressing the national debt deserves to be a high priority for both voters and lawmakers, to benefit all Americans."

Fortune · Aug 20

Your Parents Won’t Talk About Money — Here Are 6 Things You Still Need to Know Before There’s an Emergency

Your parents don’t have to tell you how much money they have in the bank. But if Mom suffers a stroke tomorrow, would anyone know which company holds her homeowners insurance, how the mortgage gets paid, where her power of attorney is stored, or whether someone actually has legal authority…

Budget and the Bees · Aug 20

Nikki Haley Warns Social Security Could 'Go Bankrupt' in 5 Years as US Debt Surges Past $40 Trillion: 'Past a Crisis Situation'

Former UN Ambassador Nikki Haley warned that Social Security faces a looming funding crisis as the U.S. national debt surpassed $40 trillion, intensifying concerns over the government’s fiscal outlook.

Benzinga · Aug 20

US debt tops $40 trillion - $20 trillion since Trump first took office

The US national debt has crossed the $40 trillion mark for the first time, according to Treasury data showed on Wednesday. The milestone comes as rising spending on defence, Social Security and Medicare, alongside mounting interest payments, pushes federal borrowing to a record level.

The Times of India · Aug 20

US debt crosses $40 trillion threshold after doubling under Trump and Biden

United States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies of Donald Trump and Joe Biden. Growing costs for social programs and interest payments are outpacing revenues. Tax cuts have constrained government income, contributing to the rising debt. Budget watchdogs…

The Economic Times · Aug 20

Property-owning pensioners could get less public money

A change to the nation's deeming rate from September will decrease the pension offered to seniors who own assets.

AAP · Aug 19

If You Become Incapacitated, Who Can Access Your Bank Account?

Most people know what happens to a bank account after its owner dies, or at least know that wills, beneficiaries, and estate rules come into...

Saving Advice · Aug 19

The Biggest Tax Opportunities for Retirees Under the OBBBA — and How to Make the Most of Them

OBBBA tax breaks can help you preserve more of what you've saved for retirement. Tax planning can ensure it keeps working for your family after you're gone.

Kiplinger · Aug 19

Exclusive: Marjorie Taylor Greene Warns Social Security Will Go ‘Bankrupt’—But Wall Street CIO Backs Scott Bessent Amid 30-Year Yield Surge

As the U.S. 30-year Treasury yield surged past 5.27%—reaching levels not seen since 2007—former Congresswoman Marjorie Taylor Greene voiced concerns over expanding national deficits, warning that Social Security will go “bankrupt in 2032.” However, prominent Wall Street figure Louis Navellier dismissed fiscal panic, backing U.S. Treasury Secretary Scott Bessent and…

Benzinga · Aug 19