retirement

Reflections On Retirement

by RDavis | Living

I have had over eight years to learn something about the stage of life that is called retirement. Sadly, in this country retirement is almost totally a financial issue and not everyone has the means to be able to set a date when they will no longer work for a living. The numbers have to work and living solely on Social Security is pretty close to impossible in today’s economy.

According to the Center for Retirement Research at Boston College, half of all Americans would have to lower their standard of living in order to retire. That means that those 50% of Americans have no retirement savings and they face the prospect of having to have an income from work for the rest of their lives.

Retirement Open House for Therese Marcy

by Brooks Memorial Library | Books

Please join us for a Retirement Open House in honor of  Therese Marcy To celebrate 28 years of dedicated service at Brooks Memorial Library Thursday, December 20, 2018 2:00 p.m. – 5:00 p.m. Brooks Memorial Library, Main Room

Cookies and punch will be served, and we hope you will all stop by to visit on Therese’s last day!

GOP Has No Plans for Elderly Americans

by tomaidh | Economics

Republicans have never liked Social Security, going all the way back to August 14, 1935, when President Franklin D. Roosevelt signed the Social Security Act into law. For decades, congressional Republicans, rigorously supported by Republican presidents, have been attempting to steal the trillions from the “lock-box” of the self-sustaining Social Security Trust Fund.

The principle message of Social Security’s opponents, perpetrated since Roosevelt’s signature was dry, is the blatant lie that the checks are handouts forced from unwilling taxpayers. In reality, these payments come from the workers’ own earnings with 6.2% of gross withheld and deposited in special mandated savings accounts authorized by the “Federal Insurance Contributions Act” (FICA).