The Flickr Retirementsecurity Image Generatr

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-24-105862

Retirement Security: The U.S. Virgin Islands' Pension Plan Faces Risks Paying Government Employee Benefits

Gambling with your retirement money is not a game you should play! Financial Planning Expert, Jay Kirkwood, divulges information on how Wall Street continues to ruin retirement for American citizens and what retirees can do to stop it! View more for amazon kindle or paperback here – www.amazon.com/dp/B09Y2V6GVH OR Visit - www.mybookmybiz.com/

Saving for retirement can be a bumpy experience if not done properly. Retirement planning expert, Brad Rhodes, shares some of the most common pitfalls and how to avoid them. He weaves memorable stories with his down-home style that makes you want to pull up a comfortable chair and sit awhile. Planning your retirement doesn’t have to be intimidating when you follow what Brad teaches. View more for amazon kindle or paperback here - www.amazon.com/dp/B09M97CF1L

Are you playing “Retirement Roulette"? Many people are and are not even aware they are gambling with their retirement nest egg! Dan Sullivan has spent his career helping people like you plan effectively and avoid the pitfalls that can wreck your retirement. View more for amazon kindle or paperback here – www.amazon.com/dp/B08ZL6VRRY/

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-17-102

RETIREMENT SECURITY: Improved Guidance Could Help Account Owners Understand the Risks of Investing in Unconventional Assets

a) Retirement account owners or other disqualified persons are not permitted to benefit from an IRA other than as a vehicle to save for retirement. Disqualified persons include, for example, a person providing services to the plan and certain family members of otherwise disqualified persons (spouse, ancestor, lineal descendant, and any spouse of a lineal descendant).

b) IRA owner may decide to reinvest assets in another taxable arrangement after paying any applicable income taxes associated with an early distribution and additional excise taxes.

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-16-408

RETIREMENT SECURITY: Low Defined Contribution Savings May Pose Challenges

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-16-354

RETIREMENT SECURITY: Shorter Life Expectancy Reduces Projected Lifetime Benefits for Lower Earners

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-16-354

RETIREMENT SECURITY: Shorter Life Expectancy Reduces Projected Lifetime Benefits for Lower Earners

Notes: Non-interest revenues are revenues from payroll taxes, taxation of benefits, and reimbursements from the general fund of the U.S. Department of the Treasury. Total costs include benefit payments, administrative costs, and Railroad Retirement Board interchange costs. (Interest revenue is excluded.) Changes made by the Social Security Benefit Protection and Opportunity Enhancement Act of 2015 may affect these figures. For further information about operations of the combined trust fund, see The 2015 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds, 158-159, www.socialsecurity.gov/OACT/TR/2015/.

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-16-242

RETIREMENT SECURITY: Better Information on Income Replacement Rates Needed to Help Workers Plan for Retirement

Notes: Age groupings are based on the age of the reference person, or the person who rents or owns the home, for the consumer unit. There may be adults in the in the consumer unit who are older or younger than the reference person. A consumer unit can comprise (1) all members of a household related by blood, marriage, or other legal arrangement, (2) a person living alone or sharing a household but who is financially independent, or (3) two or more persons living together who make joint expenditures. For the purposes of this report, we refer to consumer units as households. We did not adjust spending levels for household size. The "other" category of spending includes expenditures for reading, tobacco, alcoholic beverages, education, cash contributions, personal care, and miscellaneous expenses. The "personal insurance and pensions category" includes deductions for government and railroad retirement, private pensions, and Social Security. According to Bureau of Labor Statistics officials, the private pensions category includes defined benefit, defined contribution, and individual retirement accounts. Housing expenditures include expenses such as rent, utilities, and mortgage interest payments, but do not include payments on mortgage principal. For more information on mortgage principal, see appendix II. For more information on Consumer Expenditure Survey expenditure categories and treatment of taxes, see appendix I. For average total spending, 95 percent confidence intervals are less than +/-9 percent of the estimate itself for all age groups.

This image is excerpted from a U.S. GAO report:
www.gao.gov/products/GAO-15-419

RETIREMENT SECURITY: Most Households Approaching Retirement Have Low Savings

Note: For households with no DB plan or retirement savings, we are 95 percent confident that the median financial asset value was between $763 and $1,237, the median annual income was between $17,809 and $20,055, and the median net worth was between $25,227 and $44,293. All other estimates in this figure have confidence intervals within +/- 3 percentage points.

SEIU 721 Ventura County Board of Supervisors Meeting-Standing up for Secure Retirement, June 10 2014. SEIU 721, Firefighters, Sheriffs, Nurses, public service workers.