Word: socialism
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Dates: during 1990-1999
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...trick, then, is to keep enough money in the safest high-grade bonds (and in cash) so that you can live off that money--along with your Social Security and pension--during any five-year downdraft in the stock market. That way you're unlikely to be forced to sell your stocks when their price is down. Any money you won't need for at least five years should be invested in a diversified portfolio of stocks or actively managed stock mutual funds...
...what your total income is likely to be, start by calculating what you'll receive from Social Security, private pensions and any other sources, such as alimony. The current maximum benefit from Social Security is $16,476 a year, and the age at which you can receive that money is increasing. Beginning next year, the minimum age for full benefits will start its jump from 65 to 66. Beginning in 2003, the age at which full benefits are payable will gradually increase to 67. You can start tapping into your account as early as age 62, but that will reduce...
Next, determine how much money you can expect to get from your pension, assuming you have one. One important question to ask: Will your pension be reduced by the Social Security benefits you receive...
...want to see social security reform grounded in Democratic principles," Sanberg said...
Mitchell said she also saw social security and welfare reform as very important issues for the Democratic party. She said she was interested in representing a demographic group larger than just Harvard students...