Will Social Security Run Out of Money?

Panicked worried senior unable to look at something scary
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The Social Security system of retirement benefits, begun in 1935, are a crucial underpinning of life for American retirees. For most people over 65, it’s undoubtedly hard to imagine life without this retirement benefit.

About half of Americans 65 or older live in households that depend on Social Security benefits for half or more of their income, says the Social Security Administration. In a quarter of such homes, Social Security checks comprise nearly their entire income.

Since its inception, Social Security has hit periodic financial crises, and Congress has always resolved them with adjustments. Today, Social Security approaches another financial cliff for these and other reasons:

  • The retirement of the huge baby boomer generation
  • Longer lifespans
  • Lower birth rates
  • Growing income inequality

Here’s a quick look at the problem and whether Social Security will be allowed to go broke this time.

How Social Security is

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Voters Just Raised the Minimum Wage in These 3 Places

Worker who earns the minimum wage
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As the nation remains uncertain about which party will control Congress, those who work in three locales across the nation can be sure of a raise, thanks to Tuesday’s election results.

In those three places, voters decided to hike the minimum wage. Following are the two states and one district where you may soon earn more money at your job.

Nebraska

Lincoln, Nebraska
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Nebraska voters passed a measure, known as Initiative 433, to raise the state minimum wage by $1.50 each year from 2023 through 2026. At that point, the minimum wage will top out at $15.

After that, the wage will be adjusted for inflation.

Nevada

Las Vegas Skyline
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Nevada voters appear to have approved a hike of the state minimum wage to $12 an hour, effective in July 2024. That is an increase of as much as $1.50.

The Washington

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Effective Tips in Choosing the Right Trading Platform in 2022

Choosing the right trading platform is like finding the right life partner. The perfect decision will bring you a prosperous future.

Whether a novice trader or a seasoned veteran, you want to trade using an easy-to-navigate platform.

The platform must have all the trading tools necessary to help you make informed trading decisions.

Trading platforms come in all shapes and sizes. Some are downloadable platforms you need to install on your laptop.

While others are browser-based platforms on which you can trade and research financial statistics anywhere you can access the internet.

Choosing the Right Trading Platform

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Some platforms are very sophisticated and cumbersome, while others are straightforward to navigate.

When choosing the right trading platform,

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Direct Selling Companies – Sell for the Best in Any Industry

In recent years, people started doing new-age business called direct selling. Here’s what I have found the best direct selling companies to join today.

Work on your own time. Sell what you want how you want. Share some of your favorites with your favorite people.

Let me a few direct selling companies suitable for you to make money from home.

The motivations for direct selling are largely the same. But what’s most exciting about the industry is choosing the company you want to sell for.

With so many great options, it’s up to you where you’ll invest your time, money, and passion in exchange for modest supplemental income.

Direct Selling Companies List

Some of the biggest and best direct selling companies have proven themselves with their longevity, ethics, and success.

They’re listed below by category. Customers and distributors are consistently happy with their return on investment—and you probably will be too.

Top 4 Best

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80/20 Rule for Blogging Success

Did you know about the formula – 80/20 rule for blogging success? The most effective and efficient blogging blueprint.

In this article, we will discuss the 80/20 rule for blogging success. As you all know, blogging is the most rewarding business available for all people.

Many people are entering into this online business with a view of earning a passive income. And to all people who have just started blogging, I want to tell you one thing— blogging is successful only if you put in the real effort.

No matter what you do. If you wish to grow your blog— you need to have a strategy in place and implement the 80-20 rule to make a significant difference.

It is also known as the Pareto principle (or) the Pareto law (or) the principle of imbalance.

80/20 Rule for Blogging Success

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