It’s official: According to a recent article on CNN Money, you can now expect to receive less from Social Security than what you paid into it them. Here are the figures:
- $600,000 paid in.
- $579,000 in expected benefits.
This will come as no surprise to the skeptics and nay-sayers who have long felt that Social Security has been heading south and in need of some desperate revision.
In the spirit of conversation, I thought this topic would make an interesting “Ask the Readers” topic:
If the government were willing try something different, would you be in favor of the privatization of Social Security accounts?

The following post was provided by guest contributor Matthew Cayless. If you are interested in being a guest contributor for My Money Design, please feel free to
The following post was provided by a guest contributor. If you are interested in being a guest contributor for My Money Design, please feel free to
As I write this commentary, there is still no solution to the Fiscal Cliff situation. In all my assumptions about our budget for next year, I have decided to be realistic and assumed that our taxes will go up. Thank you Washington for dropping the ball.
Now that my wife and I have been
Hostess Brands, the maker of everything I used to love about lunchtime as a kid such as Cup Cakes, Twinkies, and sandwiches made of Wonder Bread, is nearing the end of its existence. Though there are a number of mixed opinions and stories to point blame for the Hostess bankruptcy, most official news reports are citing inability to come to an agreement with the Union. However in contrast,
Guys, let’s face it. We’re kind of bone-heads when it comes to picking out good presents for the special women in our lives. They do so much for us, and we want really badly to show them how much we appreciate it. And so with the clock ticking on the number of days until the big morning, here’s my list of suggestions of Christmas gift ideas for her. Hopefully something on this list sparks an “ah-ha” moment in your head as something you think she will like. Enjoy!
The following post was provided by a guest contributor. If you are interested in being a guest contributor for My Money Design, please feel free to
I always knew I’d come back to you. It’s been over a year now since we
One of the best (and cheapest) things I like to do around Halloween time is to rent a whole bunch of my favorite scary movies. I just love them! I’m always on the lookout for new ones that are well written, brilliantly performed, and … well … scary! While I can admit that a lot of the mainstream horror movies out there fall short of this mark, there have been a few that were exceptionally good.


