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Trump has chipped away at the long-standing wall between church and state. It's just the beginning CNNTrump's Religious Liberty Commission sued over lack of diversity USA TodayAU & allies sue over Trump administration's biased ‘Religious Liberty Commission' Americans UnitedTrump's Religious Liberty Commission sued by interfaith coalition alleging bias toward Christianity Christian Post
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Trade or trap? Japan investors bet on Takaichi after landslide Financial TimesThe world's most powerful woman The EconomistSanae Takaichi Wants to Make Japan Great Again. It Won't Be Easy. Time MagazineSanae Takaichi Has Everyone Shutting Up Bloomberg.comMorning Bid: Dancing in the dark Reuters
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Global businesses are feeling better at the start of this year. While it is premature to conclude that business sentiment is definitively on the mend, this improvement is encouraging. Businesses are meaningfully more upbeat in their responses to the broad questions concerning present business conditions and prospects for business through this summer. The most significant blemish in the survey is soft sales, with one-third of respondents saying they are weakening.
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Although you can start collecting Social Security at age 62, you can get much higher monthly payments if you wait as long as age 70. But many people want to or must retire before 70. If you're one of them, consider a possible strategy, backed by recent research, to use your retirement savings to put off receiving Social Security.
Build a Social Security Bridge
New research from the Center for Retirement Research explores retiree appetite for a "bridge" between retirement and collecting Social Security benefits, specifically one where retirees tap 401(k) assets in an amount equivalent to what they'd draw from Social Security on a monthly basis. This stream of payments would continue until age 70 or until the money ran out.
Such an option appealed to a good number of survey respondents; nearly 27% said they'd use it to some extent, even with minimal information about plan details. Among respondents provided with more information on the option, the total climbed to 35%. Researchers also propose a formalized "bridge" plan that employers could offer using 401(k) funds.
SEE MORE Feeling Insecure About Social Security? You're Not Alone.
But why tap those funds? The answer is that any chance to delay collecting Social Security benefits means you'll receive a larger monthly check when you finally do start to draw benefits.
How Much Can You Increase Your Social Security by Delaying Benefits?
As a rule, retirees must decide for themselves when to begin claiming Social Security benefits.
If they can wait to collect, though
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