The Long Run Blog

Critical Thinking on Money, Finance, and Economics

Quotes on the Dismal Science

Here are some great quotes pertaining to economics and finance I have collected over the years.  Some are witty, some cynical and some are just painfully accurate observations. 

We’ll be off for a few days (maybe, if we can stay away).  Enjoy the long weekend. Read more »

August 28, 2008 Posted by Brett | Quote, Lore, Wisdom | | No Comments Yet

Some ‘Age’ Old Myths about Social Security

Prompted by some great comments on my other post, The Truth About Social Security, I thought it was appropriate to share some more facts about the system.

Myth: The retirement age has not changed since the system was started in the 1930’s.
Fact: While the official retirement age known as “normal retirement age” is still 65, this is only true for participants born in 1937 or before.  For each year after, the normal age increases slightly until everyone born in 1960 or later that normal age is 67.  Full schedule here. Read more »

August 28, 2008 Posted by Brett | Uncategorized | | 3 Comments