Time to Rethink Your Social Security Plan

Once a year, we honor those who work with a day of respite called Labor Day.

And most of us dream of a much longer rest from toil, known as retirement.

Federal Reserve Chairman Alan Greenspan, however, has once again intruded on our daydreams with a reality check, warning as he did recently that the Social Security Insurance system would be running short of money in the next decade as much of the huge baby boom generation retires. Pensions might shrink, and the age for full retirement benefits, already on the increase from 65 to 67, could be ratcheted even higher. ...