Reuters - U.S. Social Security payments will exceed receipts this year for the first time in 27 years partly because of the impact of the recession but the long-range health of the program was little changed from last year, a government report said on Thursday.

The Motley Fool - There%27s been a lot of turmoil and gnashing of teeth surrounding recent health-care reform, but even in the absence of reform, it%27s hard to deny that the health-care sector will play an increasingly important part in all our lives in the future. Though we have yet to see how these new measures will play out in the real world, you can%27t argue with demographics. A growing elderly population, especially as the first wave of baby boomers retires, means an escalating demand for health-care services.

Reuters - President Barack Obama is expected to renominate Peter Diamond to become a member of the Federal Reserve Board, a White House official said on Friday.

Reuters - Christina Romer, one of President Barack Obama%27s top economic advisers, said on Thursday she was stepping down, an exit that comes as the White House struggles to keep the recovery on track with congressional elections looming in November.

AFP - Wall Street will keep a close eye on a key Federal Reserve policy meeting the coming week amid concerns the US economic recovery could stall following larger-than-expected job losses.

Reuters - President Barack Obama is considering economic adviser Austan Goolsbee and Laura Tyson, a senior economist in Bill Clinton%27s White House, to take over as one of his top policymakers, an administration official said on Friday.

U.S. News & World Report - Most young people who are just starting out don%27t have a lot of money to save or invest--much less pay a professional to advise them on how to save and invest. But some experts say financial guidance at a young age is worth the cost. Yuval Bar-Or, founder of The Light Brigade, an Ellicott City, Md.-based company that offers financial literacy consulting, says financial planners are a good resource because they can examine your complete financial picture. "A planner can help by using their knowledge ... to come up with a game plan. ...

U.S. News & World Report - We discuss the importance of saving and investing for retirement so often that we sometimes forget the importance of other areas of our lives. While tucking away enough money is important, having a comfortable retirement is so much more than just having enough money to draw on. Here are five nonfinancial ways we all need to plan for retirement.