Headlines
Delaying Social Security Filing? Some Thoughts on Ways to Accomplish it Strategically.
Folks aging into Social Security eligibility have a very basic decision to make: When to file. Early filing (i.e., prior to Full Retirement Age) means a reduced benefit, while deferring up to four years beyond FRA provides a substantial income boost.…
Three Primary Ways Social Security Generates Income
Do you know exactly how the Social Security program is able to generate nearly $1 trillion in income each year to disburse out to seniors, their families, the disabled, and survivors? The attached article takes a closer look at the…
Strategies to Help Maximize Social Security Benefits
When to start collecting Social Security should be important to every beneficiary because if you do not nail when and how to file for this benefit, you may be throwing away big money. In Margaret Price’s article appearing on Investor’s…
Is There Benefits to Renting Instead of Owning a Home When Your Retire
A recent study by Credit Sesame found that 33 percent of baby boomers and 46 percent of seniors 65 and over are deciding to rent rather than own a home. In Maurie Backman’s column for the Motley Fool, she looks…
Do You Suffer from the “What If” Syndrome?
Many retirees have trouble transitioning from saving to responsible spending. They become paralyzed by the “what if” syndrome. These retirees are uncomfortable spending money unless all of the possible outcomes are considered. They live in a prison of fear of…
HSAs can Build a Tax-free Retirement Stash
According to HealthView Services, a software firm specializing in health-care cost projections, for a 65-year old couple today their lifetime out-of-pocket health-care expenses in retirement – including Medicare premiums, supplemental insurance, and dental coverage – is going to eat up…
Why Early Retirement May Not Be a Good Idea
Fifty-one percent of Americans retire between the ages of 61 and 65, and another 18 percent leave the workforce even earlier than that. Unfortunately, some people are forced out of the workforce due to a job loss, the inability to…
Is There a Fix to Social Security Recurring COLA Underperformance?
This year’s COLA increase could be the highest since 2012, but it’s still disappointing. Social Security’s COLAs are based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) which tends to put a pretty strong emphasis…
Another Call for Bi-Partisan Social Security Reform
Citing projections from the recently-issued 2017 Social Security Trustees Report, The Motley Fool’s Sean Williams issues a call for bi-partisan action in Congress to address the program’s troubling solvency problems. Williams reiterates the Trustees’ position that a substantial benefits cut…
Phased Retirements–An Approach That Doesn’t Seem to Be Taking Off?
Investpoedia defines “phased retirements” this way: “A broad range of employment arrangements that allow an employee who is approaching retirement age to continue working with a reduced workload, and eventually transition from full-time work to full-time retirement. Phased retirement may include a…