Headlines
You’re finally retired!! Now what?
The excitement builds to a crescendo in the months preceding when you actually retire, but what happens when that day you’ve been anticipating for so long actually arrives? This Forbes article by Robert Laura offers some very practical advice for…
Should you wait until your full retirement age to start Social Security?
Yes, I know that it’s very, very tempting to apply for your Social Security benefits “because you can”, and you may even harbor some doubt which leads you to take the money now in case it’s not there later. In…
What do you want in your retirement?
Far from the old dream of a rocking chair on the porch, today’s retirees are looking for a lot more than their predecessors. With retirement now often being 25 to 30 years of post-career living, and with longevity now much better than…
Planning for retirement in your 50’s
Age 50 is a wake up call for many people who’ve spent a lifetime thinking that retirement was something they didn’t yet need to worry about. All of a sudden, your retirement can be seen on the not too distant horizon, and…
Persistence pays off when dealing with flawed advice from Social Security offices
Although this Investment News article by Mary Beth Franklin is targeted for financial advisors, the story is an excellent example of how to overcome flawed advice from workers at your local Social Security office. Sometimes even Social Security Administration supervisors get…
The trend now seems to be waiting to collect Social Security
Only a few years ago, nearly half of people nearing retirement age said they planned to start Social Security as soon as they are eligible, but the trend now seems to be moving towards waiting. Much of this has to do with…
Starting in 2020, the Social Security Trust Fund starts to shrink
According to most experts, starting in 2020 Social Security will start paying out more in benefits than it receives in revenue That means that the Trust Fund, now at $2.8 trillion and the source to make up the difference, will start…
New Medicare cards coming – watch out for scams!
Congress has mandated that, over the next two years, the Centers for Medicare and Medicaid Services (CMS) issue new identification cards which don’t use your Social Security number. While this is meant to protect beneficiaries from identity theft, it also…
When to Start Your Social Security Benefits
No matter where you are between the age 62 and 70, you can start your Social Security retirement benefits. Also remember the longer you wait within that window, the larger your monthly check will be. However, depending on your personal life…
Making the Right Assumptions in Retirement
According to a study by the Financial Industry Regulatory Authority (FINRA), only 39 percent of Americans have tried to figure out how much they need to save for retirement. For those who actually do take action sooner, they typically seek…