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Important age milestones for planning your retirement
There are some very important age milestones for you to be aware of when you’re approaching retirement – milestones that, if you’re unaware of, could cost you a lot of money. This Motley Fool article by Maurie Backman discusses five…
Boost your Social Security benefit by waiting to apply.
When to retire and begin collecting Social Security is a question most frequently asked, and most people know that the longer you wait, the more your benefit will be. But do you know how much more, and how continuing to work beyond the…
Thinking about retirement? Make sure to look at your finances before deciding.
Thinking about retirement can be scary, and many people tend to be overly optimistic. So, before deciding, it’s important to take a serious look at your financial situation to make sure you can afford it and won’t outlive your money.…
Enrolling in Medicare isn’t always a simple decision
It used to be that enrolling in Medicare was a simple decision made when people retired and started collecting Social Security at 65. But things are a lot different now, with many people working well beyond Social Security’s normal full…
Protecting Yourself from Identity Theft Harm
If you’ve been following the news closely, you’ve probably noticed what seems like a never-ending stream of grave reports about compromised Social Security numbers. It’s a situation that’s not as isolated as it was, say, a decade ago, and the…
The Next Generation to Worry About Retirement
Right now, most of the talk is centered on Baby Boomers when discussing retirement. Generation X is also feeling the pressure. The Great Recession hit Baby Boomers hard, with many having to dip in to savings to stay afloat, but…
AMAC Hosts its 4th Annual Award Reception
On September 23rd the 1.4 million member seniors’ organization, The Association of Mature American Citizens (AMAC), hosted its 4th Annual AMAC Award Reception. With over 200 people cramming the Budget Committee Hearing Room, AMAC presented its highest honor to Representatives…
Women Saving for Retirement
A recent report from Congresswoman Carolyn Maloney detailed the troubles faced by women in the Social Security system and retirement. The report found that on average women earn $10,800 less than men each year while working, totaling as much as…
Why Social Security Matters to over 60 Million People
More than 60 million people rely on Social Security benefits to make ends meet. But it’s well known that Social Security’s long range outlook reveals concerns about future benefits being affected. This Miami Herald article by Associated Press reporter Stephen…
Living in Retirement Without Savings
The most important part of a secure retirement is having ample savings. Most experts agree and regularly discuss the importance of this, typically stressing the consequences of ignoring this advice. There are, however, many examples where retirees live comfortably on significantly less savings…