Headlines
Longer Life Spans and Social Security
There are many variables that make up the statistic of average life span. Generally when dealing with averages you are taking in to account a large group of people that covers many different demographics, however, the nature of anonymity means…
The Plight of America’s Seniors and Veterans
In an article titled “Times get tougher for seniors, veterans,” reporter Chris McKenna of the Times Herald-Record takes a look at the impact that a zero COLA is having on specific segments of the American public, and highlights pending legislation designed to potentially alleviate…
Being Magnanimous in Retirement
The new budget deal in the last month of 2015 had many facets to it. One of those facets dealt on how charitable donations were handled from IRAs. Under these new rules it is now possible for retirees at least…
When to Start Receiving Benefits
Your Social Security benefit increases each year that you delay collecting it between 62 and 70. The difference between benefits at 62 and 70 is as much as 76%. However, there are many more variable to take in to consideration…
The Current Case on Social Security
President Obama chose very careful verbiage concerning Social Security during his State of the Union Address. He carefully and deliberately chose the word “strengthen” when talking on this topic, neither siding with nor shunning any of the proposals currently popping…
Maximizing Your Social Security
Many were thrown a curveball with the recent changes to Social Security filing strategies leaving them scrambling for answers. Most were not lucky enough to get grandfathered in under the new rules and must now reevaluate their retirement plans. This…
Retiring on a Budget
Many experts throw around arbitrary savings numbers to shoot for in order to sustain an expected quality of life in retirement. One commonly quoted amount is $1 million. This is unrealistic for many people and is by no means the…
Getting the Most Out of Social Security This Year
The recent changes to Social Security have left many wondering how to maximize their benefits under the new rules. Unfortunately, many of the popular ways to strategically file for Social Security in the past have been patched up and are…
Unique Quandaries Facing Single Women in Retirement Planning
The implications of lower earnings and lessened savings opportunities, coupled with disparity in life expectancy between men and women, present some substantial hurdles for single women as they deal with the financial planning aspects of retirement. An article posted on news.investors.com…
Rules Pertaining to Collecting Spousal Benefits
Many do not know the full rules regarding the collection of spousal benefits from Social Security, and as a result may be leaving a lot of money uncollected that they are entitled to. You are entitled to spousal benefits if…