Latest News
Raising Medicare’s Eligibility Age Could Trigger Gov’t Savings, But Tally Higher Total Health Spending
Healthcare spending for some services dropped by nearly a third when people turned 65 and switched from private insurance to Medicare, according to a recent study. The decline was driven by lower prices paid by the Medicare program to doctors…
Surprise! Both Political Parties are in Agreement
In rare and unanimous opposition from both chambers of Congress, the proposed Obama administration experiment to change the way doctors are paid to treat Medicare patients with serious illnesses is being challenged. The House is calling on Centers for Medicare…
Turning 60? Here are some things to think about…
Investment adviser Kenneth B. Petersen, in a post on www.montereyherald.com, provides some checkpoint-type hints relating to pre-planning eventual retirement strategies. Check out his thoughts here… Notice: The link provided above connects readers to the full content of the posted article. The…
An Update on Restricted Applications
In the wake of recently-implemented changes in several key filing strategies, an article posted on wealthmanagement.com provides an update on the rules now relevant to “restricted applications filed by those born on or before January 1, 1954. Read the article here……
Handling Pensions
Those with pensions may be given the choice to take their pension as a lump sum all at once or as monthly payments in retirement. There are pros and cons to either decision and one that should not be made…
Planning out Retirement
Having a plan is a crucial part to retirement that many people tend to skip. While retirement can seem like a prolonged vacation compared to your working years, the more work you do now to secure it the less you…
A Look at the Retirement Savings Dilemma
The lack of savings for retirement years is an often-reported problem–one that looms large in the horizon for many people aging into their later years. But why is it so hard to save? In an article by Wisconsin Public Radio posted…
For Hospitals, Prestige Leads To Profits
When it comes to hospitals, which benefit most from high health care prices? It may sound counter-intuitive, but a group of not-for-profit hospitals appear to be among those doing the best business. At least, that’s the idea in a study…
Where Will You Retire?
One of the more important questions to ask yourself about retirement is where you will go. Are you planning on relocating or staying put? Many variables are taken in to account when people ask themselves this question. Most revolve around…
Reliance on Social Security as a Major Source of Income
90% of retirees rely on Social Security to keep them afloat in retirement. This includes those that use Social Security as their sole source of income, a major source of income, and a minor source of income, however each of…