Latest News
Bernie Sanders Labels Zero COLA Unacceptable
Calling for a substantial change to the formula used by the Social Security Administration to calculate inflation, presidential candidate Bernie Sanders cited increases in senior poverty rates and increased reliance on Social Security benefits as indicators that benefits are not…
One way to mitigate the impact of a zero COLA
Some Social Security beneficiaries have discovered an approach to making the absence of a COLA next year a manageable thing…become an ex-patriot. In an article titled “No COLA? No Problem in These Top Retirement Havens” posted on www.huffingtonpost.com, Kathleen Peddicord presents information…
How Baby Boomer’s Retirement Affect Younger Generations
Baby Boomers are starting to retire in large numbers, prodding J.P. Morgan Asset Management to conduct research on how this will affect the market economy. Their research shows that on average, Baby Boomer’s assets total higher than the generation prior…
No Benefit Increase Actually Benefiting Some
Many are concerned because of the recent reports that there will be no increase to Social Security benefits this year. Many more are concerned about their Medicare premiums rising in price at the same time. However, for those on other…
Working in Retirement
It may be a good idea to get a part time job in retirement for a number of reasons. Many people had to dip in to their savings during times of financial trouble or during the recent recession, this may…
You are Responsible for Your Own Retirement
The majority of business owners do not have an adequate retirement plan in place for their workers, it is becoming more and more the sole responsibility of the individual to plan for their own retirement. It has always been on…
Stretching Your Dollar in Retirement
Many people in retirement find themselves living on a reduced income than what they are used to in their working years and find themselves having to dial back a bit in order to make sure their savings last them the…
A Worldly Retirement
The internet has helped many retirees to realize their dreams of travelling the world. More and more retirees are digging up stakes and going on more than a vacation. They are using the internet to stretch their money in to…
Regional Variations in Medicare Costs Being Studied
It’s not a new issue, and a recent study by the Kaiser Family Foundation highlights the very real discrepancies in the cost of Medicare treatment across the country. With a nearly 100% differential calculated in comparing the 20 highest spending…
Social Security Administration Encourages Statement Check
In the spirit of “International Skeptics Day,” Social Security Administration officials suggest that establishing (and using) a personal account will go a long way toward removing any doubt about your expected benefits. Trevor Drozdowski, in an article posted on www.heraldcourier.com, advocates creation…