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The Long-Term Effects of Interrupted Careers and Income Inequality
In an article titled “Learn to maximize Social Security benefits” posted on www.dailylocal.com, elder law and estates attorney Janet Colliton examines the plight of senior women dealing with Social Security benefits in their later years. The article considers the impact of career interruptions…
Early Social Security Sign-up…Another Perspective
Now here’s a different perspective on the frequent advice in the popular media about the “wisdom” of deferring your Social Security sign-up. In an article posted on www.cenlafocus.com, Gray Easterling covers several often-overlooked points that should be considered when making a decision…
Suggestions for Careful Analysis of Retirement Income Strategies
Approaching that retirement horizon means it’s time to carefully examine the options ahead of you and the impact they’ll have on your “leisure years.” From picking a start date for benefits, to understanding the implications of working during retirement years, to…
A Look at the Impact of Income Inequality and What it Means in Later Years
The late-in-life challenges resulting from an uneven playing field are analyzed in an article published by Paula Span of “The New Old Age” on www.nytimes.com, with profiles of two distinct lifestyles and the impact of their ultimate comfort levels in old…
Supplemental Social Security Income – Rules for Noncitizens
Noncitizens can be eligible for Supplemental Social Security Income, as explained in the Social Security Administration’s Publication EN-05-11051. The document explains in detail the immigration categories pertaining to this eligibility, and several additional definitions that are considered to determine eligibility. Check…
Travel Plans in Retirement
Traveling is becoming an increasingly more popular past time for the retired. Traveling’s biggest draws are the time spent with family and the time spent away from the drudge of everyday life at home. Surveys are showing the more and…
Millenials in Retirement Saving
Millenials are starting to take saving for retirement more seriously as the generation ages. Compared to 10 years ago with workers of the same age, Millenials today are investing at a rate 70% greater in to 401(k) plans. Although Millenials…
Higher Learning in Retirement
Some retirement communities are starting to offer more activities for their residents outside of the old stand-bys such as golf and pickle ball. These communities are bringing in lecturers and offering free seminars to their residents and general public on…
Is the Social Security Shortfall Understated?
The Technical Panel charged with examining the Social Security Trustees’ projections for the Trust Fund’s future cash flow has shed a view on the projected shortfall that differs from the long-term projections of the Trustees. While there are several key…
Credit Between Generations
Baby Boomers and Millenials hold differing ideals when it comes to the topic of credit and how they manage it. Millenials as a whole know less about their personal credit history than Baby Boomers do, with less than half of…