Latest News
Social Security–A Strategic Accounting Piece of Retirement Planning?
In an article titled “Social Security: for most Americans, the elephant in the room is a mouse,” columnist Jimmy Rodefer of the Journal Media Group takes an in-depth look at Social Security and the role that it plays–and should play–in…
Will 2017 be a repeat of 2016’s Zero Social Security COLA?
The rules for a comparative “look back” to set COLA rates may again produce a lower-than-needed adjustment for beneficiaries in 2017, according to The Motley Fool’s Dan Caplinger. Since the rules call for a comparison of the summer months’ price…
Don’t Rely Solely on Social Security
Many people fall in to the trap of relying totally and completely on Social Security in retirement. Social Security was never meant to be the sole source of income after retiring, it will take a solid retirement plan to keep…
Call for Change in How COLA is Calculated
The current system of COLA and Social Security benefit’s yearly increase is being put under the microscope. Many are calling the current system of the CPI-W out on being inaccurate as far as how the elderly spend their money because…
New Legislation Proposed for 2016 COLA
Many legislators have been scrutinizing how COLA is calculated in regards to the yearly Social Security raises. With this year marking the third year in the past ten without a yearly increase, many think we need to reassess how the…
Extra Income in Retirement
Technology is helping seniors realize new ways to earn extra income during retirement. This income is used for any extra expenses including holiday shopping, vacations, or any other surprise that may pop up. There are many different ways to make…
Avoiding Pitfalls While Navigating Social Security
It is no secret that the Social Security system is so convoluted and confusing that the layman cannot possibly know every loophole that they can take advantage of, let alone common mistakes that may end up costing them dearly. Luckily,…
Where to Live in Retirement
Smart Asset just recently released a list of the top ten states to move to in retirement. This financial advice company took many considerations in to mind when compiling the list, most notably how the states tax the seniors living…
Looking for Employment as a Senior
Planning a career change or just finding a new job in later years can seem like a daunting task. The job market is pervaded with ageism and it can be difficult to find a new job while competing with all…
Modern Retirement
Retirement looks much different today than it used to look. The biggest difference is Baby Boomers are continuing to work after retirement. This is not always because they need the money, but because they need something to keep them occupied.…