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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.…
Why COLA Might be Wrong
Many people are in arms over the report that there will be no increase in Social Security benefits in the next year, but the problem may be on going unless the way COLA is calculated is changed. Some experts argue…
Baby Boomers in Retirement
The Baby Boomer generation has saved more, invested better, and retained a higher quality of life than the generation before and after them. The wealth of the Baby Boomer generation will live on to affect Generation X and the Millennials…
Banking on Pensions for Retirement
Pensions may be one of the best ways to secure a sustainable retirement. These defined benefit plans offer peace of mind in retirement by maintaining a set quality of living while also being relatively low risk for investment. They do…
The Truth on the Politics Surrounding Social Security
There are many myths and factoids in the Social Security arena that simply aren’t true, yet they are widely believed and spread as truth. As in anything, a little superficial research can go a long way in to educating one’s…
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…