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Investing for Retirement – Pitfalls to Avoid
As the Baby Boomer generation starts to retire, they are starting to put more focus in researching investment options that will sustain their lifestyle after work. One of the most common mistakes being made is investing too much in to…
Standard of Living Declines as Quality of Life Rises
Most of the Baby Boomer generation agrees that their children will not be as well of as they are. Many cite the increasing cost of taxes and healthcare combined with stagnating wages in most careers. Experts are noting, however, that…
Resist the Urge to Tap Into Your 401(k) Early
Baby boomers were the most likely to dip in to their retirement fund early according to a recent survey from Bankrate.com. Almost a fifth of those that did said they used the money for an emergency expense, showing how important…
May Be No Cost-of-Living Increase for 2016
2016 may see no increase in payouts for Social Security Benefits. Benefits have been on a schedule of yearly increases since 1975 in order to combat inflation. The increases are tied to Cost of Living calculations according the Consumer Price…
Some things to think about in advance of Medicare Open Enrollment
In an article posted on www.record-eagle.com, Certified Senior Advisor Fred Goldenberg provides some covers some key points for participants to ponder as they prepare for this annual exercise. Read the article here… Notice: The link provided above connects readers to the full content…
Skepticism on longevity annuities for retirement
They’ve been around for quite awhile, but longevity annuities are still largely avoided in the financial plans of current and future retirees. In an article titled “The Brilliant Retirement Idea That Nobody Likes” posted by Ian Salisbury on time.com, the…
A look at the interest rate dilemma facing seniors
It’s no secret…interest rates are so low they do not provide any real measurable income for seniors whose retirement plans included an income stream from accumulated savings. With current rates providing earnings that do not even cover inflation, and are further…
Social Security and its importance to you
There are several key reasons why Social Security is, and will continue to be, a key part of older American’s retirement planning. Dan Caplinger provides some thoughtful analyses in an article titled “3 Surprising Reasons Social Security Is Vital to…
84 Million Healthcare Accounts Hacked
The beginning of 2015 saw a shift in hacker targets from the retail sector to the healthcare sector. Lax security in the healthcare industry has allowed 34 percent of all accounts to be breached, overtaking government at 31.4 percent. The…
Taking a look at voter frustration
The 2016 election cycle is clearly heating up, and it’s somewhat of a novelty this time around that the front-runners in various polls are candidates with no political experience. This says something, and USA Today’s Editorial Board provides some thoughts…