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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…
Don’t be Blindsided When You Get to Retirement
In an article titled “Check These 7 Retirement Blind Spots” posted on news.morningstar.com, Christine Benz presents some major turning points that could impact your retirement financing, despite how favorable the numbers look before you take the leap. Read the article here… …
Which states have the highest proportion of Social Security recipients?
You’ll be surprised…it’s not Florida. The Motley Fool’s staff outlines the five states with the highest percentage Social Security recipients, and they’re not where most people would expect. Read the article here…
Redefining the Concept of Early Retirement
Early retirement has been in and out of favor over the past two decades, emerging most recently has a once again viable goal. But it seems “unretirement,” or more correctly “modified retirement,” is more the watchword these days, with many…
Time is Money – Delaying Benefits Nets a Higher Return
Filing for Social Security before full retirement age significantly lowers returns on benefits. Studies show that dipping in to IRAs rather than filing for early Social Security can be more beneficial in the long run. The reasoning behind this boils down…
Strength-testing your retirement plans
In a post on www.cpapracticeadvisor.com, Brittany Thomas summarizes a series of thoughts and suggestions from Certified Financial Planner Travis Chance on the importance of thoroughly testing the financial aspects of your retirement plans. Chance reports that roughly half of pre-retirees do…
The Retirement Planning Challenges of Being Single
Non-married people have a lot of hurdles to face in the process of financial planning for retirement, especially as compared to their married counterparts. It’s a growing issue, with nearly two-thirds of the 18- to 29-year-old population being single, and needing…