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What Many 65-Year Olds Don’t Know About Medicare
(By – Howard Gleckman, Forbes) You know the old mantra: When you turn 65 you are eligible for Medicare and Social Security. But matters are no longer that simple. And because growing numbers of older Americans are not taking Social…
Workplace Inequalities Force Women To Plan For Retirement Differently
(By – Jamie Hopkins, Forbes) With over sixty million baby boomers reaching age 65 in the next twenty years, many people are just beginning to plan for the vast challenges and opportunities presented in retirement. While proper retirement income planning…
Change in Medicare numbers can be bonanza for scammers
(Source – Dayton News) Congress passed a bill in April 2015 to replace the Social Security numbers on Medicare cards with a randomly selected number. They have four years to set up the system for new cards, and four more…
Should the U.S. raise the Social Security retirement age?
(By – Moneytips.com) If you want pure entertainment, put a bunch of politicians in a room full of seniors and discuss raising the Social Security age. Chaos will ensue. The stereotypical political arguments will probably break out. Republicans are all…
3 Retirement Loopholes That Are Likely to Close
(By – Liz Weston, Money) The government has a knack for catching on to the most popular loopholes. There are plenty of tips and tricks to maximizing your retirement benefits, and more than a few are considered “loopholes” that taxpayers…
Name That Scam: Beware of government-like websites
(By – Danielle Serino, 19 Action News) There are many websites out there promising to help you get through government red tape — for a fee, of course. It’s often for services you can get for free. They even look like…
The Boom In Disability Benefits
(By – Neil Howe, Forbes) In 2013, NPR covered the rise of people on disability insurance (DI) in the United States. The piece depicted a program that was outdated and abused—sparking a media firestorm that culminated in a rebuttal signed by…
Medicare: Where Does U.S. Rank in Senior Health?
(By – By Sean Piccoli) Seniors in the United States, the core population covered by Medicare, generally consider themselves to be in good health, based on studies of self-reported health among seniors in several countries. And it’s a question that’s being…
Baby boomers: We need to talk about money
(By – Erin E. Arvedlund) Love and money: For a committed couple, don’t they mix? Among thirty- and forty-somethings, yes. Baby boomers, not so much.Fidelity Investments last week issued a stunning survey revealing that many older couples don’t talk frankly with each…
How to view Social Security vs. a long-term stock portfolio
(By – Wade D. Pfau, Ph.D., CFA) MarketWatch columnist and colleague Robert Powell recently shared an intriguing question with me from one of his readers on the merits of the Social Security retirement payout versus the returns on a conservative, long-term…