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Retirement: Signing up for Medicare Isn’t Easy
You are eligible for Medicare when you turn 65. But these days, the decision to sign up is not a slam-dunk. The decision to sign up or not may depend on whether you’re receiving Social Security benefits and whether your…
SSA Shows Off Agility in Responding to Citizen Needs
The Social Security Administration is slowly breaking down its reputation as being stuck in the old world of customer service of snail mail and plain-old telephones. The MySSA portal is quickly becoming the entry point for modernizing applications for the Web. The…
How Taxes and Debt Upend the 4% Retirement Rule
The overused and oversimplified 4% rule is misused so often that it’s important to understand what it means, particularly as it relates to inevitable large single event expenses or tax and debt payments. The 4% rule implies that a new retiree…
Knowledge Transfer Plugs the Retirement Brain Drain
There is plenty of evidence to suggest that Baby Boomers are staying in their jobs longer. A longer life, better health, and a desire for more retirement savings are prompting people to keep coming to work past the conventional retirement…
Crucial Investment Decisions in Your 50s That Can Make-or-Break Your Retirement in Your 60s
Your 50s are often your top-earning years, since by that time you have achieved expertise in your field and may be trusted to make decisions for your company. However, due to competing expenses, your 50s can be tough on your retirement…
Ready for Retirement?
Disappearing pensions, continued corporate downsizing and stubborn unemployment combine to ignite great concern that many folks still don’t save enough for retirement. Maybe you’ve given up trying to realistically assess your future costs or you simply still spend too much…
Your Greatest Risk to a Secure Retirement: Living Longer
Living beyond 90 will be the norm for millions of U.S. workers, government estimates show. Yet most workers say they would like to retire before age 65. Although living longer can be a blessing, it also means that an increasing number…
Voya Financial Study Reveals How Americans Score on Their Retirement Readiness; Reinforces the Importance of Planning
Voya Financial, Inc. (NYSE: VOYA), released findings today from a new study — the Voya Retire Ready Index™ — which measures the retirement readiness levels of Americans who are either working or recently retired. The study shows how each group of…
Being Old in 2040 Will Be No Fun
Current trends in demographics and national budgets will leave the elderly of the future in dire straits. There are times when it’s good to be young – the 1960s, with its prosperity and hedonism, was one such period. Being old…
The Boomers Retirement Income
According to a report by Bankrate.com, Boomers are retiring at the worst time in a generation. They cite the low yields on bonds and stock dividends which they believe will prevent retirees from having enough fixed income in retirement. Their survey…