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Retiring soon? Rethink your investing risks
The closer you get to retirement, the more attention you need to pay to your tolerance for big swings in financial markets. Here’s how to estimate the level of risk that’s right for you. This may not be the right time…
Elizabeth Warren Says The U.S. Can ‘Save Social Security’ By Passing Immigration Reform
“I believe in that America; I will fight for that America,” Sen. Elizabeth Warren (D-Mass.) fervently cried at the National Council of La Raza’s Annual Convention here on Sunday. The declaration closed the senator’s speech at a town hall that focused…
Stop ignoring good advice
Promising people more benefits at no cost isn’t new, especially in an election year. But a Democrat-backed plan that purports to expand Social Security payments at no additional cost to most Americans simply isn’t realistic, a fact backed up by…
Disability Advocates Attack Malloy Over New Appointment
Disability advocates and politicians from both sides of the aisle attacked Gov. Dannel P. Malloy on Monday for what they said was inadequate consultation leading up to his recent appointment of former Hamden Mayor Craig Henrici to head the state’s…
For Medicare, Good News For Future, Changes In Hospice Rules
And a new report by a conservative group identifies Medicare Advantage cuts by congressional district. The Wall Street Journal: For Federal Safety Nets, Mixed Financial Outlooks The biggest Medicare program is expected to remain financially solvent through 2030, five years longer than…
ON THE MONEY: Social Security disability benefits
The definition of a qualifying disability under SSDI is a very draconian one: benefits are paid to someone who cannot work due to a medical condition that prevents that person from performing the requisite tasks of his/her occupation; or, the…
Taking Charge: Learning the ins and outs of Medicare before you retire
I am 65 and I will be retiring next January. My wife is also 65 and we are both currently enrolled in my company’s health insurance plan. When I retire, we will no longer be covered under this plan. I…
Medicare Advantage Is Not Efficient, but It Can Be
Medicare Advantage plans — private plans that serve as alternatives to the traditional, public program — have been growing in popularity. One reason is that they offer additional benefits beyond those available in the traditional program but often at no additional…
Obamacare Oversight Picks Up for Elections: Health Week Ahead
House Republicans are picking up the pace of their Obamacare investigations, reversing a lull after the president’s administration took a victory lap upon signing up about 8 million Americans for the health program. The Republican-controlled House Ways and Means Committee will…
Five reasons why you can’t retire at the age of 50
While many people dream of retiring early so that they can lead a life of leisure, not many succeed in doing so. Here are the five reasons you could fail in your plans and how to avoid them. Financial planners advise…