Latest News
Reboot your retirement
December marked the fifth anniversary of the beginning of the recession and for many Americans, it has taken all of that time to get their retirement planning back on track. According to Fidelity Investment’s analysis of its 12 million 401(k)…
How married couples can earn more Social Security benefits
Married couples seeking to maximize their Social Security income will need to pull off an intricate foxtrot through a thicket of bewildering rules. But having an experienced teacher helps. So here are a few winning strategies to help you successfully…
Started Social Security too early? 5 possible fixes
“I wish I’d read your articles before!” That’s the reaction of some of my friends in their 70s who started their Social Security benefits at age 62. They’re reacting to the articles that I’ve written about the . This strategy, which has…
Dropped docs cause panic for seniors
United Healthcare’s decision to drop hundreds of physicians from its Medicare Advantage plan during the current Medicare open enrollment period has created panic among senior citizens at more than a dozen practices across the state and will force thousands of…
Unable To Afford Retirement, More Americans Opt For ‘Partial Retirement’
In the wake of the Great Recession and snail-paced economic recovery, some of the worst-hit have been those close to retirement age. A study by University of Michigan finds that more Americans are becoming partial retirees, where those close to retirement age…
Medicare Plans Cutting Docs to Save $$
Medicare managed care plans are dropping doctors from their networks in an effort to improve their star ratings and save money, financial analysts said here. Some Medicare Advantage plans — particularly UnitedHealthcare in the Northeast — are cutting thousands of doctors from their…
Do You Know When Will Your Retirement Funds Will Run Out?
Do you have any idea when will your retirement run out? Most people with a retirement account probably cannot give a definite answer. Part of planning for retirement is calculating how long you can comfortably survive based on your retirement…
Aging Baby Boomers And Higher Health Care Costs To Impact Long-Term Care
University of California, Berkeley researchers state in a new study that an unprecedented increase in seniors over the next decade could nearly double Medi-Cal long-term care costs, from $6.6 billion to $12.4 billion annually by 2023. Read more… Notice: The “Read more…” link provided…
Paul Krugman: Expanding Social Security
For many years there has been one overwhelming rule for people who wanted to be considered serious inside the Beltway. It was this: You must declare your willingness to cut Social Security in the name of “entitlement reform.” It wasn’t…
Potential Medicare Cuts Impact Patients With Kidney Disease
The Centers for Medicare & Medicaid Services (CMS) are proposing cuts that will have a devastating impact on low income American families. If you or someone in your family has been diagnosed with Chronic Kidney Disease (CKD) or End Stage Renal Disease…