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Here are the Medicare basics
More than 10,000 people turn 65 every day in the United States. Knowing your options for health care are more important than ever before. Medicare is the federal health insurance program for people who are 65 or older. Understanding Medicare…
Which state is the most expensive to retire in?
When you think of the most expensive places to live in the United States, most people will say California or New York, but that may not be correct for both states. According to WalletHub, California did not make the top…
Three ways to supplement your retirement savings
Millions of Americans face the reality of spending their senior years in straitened circumstances, struggling to make ends meet. However, if you are one of those individuals who are low on retirement savings, all is not lost. Maurie Backman explains…
Social Security Disability – Two Programs, Entirely Different
Social Security has two different disability programs – one for workers who become disabled before reaching their full retirement age, and, another separate program for those with very little income and very few assets. The former is a benefit earned…
Hard Decisions Ahead for Medicare (and Social Security)
With all the rhetoric surrounding potential “cuts” to Medicare and Social Security, now would be a good time to put aside the politics and consider how real economic experts view the future of these two crucial senior benefit programs. It’s…
Contribute to Retirement During the Down Market?
A youngster working on Wall Street asked an old-timer for investing tips. The old-timer offered only one – “buy low, sell high.” Facetiously, of course, but there is actually a lot of wisdom in that somewhat humorous response. Those with…
The Importance of “When”
Timing is everything, or so the saying goes. Thus “when” you take action on your various financial resources has much to do with how comfortable you will be during your so called golden years. Although when you’re younger you may…
A Dose of Political Reality About Social Security
If hyperbole had wings, Washington, D.C. would float above the rest of the country. And with the presumed 2024 Presidential candidates already positioning for that run, political rhetoric surrounds us like mosquitos on a warm summer evening. Trouble is, none…
Fireworks in Congressional Hearing
In case you’ve missed it, the Biden Administration has been accusing Republicans of wanting to “cut” Social Security and Medicare, at the same time that Republicans are adamantly denying that is true. For it’s part the Biden team has latched…
How Has Inflation Affected You?
It’s pretty hard to ignore the fact that just about everything costs more these days than just a couple of years ago. With inflation hitting over 9% last June and remaining painfully high since, it only takes a trip to…