Latest News
Australian retirement system
The new retirement buzzword that is being played out in the mainstream media is the Australian retirement system. What is it? It is primarily based on superannuation, a compulsory savings scheme designed to ensure that Australians save for their retirement,…
Americans retirement readiness is improving
Two out of five Americans are on track to meet their spending needs in retirement; however, the typical American will have an annual shortfall of $5,000 in spending, according to Vanguard. “Although we see progress, there is still more work…
Thinking about making a change?
Medicare Advantage (also known as “Part C”) is a Medicare-approved plan offered by a private company that offers an alternative to Original Medicare. Medicare Advantage plans “bundle” Medicare Parts A, B, and usually Part D. Many plans offer extra benefits…
The Social Security Child Protection Act
The Social Security Child Protection Act (H.R. 5348) was passed by the House on Monday and now heads to the Senate for consideration. This bill directs the Social Security Administration to issue a new Social Security number to a child…
Is a Medigap plan right for you?
We are in the final days of the Medicare Open Enrollment period. The Medicare open enrollment period ends on December 7th. With all the changes happening in the Medicare Advantage market for 2026, including fewer Medicare Advantage plans, trimmed-down or…
Requirements for Social Security eligibility changing in 2026
The new year begins in less than a month, and so are changes to many programs, including Social Security. One change is that the cost-of-living adjustment (COLA) of 2.8 percent will be received in January; however, so will the new…
FIRE goggles
The FIRE movement (Financial Independence, Retire Early) is a lifestyle focused on extreme saving and investing to achieve early retirement. Many people who embrace this retirement strategy view everyday purchases not as items or experiences but as the hours they…
Medicare changes for 2026
Medicare is the federal health insurance program for people who are 65 and over. Medicare is divided into four parts: Medicare Part A, Part B, Part C (Medicare Advantage), and Part D. Like many things this year, it has been…
Living on Social Security
The Social Security program was created to provide a financial foundation for lower-income workers who had worked hard throughout their lives but would otherwise not be able to take care of themselves financially during retirement. However, Social Security was never…
Why HSAs are important
Health Savings Accounts (HSAs) are not considered traditional retirement accounts; however, they serve as an important component of retirement readiness. According to the 2024 Devenir & HSA Council Demographic Survey, there are more than 39.3 million HSAs in the U.S.,…