Latest News
What is the retirement planning opportunity zone?
What is the “retirement planning opportunity zone”? According to Dana Anspach, founder of Sensible Money, this is the period “starting with age 50 and going to age 72, where retirement and tax planning opportunities abound.” So many things are changing, like…
A few options to help boost your retirement income
Social Security was originally designed to replace approximately 40 percent of your pre-retirement income. Unfortunately, over 40 percent of Social Security recipients rely solely on their Social Security benefit for retirement income. If you are close to retiring and you…
Claiming Social Security at 65 Probably a Mistake
It’s an understandable mistake, thinking that because you’re eligible for Medicare at age 65 you should also take Social Security. But, these two programs are totally separate from each other, and enrolling in Medicare at 65 doesn’t mean that’s the…
A Lifetime Outline on Saving For Retirement
In this Today article, contributor Lauren Winn offers an outline for how to approach retirement savings in the various decades of you life – when you’re in your 20s, in your 30s & 40s, and in your 50s. In each…
Five Star Rating System for Medicare Advantage Plans
“Medicare Advantage” (MA) are healthcare plans offered by private carriers which conform to established Government standards as a replacement for “original Medicare.” Since there are many private insurance companies which offer MA plans, it can be challenging for those considering…
Retirement Income Too Low? Here Are Some Less Known Sources
Of course, almost everyone would like to have some additional income in retirement. If you’ve been diligent in your planning, you may have some combination of Social Security, personal savings, a pension, and some investments to help you live your…
Seniors Rely Heavily On Social Security
In this interesting article appearing at SmartAdvisorMatch.com, the results of an annual study are revealed showing where in the United States seniors are most reliant on Social Security benefits. The fact is that about 90% of all senior citizens collect…
A Nagging Problem: Social Security Phone Scams
We’ve been reporting on this for a long time, but Social Security phone scams seem to be only intensifying. Thus, it bears repeating that you must be extremely careful if you ever receive an unsolicited phone call from someone purporting…
The Other Medicare Advantage Open Enrollment Period
With all of the attention given to another “open enrollment” period (October 15 – December 7), many might not be aware that there is another period which runs from January 1 through March 31 of each year, during which changes to…
Your “My Social Security” Online Account
Social Security’s online services include a “My Social Security” account, which is your personal portal into your Social Security entitlements. But this online account isn’t just for those already collecting Social Security, it’s also very beneficial to everyone who will someday…