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Plan for the Future. Manage the Present. Open or access your my Social Security account today!
(Source: Social Security Administration) my Social Security is your online gateway to Social Security. There’s never been a better time to open or access your my Social Security account. We’ve added several new features. These features include: Continue reading → Notice: The link provided above…
The Impact of Social Security’s Budget Cuts
Citing an 11% (inflation adjusted) reduction since 2010 in its core operating budget and the loss of 12% of its staff, the Social Security Administration (SSA) is facing challenges in providing service to a growing number of beneficiaries. Kathleen Romig, senior…
Retirement Planning Myths
As you head into your retirement years, you’ll encounter myths–in the form of “advice” from well-meaning folks–that can cause you problems. For example, some folks will suggest a formula for managing finances that is a one-size-fits-all and that’s been around…
Retirement Basics: Some Fundamental Rules
Retired life can be relaxing and fulfilling, but it doesn’t mean you can completely take your eye off the ball. There are still some fundamental strategies that you need to pay attention to, and these are outlined in a post…
Three Social Security Myths and How They Can Cost You
Social Security is one of those topics that just seems to attract “experts”…that is, outspoken sources of opinion and rhetoric comprised mostly of myths and misunderstandings. There are the basic untruths, like “The politicians stole all the money!” and “Illegal…
Millennials: Here’s Some Guidance on Building Wealth for Retirement
Kiplinger contributor Tom Presley, CPA, CFP®, in a post on kiplinger.com, takes aim at ten common mistakes that some younger folks make on the way to career development…mistakes that cause then to fall behind in their efforts to build wealth and…
Healthcare Spending in Retirement: Now Approaching $300,000
Even with Medicare, retirees today can expect to absorb an enormous tab for healthcare during their later years. According to The Motley Fool’s Katie Brockman, this tab can be expected to reach $296,000. Her analysis is based on the results of…
The 4% Withdrawal Guideline
Many retirees have pondered the question of how much of the nest egg can be withdrawn each year without jeopardizing the overall life of that cash reserve. One of the most consistent rules of thumb that folks follow is the…
Retirement: It’s More Than a Financial Adjustment
We dream of those days when every morning is a Saturday morning…no schedule, no commitments, free and unplanned time to do whatever we want. But wait! According to Jane Young, certified financial planner and contributor at gazette.com, “Everyone is aware of the…
Thinking about re-joining the workforce?
Many folks planning to enjoy the comfort of retired life find that there’s an attractiveness to jumping back into the world of work, at least at some level. And there can be sound reasons for this, as The Motley Fool’s Maurie…