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Claiming Benefits at Age 62
You could consider this as a support article for today’s Headline article…it addresses the downside of filing for benefits at the earliest age, while the Headline article extols the benefits of waiting. The author of this post, McKenzie Stratigopoulos points…
Retirement Regrets–What Keeps Seniors Up at Night
Nilus Mattive, editor of The Rich Life Roadmap, takes a look at the tings that seem to bother seniors the most during their retirement years. Not unexpectedly, the most common regret is filing for benefits too early and therefore absorbing the…
Celebrating Independence Day
(Source: Social Security Administration) uly 4th brings family and friends together, as well as neighbors, to celebrate that we’re all part of a community. Everyone pitches in, combining their resources — great food, music, and displays — to lift our spirits.…
Bipartisan Bills in Congress Offer Hope in Retirement Planning
It appears Congress is taking a serious look at the plight of American workers and their retirement issues. The SECURE Act of 2019 and the Retirement Enhancement and Savings Act of 2018 offer small businesses the opportunity to take advantage of…
Help in Navigating the Social Security Maze
Yes, it’s complex. It’s difficult for the average person to know what they need to know to make correct decisions regarding their personal situation relative to Social Security. But help is available, either through services like the AMAC Foundation’s Social…
Scam Complaints Continue on the Rise
The Federal Trade Commission is continuing to be a busy place, particularly in the processing of fraud claims submitted by the public. During the the four-month period March through May, the FTC reports the recording of over 127,000 complaints involving…
The Rising Cost of Health Care for Retirees
It’s certainly no secret that health care represents a substantial–and growing–financial concern for retirees now and in the future. Statistics available from Fidelity Investments via the National Association of Plan Advisors (NAPA) note that “… a 65-year-old couple retiring in 2019…
Basic Social Security Rules
There are thousands of detail rules comprising America’s Social Security System, and many of them apply to very specific, individual situations. But there are three fundamental rules that everyone aging into the program need to understand. The Motley Fool’s Maurie Backman…
New Legislation Proposed to Renovate SSDI
Rep. French Hill (R-AR) and Sen. Tom Cotton (R-AR) are seeking to reform and modernize the Social Security Disability Insurance (SSDI) program. Hill’s legislative proposal, H.R. 3566, and Cotton’s bill, S. 2016, have a basic objective of ensuring “that SSDI supports those who…
More Thoughts on Making Your Retirement Funds Last Longer
Outliving the financial resources you’ve worked hard to accumulate is a worry that many folks approaching (or already in) their retirement years share. It’s not unusual to have that concern, so it’s important for those that do to look for…