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Is a “Second-Act” in Your Retirement Plan?
With a reported 39% of men age 65 to 69 continuing in the workforce in their retirement years (30% for women), many are realizing the benefits and satisfaction that comes from staying active and productive. Whether it’s volunteer work, a…
Understanding Medicare and Your Retirement
With health care looming as a significant cost item in one’s retirement years, it’s important to understand the details associated with Medicare and how it works. Social Security Public Affairs specialist Kristen Alberino, in a post on www.enterprisenews.com, provides an a quick overview of…
More Support for Delaying Social Security Claims
Most folks have at least a general idea that resisting the urge to claim Social Security benefits at the first possible opportunity will result in larger monthly benefits later. If you’re approaching age 62 and not convinced that deferral is…
Social Security Scams…The Hits Keep Coming!
Throughout the year, you’ll find constant warnings in the media about scams and frauds designed to bilk seniors out of their Social Security benefits, and the creativity of the criminal element is constantly launching new approaches. 68 year-old Rhonda Pierce of…
Claiming Benefits: Timing is Everything
The importance of making correct timing decisions on the claiming of Social Security benefits is huge, according to an article posted by Forbes staffer Ashlea Ebeling on www.forbes.com. In fact, her analysis suggests that a mere 4% of retirees have chosen…
The Importance of Social Security as a Source of Retirement Income
Despite the widespread knowledge that Social Security benefits were never intended to be more than a supplement to retirement income, it appears that current retirees have come to view it as a “major source” of income for retirement living, according to…
Your Financial Resources Might be Finite…But You Can Stretch Them
The amount of time you’ll likely be spending in retirement has grown considerably over the past few decades, perhaps outstripping your savings projections. Don’t despair…there are steps you can take to help you stretch your available resources. The Motley Fool’s Katie…
Five critical things you should know about Social Security
If you are like most Americans, you’re a few years or more behind in your retirement savings so you need to know how much Social Security income you can expect. The more familiar you become with Social Security, the more…
Why you should resist the urge to sign up for Social Security right away
The most popular time to sign up for Social Security is the earliest age you can file for Social Security: 62. According to the Social Security Administration, approximately 29 percent of men and 33 percent of women signed up for…
Paper Social Security statements could be coming back
Currently, there is a bill under consideration by the House of Representatives that would require the Social Security Administration to mail annual statements to workers. The bill, called the Beneficiary Education Tools, Telehealth, and Extenders Reauthorization Act of 2019, or…