Latest News
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…
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…