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Some Americans say they will never retire
According to a recent poll from The Associated press-NORC Center for Public Affairs Research, nearly one-quarter of Americans say they never plan to retire. However, experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their…
Who qualifies for a Social Security benefit
It’s no secret that Social Security each month sends out more than 61 million checks, but the program’s importance is not reflected in how much Americans actually understand the program. Myths and misconceptions abound, and those start with the basic…
The most common myths surrounding Social Security
The experts tell us that most people would be better off waiting to claim Social Security benefits, yet most people file early. Of course, some people have little choice since they may have no savings and no job. While others…
Claiming your benefits early will shrink them, but that may not matter at all
According to the Social Security Administration, 48 percent of married elderly Social Security beneficiaries and 69 percent of unmarried ones get 50 percent or more of their income from Social Security. So, it is important to make smart decisions regarding…
The Potential Impact of Underfunded Pension Plans
Although the article is focused on federal pension plans, the basic premise is universal: future pension obligations may not be keeping pace with the rate of growth in future liabilities. Journalist Gavin O’Toole, in a post on www.publicfinanceinternational.org, examines this developing crisis…
Will You Relocate in Retirement?
In a post on www.kiplinger.com, Kiplinger’s Personal Finance editor-at-large Janet Bodnar takes a look at the thought processes that often go through the minds of the newly-retired…to move or not to move. Bodnar points out that studies by Age Wave and…
More on Scams–Unsolicited Calls Again!
The Better Business Bureau is one again warning the public about the perils of unsolicited calls and the fraudulent acts that typically accompany them. This notice discusses a relatively new scam that has an air of believability around it, and…
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.…