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Another Day, Another Serious Scam Alert!
It seems like every day, news of an emerging scam involving senior hits the airwaves and news media, Today is no exception, with the Ulster County District Attorney’s Division of Consumer Affairs weighing with a warning to be on the lookout for…
New Retirement Thinking
For those of us already in or close to our retirement years, it might seem strange way of thinking, but an Ameriprise Financial Study recently illustrated that many folks approaching retirement are postponing “pulling the plug” in order to provide…
Today’s Retirement Planning: It’s a Different World
The three-legged stool? The 4% withdrawal metric? The pension you could rely on? Social Security as a guaranteed piece of the puzzle? Unfortunately, for the person beginning to take a serious look at financial planning for retirement, these old standbys are…
Baby Boomers and the “Retirement Crisis” They Face
Quite a bit has been written about, and debated, what many financial folks are projected will be a major financial crisis for seniors moving intotheir retirement years. Whether you believe the crisis is real or not (some don’t), check out this…
The Question of Drawing Benefits and Working
Folks aging into Social Security benefit eligibility–for the most part, that means reaching age 62–the persistent question is whether to begin drawing benefits even if you’re still working. Should you or shouldn’t you? Well, like most aspects of Social Security,…
Retirement: Some Inescapable Expenses to Consider
If you’re already into your retirement years, then you already know this: there are certain major expenses you just can’t escape. If you’re planning your retirement, you need to understand these major expenses. We’re talking, of course, about medical expenses…
Receive Social Security Benefits? Keep Your Address Up-to-Date with my Social Security
(Source: Social Security Administration) Keeping your address up to date with a my Social Security account helps us mail your important documents to the correct place. If you receive benefits, you can use my Social Security to update your address. If you’ve moved recently, updating…
Savings “Catch-Up” Strategies for Ages 50 and Up
You’ve probably read the statistical reports about how many households are way behind the curve on saving for their retirement, and about Social Security’s inability to cover these household’s overall living expenses in retirement. If you find yourself in this…
The Importance of Knowing all the Pieces
With April being designated as Financial Literacy Month, this article by Jack Myers For the Herald & Review tends to be a timely read for folks needing to get up to speed on their financial planning for retirement. Although income received from…
Another Look at the Necessity of Divulging Social Security Numbers
In just the past few weeks, data breaches were reported at Facebook, Toyota, Georgia Institute of Technology, and Earls Enterprises, parent company of Planet Hollywood, with these security breaks representing a continuation of major unintended disclosures of sensitive personal data…