Latest News
The Importance of Checking your Social History
Despite the steps that Social Security has taken to honor that they believe is an increasing preference by the public for doing business online, it appears there is still not a lot of checking of earnings records going on. As many know,…
An Alternative to Drawing Benefits Early
It’s not really a revolution, I suppose, but a study published in the Journal of Pension Economics & Finance suggests the merit of tapping deferred compensation funds IRAs, etc.) in lieu of beginning benefits before full retirement age. This strategy would,…
Potential Pitfalls of The Social Security Expansion Act
You know the old adage, “If it sounds too good to be true…” Well, despite the attractiveness of some excerpts from the The Social Security Expansion, that adage might have considerable merit. The Motley Fool’s Sean Williams, in a post today…
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…