Latest News
Who will not get Social Security benefits?
It’s pretty well known that nearly 63 million Americans receive Social Security benefits, either in the form of retirement benefits for eligible workers, spousal. survivor or dependent child benefits, or disability insurance benefits. And if you take Social Security’s disability insurance protection…
Social Security and the 2020 Election
With the 2020 elections already causing a media stir as potential candidates announce they’re running, you might wonder which issues will take front and center stage when the campaigns go into full swing. Surely immigration, the economy and the bulging national…
Tax season is prime time for catching and fixing last year’s IRA slip-ups
It’s tax time, time when filers uncover IRA errors, whether you put away too much money in your IRA or you forgot to take out a required minimum distribution. Tax season is prime time for catching and fixing last year’s…
Factors that could shrink your Social Security check
According to the Social Security trustees, the program’s trust fund is scheduled to run out of money; if nothing else is done, they say, after 2034 Social Security’s annual income will only be enough to pay “about three-quarters of schedule…
Avoiding retirement money anxiety
The leading cause of an unhappy retirement is money anxiety; if you don’t have enough of it, retirement will be difficult. Other than outliving your money, healthcare costs topped the list of concerns from retirement savers according to a recent…
Don’t forget these retirement facts
It can be challenging planning for retirement with so much to think about. However, many people are missing important facts that are necessary to make fully informed choices. Being informed about your financial needs during retirement will help make sure…
What you need to know about Medicare
If you are getting close to celebrating your 65th birthday, it’s time to review the rules for signing up for Medicare. First, if you don’t sign up for Medicare when first eligible and don’t have qualifying coverage elsewhere, you will…
Age-gap retirement
According to the Census Bureau, nearly two in 10 married couples in America have at least a six-year age spread between them so looking for a logical way to balance their age-gap retirement. The attached article gives tips for retirement…
Why older workers retire earlier than planned
More than a third of older workers retire earlier than planned. But why? Several researchers using data from the Longitudinal Health and Retirement Study found it is possible to determine what shocks they experienced that may have led to an…
What trends could reshape retirement?
According to recent white paper from RBC Wealth Management, the idea of retirement as a “fixed point in time” long ago fell by the wayside. The paper titled “Rewriting Retirement,” states “Today retirement is a time of life that brings…