Latest News
Easy to overlook expenses that can deplete your retirement nest egg
Before you leave your job and start your retirement, you should sit down and review your finances. You may be surprised to see the fees tied to your retirement accounts and how much some of these charges can deplete your…
Four bipartisan bills introduced intended to boost American’s retirement savings
Four bills were introduced as a package of bipartisan legislation intended to boost American’s retirement savings and help small business set up retirement plans. The four senators said in a joint statement that the package of bills would “make needed…
Medicare won’t cover you abroad, so you will need to purchase another health insurance policy
If you plan to move overseas for retirement you will need to plan for health care and health insurance. Your U.S. health insurance probably, with a few exceptions such as military policies, won’t cover you outside the United States and…
Three retirement planning tips all Americans should know and use
Many people find saving for retirement difficult, but with a good working knowledge of a few key retirement savings concepts it doesn’t need to be. By using the three retirement planning tips listed in the attached article, you can put…
HSA participants do not see them as a tax savings or retirement tools
The 2018 Alegeus’ HSA Participant Profile report found while health savings accounts participants see them as an important part of their medical insurance strategy, participants do not see them as vehicles for tax-savings or adding to their retirement accounts. The…
Expensive drugs are playing a major role in the cost of health care
According to a new report conducted by Sun Life, the largest independent stop-loss provider in the U.S., the number of patients whose medical care cost at least a million dollars over the course of a year rose by nearly 90…
What happens when you postpone your retirement months instead of years
A study published in the National Bureau of Economic Research (NBER) suggests you would only need to work an extra three or four months beyond your full retirement age to equal an additional one percent retirement savings over the thirty…
Can delaying retirement really pay off?
According to a recent survey by the Transamerica Center for Retirement Studies, more than half of workers expect to work beyond age 65 and one in eight say they don’t plan to retire at all. However, experts say planning to…
5 reasons companies are bringing back retired workers
(By Leo Vartorella for Becker’s Hospital Review) As the pool of workers has shrunk with declining unemployment rates, companies are turning to retired employees to help with staffing, according to The New York Times. Continue reading article here… Notice: The link provided…
Planning for healthcare expenses in retirement
While Medicare does pay for the bulk of hospital related expenses, there can be thousands of dollars in out-of-pocket healthcare expenses. Retirees on average will face $4,300 in annual out-of-pocket healthcare expenses according to a report by the Center for…