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Why these states have the lowest Social Security retirement benefits
An overwhelming percenaget of non-retirees (89 percent) believe they’ll need Social Security income to make ends meet according to national pollster Gallup. By the same token, official data from the Social Security Administration suggests that 62 percent of today’s retirees…
Not retiring?
Are you not interested in retiring? In Pete Dunn’s article, he points out that even if you are not interesting in retiring, you still need a financial plan to deal with eventualities. Read his advice on how to successfully not…
Saving enough money for retirement is the first step, now how much can you spend?
Saving enough money for retirement is the first step; the next is determining how much you can spend without running out of money. So how much can you spend in retirement? Here is how to calculate a safe retirement spending…
Retirement today is more about you than your money
Traditional retirement planning needs to be revamped to include more non-financial training and knowledge according to Robert Laura. In his column entitled “Why is Retirement So Stressful?” he writes several of the most stressful life events are commonly associated with…
Older Americans report little boost in 2018 Social Security checks
For many of the millions of Americans on Social Security, getting a two percent cost-of-living (COLA) increase in 2018 has been a bust. According to a recent survey, more than 40 percent of American’s seniors say they have watched the…
Is rolling over your 401(k) funds into a new employer’s plan the best option for you?
Individuals who are changing jobs transfer funds directly from their previous employer’s 401(k) into their new employer’s retirement plan; however, that’s not always the best move. Although there is no real blanket answer for every situation, the article looks at…
Social Security’s lump sum death benefit
Are you aware of this little-known Social Security benefit: Lump sum death benefit? The Social Security Administration still makes good on its commitment to fulfill this relatively tiny benefit for certain family members of workers covered by Social Security. Read…
What traditional Medicare does not cover
Traditional Medicare, Medicare Part A and Part B, covers a large portion of your medical expenses; however, there are some pretty significant gaps in coverage. The attached article takes a closer look at what is not covered by traditional Medicare…
Did you forget to take your RMD? Here’s how to fix it
Did you forget to take your required minimum distributions (RMD)? Or did you miscalculate or take it from the wrong type of account? There is a good chance that some retirement account owners will fail to properly take all of…
How the “silver tsunami” is changing the senior housing market
With the rising senior population, sometimes referred to as a “silver tsunami,” several industries as diverse as health care, technology, and real estate are feeling the impact. In the real estate development marketplace, for example, changing expectations around retirement housing mean…