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Millions of retirees count on Social Security to pay the bills
Majority of retirees count on Social Security to pay their monthly bills. This shows how important your Social Security benefits are and how they make the difference between paying the bills and struggling financially throughout your retirement. In Maurie Backman’s…
How gig economy workers can jumpstart their retirement savings
According to a recent survey by the online investment firm Betterment, seven in ten full-time gig economy workers say they are unprepared to maintain their current lifestyle in retirement while less than one third are regularly setting aside money for…
Taking a proactive approach to involuntary early retirement can soften the blow
According to Voya Financial about 60 percent of current retirees did not plan to retire when they did. The circumstances that lead to an involuntary early retirement are often hard to predict. You can soften the blow by taking a…
The Social Security myth that won’t go away
We have all heard and read about how the federal government is stealing from Social Security for last 50 years, but there is no truth in it. Both sides of contemporary politicians are guilty of perpetuating this falsehood. The attached…
Employees have other financial issues that get in the way of retirement readiness
According to the 2018 edition of PWC’s Employee Financial Wellness Survey, employees have other financial issues that get in the way of retirement readiness; such as, struggling with debt and supporting adult children and aging parents. The survey also found…
Incorporating these valuable rules into your retirement planning
There are five important things you need to understand about retirement. By incorporating these valuable rules into your retirement planning, your last decades can be more delightful and low-stress. Read more about these valuable rules, click on attached link. Read article here……
Do you check your Social Security statements regularly?
Do you check your Social Security statements regularly? If not, you should. Catching any mistakes on your statement can mean a big boost to your retirement income. The attached article gives you more reasons why it’s important to check your…
It’s not the money seniors miss the most about pre-retirement life
According to a recent Rand Corp study, an estimated 39 percent of Americans age 65 and older who are currently employed were actually previously retired. Why did they go back to work? Click on the attached link to find out…
How employers are trying to hold on to their older workers
Many employers are trying to hold on to their older workers, while some persuade some to return after retirement and even recruit those retired from other companies. Jacqueline James, co-director of the Boston College Center on Aging and Work says,…
IRS offers an exception to IRA early withdrawal penalty to first-time home purchases
Did you know the IRS offers an exception that allows you to avoid the 10 percent penalty for early withdrawal from a traditional IRA prior to 591/2? This exception allows you to withdraw up to $10,000 over a lifetime without…