Latest News
Mulling a move overseas?
According to the State Department nine million American citizens reside overseas. Some Americans are finding that they can better fulfill their retirement dreams with a move abroad. The article at GOBankingRates lists top ten choices. Read article here… Notice: The link provided…
Preparing for healthcare costs in retirement
Healthcare costs are keeping roughly a quarter of current retirees from living the lives they expected according to new data from the Nationwide Retirement Institute. The data also shows 80 percent of seniors retired for 10 years or more say…
Women: 10 ways to cope and thrive in retirement
Most women over 50 are keenly aware that they have fallen way behind men when it comes to retirement preparedness. The good news is, there are ways women can prevent financial destitution in retirement. The attached article gives ten suggestions…
Should you age in place or move?
According to a recent blog post from Vanguard using data from Freddie Mac, 63 percent of homeowners aged 55 or older said they plan on aging in place. However retirees have options in terms of where they live out their…
Effectively managing your debt
Retirement researchers are worried that debt may be eroding the long-term financial security of many workers who are nearing retirement. Boomers have an average of $188,828 in mortgage debt and $27,513 in non-mortgage debt according to a 2017 study by…
my Social Security Saves You Time for the Important Things
(Source – blog.ssa.gov) Time is our most valuable resource. How you spend it is important. A my Social Security account helps free your time for the important things. What is a my Social Security account? Click here to watch video Notice: The link provided in…
Why retirees fear Social Security’s future
According to the just released 2018 Retirement Confidence Survey from the Employee Benefit Research Institute, fewer than half of retirees believe the value of future Social Security benefit will be at least as high as what today’s recipients get right…
Income Related Monthly Adjustment Amount (IRMAA)
The Medicare modernization Act of 2003 shifted the way that Medicare Part B is funded by requiring high-income Medicare enrollees to pay more than the 25 percent of their Medicare premiums, thus creating the Medicare surcharge. As part of the…
Reduce your chances of being scammed
Identity theft has been a growing problem in American and elsewhere, it is a growing problem for Social Security, too. The article gives advice on how you can reduce your chance of being victimized in just a few minutes. Read…
The reason why retirees collect less in Social Security retirement benefits
A recent survey found nearly half of working Americans who are nearing retirement said that Social Security will be their primary source of income in retirement. The alarming fact is, Americans typically overestimate how much they’ll receive in monthly Social…