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Retiring in Your 50s? Here are some things to ponder.
Besides being too young for Social Security benefits, deciding to step out of the worklife and into a world of retirement leisure brings with it some major drawbacks that need to be considered. It might sound attractive, particularly for those…
Short on retirement savings? Here’s how to get more
Articles abound in financial circles about America’s “retirement crisis”, short-hand for saying that an unfortunate majority of Americans are ill-prepared for retirement because they have saved too little, or in some cases nothing, for their golden years. In this Motley…
“Spoofing” – Yet another attempt to scam
In yet another attempt to fool people into revealing their personal information, scammers are now using a technique known as “spoofing” to try to separate you from your money. Spoofing is a term assigned to the illegal manipulation of caller…
Support repeal of the Windfall Elimination Provision and Government Pension Offset
For those whose life’s work has been in a public service job which didn’t participate in the Social Security program, a big surprise may hit them later in life. Even if they have worked enough outside public service to earn Social…
Beware of Social Security scammers
An unfortunate reality of today’s electronic world is that there’s no end to the number and type of scams that cyber-criminals will use to get your personal information for nefarious purposes. The latest scam in the Utah area is a…
How to plan for your expensive golden years
Retirement is expensive – much more so than most people think. As a matter of fact, retirement is about three times as expensive as any other thing if your lifetime. That’s why it’s important to start planning for your retirement…
Benefits for a disabled spouse when full retirement age is reached.
Persons on Social Security disability are automatically switched to retirement benefits when they reach their full retirement age, which is between 66 and 67 depending upon the year of birth. But that automatic switch doesn’t automatically also provide the beneficiary…
Should the rich collect Social Security?
It’s a never ending debate, now fueled by Social Security’s financial woes: Should the very rich be able to collect Social Security? Advocates argue that since they pay into the system there’s no reason that they shouldn’t be entitled to…
Making Social Security “Mom-friendly”
Even not taking the “gender pay gap” into account, working women who take time out of their careers to raise their children generally get a lower Social Security payment than do men. This is because taking time off for family…
New phone scam targeting seniors
With unfortunate predictability related to the national mailing of new Medicare cards this year, scammers are trying to bilk unsuspecting Medicare beneficiaries out of money using a new telephone scam. As this article by Cathy Locke appearing at The Sacramento Bee…