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Want more money in retirement?
Many of us think of retirement as a carefree period of life; however, for over 25 million Americans 60 and older are financially insecure, while more than 60 percent of senior households are burdened by debt. If you want more…
Avoid running out of money in retirement
Is living longer one of the major factors that people may still fall victim to inadequate income in retirement even if they save diligently? According to the Social Security Administration, the average 65-year old woman will live until 86.6 but…
CMS proposed increase of 1.84 percent to Medicare Advantage plans in 2019
The Centers for Medicare and Medicaid Services released the proposed increase of 1.84 percent on average in its 2019 payment to health insurers that manage Medicare Advantage insurance plans. The proposed rate affects how much insurers charge for monthly healthcare…
A Campaign for America’s Retirement Security
A new campaign by the Bipartisan Policy Center (BPC) and finance expert Ric Edelman have announced the launch of “Funding Our Future: A Campaign for American’s Retirement Security.” The campaign has three main goals: to make saving easier for Americans…
Some of the myths about Social Security
Have you heard these “facts” about Social Security? The attached article reviews six commonly held myths and gives you the facts about Social Security. Read article here… Notice: The link provided in the text above connects readers to the full content of the referenced article.…
Visualizing your retirement savings
The changing retirement landscape as defined benefit plans were phased out and replaced with 401(k)s is a primary reason many baby boomers and GenXers struggle with retirement savings. Also, many of those employees approaching retirement age don’t understand that Social Security is…
Empower Retirement
Urging employees to take action towards retirement planning can be a laborious duty. However, Empower Retirement has found a way to shift thinking toward an estimated monthly income replacement strategy that encourages employees to save better and have higher engagement.…
Sock away more money for retirement with these three steps
Thanks to rising medical costs and fixed incomes, even people who do save enough often find themselves unprepared to deal with their new financial realities in retirement. Many retirees find themselves turning to credit cards and loans to meet their needs. This…
4 Questions to Ask Yourself as You Plan for Retirement
(Source: blog.socialsecurity.gov) Deciding when to start receiving your retirement benefits from Social Security is a decision that only you can make, and you should make that decision with as much information as possible. There are a lot of important questions to answer.…
Adjusting from saving for retirement to spending in retirement
After so many years of being discipline about savings, many people are uncertain how to allocate their nest eggs once in retirement. They are concerned they will run out of money or they are suddenly transformed into spenders of assets;…