Latest News
The Rule of 72
As part of your quest to achieve financial freedom in your retirement, you may run across the term “doubling” your money but do you really know what that means? One way to really understand this is to look at the…
Public pension funds are underfunded
Most members of public pension funds are unaware that their pensions are not just underfunded, but falling short of performance targets according to a new study from Spectrem Group. Read article here… Notice: The link provided in the text above connects readers…
Fee-for-service Medicare might provide better skilled-nursing choices for its beneficiaries
In a new study published in the journal Health Affairs suggests that fee-for-service (FFS) Medicare might provide better skilled-nursing choices for its beneficiaries. The research team found that even if the person was in a five-star Medicare Advantage plan they…
Mobile apps that allow employees to access their earnings every day
Mobile apps which allow workers to access half the pay they earn in a day as a way to cover unexpected expenses and avoid pricey payday loans are useful to companies in attracting and keeping employees in high-turnover jobs according…
Retirement savings are dangerously low
United States retirement savings deficit is between $6.8 and $14 trillion according to data from the U.S. Federal Reserve. In a recent study by the National Institute on Retirement Security, shows the median retirement account balance is $3,000 for all…
Claiming your Social Security benefit early
Do you know what claiming your Social Security benefits early will mean? Do you know if you file early – meaning prior to your full retirement age (FRA) – you’ll lose a portion of your benefits for each year you…
Annual earnings limit for new retirees
In the attached article, Mary Beth Franklin, CFP®, Contributing Editor at InvestmentNews, explains the rules for new retirees on how to claim benefits even if earnings exceed annual limit. Read her article here… Notice: The link provided in the text above connects…
Is early retirement associated with a change in mortality?
Approximately 31 percent of all Americans begin claiming Social Security in their first month of eligibility at age 62. A new paper by National Bureau of Economic Research examined whether age 62 is associated with a change in aggregate mortality.…
How does Medicare work with employer health insurance?
In Karin price Mueller’s column, she answers a reader’s question on balancing employer health insurance and Medicare. Read her answer here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this…
Blended Retirement System for military personnel
The U.S. military is launching a new retirement system that will impact millions of current and future service members. The new retirement program–Blended Retirement System–combines a traditional pension with a defined contribution plan. Read article here… Notice: The link provided in…