Latest News
Owning versus Renting in Retirement
Nearly 80 percent of those age 65 or older owned a home in 2017 according to Census Bureau data. Owning a home may not be the right living arrangement for everyone in retirement. Renting can be a better option for…
Some Medicare Beneficiaries will see their Medicare Part B premiums Rise by Twenty-three percent
Although the Social Security raise for 2018 is the highest raise in six years, around 70 percent of seniors may not see much or any of their Social Security cost-of-living adjustment (COLA) due to a Medicare rule known as “hold harmless.” Read…
Social Security Benefit Calculation Formula for 2018
The Social Security retirement benefit calculation formula thresholds known as the “bend points” change annually to keep up with inflation. The attached article shows how this calculation method works for 2018 and how early or late retirement could affect your…
The Elusive Retirement Dream
With income levels continuing to lag, with a persistent inability to save substantially, and with uncertainty in health costs constantly in the news, many of those approaching–or already in–their retirement years are facing a re-evaluation of the plans they once…
Your Social Security Statement: Take the Numbers with a Grain of Salt
It’s a good idea to keep an idea on the retirement income projections presented in your personal Social Security Statement, but keep in mind that the numbers may not be all that accurate. The Motley Fool’s Wendy Connick explains the…
The Millennial Viewpoint on Saving for Retirement
“I know I am not alone when I question, how can I save for a retirement plan when I am struggling to save for just a rainy day?” laments Angelica Hilton, a member of the millennial population struggling to deal with…
Qualifying for Social Security Disability Benefits
The Motley Fool’s Wendy Connick provides background information on the SSDI qualification process, offering increased understanding as a way to potentially smooth the pathway to a successful application. Read her fool.com post here… Notice: The link provided above connects…
401Ks and Working Women…the Millionaire Mark Becomes Attainable
It seems more and more working women have grasped the importance of savings, especially through the deferred compensation plans offered by employers. In fact, Fidelity notes that retirement plan balances among working women have grown substantially in recent years, with…
Taking the Long View on Social Security
Sean Williams of The Motley Fool provides an assessment of Social Security’s future, dispelling the popular myth of an impending bankruptcy and a total cessation of benefits at some point n the future. Read his post here… Notice: The…
Fighting Back After the Equifax (and other) Breach
A Virginia Delegate, after experiencing the trauma of identity theft, is advocating in their General Assembly for legislation that would waive fees for those victims electing to enact a credit report freeze. “People should have the right to freeze and unfreeze…