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Comprehensive Planning is the Key to Financial Peace in Retirement
The closer one gets to “pulling the plug” and coasting into those golden years of retirement, the more daunting the planning process looms. But a fair amount of the fear can be removed through development of a comprehensive plan to…
Reasons Why a 2% COLA is Inadequate
An opinion piece posted by the editors of newspressnow.com tackles the issue of recent Social Security cost-of-living adjustments, and provides thoughts on how and why the minimal boosts of recent years will not enable seniors to keep pace with inflation.…
Boosting Retirement Income…There are Things You Can Do
Many folks are concerned about their financial readiness for retirement. Will their accumulated nest egg carry them long enough? How big must the balance be before the draw-down starts? Well, there are some things you can do in advance to…
Social Security 2018–There’s Quite a Bit of Change Coming
There are several substantial changes poised to take affect with the New Year, ranging from the much ballyhooed 2% COLA to the changes in Social Security’s qualification criteria, which some significant modifications in between. In a post on www.usatoday.com, The…
Navigating Social Security’s “Earnings Test” Rules
For those younger than full retirement age and remaining in the workforce, there are limits on the amount of income that can be earned before benefit reductions kick in. The Motley Fool’s Matthew Frankel takes a look at these limits, explaining the…
Grandparenting: Some Real-Life Situations
Washington Post reporter Danielle Douglas-Gabriel takes a look at seniors raising grandchildren, outlining the financial difficulties that come along with this cultural situation. It’s a predicament that more and more seniors are facing in their later years, and it bring with…
3 frightening retirement numbers
A lot has been written recently about how America is facing a “retirement crisis”, caused by a combination of factors including the changing pension landscape and the frighteningly small amount of retirement savings so many Americans have. This Yahoo! Finance…
About 70% of beneficiaries may not see the COLA increase
There was a certain amount of fanfare surrounding the recent announcement by the Social Security Administration that recipients would be getting a 2% raise starting in 2018. But for those who have their Medicare premium deducted from their Social Security…
Working while collecting Social Security can affect your benefits
Either for financial reasons or because they simply feel too young to hang up their spurs, many more people are now working well into their 60’s. But since most people also start collecting Social Security in their early 60’s, it’s…
Mobile access to your Social Security information
Smartphones and iPad’s are all the rage these days for just about any age group, including those approaching or already on Social Security. With that kind of mobility at the hands of so many people, Social Security has made it…