Latest News
Employers are stepping to the plate to help with retirement planning
Forbes contributor Mark Avallone takes a look at the trend developing among employers to provide assistance to their employees in financial planning for their retirement years. From better health plans and HSAs to increased emphasis on deferred compensation plans, employers of…
Dealing with Inadequate Retirement Savings
If you’ve been following the media reports over the past few years regarding retirement planning and the often-reported insufficient levels of savings, you understand that many Americans may not be adequately prepared for funding themselves in those later years. If…
The Federal Government is Closing Plan F and Plan C Medigap Insurance to New Participants
As of 2020, people who are on Medicare and don’t already have Plan F or Plan C Medigap insurance won’t be able to buy it because the federal government will close those plans to new participants. Read article here… Notice:…
Shedding New Light On Hospice Care: No Need To Wait For The ‘Brink Of Death’
(By Judith Graham for Kaiser Health News) A few weeks ago, Kathy Brand’s 86-year-old mother was hospitalized in Florida after a fall. After rushing to her side, Brandt asked for a consult with a palliative care nurse. “I wanted someone…
More Thoughts on Taking Social Security at 62
Whether to file or not…that is the question everyone reaching age 62 needs to address. Financial planner Marc Hebert provides some insightful comments on the pros and cons of filing early vs. deferring. Check out his wmur.com article here… …
Planning on Remaining in the Workforce in Retirement?
With the trend of planning to defer retirement well beyond the traditional age 65-67 mark gaining popularity, now might be a good time to undergo a reality check. Specifically, it might be considered sage advice to consider the potential realities…
The Importance of Understanding Retirement Cost of Living, Social Security Options
Citing “persistent problems” in the area of financial literacy, a recent revealed that more than half of respondents to a retirement planning survey tended to underestimate the costs of health care facing them in their later years. Likewise, nearly two-thirds…
Are You Ready for the Storm?
(Source – Social Security Administration) Hurricane season is here. Time to stock up on candles, flashlights, and bottled water, for the possibility of inclement weather. It’s good to be prepared for possible misfortune, and to know that you’re covered in…
Some Perspectives on Middle-Class Retirement in the Future
Internet talk show host and estate planner Dr. Rosie Milligan, in a post on pasadenajournal.com, provides a “a future economic snapshot” of what middle-class Americans face in their retirement years absent careful planning. Her article, focused somewhat on black America but universally applicable…
A Warning on Hurricane Relief Scams and Your Social Security Number
Yes, it’s a sad statement on the level of depravity that unfortunately accompanies catastrophic events like Hurricane Harvey in Texas and now Hurricane Irma getting set to traumatize the Eastern Coast. Con artists tend to use the emotions that well…