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Semi-retired Status at the Defense Department
Air Force civilians are now eligible for a phased retirement option and taking on a “semi-retired” status at the Defense Department. As part of the Department of Defense initiative announced last June, this option gives civilian workers the option to…
Eight Most Prevalent Retirement Rumors That Should be Ignored
If you want to retire, you will need to learn to sort fact from fiction and good advice from bad. In the attached article list eight most prevalent retirement rumors that should definitely be ignored. Read article here… Notice: The link…
Having a Back-up Plan
For those employees that work for a private-sector employer who provides as a benefit a traditional pension, you may consider having a back-up plan. Why? In recent weeks a number of well-known firms have frozen the pay and service amounts…
Re-prioritizing Your Financial Goals
With all the competing priorities in our lives, retirement may seem like a fairy tale; but rest assured you can retire someday. It is important to re-prioritizing your financial goals to save more, spend less and also reduce expenses so you…
Company’s Retirement Benefits are Declining Due to Health Care Costs
According to Willis Towers Watson, a consulting company that helps large corporations design benefits packages, although employers have actually been spending more on benefits than they did half a generation ago; however, it’s health care benefits that are eating up…
United States Ranked 17th in Retirement
The Natixis Global Asset Management’s Global Retirement Index ranks 43 mainly developed countries on their ability to offer its citizens a secure retirement; it lists United States at number 17 (down three spots from last year). Angela Moore, Senior Editor…
The Importance of Putting Your Retirement Plan in Writing
In two separate reports, one from Schwab and the other from Wells Fargo/Gallup survey, both found people who have a written retirement plan were twice to 60 percent more likely to increase their 401(k) contributions and felt they would have…
Top 10 Reasons for Retirement Procrastination
Are you a procrastinator? Despite the constant reminders from the media (including this website), you do not know “your number” and preparing for the “retirement red zone”; then the attached article is just for you. Les Goldstein, Investment Advisor, complies…
Yes, Billionaires May Qualify for Social Security Benefits
Yes, billionaires can qualify for Social Security benefits as long as they meet the minimum of 40 quarters of earned income from a covered occupation. Many of the wealthiest Americans get their income from passive business activities or from dividend…
Qualified Longevity Annuity Contract (QLAC)
A qualified longevity annuity contract (QLAC) is another option designed to prevent you from going broke in your old age. QLAC is where you pay an insurance company a lump sum, and the company pays you an annual income for…