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Going Broke in Retirement
A recent Harvard University study found that medical expenses account for approximately 62 percent of personal bankruptcies in United States and seniors are the fastest growing demographic in bankruptcy filings. Read article here… Notice: The link provided in the text above connects…
Are You Sabotaging Your Retirement Planning Efforts?
According to several retirement surveys, many of us are making our retirement planning difficult through self-defeating behavior. Read article 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…
Social Security Myths
There is a lot of misinformation about Social Security that could lead people to believe things about the program that simply are not true. Here are seven common statements about the program. Read article here… Notice: The link provided in the…
The Process of Determining Social Security Disability
Social Security Disability is paid to those individuals who are determined to be disabled and insured through payment of FICA (Federal Insurance Contributions Act). What is the process to determine when a person is eligible for Social Security Disability benefit?…
When to Sign Up for Medicare Part B
In Kimberly Lankford’s column, she answers a reader’s question on when to sign up for Medicare Part B when they delayed enrolling because they were still covered under their employer’s health insurance plan. Read article here… Notice: The link provided in…
Honesty is Still the Best Policy When it Comes to Your Retirement Savings
We all know honesty is the best policy but do we apply that to our retirement savings? The attached article gives some examples of how not being honest with yourself and your financial planner can hurt you in your retirement.…
Delayed Retirement Credits: It’s Not as Good of a Deal as it Used to be
The Social Security’s full retirement age is climbing, and that means that the bonus of delayed retirement credits if you wait to claim your benefit until age 70 will be smaller than previous retirees. Read article here… Notice: The link provided…
Same-Sex Marriages and Planning for Your Retirement
In the two years since the U.S. Supreme Court required all states to grant and recognize same-sex marriages, the Social Security Administration also recognizes same-sex couples’ marriages and some non-marital legal relationships to determine entitlement to Social Security and Medicare…
What are the Fastest Growing Costs that Seniors Face
The Social Security Board of Trustees is projecting the Trust’s asset reserves will be gone by 2034 leaving benefits to be cut up to 21 percent, but this seemingly imminent cash shortfall might appear to be seniors’ biggest issue: it…
What’s the Truth About Social Security
Making dramatic statements about the uncertainty of Social Security’s future, whether or not they are accurate, always gets the public’s attention. But, is there any truth to these claims? Read article here… Notice: The link provided in the text above connects readers…