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Baby Boomers and the Housing Market
The senior population wave being led by the maturation of the Baby Boom generation is beginning to change the housing landscape, with more and more attention being placed on social landscaping for senior living. From more emphasis on aging-in-place to…
Lifetime Income Disclosure Act of 2017
In an effort to increase the information provided to savings plan participants, Representative Luke Messer of Indiana’s 6th District earlier this month proposed H.R.2055, the Lifetime Income Disclosure Act, designed to require employers to provide supplemental information to retirement plan participants. The…
The Average Age Americans Claim Social Security Benefits
You may be wondering, when do Americans claim Social Security? According to the data from the Social Security Administration, the average American claims Social Security at 64.5 years of age. Read article here… Notice: The link provided in the text above connects…
Have You Asked these Three Qualitative Questions?
There’s another area of retirement that’s rarely discussed in depth; it is more qualitative in nature, as explained in an article by Forbes Contributor John Wasik. Read article here… Notice: The link provided in the text above connects readers to the full…
The Four Percent Rule Flaws
We have all heard about the 4 percent Rule, introduced by financial advisor Bill Bengen in 1994 suggesting a withdrawal rate of 4 percent of your nest egg in your first year of retirement. In subsequent years, use that figure as your…
Medicare: Frequently Asked Questions
Kimberly Lankford, Contributing Editor for Kiplinger’s Personal Finance, receives questions on Medicare every day and is sharing the frequently asked questions (FAQs) in her column. Read her column here… Notice: The link provided in the text above connects readers to the full…
Look Before You Leap Into Social Security Benefits
Many people simply jump into taking action with their Social Security benefits before they really think things through, and that can end up costing thousands of dollars in lost benefits over time. Read article here… Notice: The link provided in the…
February’s Average Monthly Social Security Benefit paid was $1,363.66
According to February’s monthly snapshot from the Social Security Administration (SSA), more than 41.4 million retired workers were being paid an average of $1,363.66 each month. Read article here… Notice: The link provided in the text above connects readers to the full…
You May be Eligible for Social Security Benefits Even If You Never Worked
What if you earned less than the minimum qualifying amount over your lifetime to claim Social Security benefits; can you still collect Social Security benefits? Yes, thanks to the spousal benefits option. Read article here… Notice: The link provided in the…
To Roll or Not to Roll Your 401(k)
For some retirees, it may be better to leave their money in their 401(k) instead of following the conventional wisdom and rolling it into an IRA. Read article here… Notice: The link provided in the text above connects readers to the full…