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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…
Ask Rusty – Working & Social Security
Dear Rusty: I recently turned 62, and have not yet filed for Social Security benefits. At this point my benefit based on my own record would be about $1,000 per month, but since I still work I know I would…
Representative payees help those who can’t manage their Social Security benefit.
For people who need help managing the financial aspects of their life, Social Security provides the option of having a “Representative Payee” set up, usually a trusted close family member or friend. This Terre Haut Tribune Star article by Social…
Could there be a COLA increase in 2018?
Although it’s way too early to know for sure, according to this Motley Fool article by Todd Campbell there are signs that next year we could see a 2.56% Cost Of Living Adjustment in our Social Security checks. We won’t…