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In Support of Raising the Retirement Age
In a recent survey found 79 percent supported the idea of raising the full retirement age from 67 to 68 to help eliminate the Social Security budgetary shortfall. Read article here… AMAC, has crafted a proposed legislative framework designed to ensure Social Security’s…
Test Your Knowledge
How well-versed are you on the subject of retirement? Take this short ten question quiz posted on Kiplinger website (www.kiplinger.com), you may be surprised. Take quiz here… Notice: The link provided in the text above connects readers to the full content of…
Working, Collecting Social Security, and Roth IRA
If you are collecting Social Security and you’re earning income by working, you still can contribute to a Roth IRA to make the most of your retirement income. Read article here… Notice: The link provided in the text above connects readers to…
What the Expert Do to Prepare for Retirement
Liz Weston, a columnist for personal finance website NerdWallet.com, asked money experts who have retired their best advice on how to prepare for retirement. Read her column here… Notice: The link provided in the text above connects readers to the full content…
Medicare Advantage: Is it Right for You?
At age 65, you can enroll in “original” Medicare Part A and Part B or a Medicare Advantage plan, sometimes referred to as Part C. The attached article reviews the upsides and downsides to Medicare Advantage plans. Read article here……
Do You Have A Backup Plan?
According to the National Academy of Social Insurance, sixty-five percent of seniors get most of their retirement income from Social Security, and for one-quarter of recipients aged 65 and up, their monthly benefit checks are their sole source of income.…
Automatic Enrollment in 401(k)
Most individuals are working until they reach retirement age and many employers offer 401(k) plans; however, the employees are not taking advantage of the “free money”. Can automatic participation improve retirement for American workers? Read article here… Notice: The link provided…
Small Business Owners: Too Busy for Retirement Planning?
According to a new report from BMO Wealth Management, small business owners are too busy to think about retirement. 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…
Having trouble saving for retirement? You’re not alone.
Lack of sufficient savings for retirement is probably one of the biggest deterrents facing those approaching their golden years. This article by Motley Fool’s Sean Williams appears at madison.com and explores why, in the greatest nation on Earth, that so many…
A better strategy for planning your retirement savings.
Of course a lot depends upon how close to retirement you are, but estimating what your retirement income needs will be and then taking a detailed look at how you will generate that income is the strategy to use when beginning…