Latest News
The “retirement equation” and how to improve it
There’s a big difference in the retirement strategy used by baby boomers versus younger millennials because the whole landscape of retirement saving has changed over the years. This article by Anne Ackerley of BlackRock appears at seekingalpha.com and explains what…
Common Mistakes in Filing for Benefits
It is very easy to make mistakes when filing for your Social Security benefits, and unfortunately these mistakes could greatly affect your retirement in a negative way. Some mistakes, such as mistakes in your earnings records, could cost you a…
Getting the Most Out of Your Money in Retirement
Retirement means taking on a lot of changes, and with these changes come a plethora of important decisions which will dictate how the rest of your life will go. Among the most important decisions are those on finances and Social Security. For most…
Retirement planning needs to address more than the financials
Pulling the plug without giving adequate thought to filling the void after leaving a career behind can have devastating effects on your emotional well-being in those later years. The Street’s Robert McGarvey takes a look at the impact retirees can face…
Trying to zero in on your retirement decision? Here’s some thoughts to consider.
It’s a big decision, and it’s certainly not an easy one. So if you’re giving thought to the timing of you Social Security filing decision, these tips from The Fool’s Maurie Backman posted on host.madison.com might be of help to you.…
Disability Insurance (DI) Facts
(Source – Social Security Administration) Social Security disability payments are modest, but they keep some families financially afloat. Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link…
Explaining the Rise in Social Security’s Wage Cap
If your taxable 2017 earnings will exceed this year’s cap ($118,500) by a wide margin, you’ll see a hefty increase in the amount of Social Security tax withheld from your pay. Specifically, if you earn more than $127,200 in taxable…
Connecting the Dots Between Now and Retirement
Forbes contributor Elle Kaplan offers some thoughts on making saving for retirement more doable for those who find themselves behind the curve. From using “virtual reality” techniques to employing retirement calculators, and from using a “pay yourself first” approach to siphoning…
Managing Finances in Retirement–The Importance of Getting Help
Understanding what a “fiduciary” is and what services they provide, as well as how to assess the validity of their background, can go a long way to ensuring that you’re on sound footing as you make financial decisions for retirement. It’s…
A “Minimum Benefit” Proposal to Guard Against Potential Affects of FRA Increases
Many of the proposals in play to solve the Social Security solvency issue call for increases in the full retirement age, with age 69 being a popular destination for this parameter. The corollary impact of this change, some fear, is…