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Want to retire early? Learn about the “FIRE” concept (Financial Independence, Retire Early)
Early retirement is something likely dreamt of by most millennials and members of “Generation Z” but, as many Boomers and Gen Xers have discovered, retiring early is a pretty lofty objective. The FIRE concept (Financial Independence, Retire Early) is an…
Chronic Care Management may be available to you.
Chronic Care Management has been found to help Medicare patients reduce hospital and clinic visits. A person who has two or more chronic conditions is eligible for a federal program that pays doctors to do more to manage the patients…
A Sad Statistic: 30,000 died awaiting approval of SS Disability benefits
Social Security’s customer service issues are quite well known, especially by those who submit an application for Social Security Disability Insurance (SSDI) benefits. On average, it’s now taking about 8 months for an initial SSDI determination, and appeals of denied…
A Widow’s Social Security Journey
The aftermath of losing a spouse is difficult enough, without the stress of dealing with the Social Security Administration when they learn of your spouse’s death. And Social Security does find out – if not from a survivor, they’re usually…
Early Estimate of 2025 Cost of Living Adjustment (COLA)
While it is still way too early in the year to say with certainty what next year’s COLA increase will be, one senior’s group is suggesting that continued high inflation will likely mean another 3% (or so) increase to everyone’s…
Approaching 65? Here’s what you should know about Medicare
Medicare is the national healthcare plan for those over age 65 and, as you approach that age, there are several things you should keep in mind. First, you should remember than not enrolling in Medicare during your Initial Enrollment Period…
Working during retirement – an increasing trend
“Back in the old days,” as some would say, you worked many years in your career, and then retired to your so-called “golden years” of leisure, collecting your pension and your Social Security benefits. Well, the “old days” are no…
New Bill would make breakthrough technology available to Medicare participants
The Patient Access to Innovative New Technologies Act of 2024 ( HR 7939) would increase availability of new technology to Medicare recipients. This is a step forward in making sure patients have access to state of the art technology that…
Are you going to be able to retire at 65?
A majority of pre – retirees are adjusting their retirement strategies and deciding to put retirement off until later than 65. Many financial advisors are suggesting people wait to take Social Security until later to increase their payments as much…
About Taxation of Social Security benefits
It catches a lot of retirees by surprise – they claim their Social Security benefits unaware that collecting those benefits may very well result in a surprise income tax obligation when they submit their income tax to the IRS. Basically,…