retirement
COLA and You!
In mid-October every year, we learn what our Cost of Living Adjustment (COLA) will be for the upcoming year. For most seniors, their Social Security payment is a major source of income, and COLA is applied to your SS monthly…
Ask Rusty – Do I Need to Sign Up for an Online Social Security Account?
Dear Rusty: I recently I heard the tail end of a radio program which was discussing “signing up for my Social Security account.” I am now 76 years old and have been receiving my SSA monthly amount directly into a…
Medicare Advantage is changing for many!
“Medicare Advantage,” also known as “Medicare Part C,” will undergo some significant changes for 2026. Thus if you currently have a Medicare Advantage plan, be sure to do your due diligence as the new year approaches! Medicare Annual Open Enrollment,…
Medicare “Open Enrollment” is now – Here’s how to save money!
The annual Medicare “Open Enrollment period is upon us, starting on October 15th and running through December 7th. This is the time of the year when you can change your Medicare coverage, and it is the best time to evaluate…
Preserving your purchasing power
We have all heard the phrase “purchasing power,” but what does it mean to the average pre- and post-retiree? Purchasing power is “the value or buying capacity of your fixed retirement income in the face of inflation.” We have also…
Determining your retirement savings needs
Some leading retirement experts have said that two million dollars is generally enough to retire comfortably. But do you really need that much saved for retirement? Everyone’s idea of retirement is different, so should their retirement savings; however, there are…
Are American retirees underprepared?
Is retirement in America truly a tale of two cities? Yes, there is a certain section of the retiree population that is doing well during their retirement, while others are not. Why are U.S. retirees generally underprepared to live well…
A Beginner’s Guide to Social Security
For many folks, retirement is a destination. Thoughts of someday kicking back and reflecting on a career well executed, or a history of meeting the challenges of supporting a family, or the simple satisfaction of being a part of a…
National HSA day
Although Health Savings Accounts (HSAs) are not officially recognized as retirement savings accounts, they can be used to supplement retirement savings in various ways. In honor of National HSA Day, October 15th, the Plan Sponsor Council of America (PSCA) has…
Bring your retirement strategy up to speed
The only thing constant is change – Heraclitus. That can also be said about retirement planning. The world is evolving, so should your retirement strategies. The same old strategies that served our parents simply do not apply in today’s economy.…