retirement
White House Statement about reducing Medicaid Fraud

In an effort to clarify (in the face of relentless media reports of potential healthcare cuts to needy Americans) the White House has released a statement about finding fraud, waste and abuse in the nation’s Medicaid program (not to be…
Are You Really Ready for Retirement?
Suddenly pulling the plug on a decades long working career can be disconcerting at best, and traumatic at worst! So, are you really ready for that? Going from a 40 to 50 hour work week, to suddenly having nothing but…
Retiring abroad has its challenges
Social media is full of advice for retirees wanting to live abroad. Their videos highlight the lower cost of living in places like Costa Rica, Malaysia, and Portugal. Yes, other countries have lower living costs, but that does not mean…
Future retirees will need a new retirement strategy

The way people are saving for retirement is changing. Why? A recent survey by GOBankingRates and New York Life found that just over 90 percent of respondents aged 65 and older said they would rely heavily on Social Security and…
A record year for Social Security

More Americans are filing for their Social Security benefits this year, according to an analysis by the Urban Institute. There are several factors, including the silver tsunami of retiring baby boomers, anxiety about the direction of the economy, changes to…
Employees are contributing to their retirement accounts at a record rate

Although retirement account balances dipped in the first quarter of 2025, retirement savings rates “stayed consistently high,” according to a recent Fidelity Analysis. Fidelity attributed the small decline in retirement balances to the stock market turbulence. In their analysis, Fidelity…
Turning retirement savings into regular income
Turning retirement savings into regular income continues to pose a challenge for retirees, according to Vanguard’s investment strategy group. The group examined information from 70,000 retirees who had been in an employer-sponsored 401(k) plan administrated by Vanguard for five years…
How can employers better prepare employees for retirement
A recent report from the TIAA Institute and the Global Financial Literacy Excellence Center found that over a quarter of millennials surveyed expect to live 30 or more years in retirement; however, their retirement savings are falling short. Employers can…
The disadvantages of claiming at 62
You can start receiving your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits only when you reach your full retirement age. There are advantages and disadvantages to taking your benefits before your…
Stop pretending that nothing is happening to Social Security
How important is Social Security to the American seniors? According to a recent survey from The Senior Citizens League, “67 percent of seniors said they rely on Social Security for more than half their income.” Among Social Security beneficiaries age…