retirement
Do you fear retirement?
Retirement – that dream that we’ve all likely had since we started working! Unfortunately, far too many Americans approach retirement with trepidation, fearing they may not have the money they will need to retire in comfort. A recent study found…
Words of Wisdom About Living Longer
Ready for a little inspiration? In these days of frequent political discord, with just about every media article we read exploring some looming crisis or projected chaos, let’s take some time to ponder what is important in life. After all,…
About Fraud in Medicare and Medicaid
Seeking fraud and eliminating government waste seem to be popular buzz words today, and the primary targets on the potential fraud list are Medicare and Medicaid. Indeed, the U.S. Government Accountability Office recently suggested that the federal government loses between…
Five minutes could make a difference
We all heard the myth about the memory of a goldfish: they have a three-second memory. This claim has permeated popular culture, becoming a common reference point for forgetfulness or a lack of attention. However, this claim has little to…
Increase anxiety and concern about Social Security
A recent poll by The Associated Press-NORC Center for Public Affairs Research found that 30 percent of individuals aged 60 and up said they were not confident about the availability of Social Security benefits. A similar poll conducted in 2023…
How Social Security fits into your retirement plans
This year, many federal employees will be retiring or will be facing downsizing. It is important for them, and other individuals, to reevaluate their retirement plans and understand how Social Security benefits fit into them. Tammy Flanagan, Retirement Counseling and…
Is retirement just a concept?
Is retirement nonsense? Well, according to David Letterman, it is. Mr. Letterman said in a recent interview with GQ magazine, “You won’t retire, the human mechanism will not allow you to retire.” However, for many people, retirement is a luxury…
Engagement and education gaps involving retirement income
A recent study by the Defined Contribution Institutional Investment Association (DCIIA) found “engagement and education gaps involving retirement income remain a major concern.” The study also found low financial literacy surrounding retirement income and low adoption rates of retirement income…
Best small town
As many individuals approach retirement, they may start looking at ways to stretch their retirement savings by relocating to another town or state where the cost of living, housing, and crime rates are lower. GoBankingRates recently released its list of…
Will living five more years really deplete your savings?
With retirees living well into their 90s and beyond, millions face a growing risk of outliving their savings. Recent research by Nationwide and The American College of Financial Services found an “extra five years increases the risk of running out…