savings
Don’t Spend that extra SS money yet – Medicare will cut into your COLA increase!
In an announcement by the Centers for Medicare & Medicaid Services (CMS), we were told that the new cost of our Medicare Part B coverage for 2026 would be $202.90, instead of the $185 per month we paid in 2025.…
Closing the “Retirement Savings Gap”
It’s pretty well recognized, especially among financial planners, that Americans suffer a fairly large “retirement savings gap” – that is, they have less in savings than they will require in their so-called “golden years.” That is, of course, an unfortunate…
CMS Announces 2026 Medicare Costs
Somewhat delayed by the recent government shutdown, the Centers for Medicare & Medicaid Services (CMS) has finally announced the costs seniors will be required to pay for their healthcare coverage. As you likely know, Medicare consists of several “parts” called…
Looking to Increase your Retirement Savings? Here’s some good news!
For those of us who see retirement on our horizon, saving as much as possible for those “golden years” is essential. And many choose to use traditional IRAs to bolster our savings, or contribute to our employer-sponsored 401(k) or 403(b)…
Two biggest regrets of retirees
“Small amounts saved daily add up to huge investments in the end.” – Margo Vader The two biggest regrets of the majority of retirees are not saving enough and not starting to save early, according to the latest study by…
Taking the necessary steps to avoid mistakes in retirement
Your retirement is almost here. Your plans to play more golf, visit the grandchildren, and just enjoy your life now that you are no longer accountable to a time clock. But before you start to celebrate, you need to avoid…
Is retirement unattainable?
A recent survey from TIAA Retirement Solutions found “the traditional goal of retiring between the ages of 65 and 70 is considered unattainable by two-thirds of Americans today, and many expect to work as long as their bodies will allow…
Social Security Announces 2.8 Percent Benefit Increase for 2026
The awaited announcement of the 2026 Cost of Living Adjustment has finally been made. Please see this article from the Social Security Administration. Also, if you’re unsure about how these basics apply to you, or if you have any questions…
“No tax on Social Security:” Here’s the real story
Be careful of campaign promises and political spin – they don’t all happen, and sometimes they may actually happen, but take an unusual and different approach. Such is the case with the bold assertion by the Administration that “income tax…
Tips to Prevent Retirement Financial Disaster
Retirement can be scary! Depending on your financial circumstances, unknown future situations can derail your retirement comfort and result in financial disaster, thus entirely disrupting your life. So, what should you do to avoid such circumstances? Well, renowned financial advisor…