seniors
Are you emotionally ready to retire?
Although most retirement planner focus on the financial aspects of achieving a comfortable retirement, don’t forget about the emotional aspects as well. Are you ready to go from a full day of working, along with the related stress of your…
Is increasing Social Security’s full retirement age on the horizon?
Social Security’s full retirement age (FRA) is the point at which you get 100% of the monthly benefit you’ve earned from a lifetime of working. Right now, the FRA for anyone born in 1960 or later is age 67. And,…
New Tax & Spending Bill being considered
The House Ways & Means Committee recently released a draft of the Trump Administration’s planed Tax Bill for the next fiscal year, and that bill could be voted on in the House of Representatives by next week. Of course, the…
2026 COLA: Good news and bad news
The Senior Citizens League (SCL), an advocacy group for seniors, regularly monitors the U.S. cost of living, with an eye towards what next year’s Cost of Living Adjustment (COLA) might be for those collecting Social Security. And even though actual…
How do you qualify for a grocery allowance through Medicare Advantage?
We have all seen TV ads or social media posts about seniors qualifying for a grocery allowance, but who qualifies? First, you must be enrolled in original Medicare Parts A and B and choose to enroll in a Medicare Advantage…
Contrasting View: Taking Social Security at 62 is wrong
In contrast to yesterday’s Headline Article at this website – “Should You Claim Social Security at 62?” – this article by financial guru Suze Ormond argues that, in most instances, you should not claim Social Security at age 62 but…
Social Security Under New Leadership
Financial services executive Frank Bisignano has taken over the helm as Commissioner of the Social Security Administration, replacing Acting Commissioner Lee Dudek. This appointment comes at a challenging time for Social Security, in the midst of several recent changes aimed…
Social Security for Married Couples
When to claim Social Security is a relatively simple decision for single individuals – base your claiming decision on your own personal financial needs. But that decision is not so easy for a married couple, because each couple should look…
Should You Claim Social Security at 62?
Most financial advisors will likely say no – it’s far better to wait longer to claim Social Security and get a higher monthly payment for the rest of your life. Why then, is age 62 the most popular age to…
Are You Ready to Claim Social Security?
Being mentally ready to claim Social Security and being physically ready to make that move may be two different things! Sure, if you’re stressed out at work or otherwise simply ready to hang up your work clothing, and you are…