seniors
Are you guilty of napkin math?
Are you guilty of “napkin math” when deciding when to take Social Security? I think we all are, but how reliable is the math? Do you have all the necessary information to make an informed decision? Dana Anspac explains how…
Do you know what COLA means to retirees?
Although the official annual Social Security cost-of-living adjustment, or COLA, will not be announced until October 10th, the news media is buzzing with estimates on the percentage of the increase. But what does COLA mean to retirees? Adam Levy outlines…
Would Americans support lowering Social Security payments?
The Social Security Trustees project the Social Security Trust Fund will deplete its reserves by 2033; upon insolvency, all beneficiaries will face a 21 percent across-the-board benefit cut. The policymakers have only nine years until insolvency and must take action…
Medicare Open Enrollment is just around the corner
The annual Medicare Open Enrollment is right around the corner. The open enrollment period runs from October 15th to December 7th each year, when people with Medicare can review features of their Medicare plans offered and make changes to their…
Does your state tax retirement income?
Do you know if your state taxes your Social Security benefit and retirement income? Yes, some states do not tax your Social Security income, and some states do, but it is a modest amount. So, what about other forms of…
Is it a good idea to invest your Social Security in the markets?
Is retirement all about numbers, or are there more factors to consider when deciding at what age you should retire? Is it better to wait until age 70 to maximize your Social Security benefits, or take it early and invest…
Do you need all those things in retirement?
As you are planning the next stage of your life, you need to take stock of your possessions to make sure what you have is necessary for the next phase of your life. Joseph Eck, CFP, advises his clients to…
Five retirement challenges that many women face
Women face some unique challenges compared to most men when planning their retirement. The Women’s Institute for a Secure Retirement has listed five challenges facing women when planning for retirement. Tammy Flanagan outlines these challenges as a woman employed in…
The trend of unretiring
American retirees are returning to the workforce. The fastest-growing age group in the workforce is workers over 75, according to the Pew Research Center. Why? Some cite longevity, socialization, and inflation as factors for returning to the workforce. So, are…
Is it true that Americans have undersaved for retirement, Part 2
Attached is the link to the second part of Nevin E Adams’s report on Andrew Biggs’s new white paper titled “America’s ‘Retirement Crisis’: The Emperor Has No Clothes.” Read Mr. Adams’ part two here… Notice: The link provided above connects readers to…