Things to Know Before Retiring in 2016

Many changes have gone through this year that will be enacted in 2016 pertaining to retirement and Social Security. The biggest changes are in popular filing strategies such as file-and-suspend that drastically alter how couples should plan for their retirements. Many more changes are going through, however, mostly rising costs in certain areas of retirement coupled with stagnant cost of living adjustments. All of these together mean that you may have to stretch your money further in the next year. For more information on this subject visit this article by Jaime Catmull with GoBankingRates.

 

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