It’s a tricky thing to maneuver retirement income, but at some point we all have to do it, preferably before we leave our jobs. As we approach retirement, we may be wondering exactly how much longer we need to work, and if we’re really prepared for managing the money we’ve spent our careers stowing away for such a day. It’s a lot of pressure. But l...Read More
Everyday thousand of scammers find new ways to steal personal information. It’s a very common method of government impostor scam, in which fraudsters pose as government officials to get you to give up personal and financial data for use in identity theft. This is a very serious and growing problem. Con artists continue to call with robocalls and li...Read More
The baby boomer generation spans from working individuals in their 50s to those who are fully retired, however not all baby boomers have substantial retirement savings at their disposal. This leaves social security a critically important source of income for millions of individuals set to retire over the next couple of decades.
When it’s time to claim those social security benefits, depending on the Social Security Administration may be a mistake. Social Security employees generally don't give case-specific advice. This means you are on your own to make the most important financial decision of a lifetime.
Planning for retirement is an essential goal to have in adulthood. It is a good idea to start thinking planning for retirement when you are younger instead of older. This can help you have an idea about the amount of money you’ll need to fulfill your retirement dreams. However, knowing your retirement goal is as important as the steps you’ll take t...Read More
Most Americans depend on Social Security for their post-retirement earnings. But very few have a proper understanding of the nuances of Social Security. It can be very confusing and overwhelming. So here are a few pointers to help make the picture more clear for you. The Top Social Security Tips to Help You to Get the Most Benefits That being said,...Read More
Many Americans find it difficult to answer a five quiz question correctly regarding Social Security retirement benefits. In a recent online survey, 47% of adults of 50 years and above miserably failed the a quiz about social security benefits.It is important to note that people’s awareness about Social Security has increased over a period of ...Read More
Do you look forward to retiring? You may have your retirement plan and spending budget all set, or you may still be putting it all together. Have you allowed enough in your retirement planning and spending budget to take care of taxes? Taxes and Your Retirement Dreams Someday, you dream of being able to work if you want to do so. For many Americans...Read More
April is National Social Security Month. It’s a perfect time and opportunity to discuss the advantages of “customizing” your social security benefits. Everyone needs to know what the social security benefits are so you can prepare for retirement. Since baby boomers are now living even longer than their parents, there is often a need to utilize any ...Read More
Key Points Social Security’s 2018 cost of living adjustment will be the largest in six years For many, higher Social Security benefits will be offset by increased costs for Medicare The Social Security system faces long-term challenges, but may be healthier than you think In recent years, Social Security recipients have had to settle for little or ...Read More
One of the most put off expenses for working adults is retirement savings. The period of time we spend working is more than forty years – that’s a long time to save! During the first years of work, entry level paychecks barely cover basic expenses, which means it’s not easy, or even feasible, to save for retirement. While this is understandable, wh...Read More
As you get closer to retirement age, you’re probably taking a peak at the Social Security statement. Will it be enough? Most seniors find relying Social Security benefits alone don’t nearly cover all expenses. In fact, some even have to pick up a job again so they can make ends meet. That idea may not bother you now, but when you finally hit the re...Read More