Category: retirement

Questions Seldom Asked

Because I’ve been writing this column for about a quarter-century now, you probably can guess that there are questions I’ve been asked hundreds (if not thousands) of times during the past 25 years. And I don’t think there is a single Social Security-related question I’ve never been asked. But it dawned on me as I…


For Snowbirds, Home Is a Low-Tax State

By Rocky Mengle From Kiplinger’s Personal Finance Snowbirds often own two homes—one up north where these retirees spend the warmer months and one down south in colder ones. When one of those homes is in a high-tax state and the other is in a low-tax state, you want to establish residency in the low-tax state…


Investing in Retirement: The 4 Golden Rules

Retiring can feel like an overwhelming change in your life. If you’ve been planning for it properly, money is one thing you don’t have to worry about! However, if you’re nervous about managing your retirement account, know that there are strategies to ensure your retirement savings last. In this article, we’ll go through 4 rules…


Medicare Part B Will Cost Less Next Year

In a historic move, Medicare costs have declined for the first time in years. Seniors on Medicare will enjoy a reduction in the cost of Medicare Part B by a few dollars. The reason for the savings is that a drug called Aduhelm, which treats Alzheimer’s, was less expensive than was projected for 2022. Medicare…


10 Retirement-Friendly Business Ideas for the Over 50’s

Some people dream of the day that they can wake up with absolutely nothing to do. For them, retirement consists of sleeping in, lounging poolside, and doing as little as possible for the rest of their lives. But for most people, a life with nothing to do doesn’t sound so pleasant. And with 72 percent…


Social Security Income Restrictions

By Elliot Raphaelson From Tribune Content Agency In a recent column in Investment News, Mary Beth Franklin discussed issues related to payroll taxes and to lost potential Social Security benefits for those who apply prior to full retirement age. Franklin has written an excellent ebook covering all Social Security issues, which you can order at…


How to Cultivate a Happier Retirement

Researchers have identified several factors besides money that contribute to a happier retirement, including good health, strong relationships, and a sense of purpose. But setbacks are inevitable, in life and in retirement. Not everyone enjoys good health—and no one enjoys it forever. Loved ones die or move away. The pursuits you thought would give your…


How to Choose the Best Travel Card for Retirement

Choosing the best credit card can be a tough decision at any age. This is especially true when considering travel cards for retirement. While the right travel card can help you gain free travel points and enhance your travel experience overall, the wrong can quickly tank your credit and leave you grounded for months or…


Four Ways Retirees Can Protect Their Savings

Even though the United States has a retirement system, it is not perfect. Compared with the retirement systems in other developed nations, it has become apparent that there are flaws in America’s system—chiefly because not everyone has access to a secure financial future. 1) Have a Retirement Plan The biggest retirement system flaw, says Yahoo.News,…


Meal Ticket No More: The ‘Gold Standard’ Private Pensions Exposed Now as High-Wire Busts

Like many retirees, Jesus Nunez knew he was due a pension but was having a hard time tracking it down. Now 66, the Burbank, Illinois, resident had worked as a painter and garage worker for the Checker Taxi Co. Inc from 1978 to 1986 and then another year for its successor concern. But when Checker Motors…