If you live in or have recently visited one of America’s larger cities, you may have noticed that the homeless problem has grown in recent years. Continue reading
A Medicare supplement insurance plan, also known as a Medigap or Med Supp plan, is purchased in combination with original Medicare to help pay out-of-pocket costs not covered by original Medicare. Continue reading
Recessions have consequences, and the Great Recession of 2008 may have produced one of the most influential consequences of all: the millennial mindset. Continue reading
The Federal Reserve recently reported that four out of 10 American adults surveyed said they would struggle to pay for an unexpected expense of $400 or more. Continue reading
The “elderly” portion of retirement is the phase that is past travel, golf, shopping, piggyback rides and puzzles on the floor with the grandkids. Continue reading
The older we get, the more likely we are to need medical care, which is why health insurance premiums are higher for mature adults. Continue reading
As you begin the retirement planning process, it’s important to have a strategic income plan with regard to Social Security benefits. Continue reading
When it comes to retirement preparation, a common benchmark goal is having one’s mortgage paid off. This typically removes a large, ongoing payment from the budget and can reduce retirement expenses substantially. Some people even schedule their retirement just after their final payment date. Continue reading
Perhaps you are familiar with an annuity. The basic premise is that you convert a lump sum of money into a stream of income. Continue reading
According to IRS estimates, taxpayers collectively pay about 82 percent of taxes they legitimately owe. This amounts to about $458 billion annually in lost taxes, based on data from 2008 to 2010. Continue reading