What will happen now that the election is over? The jury is still out.It was very close. Neither side should act like they received a big mandate. The Democrats still control the House, but their margin was reduced. It appears that the Republicans will control the Senate.Wall Street usually ...
It has been announced that Social Security checks will go up 1.3% for 2021.The new rate will be effective in December for checks issued in January. SS is one of the few retirement income sources that have a cost-of-living increase. This is one of the reasons that you want to try and maximize ...
This week, we are going to discuss another of the important retirement assets, Social Security.Many seniors are worried and concerned. There have been some misleading campaign ads on this important topic. Today we will be concentrating on the retirement aspects of SS.When SS was started, it was ...
Today, we are going to discuss one of the most important government programs for seniors - Medicare.Many people are concerned about what they are hearing in political ads. Like many so called facts in campaigns, both sides take many things out of context and try to make things look better for ...
American society is unfortunately lacking in financial literacy.Our schools do not teach this subject in enough depth, and as a result many families face more stress and their living standards are lower than necessary. Financial pressure is a major reason leading to divorce and family discord. ...
Americans now are more responsible for their own retirement than ever before.Most will not get defined benefit pensions unless they work for a government agency or a very large company. Yet, according to a recent Department of Labor report, only 40% have even calculated how much they need to ...
