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We are seeing many ads for Medicare policies on television, and your mailbox may be filling up with solicitations from different insurance companies.This is because Medicare open enrollment starts in about two weeks. This happens every year between Oct. 15 and Dec. 7. This is when anyone ...

It has been widely reported that the first person to receive Social Security was Ida May Fuller. She worked for three years under the SS program, and paid $24.75 in payroll taxes. Ida lived to be 100 and collected $22,888 in Social Security benefits.She also lived much longer than most people ...

When preparing for retirement, it is important to understand the money cycle.Most people think there are only two parts to it, when there are really three parts. While you are working, you are in the accumulation phase. You are paying down major debts such as a mortgage and student loans.You ...

Today, we are going to discuss the SECURE Act which took place on Jan. 1 and the CARES Act, which was enacted to help with the pandemic.The Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed near unanimously, which almost never happens in todayÄ¢¹½ÊÓÆµ divided Washington, ...

Your Financial Future: Paying the piper

Last week we discussed how the stock market indexes have come roaring back from March lows. This is seemingly a disconnect from economic reality. The indexes are too influenced from six or seven stocks that have taken over their performance numbers.Between Feb. 19 and Aug. 18, only 38% of ...

Your Financial Future: Behind the headlines

Headlines do not always tell all of the story.We hear every day if the DOW and the S&P 500 were up or down. This is how many people judge the stock market, yet many people do not understand exactly what these indexes represent. Who decides what companies are included and how often ...