The Details More People Should Know About Medicare

Before you enroll, take note of what the insurance does not cover and the changes ahead,Misconceptions about Medicare coverage abound. Our national health insurance program provides seniors with some great benefits. Even so, traditional Medicare does not...

The A, B, C, and D of Medicare

Breaking down the basics & what each part covers.Whether your 65th birthday is on the horizon or decades away, you should understand the parts of Medicare – what they cover and where they come from.      Parts A & B: Original Medicare. America...

Set Goals as You Save and Invest

Turn your intent into a commitmentGoals give you focus. To find and establish your investing and saving goals, first ask yourself what you want to accomplish. Do you want to build an emergency fund? Build college savings for your child? Have a large...

What Should You Keep?

Even with less itemizing, there are still tax documents you want to retain for years to come.Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and you may be wondering how many receipts, forms, and records you need...

Why You Want a Retirement Plan in Writing

Setting a strategy down may help you define just what you need to do.Many people save and invest vaguely for the future. They know they need to accumulate money for retirement, but when it comes to how much they will need or how they will do it, they are...

Good Reasons to Retire Later

Working longer might work out well for you.Are you in your fifties and unsure if you have enough retirement savings? Then you have two basic financial choices. You could start saving and investing more of your pay than you currently do, or you could work...

The Retirement Mindgame

Your outlook may influence your financial outcome.What kind of retirement do you think you’ll have? Qualitatively speaking, what if the success or failure of your retirement begins with your perception of retirement?   A whole field of study has emerged on...

For Retirement, Income Matters as Much as Savings

A recent poll of pre-retirees suggests that truth risks being ignored.Steady income or a lump sum? Last year, financial services firm TIAA asked working Americans: if you could choose between a lump sum of $500,000 or a monthly income of $2,700 at...

Bad Money Habits to Break In 2019

Behaviors worth changing for the New Year.Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, the New Year is as good an...

The Details More People Should Know About Medicare

Now 64? Prepare to Sign Up for MedicareThis is the time to arrange lifelong health coverage.Age 64 is the age when you are reminded that you are a baby boomer growing older. Regardless of how young or old you feel at 64, you should make sure to sign up for...

Shopping for Health Coverage in the Years Before Medicare

(This article is excerpted from Retirement Game-Changers: Strategies for a Healthy, Financially Secure and Fulfilling Long Life by Steve Vernon, FSA.)If you want to retire before age 65, which is the eligibility age for Medicare, then finding affordable...

Money Moves to Consider for Young Adults Living With Parents

While it’s been played for laughs on both television (“Modern Family”) and the big screen (“Failure to Launch”), the trend of young adults living with their parents into adulthood isn’t slowing down.The percentage of young adults living with their parents...

Targeting Specific Purchases As You Pay Off Credit Card Debt

This repayment hack could help you knock out credit-card debt fasterForget that minimum monthly payment. A forthcoming study finds consumers paid off more of their monthly credit card balance when given the chance to target specific purchases on their...

An Estate Plan Should Not Cause Family Conflict

This article is reprinted by permission from NerdWallet.Creating an estate plan is a gift to the people you leave behind. By expressing your wishes, you’re trying to guide your loved ones at a difficult, emotional time.All too often, though, well-meaning...

I.R.S. Announces 2019 Retirement Plan Contribution Limits

Get ready to save more for retirement in 2019! The Treasury Department has announced inflation-adjusted figures for retirement account savings for 2019, and there are a lot of changes that will help savers stuff these accounts.After six years stuck at...

Latest Jobs Report Shows Net Gain of 250,000 Hires

Washington (CNN Business)The US economy added 250,000 jobs in October, significantly exceeding expectations, the government announced Friday.The unemployment rate remained at 3.7%, a 49-year low. Hispanic unemployment reached its lowest rate ever, at...

What Does It Take to Thrive as an Entrepreneur?

Fifteen years ago, CEOs and founders were not considered “cool” enough; they were thought of as boring and bland. Fast forward to 2018 and entrepreneurship is the next best thing, and for good reason. The road to starting your own business and being...

Why Hybrid Life Insurance Policies Are Increasingly Popular

While traditional stand-alone long-term care insurance (LTC) products have seen a drop in popularity in the past several years as a result of companies leaving the marketplace and of spiraling policy premiums, life insurance-backed long-term care financing...

Retiring With Outstanding Student Loans

According to the Consumer Financial Protection Bureau (CPFB), the number of student loan borrowers 60 and older rose at least 20% nationwide between 2012 and 2017. In more than 75% of states, outstanding student loan debt increased by 50% or more. Why this...

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