Financing Health: How to Plan for Emergency Bills

Paying for unexpected medical bills can be costly and set you back financially if you are not prepared. However, there are some things you can do to minimize the impact of future emergency medical costs and other unexpected expenses. We have put together a list of practical ways you can better prepare for emergency expenses, no matter where they come from.

Health InsuranceHaving insurance is an absolute must, and provides one of the best ways to reduce medical expenses of an unanticipated emergency. An average hospital bill can run up to tens of thousands of dollars, which most people are not prepared or even capable of paying. Choosing a good [Continue reading]

Will You Blow $180,000 of Your Social Security?

Optimizing your Social Security payments hinges on more than the age you at which you start receiving benefits. Guru’s and financial planners often make it sound easy to decide when is the optimal point to begin collecting your Social Security. But the question is really trickier than it might seem. Every situation is different and with many couples having two working spouses eligible to collect Social Security, deciding on the perfect age to begin collecting is even trickier. But there are a variety of options… some of which are rarely discussed… including having the spouse with the shortest life expectancy begin collecting early while the other waits until later. In today’s post Dennis Miller looks at a few other options you should consider. ~Tim McMahon, editor

Will You Light $180,000 on Fire by Taking Social Security at Age 62?

By Dennis Miller

On the television series Dragnet, Sgt. Joe Friday was known for his calm demeanor while questioning witnesses. When they began to ramble, he would corral them with comments like, “Just the facts, ma’am.” Sound advice for the witness stand, but when it comes to retirement planning, Sgt. Friday was giving the wrong instructions. Instead of asking for “just the facts” we should ask for “all the facts.”

A recent article for Bankrate featured a frightening graphic quoting Social Security Solutions founder William Meyer: “Two-thirds of Americans take Social Security at age 62, giving up $180,000 if single, or $323,000 if married.” [Continue reading]

IRS Civil Asset Forfeitures Targets Noncriminals

Asset Seizures

In addition to the IRS targeting members of conservative organizations... it appears that the IRS and other government agencies are also targeting ordinary citizens for "Asset Forfeiture" which is just a fancy word for outright theft as there is no … [Continue reading]

The Tale of Two Insurance Policies

No Medical Exam Required

Recently as I was opening my mail I got a large envelope from my Credit Union and another one from AAA and interestingly both were trying to sell me Life Insurance. My first impulse was that I didn't need any more Life Insurance and I consigned them … [Continue reading]

Afraid Your Money Will Vanish before You Do?

Senior Salute

Unlike Jack Nicholson’s character in A Few Good Men, we trust that you can handle the truth. No matter your age, securing a comfortable retirement is a huge concern. Folks want the whole truth about their financial outlook, but straight answers are … [Continue reading]

9 Ways to Retire Rich

Average Investor

For real people, building a rich retirement requires creative solutions beyond “start saving early.”  In today's post Dennis Miller looks at conventional wisdom and compares theory with practice. He shows that the average investor doesn't even keep … [Continue reading]

Retirement Planning for the Bommerang Generation- Infographic

Bomerang Investing

Recently, our friends at Milliman Employee Benefits created an infographic on retirement planning for the millennial generation. Millennial's parents were from the "boomer" generation and because so many of the millennial generation  are returning … [Continue reading]

Reducing Investment Stress


Planning your finances and choosing investments can be stressful especially when markets are volatile. But it can be downright scary when like in 2008 they enter free-fall.  Many people have decided that the stress (and chance of loss) just  isn't … [Continue reading]