A recent Gallup poll determined that, 42% of low-income respondents will rely on Social Security and part-time work to help them through their “golden years”. Surviving on Social Security alone is difficult if not impossible but unfortunately many are relying on it. Overall, those nearing retirement age today, i.e. 50- to 59-year-old nonretirees still see Social [...]
Why Are So Many Seniors Still Working? By Dennis Miller Go into any fast food restaurant or retail store and you’ll find a lot of seniors working for minimum wage. Here’s why. When personal computers hit the scene, numerous retirement-planning programs quickly became available. You entered your personal financial information, along with yield and inflation [...]
Funerals are important occasions which need to be approached with due care and attention. As a dignified event, intended to help mourners bid their final farewell to loved ones, there are many things to consider when planning a funeral. Burial or Cremation Perhaps the first thing you need to consider when arranging a funeral is [...]
Retirement is meant to be a time of relaxation and enjoyment but it can also be stressful if you haven’t prepared properly for it financially. If all you are relying on is Social Security you are destined for trouble. Social Security is not meant to be a pension plan but rather a safety net in addition to [...]
By Dennis Miller I have a friend who says, “Why make a decision today if it can be put off until tomorrow?” While that might sound cute, waiting until the transmission on your car is totally broken and having the vehicle towed to a dealer for a trade-in certainly isn’t the optimal way to negotiate [...]
When you get close to retirement and you realize that you are not going to be able to meet the goals that you had in mind, it can be extremely discouraging. However, when you are late in the game, it doesn’t mean that you can’t catch up. Here are a few of the best things [...]
Once you have finished college and are well-established in your career, you begin to plan your retirement more seriously. One thing you need to consider is the age you plan to collect your social security insurance benefits. My parents both began at 62. One of them died at age 71 while the other is still [...]
Preparing for retirement can be a challenge and it is especially difficult when the government keeps changing the rules of the game and the value of our money (through inflation and varying rates of inflation). In today’s post, Dennis Miller explains what can happen if you don’t take personal responsibility for your retirement finances. He also outlines [...]
