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 […]
The Time is Now for Your Income Plan Read More »
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
What To Do When You Can’t Meet Your Monetary Retirement Goals Read More »
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
Planning to Start Your Social Security Insurance Benefits at Age 62? Read More »
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
How to Save for Your Retirement Read More »
You will be surprised to learn who, in general, as the best retirement income. If you are still young, this may change your mind about what employment opportunities to seek. If you are middle-aged or older, you may want to follow Dennis Miller’s advice or you may have some unpleasant surprises in store for you.
Who Has the Best Retirement Income? Read More »
When it comes to vehicle fatality rates, many believe that teenagers are the highest risk group, but that is not the case. Actually, it is senior citizens, ages eighty and above that have the highest average fatality rate for vehicle crashes based on miles driven. Essentially, too many senior citizens tend to drive long after
Senior Citizens Driving Safely: When to Hang up the Car Keys? Read More »
According to the United States Department of Labor, fewer than 50 percent of Americans know how much money they’ll need to survive retirement. Even though the average person will spend 20 years of his or her life in retirement, very few are currently planning for life after work. No matter how far away from retirement
It’s Never Too Early to Begin Preparing for Retirement Financially Read More »
As a parent your life is largely spent providing support for you children. Whether it’s buying their food, saving for their education or keeping a roof over their heads, it can feel that the support you offer is all too often a financial one. You poured every asset you own into their future, and then,
You vs the Kids – The Battle for a Better Retirement Read More »
For seniors and their families, the prospect of becoming one of the 1.5 million people who reside in a nursing home can be scary. If you haven’t had experience with nursing homes, you probably don’t even realize how little the majority of people know about day-to-day life inside one. A lot of public knowledge is
Common Myths About Nursing Homes Read More »
With the average monthly cost of an assisted living facility just over $3,000, it’s important to know that your loved one is getting what they, or you, are paying for. While you expect to see various types of physical health care providers employed by an assisted living facility, did you know that you should be
Five People You May Find Working in an Assisted Living Facility Read More »
6 Annuities FAQs: Yesterday we talked about how useful annuities are for retirement planning. Today we are going to look at some common misconceptions about annuities. Fact or Fiction? — 1) Many different investments offer a guaranteed income stream. — Fiction! Annuities are the only financial planning option that can guarantee a continuous stream of income throughout
The Truth About Annuities Read More »
Why You Need An Annuity 1) Annuities Provide Tax Savings An annuity has numerous advantages. The first advantage is tax deferral on interest and capital gains which allows the principal to compound tax free and can save you a lot of money. There is no IRS reporting requirement until you actually make a withdrawal from
Annuities for Retirement Read More »
