Retirement

Social Security benefits are a cornerstone of retirement planning for many Americans, providing a source of income in their later years. Understanding how these benefits work and the rules governing them is crucial for maximizing your entitlements. Whether you’re approaching retirement age or are just starting to plan, having clear answers to common questions can […] More

When you dream of retirement, where do you imagine spending your golden years? Is it where you are now, or is it perhaps somewhere else? Join us as we share our opinion and rank the best states to retire in. 50. Kentucky The Bluegrass State has some of the worst rankings in terms of quality […] More

There are a number of benefit programs available to the American citizens in their retirement years. These programs include housing, healthcare, and transportation needs. The eligibility differs per the specific program. We present 15 such government benefits for senior citizens. Housing Choice Vouchers (Section 8) The Housing Choice Vouchers program helps seniors to afford rent. […] More

There are a lot of things to stop doing after the age of 60, and a lot of them make sense considering that age is more than a number. Telling yourself the opposite is cute, but it’s not realistic. Starting a new career Out of all the things to stop doing after the age of […] More

Retirement should be a golden period. Think financial stability and joyful relaxation without worrying about inflation and repayments. However, it is not uncommon for seniors to regret certain purchases in their retirement that may have sounded appealing when paying the cost. Let’s look at 15 such purchases seniors often regret in retirement. You can avoid […] More

No one wants to hear you complain about putting your pension to work for you. Really; it’s like complaining that someone accidentally got dirt on the floor of your brand new Lamborghini because she did not wipe off the bottom of her 6-inch diamond-studded Christian Louboutin heels when you went to George Clooney’s house for […] More

One of the most common misconceptions about life is that you cannot possibly save for retirement when you don’t make that much money to begin with. It’s not easy to live on a small income, but many people do it. There are those of us who cannot imagine saving for retirement and living on less […] More

So many interesting financial questions have been presented to my husband and me in the past few weeks. I mentioned recently that he’s been with his current company for 15 years, working his way from the bottom to as far up the ladder of success as was possible, and now he’s been purchased by another […] More

Life insurance is considered one of the most important investments one can make. However, it comes in many faces, and is categorized in two main types: term life insurance and permanent life insurance. Term life insurance, or term assurance, does not have an investment component, unlike the latter. Hence, permanent life insurance is popular as […] More

If you are like most people, you are going to be relying on your Social Security payments when you retire. In 2014, there were over 59 million Americans who were receiving Social Security benefits and a total of $863 billion was paid out. When you retire, you are eligible to that piece of the pie. […] More

When it comes to determining the amount of money that you will get from Social Security when you retire, a few things are taken into consideration. Your earning history throughout your life is a huge deciding factor. Also, the age that you are when you apply for your benefits is also a factor. If you […] More