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As you enter retirement, you will need to take notice of several important dates. And you probably already know that you can enroll in Medicare when you turn 65. In fact, you’re probably counting on the program to pay your medical expenses. But did you know that missing the deadline…
People often say that grandchildren are one of the greatest joys in life. You get to enjoy spoiling them, while the parents do most of the hard work! Of course, what we really mean by “spoiling” is that grandparents are often in the ideal position to provide the children with…
You’ve been in your career for the past few decades, and you might assume that you will hold your current position until retirement. Indeed, it may be difficult for most older workers to imagine switching fields this late in their careers. That’s a perfectly normal way to feel. But with…
Many taxpayers, especially those in the higher income brackets, were disappointed in the 2014 tax laws passed by Congress.If you’re facing higher income taxes in the coming year, consult with a skilled tax professional to brush up on your tax knowledge, because some of these facts may have a surprising…
Most retirees live on a fixed income, and most retirees also worry about whether this income will be sufficient to cover their living expenses. If increasing your income with a part-time job is not an option, your other option is to reduce your expenses. Remember these six ways to make…
Are you already saving for retirement via a 401(k) fund, and you want to make sure you have enough to retire? Or are you self-employed, and you need to find a way to provide a comfortable retirement income? Whatever your situation, an Individual Retirement Account is often the answer to…
When you think of any large government agency, you probably think of complicated procedures and stick red tape. True, it can be difficult to unravel the web of rules and regulations concerning Social Security. But the most common concerns about Social Security are usually the easiest to answer. Read on…
As you’re planning for retirement, it can be difficult to keep track of everything you need to do. You may also question whether you’ve really saved enough money to retire. Follow these eight steps to retirement, and you can start this new phase of your life on a firm footing….
Once you retire, you will be living on a fixed income for the rest of your life. If you’ve planned well, you will hopefully enjoy a roomy budget and a comfortable retir ement. But even if your retirement income today matches well with your current expenses, what about the future?…
The term “boomerang kids” has recently been coined in response to the trend of post-college adult children returning to the family home. In this economy, many young adults experience trouble landing a job that pays a living wage while allowing them to repay college loans. In many families, the solution…
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