The number of currently married women who will live alone at some point during their retirement years, due to widowhood or a late divorce continues to grow at a steady pace. With 27.5 million married baby boomer women now heading into retirement, many may find themselves woefully unprepared financially for living life on their own….
Recent Articles
10 Essential Things to Consider if You Want To Retire Soon
If you plan to retire soon or are at least considering it, now is a good time to check your retirement readiness by reviewing these ten essential pre-retirement questions and “to-dos.” Getting clarity on each of these will go a long way to help ensure your retirement is successful, not only from a financial standpoint but also…
Medicare Premiums Are Rising – More For Some Than Others
You may already be aware of this, but just in case you aren’t, right or wrong not everyone pays the same amount for their Medicare Part B premiums. As a result, while most individuals enrolled in Medicare will see a small increase in their premiums in 2017, others will see a more sizeable increase. Each…
“I had a great retirement income strategy, until…”
There’s an all-too-common belief about retirement planning, and it goes like this: “As long as I save as much as I can in my retirement accounts, stick to a reasonable withdrawal rate, and control my spending in retirement, I’ll be ok.” Certainly, that’s a good beginning. But as always, “life” sometimes has a way of…
What Women May Need to Know About Retirement Planning
When it comes to planning for retirement, there is no one-size-fits-all option. While the retirement goal of being able to live comfortably during your golden years may be the same for men and women, the path to reach that goal can be very different. There are many issues that women need to account for; that…
Are Social Security FICA Taxes Really Retirement Plan Contributions?
Many Americans tend to think of Social Security the same way they think a bout retirement plan contributions. This is understandable, given that we pay FICA taxes with each paycheck, with the expectation that there will be Social Security income waiting for us once we hit retirement. It feels remarkably like the way you set…
Your Social Security Statement Is No Longer In The Mail
On Monday, January 9, 2017, the Social Security Administration announced that due to budget constraints it would stop mailing paper Social Security Statements to most American workers for the second time in the last six years. “Only people 60 or older who have not yet established an online my Social Security account with the agency and who are not…
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