Veterans now have a unique opportunity to ensure the well-being of their spouses in later life. For the first time in almost two decades, veterans can opt in or out of the survivor benefit plan throughout the rest of this year.
Impact of COVID-19 on Social Security
Although the financials behind the Social Security program were not as heavily impacted by the pandemic as one might have expected, office closures did affect beneficiaries’ ability to complete necessary tasks.
Older Adults Returning to College for Retirement Education
If you’re unsure about how to navigate retirement, there’s a class that specifically caters to your needs. Older adults are increasingly enrolling in college courses to learn more about planning for their golden years.
- Selling Homes and Renting: A Viable Option for Retirees Amid Soaring House Prices?
- Ideal Retirement Location: Year-Round Mild, Sunny Weather, Near/Elevated Waterfront Areas, with a Budget of $125,000?
Inflation Making Even Death More Expensive
The rising costs of inflation are impacting every aspect of life, including death. Even final arrangements are becoming increasingly expensive.
A Burned-Out 57-Year-Old Husband Contemplates Retirement
A 57-year-old husband who currently works three shifts is feeling burned out and considering retirement. Is now the right time for a significant life change?
Lies and the Social Security Crisis: Is It Too Late for Remediation?
The Social Security crisis has been fueled by misinformation. However, the question remains: is it too late to reverse the damage caused by these falsehoods?
Retirement Dilemma: Travel or Caution?
A 64-year-old couple with $1.5 million in retirement accounts finds themselves at odds about their post-retirement plans. While one spouse wants to travel, the other prefers a more cautious approach. Who is right?
More in retirement news:
- In Retirement, Discovering the Importance of Personal Space (Wall Street Journal)
- Inspiring Story: 90-Year-Old Woman Retires After 74 Years of Service at Dillard’s (New York Post)
- Expert Tips for Managing Retirement Savings in a Volatile Market (Kiplinger)
Shaun White Retires at the Beijing Olympics and Plans to Coach
Research and Insight:
- Over-50s who retired at the start of Covid much poorer, says IFS (BBC)
- Workers are still raiding their retirement savings at record rates (Yahoo Finance)
- Millennial Retirement Plan Allocations Mirror Their Grandparents (No, Really) (ASPPA)
- A Quarter of Investors Near Retirement are Delaying Plans due to Financial Uncertainty (Nationwide)
- Unforeseen Consequences: the Americans with Disabilities Act (Center for Retirement Research at Boston College)
To Share with Your Family, Friends, and Clients:
- I’m 65 with more than $5 million saved and I can’t figure out how to spend it fast enough to avoid an RMD disaster
- I need some cash, can I borrow from my IRA?
- Want to get better with money? Ask your daughter for help.
- This isn’t ‘quiet quitting.’ How quitting — and retiring — can set you free.
- 80% of Gen Xers think they’ll never fully retire — and that may be good news for this group
- Don’t become a landlord — own these REITs instead
- Will you have enough money in retirement? New research could help investors find their number.
- The stock market can’t live up to investors’ big expectations