According to a March 2021 survey, an estimated 2.8 million Americans ages 55 and older decided to file for Social Securitybenefits earlier than they expected because of Covid-19. This was about double the 1.4 million people in the same age group who said they expected to work longer, presumably due […]
Continue Reading
Category: Retirement
Have You Chosen Your Retirement Lifestyle?
We all spend decades working and saving toward the far-off retirement of our dreams. And while we may all have ideas about what we want to do, have you ever thought about what your actual retirement lifestyle will be? U.S. News and World Report recently outlined “10 Retirement Lifestyles Worth […]
Continue Reading
Is the Medicare Donut Hole Really Closed?
You may have heard that the coverage gap for Medicare Part D prescription drug coverage — commonlyknown as the donut hole — closed in 2020. While it’s true that recent changes should reduce costs for many beneficiaries, the coverage gap still exists, and costs for some prescriptions may increase in […]
Continue Reading
A Financial Wellness Plan Can Help Pave the Road to Retirement
If we’ve learned any lesson over the past year, it’s that no matter how carefully we plan and prepare, we’ll likely encounter unexpected hurdles. While a global pandemic has certainly underscored the need to pay close atten- tion to our physical wellness, it has also revealed the need to shore […]
Continue Reading
Taking a Team Approach to Retirement Savings
Now that it’s common for families to have two wage earners, many married couples accumulate assets in separate accounts. They might each have savings in an employer sponsored plan and perhaps one or more IRAs as well. Two Wage Earners Nearly half of married couples include two wage earners. The […]
Continue Reading
5 Situations When You May Want to Pause Retirement Savings
This information is especially relevant for some people during the pandemic, but these ideas really apply anytime, whether the economy is up or down. And, to make it abundantly clear, these are all temporary situations that may make sense to pause retirement savings. 1|To rebound from a health crisis. During […]
Continue Reading
What Should You Know About The HP Pension Lump-Sum Buyout Offer?
By Joe Vitale Are you a previous employee of Hewlett-Packard/EDS and are now eligible for the pension buyout options the company is offering? Though this is an opportunity of a lifetime, the best option is different for each person. Your age, length of service with the company, and current financial […]
Continue Reading
Dream Do (Complimentary Webinar)
Empowering Women To Dream Big About Retirement & Do What It Takes To Get There As a woman, you face many financial hurdles not often faced by men. Longer life expectancies, fewer years in the workforce, the wage gap — these are all external forces working against you. It’s no […]
Continue Reading
Will Your Retirement Plan Survive 2021? (Complimentary Webinar)
Does our current financial crisis have you worried and nervous about retirement? If so, you’re not alone. Many hardworking families fear the economic impacts of COVID-19 will force them to change their retirement plans. Join me in this exclusive, no cost webinar as I discuss steps you can take to […]
Continue Reading
Don’t Outlive Your Money: 3 Retirement Budget Tips
By Joe Vitale If you weren’t worried about your retirement before 2020 came around, you might be now! With all of the economic uncertainty and market volatility we’ve experienced the last few months, it’s to be expected to experience at least a little anxiety with your golden years just around […]
Continue Reading