Category Archives: medicare

The Rising Medicare Scams You Need to Know About

Grace Birnstengel, Next Avenue Associate Editor Open Enrollment time is here, and in addition to navigating the Medicare maze to get the best benefits possible, those eligible for the federal health program for Americans 65+ have another thing to be worried about: Medicare scams. The Federal Trade Commission warns that scammers may pose as “official” Medicare agents over the phone or at the door in an attempt to gather personal information or swindle people into purchasing… Read More »

Developing A Retirement Playbbook

Joel Johnson Ever wonder what it might be like to be a retirement “all-star?” To have a plan in place so that you can live the retirement you’ve always wanted, stress-free and confident about your financial future? It all starts with a playbook of important strategies and tools to get you on the road to financial freedom. Retirement Playbook Tip #1 – Develop a Strategy It sounds pretty basic – you have to have a… Read More »

How Much Do You Need to Retire? Four Ways to Achieve That Magic Number

How much do you need to save for retirement? Jordan Dechtman Wealth Management offers a free retirement income analysis and four strategies to save more.

Of the 46 Frequently Asked Questions about Retirement, this one is at the top of the list for many people approaching retirement: “How much do I need to save before I retire?” The answer is hardly simple, as John Wasik points out in the article below. Because you don’t know how long you will live, how much you will spend on health care, or how inflation will affect prices for everyday expenses, it can be… Read More »

Social Security in 2016

The end of the file and suspend strategy, effective May 1, is this year’s biggest change to Social Security. Individuals under full retirement age will no longer be able to file and suspend payments with the option to later receive a lump sum for the suspended period. And a spouse will not be able to suspend Social Security benefits to allow their partner to draw on the spouse’s account while it builds delayed credits. There… Read More »