Two assets are typically ignored in retirement financial planning. One is Social Security claiming, that is the most advantageous way to structure Social Security benefit payouts. The other is…
Continue readingWhy a 6% increase in Social Security may fall short
Social Security recipients are slated to receive a six percent cost of living adjustment or COLA in 2022, that thanks to a historic spike in inflation. The benefits increase would be the largest in nearly four decades
Continue readingMSN: 9 Reverse Mortgage ‘Scams’
MSN: Because reverse mortgages can be a ready source of cash, fraudsters might encourage seniors to apply by making misleading claims or committing outright fraud. Some pitches include:
Continue readingSocial Security Insecurity
As human lifespan climbs steadily towards the century mark, Social Security is only one — and woefully inadequate
Continue readingA fourth stimulus check for seniors?
A nonpartisan group is asking Congress to issue another round of $1,400 stimulus checks, and this time the payments would go just to older Americans.
Continue readingWhere Reverse Mortgages Fit in Modern Retirement Planning
“The idea that people can retire at 62 and walk around holding hands on the beach is not realistic”…
Continue readingYou Bet Your Life – Retirement Planning
If you bet your life that’s a big wager. This is exactly what many retirees are doing today by delaying Social Security payments or getting a reverse mortgage. It comes down to…
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