Retirement

By Richard Eisenberg, Next Avenue Managing Editor getty Millions of Americans are rightly concerned about the future solvency of Social Security. But there’s another key Social Security concern: the prevalence of people starting to claim their Social Security benefits early, depriving them of larger payments from the government by delaying. When to begin claiming Social

By Nancy Collamer, Next Avenue Contributor Getty Do you feel stressed, anxious or depressed at work these days? You’re not alone. A recent survey conducted by FlexJobs and Mental Health America found that 75% of people have experienced burnout at work, with 40% saying they’ve felt it during the pandemic specifically. And according to a

By Dr. Sharon K. Inouye, Next Avenue Contributor and Director of Aging Brain Center getty Imagine the end of the pandemic — with new cases and deaths trending down towards zero — a time we are all eagerly anticipating. Key to achieving this goal will be the development of effective treatments and vaccines. Yet, based

A model portfolio—along with a sober assessment of future returns. Retirement getty Whew. If you didn’t panic and sell, your portfolio has recovered from the pandemi-crash. Now you can look forward to a rich retirement. Somewhat rich. You’re going to be earning a 2% annual return on your savings. That return, which is after inflation

getty This article deals with the second provision that may limit the amount of Social Security benefit you are eligible to receive if are you a public sector/civil service employee under (STRS, PERS, CSRS, Railroad Retirement, etc.). Last month I wrote about the Windfall Elimination Provision (WEP) which is the other limiting provision. Read more

WASHINGTON, DC – SEPTEMBER 24: Speaker of the House Nancy Pelosi (D-CA) holds a weekly press … [+] conference at the Capitol on September 24, 2020 in Washington, DC. Pelosi paid tribute to Supreme Court Justice Ruth Bader Ginsburg saying the late justice will be the first woman as well as the first Jewish person

The Medicare Plan Finder has some big pluses and minuses. 65 Incorporated Over the last few months, it seems as though every time I visit the Medicare Plan Finder, something has changed – an interactive map, different fonts and layouts, new filters and more. However, there is one change that rises to the top of my

WASHINGTON, DC – SEPTEMBER 24: Speaker of the House Nancy Pelosi (D-CA) holds a weekly press … [+] conference at the Capitol on September 24, 2020 in Washington, DC. Pelosi paid tribute to Supreme Court Justice Ruth Bader Ginsburg saying the late justice will be the first woman as well as the first Jewish person

getty Do you already understand the basics of stocks and bonds, mutual funds, and asset allocation? And are you ready to dive deeper and learn about alternative assets—what they are, how they might fit into your portfolio, and why they may or may not be appropriate for you? Many investors often think of investments as

WASHINGTON, DC – SEPTEMBER 26: Seventh U.S. Circuit Court Judge Amy Coney Barrett looks on while … [+] being introduced by U.S. President Donald Trump as his nominee to the Supreme Court during an event in the Rose Garden at the White House September 26, 2020 in Washington, DC. With 38 days until the election,

getty People often underestimate how much they will need to maintain their desired lifestyle in retirement. Most assume their expenses will go down when they’re no longer working, and the kids are out of college. While certain work-related costs, such as commuting, parking, clothing or uniforms, and even that daily latte may cease, other costs

By Richard Eisenberg, Next Avenue Managing Editor getty The employer-sponsored 401(k) plan can be an excellent way to save for retirement when you’re working (if you’re offered one) and supplement your Social Security benefits when you’re retired. But investing in a 401(k) and managing it wisely can be agonizingly hard. Just a few of the

getty Will it keep blowing off bad news, or keep tracking like the year-2000 bear market? Some strange things are afoot in the stock market. The further we go into 2020, the more the market seems to think it’s 2000 all over again. The one big exception, of course, is that 2000 did not include

By Ralph Mroz, Next Avenue Contributor getty Surveys show that most people would prefer to grow older, and even die, in their own home. This desire isn’t hard to understand. While you may have already downsized to a more manageable home or condo, you won’t have to move again, which is emotionally straining, physically taxing

WASHINGTON, DC – SEPTEMBER 24: Sen. Sherrod Brown (D-OH) on screen, provides his remarks to … [+] Steven T. Mnuchin, Secretary, Department of the Treasury (Photo by Toni L. Sandys-Pool/Getty Images) Getty Images Economy Is Looking Bad With the prospects of a stimulus package souring (see the tussle between Sherrod Brown and Steven Munchin yesterday), the

Looking to an u unknown future getty Are you prepared to live a long time? You should be because many Americans are now living well into their 90s and 100s. If you are over 60, you can probably remember a time when a radio personality by the name of Paul Harvey used to wish a

getty Choosing to work with a financial planner is one of the bigger decisions many will face. The hard part starts when choosing what to look for in an advisor and firm. To start, there is not necessarily an agreed upon title when making your search. You could see titles such as financial advisor, financial

The most expansive legal challenge to the Affordable Care Act in the 10 year history of the law and an attack on the ability of the Federal Trade Commission to reimburse consumers for harm highlight the Supreme Court’s coming term for seniors, the AARP Foundation announced this week. The term starts October 5. The importance

The next step is to see how upside potential develops through a participation rate. The insurance company can use the remaining funds to buy a one-year at-the-money call option on the S&P 500 index. This is a financial derivative that provides its owner with the right, but not the obligation, to buy shares of the

UNITED STATES – OCTOBER 31: Rep. Darin LaHood, R-Ill., arrives to the Capitol before the House vote … [+] on an impeachment inquiry resolution on Thursday, October 31, 2019. (Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images) CQ-Roll Call, Inc via Getty Images In the news today: “Congressman Darin LaHood (R-IL) today introduced the