Archives by: National News

National News

National News Posts

Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Featured Income Money News Retirement Social Security US News
Now that’s more like it. Older Americans scraping by on meager increases in their Social Security checks the past decade will reap a relative windfall next year. The ...
Read more Comments Off on Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

5 Ways To Pay Long-Term Care In Retirement

Featured Lifestyle Retirement
Long-term care (LTC) is expensive. Even bottom-of-the-barrel care can break the average retirement income plan. The problem is exponentially worse for married couples who face increased odds of ...
Read more Comments Off on 5 Ways To Pay Long-Term Care In Retirement

Don’t want to fully retire? Here’s when phased retirement may work

Featured Retirement
Retirement doesn’t have to be a drastic cut from a full-time job to no job at all. You may still want to work, just not as much — ...
Read more Comments Off on Don’t want to fully retire? Here’s when phased retirement may work

How to Inflation-Proof Your Retirement as Prices Continue to Rise

Featured Lifestyle Money Retirement
The reopening of the economy means that consumers are finally spending more money on goods and services, driving inflation up to 5.3% in August compared to a year earlier. In ...
Read more Comments Off on How to Inflation-Proof Your Retirement as Prices Continue to Rise

Types of Annuities and How they Work

Featured Income Retirement Taxes
The Main Types of Annuities Generally speaking, there are two basic annuity types, immediate and deferred. The main difference between them is your payout options. With an immediate ...
Read more Comments Off on Types of Annuities and How they Work

Fill Your Retirement Income Gaps – and Then Some

Featured Income Retirement
When drawing up your retirement income plan, you need to be prepared to cover these three different income gaps. If you don’t, you’d better be ready to cut ...
Read more Comments Off on Fill Your Retirement Income Gaps – and Then Some

6 Things Many Americans Get Wrong About Social Security

Featured Income Retirement Social Security Taxes
Social Security is a significant source of income for many retirees, but people often misunderstand even basic concepts behind this government program. Nearly 90% of American adults say ...
Read more Comments Off on 6 Things Many Americans Get Wrong About Social Security

3 costs you can’t avoid in retirement, no matter how hard you try

Featured Lifestyle Money Retirement
In retirement, taking care of yourself and your family should be your top priority, and that will come with expenses. However, those expenses don’t have to take you ...
Read more Comments Off on 3 costs you can’t avoid in retirement, no matter how hard you try

Retirement Planning Tip: Try A Six Month Drawdown Instead Of Monthly

Featured Income Money Retirement
We are creatures of habit, especially when it comes to finances. Even looking back at your first allowance, likely that you received it on a regularly scheduled day ...
Read more Comments Off on Retirement Planning Tip: Try A Six Month Drawdown Instead Of Monthly

3 Strategies to Avoid Running Out of Money in Retirement

Featured Income Retirement
For a financially sustainable retirement that could last 30 years or more, here are three ways to help manage your risks and avoid financial roadblocks in your golden ...
Read more Comments Off on 3 Strategies to Avoid Running Out of Money in Retirement