Top Tips for Helping You Budget Your Way to a Stress Free Retirement June 8, 2020 by David Goldstein Articles, Featured, Financial Planning for Seniors - Dreaming of retirement? Do you sit at work or at home daydreaming visions of piña coladas and sun kissed beaches? Or whiling away the hours in the garden? And why shouldn’t you, honestly? You’ve worked hard and you deserve a chance to slow down and enjoy all that life has to offer. Getting the most … Continue reading "Top Tips for Helping You Budget Your Way to a Stress Free Retirement"
Social Security Penalties: What They Are, and How to Avoid Them August 13, 2017 by Jennifer Grey Financial Planning for Seniors - The amount you earn per month in Social Security payments is determined by a complicated algorithm that assesses the amount you’ve earned over your lifetime in government and nongovernment jobs. It’s also affected by the age at which you start withdrawing money, your additional earnings from other sources, and whether you already receive a government … Continue reading "Social Security Penalties: What They Are, and How to Avoid Them"
4 Simple Changes That Can Help Retirees Make the Most of Their Income October 18, 2019 by David Goldstein Articles, Featured, Financial Planning for Seniors - For many retirees, retirement brings long-awaited freedom, but it also brings financial concern. Living on a fixed income can be difficult to adapt to, especially if you want to make the most of your golden years. Below are just a few small tactics seniors can use to save money and still have a great time … Continue reading "4 Simple Changes That Can Help Retirees Make the Most of Their Income"
The Benefits of Delayed Retirement August 11, 2019 by Leah Matricio Articles, Featured, Financial Planning for Seniors, Jobs for Seniors - If you’re among the many seniors who plan to retire soon, you may want to consider the benefits of delayed retirement. Barring health issues, delaying retirement can entitle one to greater benefits. So, if you plan to retire soon, make an assessment first. See if early retirement benefits outweigh those that you could possibly receive … Continue reading "The Benefits of Delayed Retirement"
What Is a Reverse Mortgage – And Is It a Good Idea? August 13, 2017 by Jennifer Grey Family Issues, Articles, Financial Planning for Seniors - A reverse mortgage is a type of loan where the bank makes available the value of the home’s equity. The homeowner can withdraw the principal of the mortgage in a lump sum, in monthly payments, as a revolving line of credit, or in a combination of these options. With a conventional mortgage, the homeowner pays … Continue reading "What Is a Reverse Mortgage – And Is It a Good Idea?"
Aging Gracefully – Tips To Help Make Retirement Planning Painless March 27, 2018 by David Goldstein Financial Planning for Seniors, Articles, Featured - The biggest issue most seniors face as years advance is lack of planning beforehand. Your best chances of aging gracefully come when you have a plan in place designed to carry you through your twilight years. Life, circumstance, and human imperfection often prevent this from happening. If you can plan ahead, do so. If you … Continue reading "Aging Gracefully – Tips To Help Make Retirement Planning Painless"
Six Things You Should Know about Long-Term Care Insurance August 13, 2017 by Jennifer Grey Financial Planning for Seniors - Approximately 70% of adults in the US will need some form of long-term care—either as they age, or as a result of an illness or injury. Long term care is categorized as a wide range of ongoing medical and non-medical services and assistance with daily living activities. These could range from in-home nursing care to … Continue reading "Six Things You Should Know about Long-Term Care Insurance"
How to Apply for Disability Benefits August 13, 2017 by Jennifer Grey Financial Planning for Seniors - Social Security Disability benefits are there to provide for people who can’t work anymore due to accident, illness, or injury. Over eight million people receive disability payments every month. It’s not easy to qualify for the benefits, but the process may be worth it for you. Here’s what you need to do to apply. Apply … Continue reading "How to Apply for Disability Benefits"
The Home Affordable Refinance Program Gets an Overhaul: How It Could Help You August 13, 2017 by Jennifer Grey Financial Planning for Seniors - In 2009, President Obama introduced the Home Affordable Refinance Program—an attempt to help a predicted three to four million people struggling with their mortgages to refinance. However, as of July 2010, only about 390,000 people had had their mortgages permanently altered under the program. Recently, the government implemented new changes in an attempt to expand … Continue reading "The Home Affordable Refinance Program Gets an Overhaul: How It Could Help You"
How the European Debt Crisis May Affect Retirees August 13, 2017 by Jennifer Grey Financial Planning for Seniors - If you’re a retiree in America, you might think the European debt crisis is far away—and has little to do with you. You would be wrong. If the European economy collapses, it’s entirely possible that it could have a ripple effect felt in markets throughout the world. Here are just a few of the theoretical … Continue reading "How the European Debt Crisis May Affect Retirees"
