24 07, 2017

16 things to know before you begin taking Social Security benefits

By | 2017-07-24T17:21:34+00:00 July 24th, 2017|Social Security|0 Comments

16 things to know before you begin taking Social Security benefits What you don't know about Social Security can cost you.  Social Security may very well be the most important social program in this country: It is tasked with providing a financial foundation for tens of millions of seniors. Yet many retirees, and probably a [...]

24 07, 2017

Accumulated wealth? Here’s what to do next

By | 2017-07-24T17:17:23+00:00 July 24th, 2017|Retirement|0 Comments

Accumulated wealth? Here's what to do next At some point in your life, you might accumulate enough wealth where you no longer feel comfortable going alone when it comes to managing your finances and investments. Perhaps you received an inheritance, saved $100,000 in your retirement account or earned a big bonus. Or maybe you just [...]

24 07, 2017

Social Security beneficiaries may get biggest raise in 6 years

By | 2017-07-24T17:13:32+00:00 July 24th, 2017|Social Security|0 Comments

Social Security beneficiaries may get biggest raise in 6 years Social Security beneficiaries are projected to receive a 2.2% cost-of-living increase next year, the most since 2011, the trustees who oversee the program said Thursday. That would be about $30 a month for the average retired worker. But It's a relative bonanza compared to the 0.3% [...]

24 07, 2017

Beam me up? Scientists teleport first object ever from Earth into space

By | 2017-07-24T17:07:57+00:00 July 24th, 2017|FYI|0 Comments

Beam me up? Scientists teleport first object ever from Earth into space Chinese scientists successfully teleported an object from the Earth's surface to an orbiting satellite for the first time ever. A photon — a tiny sub-atomic particle — was "transported" from the Gobi Desert to China's Micius satellite some 310 miles above the surface. The Guardian reported it's a new [...]

24 07, 2017

The US is losing ground when it comes to retirement security

By | 2017-07-24T17:01:03+00:00 July 24th, 2017|Retirement, Social Security|0 Comments

The US is losing ground when it comes to retirement security The U.S. is falling further behind other countries. Norway, Switzerland and Iceland rank highest on a global retirement security index. All your retirement dreams can come true, just maybe not in the U.S. Among the leading nations for retirement security, the United States didn't [...]

24 07, 2017

Retirement: What to do if your defined benefit pension plan is frozen

By | 2017-07-24T01:34:06+00:00 July 24th, 2017|Pension Plans|0 Comments

Retirement: What to do if your defined benefit pension plan is frozen If you happen to work for a private-sector employer who provides as a benefit a traditional pension, you might consider putting in place a back-up plan. Yes, in recent weeks, a number of well-known firms including UPS and General Mills have frozen the [...]

3 07, 2017

Buying Bitcoin to fund retirement? Make sure it fits plans

By | 2017-07-03T17:36:31+00:00 July 3rd, 2017|Retirement|0 Comments

Powell: Buying Bitcoin to fund retirement? Make sure it fits plans Average investors are often accused of buying high and selling low. And that may very well be the case for investors who are jumping on the Bitcoin bandwagon. Bitcoin, a digital currency, has doubled and then some since the start of 2017 (it’s risen [...]

3 07, 2017

America’s Pension Bomb: Illinois Is Just the Start

By | 2017-07-03T17:18:17+00:00 July 3rd, 2017|Retirement|0 Comments

America’s Pension Bomb: Illinois Is Just the Start We’ve been hearing it for years: America’s public pensions are a ticking time bomb. Well, at long last, the state of Illinois is about to expose just how big this blowup could be. As of the 2015 fiscal year, Illinois had promised its employees $199 billion in [...]

3 07, 2017

4 ways to tap your retirement funds earlier than normally allowed

By | 2017-07-03T17:15:56+00:00 July 3rd, 2017|Retirement|0 Comments

4 ways to tap your retirement funds earlier than normally allowed Qualified retirement accounts can offer great tax advantages for people saving for retirement. Those advantages work incredibly well if you use them to save for several decades and then retire at age 59 1/2 or later, but if you need to tap your money [...]

14 06, 2017

The Monk Who Left the Monastery to Fix Broken Retirement Plans

By | 2017-06-14T23:24:53+00:00 June 14th, 2017|Retirement|0 Comments

There are many things that Doug Lynam must think about now that he no longer wears a robe and lives in a monastery. Socks, for one. Do they match? Should he care? “How does this color thing work?” he wondered aloud in his office this week while sporting a muted gray pair that did not [...]