My Comments: I have not yet received mine but perhaps it’ll come in today’s mail. The idea is that with so much money at stake, there are too many opportunities for the bad guys to game the system. This is an effort to make that harder. I hope it works as planned. What I know …
Continue reading New Medicare cards: What to do if you haven’t received your new card
Tony’s thoughts about this: For those of you who have not yet ‘retired’, know that it will be dramatically different from your ‘before retired’ years. Planning for those years, if you expect to enjoy life and consider your retirement a success, is essential. My days as an active, looking for new clients financial person are …
Continue reading What Is Missing From Most Retirement Advice
Tony’s Comments: Since today is Tuesday, this is about Social Security. For those of you who plan to retire one day, a basic understanding of Social Security and how it works is a critical element of your overall retirement planning strategy. This article appeared in Motley Fool, and for whatever reason, does not have an …
Continue reading Social Security’s Primary Insurance Amount: What Is It?
My Comments: Retirement at some point in your life is both a goal and an outcome. It may happen voluntarily or it may be forced on you. Regardless of how you get there, chances are you’ll still have bills to pay. Those bills will be paid from money you’ve saved and accumulated or from Social …
Continue reading The Truth About Social Security: Setting the Record Straight
My Comments: As a financial planner focused on retirement, I counsel people about where the money is going to come from when they’re 85 and still have bills to pay. And 85 is simply a symbolic number. A critical source for most of us is Social Security. And it’s under attack by those we’ve elected …
Continue reading The Stark Reality of Social Security: Someone Has to Take a Pay Cut
My Comments: Followers of my comments know that I’ve talked in the past about how to fix the projected ‘crisis’ of the Social Security system. I remember the last one, and in 1983 it was fixed. At least for the time being. What happened then was the upper threshold of income subject to what we …
My Comments: For millions of us, Social Security is a critical component and source of income as we attempt to flourish and enjoy our retirement. For those of you who decry the idea of ‘socialism’, I encourage you to attempt to finish your life without every cashing one of your monthly checks. Yes, you might …
Continue reading 7 Social Security “did you know” moments to consider
My Comments: For millions of us, a predictable monthly income from Social Security has become critical for sustaining our standard of living. For many reasons, we should be increasingly worried about it. But that story is for another day. Right now, I’m sharing with you what I hope is a simple overview if you have …
My Comments: As you’ve heard me say many times, Social Security benefits have become an absolutely critical piece of the retirement income puzzle for most of us. If it’s not there to pay critical monthly bills, it’s there to allow us freedom of movement as we transition from the retirement go-go years to the slow-go …
Continue reading Finding the Best Social Security Claiming Strategy – 3 Questions
My Comments: Happy Thanksgiving everyone! For those of you still not signed up and receiving monthly benefits, here’s some useful things to know. For those of you who attended my Social Security workshops, you’ll recall the acronyms that appear on every page. There's even a couple more here for you to learn. Maurie Backman - …
Continue reading 10 Social Security Terms To Know And Understand
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