Social Security provides benefits not only to retired workers but also to spouses who have not contributed to the program. Spouses are one of the many beneficiaries of Social Security, and even ex-spouses can claim a payout from the program in some circumstances. When you apply for Social Security, you automatically apply for the greater [...]
In our last post, we discussed the wide variety of retirees’ circumstances, preferences, and styles. A domain in which they enjoy an increasing variety of options is where they call home. One of the many rewards that comes with maturity and retirement is having new freedom to choose what kind of home to occupy and where [...]
Retirement planning can't be all about saving enough to see the world and spoil your grandkids, although you'll certainly want to make sure you have the cash to do those things. The reality is that seniors continue to face a lot of expenses after leaving the working world. Unfortunately, many people forget to factor in [...]
Retiring from law enforcement is a big lifestyle change for both cops and their families ( See Video )
There are three big – and almost unbelievably common – mistakes that companies and their marketers make with respect to retirees and older customers generally. First is ignoring them in pursuit of the youth market. Americans age 50 and up make up 46% of the adult population, and they account for 56% of total consumer [...]
IMAGINE IF YOU DECIDED in January that you were ready for a new phase in your life. By December, you were going to retire once and for all. You had promised yourself it would happen every year for a while now, but a decadelong bull run in the stock market and a company 401(k) match made [...]
Determining how much you can safely spend each year in retirement is challenging. Retirees want the flexibility to spend as much as they need. At the same time, nobody wants to run out of money halfway through their golden years. There are many uncertainties that make calculating retirement spending an educated guess, at best. These [...]
Social Security isn't designed to sustain retirees without other income. Those benefits pay the average senior around $1,500 a month, or $18,000 a year, and for many older Americans, that's not enough income. It's for this reason that workers today are encouraged to save independently for retirement, and when we think about doing that, we usually [...]
Social Security isn't designed to sustain retirees without other income. Those benefits pay the average senior around $1,500 a month, or $18,000 a year, and for many older Americans, that's not enough income. It's for this reason that workers today are encouraged to save independently for retirement, and when we think about doing that, we usually [...]
TWIN LAKES — The community is rallying behind local police officer Joe Patla after village officials voted to send his partner Rex for “retraining” rather than allow Patla to purchase the dog when he leaves the department to take a position elsewhere. An online petition to keep the pair together has collected more than 2,000 signatures. [...]