Consumer Boomer

[...] ways to maximize your Social Security income, but the most effective strategies need to be put in place before you actually begin [...]

[...] can significantly affect your retirement income needs. If you haven’t started drawing social security yet, you’ll want to review your options and verify you’ve selected the best option for you [...]

[...] other sources of predictable income the way you will if you wait until you’re 65. Social Security and Medicare are two examples that make preparing for normal retirement much easier. [...]

[...] portfolio before you can’t work anymore. One might be able to – barely – live on Social Security benefits right now, but if you’re years and years away from retirement, you surely [...]

[...] In the coming years, even more of the country’s baby boomers will be turning sixty five years of age and becoming eligible for Medicare benefits. Earlier [...]

[...] loans frequently appeal to people who run short of cash or encounter unforeseen expenses. Baby boomers are no exception, so it’s important for this generation to learn more about short-term [...]

[...] In the coming years, even more of the country’s baby boomers will be turning sixty five years of age and becoming eligible for Medicare benefits. Earlier [...]

[...] Baby boomers are living longer, but perhaps facing more challenges than ever. Healthcare costs, layoffs and [...]

[...] for retirement, the one thing that can wipe you out in a hurry is the rising cost of health insurance. Although, many feel that the new Obamacare program will save all (it does help with low [...]

[...] ;victimless crime,” insurance fraud affects individuals with homeowners, auto and health insurance. When people make fraudulent claims and collect undeserved money from insurance [...]

[...] economy, baby boomers have to forge financial security for themselves, and this includes health insurance. Life insurance for baby boomers is essential because elderly individuals require health [...]

[...] him the following key questions: Do you have the most recent statements from each of your retirement accounts? What type of investments do the plans hold? Are any of your retirement plans invested in [...]

[...] be able to get around the pro-rata rules by effectively eliminating his current IRAs. Other Retirement Accounts You Can Convert Into a Roth IRA Beyond a traditional IRA, there other tax-deferred [...]

[...] notable monetary worth. Another list should detail your bank and brokerage accounts, your retirement accounts, and any other forms of investment plus any insurance policies. A third list should detail [...]

[...] and contacting your local social security office could cost you thousands. 4. Look at your retirement accounts every year. If it’s been over a year since you’ve opened your brokerage statements or [...]

[...] to generate the funds to return to the client.  This is where the MVA comes into play, if interest rates have gone up then the value of the bonds will have gone down which will essentially cost the [...]

[...] , so you can feel safe about putting your money in a savings account. You can earn money on interest rates when you let it sit for long periods of time. So if you want to start saving up your money, a [...]

[...] receive.  The property value is one of those factors, but so too is the borrower’s age, interest rates at the time, the program that the borrower chooses, fees associated [...] [...]

[...] .  The property value is one of those factors, but so too is the borrower’s age, interest rates at the time, the program that the borrower chooses, fees associated with the loan (not just [...]

[...] those without an LTC policy might face in the future. Ask your insurance advisor or financial advisor about some of the LTC choices you can explore – while many Americans have life, health [...]

[...] go hand-in-hand, so make a point of keeping track of your investments. Check in with your financial advisor and stockbroker several times a week and request detailed reports on what’s happening [...]

[...] individual who had left his job, and he needed to roll over his 401(k). Not having a financial advisor, he relied on the referral of a neighbor on who he should work with. Without doing any [...]