Posts in: Finances

New Rules for SSI in Effect Today

0 comments / April 29, 2016

April 29 is the last day for suspending SSI benefits for one spouse only. That doesn’t matter to me. But this does: Because I don’t yet collect SSI and pay my Medicare directly, my premium rose by 52% last year. Forever.   Why? Beats me.    

Work or Retire? It’s Not That Easy

0 comments / February 18, 2016

More and more people claim they plan to keep working past the traditional retirement age. In 2015, about 36 percent of people over 25 said they planned to work past age 65. But things don’t always go according to plan, as the  University of Michigan Health and Retirement Study (HRS) shows. The HRS has beenRead more

Change of Plans

0 comments / November 20, 2015

According to the National Health Interview Survey, “Employed older adults had better health outcomes than unemployed older adults.” But correlation doesn’t equal causation. Maybe working longer keeps people healthy. Or maybe people have to leave the workplace when their health fails them. As we learned during the Great Recession, six months of unemployment makes itRead more

Where Is the Grass Greenest for Retirees?

0 comments / October 26, 2015

LPL Research just published a “Retirement Index” that gives each of the 50 states a letter grade for “attractiveness to pre-retirees as they prepare for retirement.” So, in fact, I’m not the target audience, which is the “45-to-64-year-old cohort”—the Baby Boomers who are looking ahead and, we hope. Learning from the experiences of their seniors.Read more

67 Is the New 65

0 comments / October 26, 2015

The phrase “working past retirement” has become so common that we might forget it makes no inherent sense. “Retirement” used to mean “when you stopped working,” and by definition if you were still working, you weren’t retired. In truth, it was probably never that simply. My grandfather retired from farming–moved to town, sold the farm.Read more

Retirement Planning: High Road or Low Road?

0 comments / October 22, 2015

This is what makes retirement planning difficult: A recent article in the AdviceIQ column of says: What about the adage that you spend 75% of your annual current expenses when you retire? Hogwash. If you are a spender, shopper, traveler or golfer, retirement gives you more time to spend more money on what youRead more