For this topic, it’s worth quoting Benjamin Franklin who once said: “In this world, there is nothing certain except death and taxes.” Little did he know that these words would hold so much truth even to this day. It’s the beginning of a new year, which means you have to pay another tax bill. You …
How To Pay Your Taxes With Your Credit Card in 2022 Read More »
If you’re about to retire, then you probably want to be sure you’ll never be in a bad situation, financially. Which is extremely understandable and relatable. I mean, everyone wants to avoid this situation, especially a retiree. Once you enter into your golden years, the goal is to make sure your money will last as …
There is a research center at George Mason University called the Mercatus Center, which has released a new report this year called “Freedom in the 50 States”. The study is an evaluation of the economic and personal freedom in each state, based on public policies. The results were interesting, to say the least: the conservative …
Social Security is definitely a safety net for lots of Americans. You might not even have saved a dime for retirement, but you can still count on Social Security benefits in retirement. But when you have an average monthly benefit of just over $1,400, there are some cities in America that are far out of …
18 Places Where Social Security Is More Than Enough Read More »
We go grocery shopping throughout our whole lives, and that’s a fact. Given the fact that we’ve been grocery shopping for such a long time, there’s a 99% chance that we already have a very particular way of choosing and buying the things we need. And it’s perfectly fine to be like this. After all, …
When it comes to retirement, things like income, taxes and retirement plans are always prioritized. But when it comes to weather conditions, we often forget to consider them. If you want to live in one of these cities, you must know beforehand that you’re going to deal with smoky skies and a couple of other …
Americans that are about to retire should expect to see a 5.9% increase in their Social Security benefits in 2022, which is the largest increase in four decades! The annual cost of living adjustment, also known as COLA, will be a tricky one, however, given the fact that we’re dealing with high inflation. Even so, …
11 States With the Best/Worst Social Security Checks in 2022 Read More »
Are you thinking of new ways to reduce your retirement costs and free up some funds for other activities? Well, you should start taking advantage of senior citizen discounts then! When you’re out grocery shopping and you want to benefit from discounts, make sure you always have your identification card in your proximity, as some …
You can surely bet your bottom dollar that Social Security benefits are taxable if you’ve ever had any doubt about that! The federal government taxes up to 85% of your Social Security benefits, depending on the income you have. But what happens when it comes to state taxes on Social Security? Because as far as …
If you’ve ever answered your phone or received a specific voicemail that threatened you with legal action for ghostly overpayments of Social Security, or requested you pay them in an unusual manner, congratulations! You’ve just had a brush with a scammer! As you well know, scams are growing businesses for those criminals who like to …
7 Social Security Scams You Need to Pay Attention to Read More »
Many retirees are opting to downsize in retirement as a way to save more money and make their lives easier. While for some people this means relocating to a smaller place or a retirement community, for others it’s more of a serious spring cleaning. If you prioritized downsizing as one of your retirement plans, there …
Social Security has for a long time now been the backbone of American retirement. Correct me if I’m wrong, but there are tons of Americans who are patiently waiting for the day when they will sit back and enjoy collecting their Social Security check. Even so, Social Security never intended to fund 100% of retirement …
10 Social Security Alternatives To Earn More in Retirement Read More »
Were you aware that retirement plans for those who are self-employed are either good or extremely good? And that you can save even more money than you ever could have with a traditional employer plan? As far as we’re concerned, a well-chosen retirement plan can definitely allow entrepreneurs and those who are self-employed to bankroll …
Are you Self Employed? Here’s The Best Retirement Plan For You Read More »
A hard-to-swallow truth is that, sometimes, aging parents might be keeping secrets from their families. While in some cases it’s not about all-out lying, but rather about withholding information that is important to their health and safety, in other cases you might find out that what you’ve known is completely out of touch with reality. …
10 Secrets Elderly Parents Are Hiding From Their Families Read More »
If you’re considering relocating somewhere else that’s more affordable during your golden years, you’re not the only one. There are many Americans that are lacking the needed retirement savings to live the life they wanted, so they are considering relocating to somewhere else where life is cheaper. If you think about it, it makes perfect …
