Unmarrieds need to approach retirement planning pragmatically. Provided by Blanke Schein Wealth Management In an ideal world, it would be simple to prepare for a solo retirement. You would just save half as much as a couple saves, buy half as much insurance coverage, and expect to live on half the income. Reality dictates […]
To find out, look closely at two factors Provided by Blanke Schein Wealth Management Your Social Security income could be taxed. That may seem unfair or unfathomable. Regardless of how you feel about it, it is a possibility. Seniors have had to contend with this possibility since 1984. Social Security benefits became taxable above […]
Living longer has many rewards, it also comes at a financial price. Your hard-earned assets need to last longer than ever because we are living so much longer than our parents did. According to the Social Security Administration, About one out of every four 65-year-olds today will live past age 90, and one out of […]
The answer depends on your income. Provided by HighTower Palm Desert Your Social Security income could be taxed. That may seem unfair, or unfathomable. Regardless of how you feel about it, it is a possibility.Seniors have had to contend with this possibility since 1984. Social Security benefits became taxable above certain yearly income thresholds […]
Do you really want to risk facing these potential outcomes? Provided by HighTower Palm Desert Saving for retirement may seem a thankless task. But you may be thanking yourself later. Putting away a percentage of one’s income, money that could be used for any number of bills or luxuries is a sacrifice made in the […]
Could Education Debt Shrink Your Social Security Income? $1.1 billion has been garnished from retirement benefits to pay back old student loans. Provided by HighTower Palm Desert Do you have a federal student loan that needs to be repaid? You may be surprised at what the government might do to collect that money someday, […]
Social Security: Myths vs. Facts Dispelling some misperceptions about the program. Provided by HighTower Palm Desert ~~~ Some myths & misperceptions keep circulating about Social Security. These are worth dispelling, as more and more baby boomers are becoming eligible for their retirement benefits. Myth #1: Social Security will go away before you do. The federal […]
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