Will my 401k be enough to retire on?
In our most recent LinkedIn poll, we had over 700 people view the question “What is the Federal poverty line?”. And only 22% answered it right. Why did we ask the question? We asked it because we wanted to know how many of you realize how many seniors live at this level or below it.…Read More
Coming soon to a 401k plan near you: retirement income!
America is in the midst of a retirement crisis, and lawmakers are responding by improving the effectiveness of the country’s most popular savings vehicle: employee 401k plans. Here are some reasons why retirement plans are now offering retirement income options, what the legislation says, and what it may mean for employees and HR professionals. A…Read More
What will inflation’s impact on seniors be?
Let’s look at what’s happening now. Inflation is up 8.5% year to date, the highest rise in decades This has had a catastrophic effect on senior citizens who are on a fixed income, with many of them having to resort to government assistance to eat, or are having to dig into their savings to afford…Read More
How much will Medicare cost me in 2022? More than you think!
People frequently worry about the cost of healthcare, specifically Medicare. If you are sitting there asking, “How much will Medicare cost me in 2022?”, read this blog. We’ll talk about the rising cost of healthcare and how it impacts Medicare premium increases in 2022. But before we get into the details, let’s start with a…Read More
What questions does the Coronavirus raise for people Retired or about to Retire?
The coronavirus pandemic and its related economic consequences have made critical changes to the way we think about retirement in America. What are the key questions about housing, healthcare, business, and the supply chain that you should be asking yourself as we work our way through this crisis? We will focus on coronavirus and retirement.…Read More