Actuaries estimate full benefits can only be paid thru Q3 2032 I was watching TV the other night when this line stopped me in my tracks: “Social Security represents one-quarter of the federal government and will be bankrupt in 17 years.” Do you know what I was watching? Hint… it was not a network or cable news show. Rather, it was an episode on the mega-hit TV show, The … [Read more...] about Social Security Reserves Down to Six Years
Dental Plans and Medicare. Do You Even Need a Dental Plan?
Finally getting set up with Medicare is like running a marathon for most people. It takes a lot of preparation, research and analysis, and a training plan. When they finally cross the finish line and have Medicare, it can feel like they’ve run 26.2 miles. But there is more to do. Yes, they are now covered by Medicare Parts A and B and a Medigap plan. They’ve got their … [Read more...] about Dental Plans and Medicare. Do You Even Need a Dental Plan?
A woman’s approach to planning her retirement
March is Women’s History Month A woman’s approach to planning her retirement has always been different from a man’s approach. That’s not to say that men aren’t doing a good job. But rather a fact that men and women approach most things differently. Women's opportunities to own and manage their own finances is a recent development, largely thanks to some women in the 1800s … [Read more...] about A woman’s approach to planning her retirement
COBRA Coverage after Age 65 – It Doesn’t Really Work
One of the most misunderstood aspects of working after age 65 is how long you can stay on COBRA. The short answer is: Not. At. All. Practically speaking, COBRA coverage after age 65 does not provide you with health insurance. Even if your HR folks tell you COBRA coverage will be available. Or if your employer offers to pay the monthly premium as part of your exit package. … [Read more...] about COBRA Coverage after Age 65 – It Doesn’t Really Work
Social Security: Lightly Toasted, Not Burnt (my latest book)
aka: It’s Still Not Going Bankrupt This has been a tough year for Social Security. After the year started out on such a bright note with the repeal of WEP and GPO, things quickly soured. The new administration unleashed the doughgie boys (DOGE) into the gears of Social Security. And they wreaked havoc. Layers and layers of new identification rules make it difficult for … [Read more...] about Social Security: Lightly Toasted, Not Burnt (my latest book)
