Elder Care

Subscribe to Elder Care RSS

Suspending Social Security

Submitted by Jim Blankenship on Friday, March 13, 2015 - 12:00pm

If you already started Social Security benefits, can you change your mind? Yes. With a little trick called “file and suspend,” you can put your benefits on hold and restart them later to maximize retirement income.

How to Talk About Elder Care

Submitted by Eric Hutchinson on Thursday, January 29, 2015 - 3:00pm

Emotions involved with caring for the elderly can seem almost as overwhelming as the finances. As your loved ones age, what topics must you be ready to discuss? Beyond money, you need to talk about independence and basic preferences for the way individuals want to live or die.

Maximizing Social Security

Submitted by Lewis J. Walker on Wednesday, November 12, 2014 - 3:00pm

Failure to understand Social Security can be costly. Here’s how to get the most out of your benefits. While the subject is complex and laden with acronyms, you need to understand it.

How much financial security can a person or couple derive from Social Security income? For many it is the bulk of retirement income. Per the Social Security Administration, 52% of married couples and 74% of unmarried persons receive half or more of their income from Social Security.

Those Amazing GDP Increases

Submitted by Brenda P. Wenning on Tuesday, October 28, 2014 - 9:00am

Isn’t it odd that the government’s economic growth number keeps climbing with each revision? You don’t think there is a political component to this, do you?

If you repeat something often enough, you may even start to believe it. So try this phrase: “The economy is improving. The economy is improving. The economy is improving.”

Optimizing Social Security

Submitted by Harold Wong on Thursday, October 30, 2014 - 12:00pm

Your retirement income hinges on a seeming paradox: People increase dependence on Social Security even as the long-term solvency of the government golden years’ program reportedly dwindles. What tricks of timing and finances can give your benefits checks the biggest boost?

Waiting to collect is the key. Examples may give you a good idea.

Pages