Members: 106,838 -
1,561 Online Now
|
|||||||||||||||||||||||||||||||||||||||||
|
Blog entries tagged with "social security":
|
|||||||||||||||||||||||||||||||||||||||||
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers
and brokers listed on this site. These real estate profiles, blogs and
blog entries are provided here as a courtesy to
our visitors to help them make an informed decision when buying or selling a house. ActiveRain
Corp. takes no responsibility for the content in these profiles, that are written by the members
of this community.
© 2007 ActiveRain Corp. All Rights Reserved 
|
|||||||||||||||||||||||||||||||||||||||||
I recently had a Client who asked me how to close down his company since he was retiring. He has no family and doesn't just want to close shop on the final day and leave 35 years worth of customers blowing in the wind. What to do, what to do?
High 95 Low 74 Thunderstorm Likely
Avoid credit repair scams
MYTHS-
The faultering economy and rising health care costs are causing worry in many American workers. They are worrying that they won't have enough money to live in any kind of comfort when they retire.
"This one step - choosing a goal and staying to it - changes everything." ~ Scott Reed, Bob Dole Presidential Campaign Manager The average American has been brought up to believe that paying off their mortgage is a smart financial decision. Considering that the Average American retires later than they want … (0 comments)
Yes it's true. I'm getting older. I've been removed from high school for more than a decade and the last college course I took was in the 90's. However, I always try to learn something on a daily basis (and thanks to my fellow AR addicts, I do). While it has … (7 comments)
When my husband became of age to start collecting his Social Security Benefits, we were shocked to find out that he was denied the full earned monthly payment. You see, he was an employee of the local fire department for 20 years, and that is considered a government employee. We also … (0 comments)
What A magical year!
Did anyone watch the Barbara Walters special last night? They say that babies born today could live to be 150, and feel young! They have found ways to stop aging! WOW! People in their 80's will feel like they are 40! Do you really think this is possible? They even think … (25 comments)
I was just reading Fortune magazine and came across and article that got me thinking: The Hour Draws Near: When will Social Security start trickling away? According to the article, Social Security will become an issue long before the projected "2039 or whatever". The problem is expected to become apparent in less … (0 comments)
Tips you can use: Economic "Stimulus" 2008 February 22, 2008I have been fielding calls and e-mails on this subject and thought it would help to provide my overview of what is happening. If you have further questions, contact me or discuss them with your tax advisor during your upcoming appointment.Late on … (3 comments)
The Social Security Administrationnow has an "eServices" link that can answer a number of questions pertaining to Social Security. 
In some of my daily reading yesterday, I came across an interesting fact I had wondered about, but never really researched. I found that the average senior between the age of 65 and 74 spends 92% of their income. This is startling, but not to be outdone, seniors 75 and older … (6 comments)
My father is 62 and he plans to work for another 5 years. At that time, he'll retire with full social security benefits (fingers crossed on the program still being funded), a pension, and a lump sum "nest egg"; all positive aspects of retirement. He has always spent money wisely, and will be … (1 comments)
I had a revelation that I wanted to share! I hope you all are doing well, and in fantastic spirits! In case you haven't checked your watch, the first wave of the Baby Boomers have arrived at 62! Yes, this December we will embark upon a new age of prospective "change … (0 comments)
With our country's finances stretched thin, our credit limit fast approaching, and our currency inflated to the breaking point, there is no indication yet of any urgency on the part of Congress to rein in spending. The predictable answer to the government's voracious spending habits is this week's proposal by some … (5 comments)
Then you may want to speak to a licensed mortgage loan officer that has a strong emphasis in retirement planning. Few seniors understand reverse mortgage products, and many figure they can barely survive on social security and therefore do not take advantage of higher end Medicare supplemental programs that could save … (0 comments)
Here is a site I came across that is sort of interesting. It is a Social Security payout calculator. http://www.ssa.gov/OACT/quickcalc/index.html Here you can calculate how little money you will actually get. What could you use this for? If your planing on living on Social security, you better have a lot of money … (1 comments)
I can't tell you how many times I would quickly turn the channel when I saw Robert Wagner or James Garner on TV touting Reverse Mortgages. I really like James Garner and I couldn't believe he was a spokesperson for what seemed to me to be another way to con seniors. … (22 comments)
The full U.S. House voted to approve the Taxpayer Protection Act of 2007. The current law requires a seller to complete an affidavit and supply their social security number at closing. Once this bill is ratified by the Senate and the President signs off, the new legislation would not require social … (2 comments)
The government website USA.gov simplified by the government what can be done on this site.
Important phone numbers to keep on hand (e.g. Passports, Homestead Filing, Automobile License Tags & Titles, Occupational Licenses, Voter Resgistration)
You hear it everywhere, but what are some of the best ways to avoid identity theft?
JURY DUTY SCAM:
Money from a reverse mortgage is not considered earned income. Your proceeds are not taxable income* and there is no affect on your Social Security or Medicare Benefits. Some people who receive Medicaid, SSI or any kind of public assistant and receive advances from their reverse mortgage will need to make … (0 comments)
Women are taking an increasingly hands-on role in their planning for retirement. A smart move considering women are statistically likely to spend some of their final years alone.
In a prior blog entry I attempted to start a thought process on what we, especially those involved in supporting seniors, are doing to prepare ourselves, our family members and others in our communities for maximum financial security and maximum lifestyle in our later years.