Retire Smart: Keep These Tips in Mind for Retirement Planning
News For, By and About People
By Robert Pagliarini,
Tribune Media Services
Several weeks ago at a fundraising event, I was introduced to a man in his late 40s. He had perfect hair, a GQ grin and was dressed impeccably in a custom suit. The only thing that sparkled more than his white teeth was his gold Rolex. As I was shaking his hand, I immediately assessed what kind of person he was, but, after speaking with him, my initial characterization was destroyed and so was my spirit. I realized that I had unfairly (and inaccurately) prejudged who he was.
By Mark Miller
By Mark Miller
Tribune Media Services
For the second consecutive year, seniors won’t get a Social Security cost-of-living raise in 2011. Although the news comes as no surprise, many seniors are angry. But is their anger justified?
By Mark Miller
By Mark Miller
Tribune Media Services
Are you a senior enraged about health care reform? If so, allow me to interrupt the ranting for a moment to alert you that, um, your check may be in the mail.
One of the new-and largely ignored-improvements in the health care reform law that benefits seniors is the closing of the notorious “doughnut hole” in Medicare prescription drug plans. But the changes will occur over a period of years, and there’s been some confusion over the first step-a $250 rebate that is being sent out to most people who fall into the hole this year.
Could health reform unleash the inner entrepreneur in millions of older workers?
There’s plenty of evidence that baby boomers in their 50s and early 60s want more independence and flexibility in their work. Many are ready to take a risk via second careers and entrepreneurial ventures-but have been hanging on to jobs solely for health insurance benefits. They won’t qualify for Medicare until age 65, and it’s difficult to get affordable, quality coverage outside of employer group plans.
LANSING, MI — Getting into the entertainment industry is more than just making beats and knowing how to play an instrument or sing.
By Mark Miller
Tribune Media Services
How much will you need to live on in retirement? You’ll often hear the big financial services companies offer this rule of thumb: Plan to replace 80 percent of your working income in retirement.
By Dr. Daneen Skube