One thing we all realize as we journey through life is that change is constant. The changes can be positive or negative, and can include things like a job change, a child leaving for college, the birth of a child, starting school, graduating from school, difficulties at work, buying a house, empty nest, marriage, divorce, or death. When only one transition hits at a time, we are typically able to concentrate and continue to function at very high levels. However, there are times when the combination of stressors can be so overwhelming they have a serious impact on our brains’ …Read More
Last week, the monthly employment report was released by the BLS showing a shocking 204,000 increase in jobs, instead of a consensus estimate of 120,000. At this rate the economy is well on the path to return to normal. The difference between 120,000 new jobs versus 204,000 is huge because after adjusting for the population increase of 120,000 new job seekers every month (from becoming an adult or immigration) then the “real” job increase should be 204,000 less 120,000 which is 84,000. If the consensus forecast of 120,000 was correct then the “real” increase in jobs would have been zero. …Read More
When I saw a long list of senior discounts that began at age 50, I was intrigued. I am always on the hunt for opportunities to make your money work harder.
One of the best sources was the AARP discounts that are available to members. Many of the discounts are related to travel and entertainment. So if you pay the annual membership fee of $16, you too can appreciate the benefits of AARP membership:
- Need to rent a car? Get 25% discounts from Alamo, Hertz, National and Budget, up to 30% from Avis, and 5% off from Enterprise.
- Parking your
Choosing the best time to begin claiming Social Security is one of the most significant decisions a retiree will make. When you consider that this income represents an asset typically valued between $500,000 and $1.2 million, you begin to understand its importance to a retiree’s retirement portfolio. There are no one-size-fits-all answers to identify when to start.
Social Security is also extremely complex. Aside from a basic age analysis, Social Security’s loophole strategies, including “File and Suspend” and “File as a Spouse First,” open the door to hundreds of combinations that should be assessed when picking the optimal filing dates.…Read More