How Delaying Retirement Can Help You

Delaying retirement has been one of the most consistent pieces of financial advice for older Americans reeling from the recession. The major financial benefits of deferring retirement are the ability to continue earning money, adding to your retirement assets, deferring drawing down those assets, and delaying the date you begin to receive Social Security benefits.

Situations differ, of course, but here's a rough look at the impact of deferring retirement for five years, from age 65 to 70. Use this finding to see how your own situation would be affected if you were to delay your own retirement.

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Free Living the Boomer Life for Dummies Book

As a baby boomer, approaching the retirement age, you are entering a beautiful chapter in your life. Yes, approaching retirement involves some unknowns. However, with preparation those unknowns can help you do what everyone should do in their retirement years – enjoy them! This book empowers you with helpful tips and expert advice on how you can enjoy retirement to the fullest. Check out this freebie offer's webpage.

10 Worst-Rated States for Retirement

Well, if you are planning out your future and where you might want to live after retirement, this would be a good article to read. Different factors like climate, economy, etc. were used to determine the ten worst-rated States for retirement. Hint: The State of Maine with its cold climate and high cost of living ranks it near the bottom.


Read the article HERE. The list was compiled by AARP.

Where The Republican Presidential Candidates Stand On Social Security

Social Security is a tricky issue in the GOP primary: It's a program of nearly unparalleled popularity, resonates with the seniors most likely to vote, but is also a pure example of government spending and redistribution of wealth, the types of things that have become anathema to a party increasingly tied to its most passionate and extreme wing. How does a Republican who wants to win both the primary and the general election thread the Social Security needle?

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How to Overcome 12 Retirement Challenges

The roadblocks to a successful retirement have become more frequent and severe, ranging from Wall Street and housing meltdowns to rising healthcare costs and concerns about the long-term stability of Social Security, pensions, and government safety net programs. But according to a new study by MetLife and the Scripps Gerontology Center at Miami University, there are common ways that people are stepping up to create better outcomes for their retirement years.

READ THE FULL ARTICLE HERE.

Tips for Baby Boomers Reaching Retirement Age in 2012

In 2012, the oldest baby boomers will turn 66, an important age for Social Security eligibility. At 66, boomers can claim the full amount of Social Security they have earned, and the penalty for working and claiming Social Security benefits at the same time disappears. Here are some retirement planning tips for those turning 66 next year.

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10 Things You Didn't Know About Social Security

Since Franklin Delano Roosevelt signed the Social Security Act on August 14, 1935, few workers have not been impacted by the social program. Almost all Americans pay into the system, and Social Security is the largest source of income for citizens age 65 and older. Yet this huge entitlement has many facets, some of which are not widely known. 

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10 Ways to Boost Your Social Security Checks

The age you first sign up for Social Security can impact the payout you will receive for the rest of your life. Here are some strategies to maximize your monthly benefit. 

READ THE FULL ARTICLE HERE.