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Thursday, October 17, 2019

Retiring on time despite the economic downturn

It took guts and good planning to decide to retire in the middle of the deepest recession in decades. Even so, those who did felt flickers of self-doubt when the stock market crumbled around the time they banked their final paychecks.

Forced to retire, some take Social Security early

Paul Skidmore’s office is shuttered, his job gone, his 18-month job search fruitless and his unemployment benefits exhausted. So at 63, he filed for Social Security benefits, three years earlier than planned.

Five steps to protect your 401(k) during market activity

It’s been a harrowing ride in the stock market lately. So much so that it’s prompted scores of investors to pull money out of the market and park it in bonds or other fixed-income assets.

Tips to avoid financial strain with aging parents

Staying on track to a comfortable retirement isn’t only about taking care of your finances and your health. It might involve taking care of your parents, too.

Government gets an earful on 401(k) proposal

By David Pitt DES MOINES, Iowa — What happens when the government considers tinkering with retirement accounts and asks for citizen input? It gets plenty. Government officials began...

Durable Powers of Attorney: Not so durable after all?

By Linda T. Cammuso A Durable Power of Attorney (DPOA), sometimes called just a “Power of Attorney,” is a legal document that allows you to...

One out of every five older Americans are financial swindle victims

More than 7.3 million older Americans — one out of every five people over the age of 65 — have been victimized by a financial swindle, according to a new survey by Investor Protection Trust (IPT)

7 important things to know about living wills

President Barack Obama’s recent recommendation that all Americans get living wills resonated with those who have been urging the same thing for years.

My loved one has been diagnosed with Alzheimer’s disease, now what?

It is estimated that about five million Americans suffer from Alzheimer’s disease, and about 360,000 people are newly diagnosed each year.

Second marriages pose challenges in estate, benefits planning

Second marriages are as common in the 50 plus population as they are with younger married couples. Couples who have remarried are often unaware of the legal and financial implications of their marriage.