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Tuesday, March 2, 2021

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.

Could a market decline help your 401(k)?

Money managers say take a breath — downturns could offer opportunities to strengthen your retirement savings for the long run.

Retirement: How much can I live on?

The days of being able to count on averaging 10 percent annual returns from the stock market are over. So, it is important for retirees to know just how much they can take out of their portfolios every year without drawing them down too fast.

Non-profit credit unions are known for service

By David A. L’Ecuyer Many people get confused or simply don’t appreciate the difference between banks and credit unions. Both banks and credit unions offer...

2 years after market low, the little guy is back

“It didn’t feel right to be back in until now,” said Richard Dukas, who heads a public relations firm in New York City. “I still don’t want to put all my money in the market, but I believe we’ve come through the worst of it.”

Combatting financial abuse

Just because the elder’s decision seems bad, doesn’t make it (the financial proposal) wrong or exploitative.

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.
Alain Valles is an expert on reverse mortgages.

How are you doing? – A reverse mortgage may allow you to do better

  By Alain Valles, CSA, MS, MBA, Powerhouse Funding Corp. When asked “How are you doing?” do you answer truthfully? I hope you are doing fine health-wise,...