“For lower-income individuals, I would say annuities might still make sense if they don’t plan to leave a bequest,” says Gal Wettstein, senior research economist for the Boston College Center for Retirement Research.. (Photo/submitted)

Are annuities right for you?

By David Wilkening, Contributing Writer REGION - For decades, people have been buying annuities for a lot of reasons that sounded positive. They are long-term...
Mike Festa

Five things to know about Social Security

By Mike Festa, AARP Massachusetts State Director Social Security is your money — you earned it through a lifetime of hard work. And like most...
With all the financial considerations of bankruptcy, one other factor is not measured in dollars and cents―the psychological impact.

Should you declare bankruptcy?

By David Wilkening, Contributing Writer REGION - If you’re considering bankruptcy, there are a lot of lawyers in Massachusetts who can help. And many offer...
“Retirees are likely to see another sizable increase in their Cost-of-Living Adjustment (COLA) for their Social Security payments in 2023,” due to higher interest rates, says Susan Moore of Moore Financial Advisors in Watertown. Photo/Submitted

Higher interest rates are a double-edged sword

By Sharon Longo, Contributing Writer REGION - Having some money set aside may provide a sense of security, but many people often feel insecure when...
Attorneys Michelle Beneski and Dan Surprenant Photo/Submitted

Surprenant & Beneski P.C. encourages early estate planning

By Liz Nolan, Contributing Writer REGION - Learning about power of attorney, trusts, wills and health directives does not need to be overwhelming. The legal...
Borrowers over the age of fifty make up almost a quarter of the current debt owed.

Properly managing student loan debt is even more important for older borrowers

By Nance Ebert, Contributing Writer REGION - Student loan debt is a heavy burden for people of all ages. But did you know that borrowers...
The grocery store is one place where the effects of inflation have been felt greatly. Photo/Submitted

Tips on coping with inflation

By David Wilkening, Contributing Writer REGION – Costs are higher when you pump gas, go to the grocery store, and pay for many other necessities....
Mike Festa

AARP helping to make sense of money matters in March

By Mike Festa, AARP Massachusetts State Director With a new year and tax season upon us, a lot of us start to think about money...
One survey revealed that over half of 50-plus professionals view remote work as a more productive option.

Remote work on the rise for many older workers

By Barbara Hazelden, Contributing Writer REGION - While inching along in I-93 traffic every day or plodding along slushy Boston streets in horrible winter weather,...
Your chances statistically of being audited by the IRS are not likely―roughly 0.3% or 3 in 1,000.

Should you worry about being audited by the IRS?

By David Wilkening, Contributing Writer REGION – Being audited by the IRS is high on the list of things that many Americans dread.  It’s a fearsome...