Income Planning in Retirement: Which Withdrawal Strategy Should You Use?

June 2, 2016 10:09 am

You’ve worked hard and saved for a long time, and it’s finally time to retire.  In planning for retirement, you will need to evaluate your retirement income sources.  For most, a Social Security benefit will be one of the fixed sources of monthly income.  Others may also receive a monthly pension or perhaps a monthly […]

Choosing the Appropriate Pension Benefit

March 15, 2016 9:40 am

Pensions come in all shapes and sizes, and understanding how they fit into your long-term financial plan is essential when planning for retirement.  Some pensions offer cost of living adjustments (COLAs), can have varying ages of retirement and vesting schedules, as well as different payout options.  Unfortunately once you choose your payout option and begin […]

Big Announcements to Social Security and Medicare-What They May Mean for You

October 16, 2015 2:08 pm

If you’re retired, and have started to collect Social Security you may want to skip this week’s news and go out and enjoy the fall weather that has arrived in New England. In the news are two announcements that can and will affect retirees- specifically those who collect Social Security and/or Medicare. Changes to Social […]

When Marriage Can Increase Social Security Benefits

January 31, 2014 12:00 am

Marriage has its benefits – especially when it comes to Social Security. But you have to be a bit patient.

Most people want to maximize the amount of money they receive from Social Security. For some people, with shortened life expectancies or …