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General Information

Life Is More Enjoyable After Retirement

  "Enjoyment of everyday activities increases after retirement, a study from Australia has found."   The heightened level of enjoyment lasts at least a year after a retiree stops working full time, researchers report in the journal Age and Ageing. There is conflicting evidence about changes in enjoyment and happiness when people retire, coauthor Tim Olds of the University of ...
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Why The Inherited Or Stretch IRA Usually Does Not Happen

Why The Inherited Or Stretch IRA Usually Does Not Happen Unfortunately, most beneficiaries do not always take advantage of the IRA stretch out after the IRA owner’s death. In fact, often the reality is that beneficiaries will withdraw funds from the IRA much earlier and destroy what for many could be their greatest wealth building vehicle. This occurs for a number of reasons. Somet...
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What is Probate?

What is Probate? Probate is the legal process that governs how a deceased person’s assets are distributed upon their death. One way to think about the probate process is that it acts as ‘the script’ for how things go after someone passes away. How Does The Probate Process Work? The probate process will depend on whether your state has adopted the Uniform Probate Code (UPC). The UPC is an act ...
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Will Social Security Be There in the Future?

This is a very important question when deciding when to take your Social Security benefits and no one know the exact answer to this so let’s look at a few facts to consider to help provide some clarity on this issue. The overall consensus it that the Social Security Trust Fund will run out of money in the year 2034 which at the time of this writing is only 17 years away.  This sounds pr...
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What About Spousal Benefits for Social Security?

What About Spousal Benefits for Social Security? When trying to figure out Spousal benefits for Social Security it is a virtual minefield of rules so let’s dive in and make sure that you follow all of the guidelines. Typically a spouse is entitled to their own Social Security based on their work history, or 50% of their spouses’ Social Security at their full retirement age, whichever is HIGHER...
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Should I Delay Taking Social Security Past My Full Retirement Age?

Should I Delay Taking Social Security Past My Full Retirement Age? When deciding at what age to take Social Security, it can be very confusing and there are many things to consider before making this decision.  Let’s take a look at some of the issues that may apply to you. Once again like we did in the previous article on taking Social Security Early, let’s take a look at some important fact...
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Can You Still File A Restricted Application?

Can You Still File A Restricted Application? The Social Security Department made some sweeping changes to some of the claiming strategy rules on November 2, 2015. One of those was the use of the restricted application, or claiming spousal benefits first while allowing your own benefits to continue to grow. The new rule only allows the use of the restricted application for those born be...
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How Are Social Security Benefits Calculated?

"How Are Social Security Benefits Calculated and What Can I Do To Increase Benefits?" There are a minimum number of years to qualify. To qualify for any Social Security benefits, you must have at least 40 credits. To receive a credit in 2017, you need to earn $1,300 per credit (this number adjusts each year), with a maximum of four credits per year. So to receive the 40 credits you have to work f...
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The Case For Absolute Return Investing…

The case for absolute return investing is rooted in the following: ▪ People’s decisions to buy and sell move stock and bond prices. People might buy or sell in response to external events; however, it is an individual’s decision to buy/sell, and not the actual event, that contributes to the price of a security. ▪ We cannot know what will happen in the future; we cannot know the ...
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