Article Excerpt: "...The community of bunkers sits on a former Army base where the closest Walmart is about two hours away...."
Article Excerpt: "The retiree annuity supplement is a retirement benefit paid to those employees covered by the Federal Employees Retirement System (FERS) who retire before age 62 and who are entitled to an immediate FERS annuity. The retiree annuity supplement approximates the value of FERS service in a Social Security benefit. The purpose of the supplement is to..."
Article Excerpt: "You work for decades, regularly paying taxes to help fund Social Security. Then you retire at the end of a long career and begin to get back the money you put in all those years. No more taxes, right?..."
Article Excerpt: "If you’re already receiving Social Security benefits or Railroad Retirement Board (RRB) benefits, we’ll contact you a few months before you become eligible for Medicare and send you information...We will not automatically enroll you in a Medicare prescription drug plan (Part D). Part D is optional, and you must elect this coverage. For the latest information about Medicare, visit the website..."
Article Excerpt: "The full retirement age is 66 if you were born from 1943 to 1954. The full retirement age increases gradually if you were born from 1955 to 1960 until it reaches 67. For anyone born 1960 or later, full retirement benefits are payable at age 67...."
Article Excerpt: "...America’s population is graying, as they say. And the retirement home industry is booming as a result, expected to swell exponentially over the next several years. Meanwhile, nearly a fifth of Americans provide care for an adult, according to the AARP. And more than half of adults ages 50 to 80 provide care for someone 65 or older, according to the University of Michigan’s 2022 National Poll on Healthy Aging. For many adult caregivers—especially working ones—something will eventually have to give. Psychologist Allison Applebaum, Ph.D., knows this all too well. The author of the forthcoming book Stand by Me, Applebaum cared for her aging father..."
Article Excerpt: "...Even those who have worked hard and saved their whole lives may find themselves losing spending power and sinking into poverty after they retire. ...look out for these pitfalls to remain as financially secure as possible. Even falling into one or two of these traps can lead to financial trouble."
Article Excerpt: "...According to a recent survey from F&G, half (50%) of pre-retired and retired Americans are considering delaying or coming out of retirement. Financial factors are certainly a reason, with 52% of pre-retirees worried they won’t have enough money in retirement, and 42% of retirees worried about inflation. ..."
Article Excerpt: "...New research explains why: The modern-day Scrooge of Bidenomics has reduced the real value of the average 401(k) by a quarter in the last two and a half years. The study, published with the Committee to Unleash Prosperity, examined individual retirement accounts (IRAs) and pension plans and found shocking losses under the Biden administration, enough to delay many Americans’ retirement plans for years. How this happened is a painful lesson in government overspending and overregulating, the hallmarks of Bidenomics...."
Article Excerpt: "...Retirement is typically a time to relax. But investing some of that free time into learning new skills can help keep your mind sharp. Many institutions across the U.S. offer free college courses for seniors. These programs are an excellent opportunity to explore new interests and stay intellectually active. And you don't always have to worry about grades either — many schools allow seniors to audit classes without doing homework or taking exams. But what colleges offer free tuition for seniors? And what are the requirements for these programs? Here are 20 universities with free college courses for seniors, along with overviews of how they work. ..."
Article Excerpt: "...Here are the steps to creating and maintaining an estate plan..."
Article Excerpt: "...Defying conventional wisdom, Gen Xers and millennials—who share reputation for being financially unstable—may be better prepared for retirement than the older and more dependable baby boomers. ..."
Article Excerpt: "...there’s more to choosing a place to live than just costs, especially if you have the money to retire comfortably. ...If you are looking for beaches, mild weather, watersports and golf (along with historic architecture and a peaceful way of life), consider the European city of..."
Article Excerpt: "...In an economy characterized by a volatile stock market and elevated inflation, a sure thing looks better than ever. For some Americans in the labor force right now, that looks like a pension. Striking members of the United Automobile Workers union made waves this year when the union’s leaders demanded the reopening of defined-benefit pension plans for workers hired after late 2007. Although U.A.W. leadership failed to persuade automakers to reopen the plans...Only about one in 10 Americans working in the private sector today participates in a defined-benefit pension plan..."
Article Excerpt: "...retirement gap − the risk of not having enough money throughout retirement to cover typical spending − is widest among late baby boomers in their early to mid-60s, who have low-paid to middle-income jobs, according to new retirement readiness research. The challenge? This group − who likely could be living paycheck to paycheck now − typically will need nearly as much money to cover their bills in retirement as they do while they're working and collecting a paycheck. But their Social Security checks and other savings might only enable this group of lower-paid workers to cover less than two-thirds of their pre-retirement spending, according to Fiona Greig, global head of investor research and policy at Vanguard. ..."
Article Excerpt: "...new data from the St. Louis Fed finds that there’s still a lot more retirees than the Fed predicted: about 2 million, to be exact. Now, that doesn’t mean the unretirement narrative isn’t true. Unretirement rates rebounded to pre-pandemic levels as the economy and society began to normalize again. The majority (68%) of pandemic-era retirees reported they’d consider returning to work, per a 2022 CNBC survey. And as the cost of living and life expectancy rises, 20% of retirees continue to work full- or part- time and 7% are job searching, per T. Rowe Price’s recent Retirement Saving & Spending Study. Nearly half of working retirees said they're doing so for either financial reasons or for socio-emotional ones. “It’s extremely scary. We thought that we would be doing some traveling this year, but that’s come to an abrupt halt. ..."
Article Excerpt: "You can avoid taxes in retirement by moving to one of these states, but there are even better ways. ...12 states tax Social Security in some cases, with each state having different rules for how those taxes are calculated. But 38 states (and the District of Columbia) won't tax your Social Security income at all under any circumstances. Here are the 38 states that don't tax Social Security benefits:..."
Article Excerpt: "...It's trade-offs like this that have a lot of retired workers choosing a middle-ground approach. In 2022, age 65 was the fourth most-popular claiming age, behind ages 66, 62, and 67, in that order. Just how big of a Social Security check is the average retired-worker beneficiary bringing home at age 65? According to data from the SSA, as of December 2022, the 1,389,007 retired-worker beneficiaries receiving a monthly check brought home an average of $..."
Article Excerpt: "Medicare is federal health insurance for people 65 or older, and some people under 65 with certain disabilities or conditions. ...Medicaid is a joint federal and state program that helps cover medical costs for some people with limited income and resources...."
Article Excerpt: "...What's Extra Help?
"Extra Help" is a Medicare program to help people with limited income and resources pay Medicare drug coverage (Part D) premiums, deductibles, coinsurance, and other costs.
You also won't have to pay a Part D late enrollment penalty while you get Extra Help.
Some people qualify for Extra Help automatically, and other people have to apply. ...APPLY FOR EXTRA HELP"
Article Excerpt: "...Medicare Supplement Insurance, or Medigap, is health insurance that covers “gaps” in Medicare Part A and Part B coverage. Although you use your Medigap policy with Original Medicare, Medigap has its own rules for when and how you can sign up.
The Medigap open enrollment period is the easiest and least expensive opportunity to enroll in Medicare Supplement Insurance. If you miss your Medigap open enrollment period, you might end up spending much more for Medicare Supplement Insurance or even be unable to buy a plan. ...
"
Article Excerpt: "Medicare Supplement Insurance (Medigap) is extra insurance you can buy from a private health insurance company to help pay your share of out-of-pocket costs in Original Medicare
.
Generally, you must have Original Medicare – Part A (Hospital Insurance) and Part B (Medical Insurance) to buy a Medigap policy. ...Get Medigap basics, Get ready to buy, Find Medigap policies, Already have a Medigap policy? Find out if you can change or drop your policy.
"
Article Excerpt: "...11-foot ceilings and eight-foot floor-to-ceiling windows.
“The completely custom artisanal design boasts an exquisite Earth-friendly, sustainable, off-grid home with every expected modern amenity found in contemporary luxury builds,” says the property’s website. The home sits within the Greater World Earthship Community, which is a five-minute drive to the Taos airport and 20 minutes to downtown Taos.
To view the full property listing by John Johnston with Berkshire Hathaway HomeServices in Taos, click here. The website includes info, pictures, and a complete 3D tour of the property.
...
Article Excerpt: "... government employees covered by the Federal Employee Retirement System — a three-tier plan that includes Social Security — typically receive a lower rate..."
Article Excerpt: "Currently, Federal Employees Retirement System employees who began their careers as temporary or seasonal workers must work longer to receive their full retirement benefits. ...The Federal Retirement Fairness Act (H.R. 5995),...would allow employees enrolled in the Federal Employees Retirement System who began their careers in government as temporary workers to make catch-up contributions to their defined benefit pensions to cover for the time before they had permanent positions and were unable to contribute to their retirement accounts. "
Article Excerpt: "...People who choose Original Medicare health insurance when they reach the eligible age of 65 may opt to purchase additional health insurance in the form of a Medicare Supplement plan (or Medigap plan) from a private insurance company. These insurance plans, which require beneficiaries to pay an additional monthly premium, help pay for costs not covered by Original Medicare, such as copays. One of the most comprehensive and popular Medicare Supplement plans is referred to as Plan G. Read on to learn more about Medicare Supplement Plan G, including what it covers, how much it tends to cost and what to consider before purchasing a plan. ...“Plan G is most popular because it’s the most comprehensive [Medicare Supplement plan],” says Murdoch. “You do pay a monthly premium for Plan G, but after you pay the Part B deductible, Plan G kicks in to pay remaining costs—copays, coinsurance and out-of-pocket expenses.” Medicare Plan G may be helpful for people who have health problems or think they may develop certain health conditions due to family history. While it’s hard to predict what medical services a person may need in the future, Murdoch recommends considering Plan G for its affordable cost in the long term. What Does Medicare Supplement Plan G Cover? Plan G covers nearly all costs not covered by Original Medicare, including:"
Article Excerpt: "Medicare coverage primarily comprises four parts: A, B, C and D. Part A covers hospital services, Part B covers managed services outside the hospital, C expands Part A and B coverage and, finally, D covers prescription drugs. ...According to official information from the Social Security Administration (SSA), all retired workers age 65 or older who receive monthly Social Security benefits will be automatically enrolled in Part A. ...How can I apply for Medicare online? If you are interested in receiving Medicare benefits, you can enroll in the program online through the official SSA website."
Article Excerpt: "...But with the chance to while away your retirement on your own terms — Caribbean beach or small European town; culture-packed city or ocean cruise — the options can feel limitless. So, whether you’re finally planning that vacation you’ve dreamt of all these years, or you’re looking to relocate for a fresh start, we’re here to help you find your happily ever after. ..."
Article Excerpt: "Use technology as an advantage. ...Create a routine so you go to the same coffee shop at the same time every day and go to the gym at 10 a.m. each morning,” Laura said “You’ll get familiar with new people and start making small connections at first that can evolve over time..."
Article Excerpt: "...Nomadic life appeals to those who have the time and cash to make RVs or boats into mobile retirement homes. After years..."
Article Excerpt: "...The three most common sources of retirement income in the U.S. are Social Security benefits, employee pensions and personal savings – a trio dubbed the "three-legged stool" by financial planners. Not every worker has access to a retirement-savings plan through work. More than half of Americans did not qualify for a retirement plan through their job, according to a recent study by the Economic Innovation Group...."
Article Excerpt: "...Open enrollment for Medicare opens Sunday, and seniors could have dozens of options. During the enrollment period, which ends Dec. 7, people will have the opportunity to choose between traditional Medicare and privately run Medicare Advantage plans..."
Article Excerpt: "...The results vary at the state level, however, and the people in some states are more prepared for retirement than the people in others. ...Alabama, most popular answer: Less than $10,000 saved... Vermont, most popular answer: $300,000 or more saved..."
Article Excerpt: "...embracing a part-time retirement gig doesn’t necessarily mean meager earnings and dull tasks. With the appropriate education and qualifications, you could potentially shift into a well-paying and gratifying role. ...Here’s a selection of opportunities for retirees, per Indeed and Insider Monkey."
Article Excerpt: "...Even a small retirement account could have grown substantially over the years, so it’s worth trying to find it. ..."
Article Excerpt: "...The life expectancy for a 63-year-old man is 21 years and 6 months1. This means that a man at this age can live until 84 years and 6 months1. Women are expected to live longer than men, with a life expectancy of..."
Article Excerpt: "...Most of us seem to know that the average American lives between 70 and 80 years: 73.5 years for men, and 79.3 for women, to be exact. Fewer of us understand that life expectancy rises with age. An American man who turns 70 today will live to 85, on average. A woman of 70 will live to 87. That knowledge is called longevity literacy. Many of us don’t have it, and ignorance may cost us. Let's say a man retires at 65 with $2..."
Article Excerpt: "...Consumer Price Index by Expenditure Category ..."
Article Excerpt: "...The Consumer Price Index for All Urban Consumers: All Items (CPIAUCSL) is a price index of a basket of goods and services paid by urban consumers. Percent changes in the price index measure the inflation rate between any two time periods. The most common inflation metric is the percent change from one year ago. It can also represent the buying habits of urban consumers. This particular index includes roughly 88 percent of the total population, accounting for wage earners, clerical workers, technical workers, self-employed, short-term workers, unemployed, retirees, and those not in the labor force. The CPIs are based on prices for food, clothing, shelter, and fuels; transportation fares; service fees (e.g., water and sewer service); and sales taxes. Prices are collected monthly from about 4,000 housing units and approximately 26,000 retail establishments across 87 urban areas. To calculate the index, price changes are averaged with weights representing their importance in the spending of the particular group. The index measures price changes (as a percent change) from a predetermined reference date. In addition to the original unadjusted index distributed, the Bureau of Labor Statistics also releases a seasonally adjusted index. The unadjusted series reflects all factors that may influence a change in prices. However, it can be very useful to look at the seasonally adjusted CPI, which removes the effects of seasonal changes, such as weather, school year, production cycles, and holidays. ..."
Article Excerpt: "...More than 71 million Americans will see a 3.2% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2024. On average, Social Security retirement benefits will increase by more than $50 per month starting in January...."
Article Excerpt: "...the Social Security Administration considers you “retired” when you start receiving retirement benefits. If you are younger than full retirement age and earn more than the SSA’s yearly earnings limit, your benefits might be reduced. The full retirement age is either 66 or 67 years old, depending on if you were born before or after 1960. The SSA occasionally puts in new earnings test limits regarding work income. On Oct. 12, 2023, the agency is likely to announce a higher limit for 2024..."
Article Excerpt: "...While you'll no longer owe money toward the loan's principal or be responsible for interest, you'll need to keep paying your property taxes. You'll likely begin to receive property tax bills directly from state, country, and local governments. But it's not a bad idea to check in with each taxing agency to ensure they know to send the bills to you, instead of your lender. You'll also be responsible to keep paying your homeowners insurance premiums. Even if you're not legally required to carry insurance coverage on your home once it's paid off, it's a worthwhile expense to continue paying. You want to protect your investment. You'll want to coordinate with your home insurance company to arrange billing details. ..."
Article Excerpt: "...With lifelike expressions and a dynamic array of movements, aibo’s lovable behavior brings warmth and delight to the everyday lives of its owners. ..."
Article Excerpt: "...It might be easy to assume that AI bot users might be more isolated and less prone to socializing with real people. But, as The Cut put it, “bots, rather than encouraging solitude, often prime people for real-world interactions and experiences.” It’s interesting that so many women are in relationships with AIs, considering that it was originally a very male-centric platform. But there are many women who are devoted to their AI partners. One says that she has “never been more in love” with anyone in her life. Another experienced a traumatizing miscarriage and has two AI children. Another woman uses her AI partner to escape from her verbally abusive boyfriend. ..."
Article Excerpt: "...They are not only capable of better understanding their users, but they are also able to express a very high level of intimacy. With the help of these digital companions, a lot of people are finding it easy to get a unique experience that is perfectly customizable to their emotional needs, enabling them an emotional connection that might seem out of reach in real-life. One very interesting piece of news talked about the influencer Caryn Marjorie, that released an AI chatbot called CarynAI, which was created as an AI girlfriend to accommodate the needs of her male fans. ..."
Article Excerpt: "...That sentiment is reflected in a Quinnipiac University national poll of adults that found 78% of respondents are opposed to proposals that would raise the full retirement age for Social Security benefits from 67 to 70. Opposition remained firm even when respondents were asked whether they would support raising the full retirement age if it meant benefits would last longer, with 30% in favor and 62% against the move. ..."
Article Excerpt: "...She then goes on to explain, "So my dad died two years ago he had two 401ks ... Fidelity was an absolute nightmare I think it took six months to get the money out." The TikToker notes that the second account, which was with Prudential, took two weeks to cash out and that the staff there were extremely helpful. However, it was another story when it came to the 401k at Fidelity. "They kept losing documentation, you can't get anyone on the phone and I spent, hours, hours, on the phone with them. But, my dad had a small 401k and they kept losing the documentation and I couldn't get the guy on the phone and the guy got fired and then someone else took his place," she says. ..."
Article Excerpt: "I just got an email stating that "effective November 15, 2023, Costco.com will no longer be accepting Discover cards as payments." There goes the 5% quarterly cash back category in wholesale clubs! ..."
Article Excerpt: "...President Biden is announcing a new initiative to train young people in high-demand skills for jobs in the clean energy economy. The American Climate Corps will put a new generation of Americans to work conserving our lands and waters, bolstering community resilience, advancing environmental justice, deploying clean energy, implementing energy efficient technologies, and tackling climate change. American Climate Corps members will gain the skills necessary to access good-paying jobs that are aligned with high-quality employment opportunities after they complete their paid training or service program.
Sign up to learn about how you can join the American Climate Corps. ..."
Article Excerpt: "...The rally was held in support of the Social Security Fairness Act (H.R. 82, S.597), which calls for the repeal of the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). The WEP and the GPO either cuts or eliminates the earned benefits of more than 2.5 million retirees. Retirees who earn even part of a public pension from a government job that doesn’t pay into Social Security can lose part or all of their earned Social Security retirement benefits. These unfair, outdated provisions of the Social Security code must be repealed. “I am asking every APWU member to do their part to gain support for the Social Security Fairness Act - H.R. 82..."
Article Excerpt: "...In general, here’s how we assign payment dates:
If you were born on the 1st through the 10th of the month, you’ll be paid on the second Wednesday of the month.
If you were born on the 11th through the 20th of the month, you’ll be paid on the third Wednesday of the month.
If you were born after the 20th of the month, you’ll be paid on the fourth Wednesday of the month.
There are exceptions. For example...
"
Article Excerpt: "...If you agree that you have been overpaid, but you feel you should not have to pay it back because you did not cause the overpayment and you cannot afford to repay it, you should file Form SSA-632, Request for Waiver of Overpayment Recovery.
If you agree that you have been overpaid and are willing to pay it back, but cannot afford to pay it back at the rate we tell you in the letter, you should file Form SSA-634, Request for Change in Overpayment Recovery Rate.
We will stop recovering the overpayment until we make a decision on your request. ...
"
Article Excerpt: "A year ago, she was earning $862 a month and receiving about $1,065 in monthly Social Security disability benefits when a letter arrived from the federal government. The Social Security Administration had been overpaying her, the letter said, and wanted money back.
Within 30 days, it said, she should mail the government a check or money order.
For $60,175.90.
“Social Security should be to help people, not to destroy them,” said Addie Arnold, Worrell’s aunt and caregiver. ..."
Article Excerpt: "The best way to identify the dollar amount you’ll need to save to retire the way you want is to estimate how much you intend to spend every year. ...You’ve probably heard figures like $50,000, $75,000, or even $100,000 tossed around...need a nest egg of $1.25 million for a $50,000 annual retirement income. To generate $75,000..."
Article Excerpt: "...The Department of Defense earlier this year announced changes to base access procedures for federal civilian retirees, with new credentials required for base access. The Secretary of Defense for Personnel and Readiness issued a memorandum in February canceling the Department of Defense (DoD) civilian retiree identification card effective Aug. 31, 2023. New DoD civilian retiree IDs will no longer be issued, and federal civilian retirees seeking access to Navy installations, including Morale, Welfare, and Recreation (MWR) facilities, will now need to apply for a Defense Biometric Identifications Systems (DBIDS) ID card. The Navy followed suit by issuing instructions to Navy installations regarding the change...."
Article Excerpt: "Saudi Arabia is widely expected to extend a voluntary 1 million barrel per day oil production cut into October, prolonging supply curbs engineered by the Organization of the Petroleum Exporting Countries (OPEC) and allies, known collectively as OPEC+, to support prices. ...Russia, the world's second-largest oil exporter, has already agreed with OPEC+ partners to cut oil exports next month... U.S. West Texas Intermediate crude (WTI) "
Article Excerpt: "A quarter of Americans have had to pull back on saving for retirement because of persistent inflation, new data shows, potentially derailing their long-term financial goals for years to come.
In 2022, almost half of those who trimmed their savings, or 12%, stopped putting money away for retirement altogether..."
Article Excerpt: "Unmarried couples make up 18% of all first-time homebuyers, up from just 4% in 1985, according to a 2022 report by the National Association of Realtors. ...Unmarried couples are significantly more likely to make financial sacrifices to enter homeownership than married couples. ...But unmarried couples should carefully approach making a commitment of this scale. There are often no legal protections they can fall back on, said Cohn. If one person decides to leave, the other can be saddled with the entire mortgage and may not be able to afford it, she said..."
Article Excerpt: "...
Time is running short for APWU retirees who are interested in temporary work as:
Annuitant Holiday Clerk Assistant (HCA)
Annuitant Holiday Transportation Assistant (HCA)
Retirees can be rehired as temporary Annuitant Holiday Assistants again this year and work until December 29, 2023.
If you are interested in working temporarily:
Click eCareer Guide with Locations for All Annuitants 2023
Applications are being accepted online through September 4, 2023, at www.usps.com/careers
..."
Article Excerpt: "Makers of the drugs have 30 days to agree to participate. ...As a key provision of the Inflation Reduction Act enacted last year, the government will begin negotiating a fair market price for the widely used drugs, which include Bristol-Myers Squibb’s Eliquis, Johnson & Johnson’s Xarelto and Eli Lilly/Boehringer Ingelheim’s Jardiance, among others. Makers of the drugs have 30 days to agree to participate or face steep excise taxes or choose to withdraw their products from coverage by Medicare. The IRA mandates that up to a certain number of drugs will be added annually to the negotiations. The pharmaceutical industry, which fought the..."
Article Excerpt: "Postal Service employees can participate in an upcoming webinar to learn about Medicare and the Federal Employees Health Benefits (FEHB) Program.
The session, “Medicare and FEHB,” will be held Aug. 31 at 1 p.m. Eastern. ..."
Article Excerpt: "Psalm 90, Verse 10, says: “The days of our years are threescore years and ten; and if by reason of strength they be fourscore years, yet is their strength labour and sorrow; for it is soon cut off, and we fly away.”"
Article Excerpt: "...Understanding average life expectancy can help you have a ballpark concept of what could be in the cards, and that’s huge when it comes to putting together a retirement plan to have enough funds to live comfortably..."
Article Excerpt: "Money obviously plays a role, but how much you have isn’t as important as the quality of your life when it comes to health, relationships and activities. ...You could possess all the wealth in the world, but without the cornerstones of a fulfilling life such as health, income, cognitive ability, thriving relationships and a nurturing environment, its value becomes questionable. What benefit do stacks of hundred-dollar bills offer if they are not instrumental in manifesting a meaningful life?..."
Article Excerpt: "Seniors' cost of living adjustment (COLA) is expected to decrease drastically in the upcoming year, compounded by the high price of goods that contrasts with the falling rate of inflation. The Social Security Administration is expected to announce the 2024 Social Security COLA this October, anticipated by some groups to hit 3 percent and raise the average monthly benefit of about $1,787 by approximately $53. ..."
Article Excerpt: "...consumers are pulling back on spending, saying inflation is taking its toll and that economic uncertainty has them bracing for the worst, according to a new consumer survey conducted by commerce protection leader...When asked about their spending plans in key retail verticals, consumers by significant margins said they would not be spending more in any of them this year, save for one — grocery, which continues to torment consumers with rising prices. The responses indicate that consumers are more pessimistic about the economy and their finances than they were ...Nearly 80% of consumers surveyed said inflation has caused them to cut back on spending this year. Last year the figure was 69%."
Article Excerpt: "...Americans are drowning in credit card debt as stubborn inflation makes the cost of everyday necessities more expensive. The New York Federal Reserve Bank's Quarterly Report on Household Debt and Credit, slated for release on Tuesday morning, is expected to show that credit card debt soared to a historic $1 trillion..."
Article Excerpt: "Once you open a CD, you cannot close it without penalty, so ensuring you get the best rate is essential. Every bank and credit union offers its own rate, with credit unions typically having higher percentages. A longer investment period will also typically offer higher rates. ..."
Article Excerpt: "When it comes to retirement, where you live can greatly affect just how golden your post-career years actually are. A new study from Bankrate ranks all 50 U.S. states when it comes to affordability, overall well-being, healthcare quality/cost, weather and crime. With soaring inflation and a volatile stock market, affordability was given the most statistical weight, with the others decreasing respectively. ..."
Article Excerpt: "...a somber retirement forecast for Generation X workers – those who are now between the ages of 41 and 56. ...savings are concentrated among top earners...after the move away from defined benefit pensions in the private sector, most Gen Xers will not enjoy the secure retirement income that pensions have provided to so many... "