A news and educational resource pooling excerpts from various news and information sources from the web for the Federal Retiree.
Article Excerpt: "...By age 30, you should have saved an amount equal to your annual salary for retirement, as both Fidelity and Ally Bank recommend. If your salary is $75,000, you should have $75,000 put away. How do you..."
Article Excerpt: "From a hiring freeze to possibly shrinking retirement and health care benefits, the future holds some uncertainty. However, most of these changes are manageable. ..."
Article Excerpt: "...The fiscal-year-to-date average processing time increased from 79 days to 95 days between September and October, which is the highest it’s been for at least a year, according to newly released numbers from OPM...."
Article Excerpt: "...Consumer prices continued to climb at an alarmingly rapid pace last month, according to data from the Labor Department on Wednesday..."
Article Excerpt: "...While being single was once stigmatized as a lonely or unhappy state, times have changed, and more and more people are staying single and societal norms are becoming more open to all kinds of different ways of living..."
Article Excerpt: "...Being single as opposed to having the support of a spouse puts a person at a financial disadvantage in many ways, TD Ameritrade found in a survey..."
Article Excerpt: "...Time and careful planning are what you need to retire and live happily ever after, but sadly often life gets in the way..."
Article Excerpt: "...These days, more retirees are carrying mortgage debt into retirement. About half of all retirees ages 65 to 69 were mortgage-free in 2015, down from nearly 60% in 2000, according to mortgage giant Fannie Mae. But you’ll need to carefully consider whether carrying a mortgage into retirement..."
Article Excerpt: "...Baby Boomers - all of whom are 75 or younger = have taken this opportunity to enjoy their 60s instead of working through them. People most commonly retire in their 60s now..."
Article Excerpt: "It’s never too early to start planning for retirement! In fact, it’s encouraged to begin planning for the day you retire as early as possible. The sooner you begin planning..."
Article Excerpt: "...As of May 2021, the average check is $1,430.73, according to the Social Security Administration – but that amount can differ drastically depending on the type of recipient. In fact, retirees typically make more than the overall average...."
Article Excerpt: "...The median annual pension benefit ranges between $9,262 for private pensions to $22,172 for a state or local pension, and $30,061 for a federal government pension and $24,592 for a railroad pension. ..."
Article Excerpt: "...The Alabama Property Tax Exemptions for Seniors. The Alabama citizens who are over 65 years of age, disabled, or legally blind are exempt from the state portion of property tax. County taxes may still be due. You can reach out to your local taxing official to claim your homestead exemption .."
MORE READING: Madison County Alabama makes it easy to search your current and past Madison County Property Appraisal and Tax Payments