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Try It NOWCategory: Social Security
Dec. 21, 2024 — In what will probably be one of the last acts of the current Congress, the Senate overwhelmingly passed a bipartisan measure that will provide full Social Security benefits to public sector workers. Approximately 2.8 million public pension recipients will now receive benefits at the same rate…
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Category: Social Security
December 18, 2024 — The subject of when to take Social Security is one of the most hotly debated retirement topics. Although the system was designed for both decisions to be equal, there are plenty of proponents for each approach. Case Study – High Earners Let’s explore the following case.
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Category: Social Security
December 12, 2024 — The results are in from last week’s instant poll, and they have a practical bent. The question to be voted on was, “What do you think will happen when the Social Security Trust Fund Runs Out of Money in 2033?”. We received over 150 votes, which…
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Category: Best Retirement Towns and States
December 12, 2024 — What is the best town to retire to? That is the most frequent question we receive at Topretirements. Of course, our standard answer is that it is a very personal question—it depends on what you are looking for. Do you want to live in the mountains,…
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Category: Social Security
November 31, 2024 — We would love to get your vote on what will happen on this issue. The Social Security Retirement Trust Funds are expected to run out in 2033. When that happens it is estimated that only about 79% of benefits can be paid. Congress has been dithering…
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Category: Work and Volunteering
This article is courtesy of my brother-in-law Doug. He has some great points to share about his adventures as a voluntee. November 28, 2024 – I retired from the Marine Corps in 2005, and then fully retired from Defense industry related jobs in 2020, after a 43 year career. I…
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Category: Financial and taxes in retirement
November 19, 2024 — A number of people are in the fortunate position of having multiple accounts tohat could fund their retirements. They might have IRAs, 401(k)s, 403(b)s, Roths, and/or non-retirement savings and investments. But which one(s) should they tap first when they need money for retirement. Note: We are…
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Category: Social Security
Update late December, 2024. This bill was passed by both houses of Congress and signed into law in early Jan. by President Joe Biden. See “Congress Passes End to WEP“. Bipartisan legislation that would repeal two provisions of Social Security easily passed in the House of Representatives. Current SS…
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Category: International Retirement
November 13, 2024 — Perhaps the adventure—or maybe the lower cost of living—has made you dream of retiring abroad. Or, maybe the contentious nature of American politics has you considering a change of country. Regardless of your reasons, there are many appealing options for dual citizenship or permanent residency. This…
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Category: Travel
November 6, 2024 — Here’s a situation you’ve probably found yourself in more than once. You’ve just spent a lot of money on a dream trip, and along the way, the company urges you to buy travel insurance. You think: If I get sick, miss my plane, or face some…
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