At Least 19% of State Pension Funds Could Run Dry Within 15 Years
At least 19% of state pension funds face the genuine risk of insolvency within the next 15 years, according to recent analyses of state retirement system...
Category Strategies
$512 Monthly Average Prescription Drug Cost for Retirees Before Medicare Part D Kicks In
The cost of prescription medications represents one of the most significant and often-overlooked expenses facing newly retired Americans.
The Social Security Trust Fund Timeline Explained in One Statistic That Will Shock You
The shocking statistic is this: in 2032—just six years away—every retiree relying on Social Security will face a mandatory 24% benefit cut unless Congress...
Public Sector Pension Solvency: What Most Americans Don’t Know Could Cost Them Thousands
Most Americans have no idea that public sector pension plans across the country are carrying $1.
Warning: 73 Is the New Required Minimum Distribution Age and Many Advisors Are Getting It Wrong
Yes, 73 is the new required minimum distribution age, and it's remarkable how many advisors—even some at major financial institutions—are getting the...
New Study Found Side Hustles Add $14,200 Per Year to the Average Retiree’s Income
A recent circulation of claims suggests side hustles add $14,200 annually to retirees' incomes—a figure that warrants closer examination.
He Downsized From a $380,000 Home and Freed Up $1,100 Per Month
By downsizing from a $380,000 home to a smaller property, one homeowner freed up $1,100 per month—money that now flows into retirement savings and monthly...
Fact Check: Does the $2,000 Out-of-Pocket Medicare Drug Cap Apply to Everyone? Not Exactly
No, the $2,000 out-of-pocket Medicare drug cap does not apply uniformly to everyone on Medicare.
The PBGC Insurance Crisis Explained in One Statistic That Will Shock You
The Pension Benefit Guaranty Corporation is not in crisis—in fact, it just reported its fifth consecutive year of positive financial position, with $62.
CD Rates for Retirees vs Inflation: What Most Americans Don’t Know Could Cost Them Thousands
Most retirees believe that placing their money in certificates of deposit is a safe, guaranteed path to steady income.