He Moved to Chattanooga at 66 and Dropped His Monthly Housing Costs by $1,650
When a 66-year-old relocates from an expensive housing market to Chattanooga, Tennessee, cutting housing costs by $1,650 per month translates to $19,800...
Category Strategies
Fact Check: Will the PBGC Actually Pay Your Full Pension If Your Company Goes Bankrupt? Probably Not
No, the PBGC will not pay your full pension if your company goes bankrupt. This is the fundamental truth that millions of American workers misunderstand...
$1.9 Trillion Total Underfunding Gap Across All U.S. Public Pension Systems Right Now
The United States public pension system faces a documented shortfall of approximately $1.32 to $1.
Corporate Defined-Benefit Pension Rights: What Most Americans Don’t Know Could Cost Them Thousands
Most Americans believe their corporate pension is protected by the federal government, but the reality is far more complicated.
New Study Found Retirees Who Move to Lower-Cost States Preserve 11% More Wealth Over 20 Years
While a specific study claiming retirees preserve exactly 11% more wealth by moving to lower-cost states could not be verified in current research, the...
At Least 68% of Americans Do Not Have a Health Savings Account Despite Tax Advantages
At least 68% of Americans do not have a Health Savings Account, even though HSAs offer a triple tax advantage that no other savings vehicle in the U.S.
She Discovered Her Former Employer’s Frozen Pension Was Worth $214,000 More Than Reported
Pension valuations are not always straightforward. A worker reviewing her frozen pension statement discovered it was valued at a significantly lower...
Fact Check: Is Age 75 Actually the Deadline for Certain Medicare Supplement Elections? Yes
Yes, age 75 is a critical deadline for Medicare Supplement elections in certain states, and if you miss it, you lose significant protections that could...
At Least 60% of Target-Date Fund Investors Don’t Know What Expense Ratio They’re Paying
Target-date funds promise convenience by automatically adjusting your investment mix as you approach retirement.
$83,760 Annual PBGC Cap Leaves Some Retirees $40,000 Short of Their Promised Pension
When a company's pension plan fails, the Pension Benefit Guaranty Corporation (PBGC) steps in as the insurer of last resort.