He Worked Part-Time at 68 and His Social Security Benefit Was Temporarily Reduced by $4,800
Part-time work at 68 can slash Social Security benefits by thousands—here's how the earnings test works and what it means for your money.
Warning: Medicare Covers Only 80% of Mental Health Services, Leaving Seniors With Thousands in Bills
Medicare covers only 80 percent of mental health services, leaving seniors responsible for the remaining 20 percent coinsurance—and that gap can easily...
Fact Check: Is the Military Survivor Benefit Plan Worth the Cost? Here’s the Math
Military Survivor Benefit Plan premiums stop at age 70, but your beneficiary's payments continue for life—here's whether that trade-off pays off.
New Study Found Depression Rates Among Retirees Have Increased 34% Since 2020
While a widely circulated headline claims that depression rates among retirees have increased 34% since 2020, this specific statistic could not be...
At Least 23% of Seniors Report Skipping Therapy Due to Out-of-Pocket Costs
While the specific claim that 23% of seniors skip therapy due to out-of-pocket costs cannot be verified through current research, the underlying problem...
$4,200 Average Annual Cost of Mental Health Treatment for Retired Americans
The claim that mental health treatment costs retired Americans $4,200 annually on average doesn't match what current data shows.
Warning: Some Major Brokerages Now Require $25,000 Minimums to Avoid Monthly IRA Fees
The claim that "major brokerages now require $25,000 minimums to avoid monthly IRA fees" requires clarification.
New Study Found Retirees With Rental Income Are 67% Less Likely to Run Out of Money
A claim circulating in retirement planning circles suggests that retirees with rental income are 67% less likely to run out of money—a striking statistic...
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...
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...