Retirement Field Guide

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The Retirement Field Guide

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The Best “Annuity” You Can Buy in Your 60s

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Most retirees are all about getting the most “bang for their buck” in every facet of life. We all are. It would be hard to get more bang for your buck than by delaying Social Security by even just one year. Before you click away from another delay Social Security piece, hang with me as I’d be surprised if you have thought about it in quite this way before. That… Read More

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The Challenges Facing Retirees Today

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Believe it or not, retirement is still a relatively new concept, by historical standards at least. People have only really been “retiring” for about 150 years - back to the time of Chancellor Otto Van Bismarck. In 1883, Chancellor Otto Von Bismarck of Germany had a problem. Marxists were threatening to take control of Europe. To help his countrymen resist their blandishments, Bismarck announced that he would pay a pension… Read More

Social Security Financial Outlook - 2019 Edition

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One of my favorite sources of information on retirement is the Center for Retirement Research at Boston College. Last week, they released their Social Security Financial Outlook summary report of the 2019 Trustees Report. I’ve taken the liberty of extracting what I view to be the primary points of their article to share with you - a summary of a summary if you will. Here’s what I thought you might… Read More

Should You Wait Until 70 for Social Security?

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There are a lot of misconceptions about when to file for Social Security benefits.  Should you file as soon as possible, at 66 or wait until 70?  The truth is your answer is and should be unique to you.  What your neighbors or even your other family members are doing probably should not be considered in your decision.  My goal in this article isn’t to convince you to wait, but… Read More