INFORMED SENIORS

Social Security Retirement Benefits

Hi Folks,

I have an excellent article for you today that answers questions many of you have regarding Social Security benefits.

Enjoy,
Woody

Understanding Social Security Retirement Benefits

By Thomas Corley Read more…

Are You Ready For Retirement?

Jobs for Seniors

Hi Folks,

One of the top searches that bring people to this blog is “Can I retire on Social Security alone”.

Sadly the answer to this questions, probably not!

There are folks that live only on their Social Security payment but for the most part these folks have been practicing v-e-r-y frugal life styles for years before they retire and therefore don’t have to adjust their standard of living much. But for the rest of us living only on our Social Security check is next to impossible. Sorry guys, but that is my opinion (I would love to hear your opinion so please write me)  Read more…

Reverse Mortgages For Seniors

Hi Folks,

Nick Clark has an insightful little article for us today about reverse mortgages. Let’s all read it and learn a bit.

Woody  Read more…

SENIOR DEBT

Avoiding The Stress Of Coping With Debt As A Senior

Hi Folks,

We live in a consumer society where the mentality is that if we cannot afford something then we should use the credit that we have been offered by various loans companies to buy now and pay later. This is all well and good if you can afford to pay later, but a high number of people cannot afford that luxury and get further and further into debt as a result. Being in debt can be a humiliating and frustrating experience because, once you are in it, it proves to be near on impossible to get out of it. Credit companies thrive on this because it is how they make their profits. However, seniors suffer more than most as a result of it because most seniors do not have the means to pay back debts as readily as younger people do. They cannot go out and earn more money in order to pay back loans and credit cards. It is just not that simple for them. However, there are solutions to this pressing problem.

Debt is not an individual problem; it is an issue for a high percentage of society. While this is not a comforting thought and doesn’t help an individual senior’s plight, it has resulted in the introduction of various services that will offer solutions to the problem of debt in general. If you cannot pay loans back, then counselling and debt services can be called upon to offer you free advice and act as a liaison between you and the debt companies. This should only be a last resort because it can affect your credit rating. However, if you are having problems with debt then you are unlikely to want to get into that situation in a hurry again! However, this is where the “just in case” theory comes in. You never know what will happen to you in the future and thus it is best to leave your options open if at all possible.

Read more…

Retirement Gift Ideas

Hi Folks,

I have a terrible time coming up with gifts ideas. No matter what the occasion, when it comes time to buy a gift my mind goes blank and panic sets in.

I am of the opinion that all gift giving should be outlawed! But as there isn’t much of a chance that will happen I am always on the alert for good gift ideas. 

Read more…

Changes Retirement Has on a Budget

Hi Folks,

John Steely, today’s contributing author, doesn’t have a big surprise in store for many of us retirees but his article will confirm our suspicions that it doesn’t cost less to live in retirement.

And it will confirm our need to learn to better manage our money.

Read more…

What every senior should know about identity theft

Hi Folks,

The following is one of the best articles I have read about senior identity theft. It’s the sort of information you should pass along to your email list of seniors and ask them to pass it along to their email list.

You could be helping someone avert having their identity stolen.

Read more…

Home and Auto Insurance Tips for Seniors

Hi Folks,

Examining your home, health, life and auto insurance coverage periodically is a very good idea. Many of us have not read our policies or discussed our coverage with our insurance agents in years.

Today would be a good day to check them over.

Read more…

Retirement Advice

Hi Folks,

I hope today’s article isn’t a ”let down” for some of you. I’m sure Clement Castillo did not intended his article to be discouraging but rather to serve as a warning to both pre-retirement folks as well as to those who have already retired.

The retirement highway is not to be taken for granted, it is full of potholes and littered with all sorts of surprises. Be aware. 

Read more…