Scammers may disguise or “spoof” an email address to make it look like it has been sent from someone you may know. You may receive a spoof email that looks like it is coming from a friend or family member who needs money to deal with an emergency.
The two extremes seem to be, take Social Security as early as possible (Usually 62) as you might die or there won’t be any money left in the system for you, or wait until you are 70 (The longest one can wait) so you maximize your benefit,
Even though you can count on climate change to make northern winters a little less cold and snowy, is moving to a Sun Belt state the best move for everyone in retirement? What’s not to like: warm winters, no snow and ice (mostly), and a new adventure. Hold on before you literally jump into that warm pool in a southern state!
Do you rent your home or apartment, or have family members who rent? If so, do you/they have a renters insurance policy in place? Many renters don’t think about a renters policy, but it is important. While you don’t own the property where you live, you own the property inside. If there was a fire or flood - or if your home were burgled - a renter's insurance policy can help cover the costs of replacing clothes, computers, and other valuables. The value of liability coverage cannot be underestimated. If a visitor or repair person injures themselves, you could face a personal lawsuit. A policy can also reimburse you for living expenses if your rental property becomes uninhabitable.
Depending on at what age you actually retire, can dictate where it might be best to withdraw funds needed throughout retirement. Let’s look at some rules.
Have you just completed your taxes and discovered that you owe way more than you expected? Don't panic. There are several ways to bring that hefty tax bill down.