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Three Types of Exercise to Do At Home
You don’t necessarily have to spend a fortune to create a home gym if your gym is closed. We might think it’s too late to get back into shape by the time we’re retired or pointless to carve out time for physical activity, but this isn’t true. Incorporating more physical activity into your day could be a good way to [...]
Tax Minimization in 2020 and Beyond
As the coronavirus spread, the government stepped in with unprecedented economic interventions, from direct payments to Americans, to relief for businesses. While these measures may be necessary to mitigate the damage done by the virus and the economic shutdown, they’ve also resulted in a ballooning of the national deficit.[1] U.S. government debt could soon rise to 130% or 140% of gross [...]
3 Common Coronavirus Scams to Watch Out For
During a time when many people are searching for information about the coronavirus, scams are proliferating. Fraud related to the stimulus checks, malicious websites and products, and fake charities are popping up more frequently, so you should know what to look for. Here are three common coronavirus scams. Stimulus Check Scams The government has sent out stimulus checks to millions [...]
3 Tools to Help Survive Hard Times
Since there is so much uncertainty right now, many are making predictions about where the economy is headed, when the virus will subside, and when we will return to “normal.” While no one can be sure, it’s worth considering the future when planning for it. If you’re nearing or entering retirement, a solid plan is even more important. Here are [...]
How To Stay Independent When You Have To Self-Quarantine
Even as life starts to return to normal for some, those 50 and over may be advised to limit contact with others to avoid catching COVID-19. This can be difficult when you or an older parent need something done around the house. Here are three ways to stay independent when you have to self-quarantine. Reduce the Need for Home Maintenance [...]
Should You Claim Social Security Early Due to Financial Hardship?
If your financial or employment situation has changed due to coronavirus, you may be rethinking your Social Security claiming strategy. While you can claim Social Security benefits as early as age 62, you will receive a permanently smaller benefit. If you wait to claim past your full retirement age, your benefit will increase by 6 – 8% per year you [...]
