Federal employees thinking about retiring before 2020 need to get planning. Now. My clients frequently ask about preparing for their retirement. I’m all about planning. Getting prepared for what might be ahead is a wise way to go. As Benjamin Franklin told us, “If you fail to plan, you are planning to fail!” Federal employees are being advised to plan for their retirement … [Read more...] about Planning for Retirement: Federal Employees
If you are thinking about where you want to live in retirement or how to make your community more friendly to an aging population, the AARP has created an online tool for you. The goal of the AARP Livability Index is to identify the most livable places. It is based on interviews with 4,500 Americas who are at least age 50 and data was collected from Census information, … [Read more...] about How Livable is Your Community to Those 50+?
For three in four single retirees more than half of their income comes from Social Security. A divorced retiree who was married for at least a decade is entitled to spousal Social Security benefits, the same as if they were still married. The benefits are available even if the ex-spouse remarries. That eligibility ends when the divorced retiree remarries. The benefits are no … [Read more...] about Retired and Considering Remarrying? Consider how Social Security benefits will change
Clients frequently ask me this question. My response is generally that my licenses are to practice law in Virginia, Maryland, and the District of Columbia, not give financial advice. I encourage them to seek professional guidance as they work through developing an answer to their question. What about those online calculators? Search for “retirement calculator” and Google … [Read more...] about Do I Have Enough to Retire?
For senior citizens, their loved ones, and caregivers, many, many questions can arise. Finding answers can seem overwhelming and very time consuming. In Virginia, there is an information rich 112-page book that covers all aspects of senior living. For more than three decades the Virginia State Bar has published the Senior Citizens Handbook: Laws & Programs Affecting Senior … [Read more...] about Senior Citizens Handbook: Answers, Information, & Resources in Virginia