Thursday, October 28, 2021

To some industry ears, ‘best interest’ may sound like fightin’ words

To some industry ears, ‘best interest’ may sound like fightin’ words

To some industry ears, ‘best interest’ may sound like fightin’ words

We’re still waiting for the first major Reg BI penalty to hit. When it does, it could spark controversy.

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What to consider when choosing your 2022 Medicare plan

Medicare dot gov logo

Compare Medicare health and drug plans

Just as your health care needs can change from year to year, so do Medicare plans. And not all plans offer the same benefits. Open Enrollment is your chance to review your Medicare coverage options, and find the best fit for you.

Compare Plans

Here are some things to consider when shopping for Medicare coverage:

  • Check if your doctors are still in-network.
  • Make sure your prescriptions are on the plan's list of covered drugs, or "formulary."
  • Consider the plan's deductible and other out-of-pocket costs that factor into a plan's total costs.
  • Some plans offer extra benefits, like vision, hearing, or dental coverage, that could help meet your needs in 2022.

Visit Medicare.gov through December 7 to compare plans and make any changes. If you decide to enroll in a new plan, your new coverage will start January 1.

Sincerely,

The Medicare Team


USA Department of Health and Human ServicesThis message is paid for by the U.S. Department of Health and Human Services. 


Our New Customer Feedback Survey Helps Us Serve You Better

 

Our New Customer Feedback Survey Helps Us Serve You Better

10/28/2021 03:00 PM EDT

 

We recently launched our new Customer Feedback Survey. We encourage you to tell us how we’re doing by completing a brief survey on our Customer Feedback page. Your feedback is anonymous, doesn’t collect your personal information, and you can use it to rate your experience online, on the phone, and in your local Social Security […]

 

Social Security Matters


Ex-NY Gov. Cuomo Criminally Charged With Groping

Ex-NY Gov. Cuomo Criminally Charged With Groping

The Albany County Sheriff's Office on Thursday charged former New York Governor Andrew Cuomo with forcible touching, following his resignation prompted by the attorney general's conclusion that he sexually harassed 11 women.

Biden Lays Out Revamped Tax, Spending Plan With New Taxes on Millionaires

Biden Lays Out Revamped Tax, Spending Plan With New Taxes on Millionaires

By Josh Wingrove and Erik Wasson

The $1.75 trillion package includes additional tax on incomes above $10 million.

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Wednesday, October 27, 2021

How to Figure Out What You’ll Need to Comfortably Retire

If you want to retire happy, the first step is figuring out how much money you'll need.

Stacy Johnson • January 8, 2021 • Advertising Disclosure

Whether you plan to spend your retirement sitting on the front porch or traveling the world, one thing’s for sure: You’re going to need money. In fact, you’re going to need enough savings and/or income to keep you alive and well potentially for decades.

But exactly how much is that?

There’s no one answer to this most critical of questions, because how much you’ll need depends on various factors, from where you live to how you live. But while there’s no definite answer, there are ways to home in on the number you should shoot for based on your personal situation.

In this week’s “Money!” podcast, we’re going to give you some tools to help you find your number.

As usual, my co-host will be financial journalist Miranda Marquit. And joining us this week is special guest Len Penzo of LenPenzo.com. Len’s an engineer who’s mastered the math. Proof? He’s about to retire at age 57.

Sit back, relax and listen to this week’s “Money!” podcast:

·        Listen on Apple Podcasts

·        Listen on Google Podcasts

·        Listen on Spotify

Not familiar with podcasts?

A podcast is basically a radio show you can listen to anytime, either by downloading it to your smartphone or other device, or by listening online.

They’re totally free. They can be any length (ours are typically about a half-hour), feature any number of people and cover any topic you can possibly think of. You can listen at home, in the car, while jogging or, if you’re like me, when riding your bike.

You can listen to our latest podcasts here or download them to your phone from any number of places, including AppleSpotifyRadioPublicStitcher and RSS.

If you haven’t listened to a podcast yet, give it a try, then subscribe to ours. You’ll be glad you did!

Show notes

Want more information? Check out these resources:

·        LenPenzo.com (Len’s website)

·        Ask Stacy: Are Online Retirement Calculators Reliable?

·        The 10 Golden Rules of Retiring Rich

·        5 Simple Steps to an Awesome Retirement

·        Money Talks News’ newsletter

·        The Only Retirement Guide You’ll Ever Need (Money Talks News course)

About me

I founded Money Talks News in 1991. I’m a CPA, and I have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

https://www.moneytalksnews.com/how-to-figure-out-what-youll-need-to-comfortably-retire/

These Are Retirees' 5 Biggest Financial Fears in 2021

These Are Retirees' 5 Biggest Financial Fears in 2021

All of these money worries put most older Americans on edge, but their biggest worry has changed since last year.


7 Great Tools to Help You Get Out of Debt

7 Great Tools to Help You Get Out of Debt

These free and cheap apps and sites can help you pay down debt and achieve financial freedom.


Why Are Dying Seniors Changing Their Medicare Coverage?

Why Are Dying Seniors Changing Their Medicare Coverage?

A government report reveals a troubling pattern among Medicare enrollees in their last year of life.


Special Coverage: COVID-19 Coronavirus

Special Coverage: COVID-19 Coronavirus

The latest news and analysis on the coronavirus pandemic. You can find a complete list of recent releases on KFF.org and KHN.org.