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As part of your taxes, you pay into social security, which is the primary source of income for most elderly citizens. You can start collecting social security at 62, but with a reduced income. Despite the reduced pay, about one-third of US citizens collect social security early. Here are a few reasons why you may […]

There have been enough well publicized cases of long term gold dealers being sold fake bars recently to cause the average investor some real concern. Just recently the Canadian Broadcast Corporation (CBC) reported that a well established gold dealer in Ottawa purchased a gold bar from a local branch of the Royal Bank Of Canada […]

As a Twitter commentator, reality TV star and Republican candidate, Donald Trump railed against Obama-era budget deficits. But instead of tightening the belt, President Trump blew all that away in March when he signed an omnibus spending deal that saw huge increases in spending without corresponding cuts. Six years ago, Trump was harsh on Obama […]

The US Geological Survey (USGS) has publicly stated that the world’s silver supply will be depleted by 2025. This will make silver the first widely used industrial commodity to have its in-ground supply exhausted. The world’s top metals research team reports annual shortfall for silver Thomas Reuters GFMS has reported a shortfall in global silver […]

These three problems in 401K funds may put your retirement goals out of reach More than 52 million Americans participate in a 401K plan with about 515,000 plans across the country. Those plans hold $4.4 trillion and represent nearly a fifth (18%) of the $24 trillion in U.S. retirement assets. 401K funds are truly the […]

Understand the eligibility requirements and benefits of a 403(b) plan compared to traditional employer-sponsored plans to benefit from this special type of savings vehicle. The catalog of numbers, IRS designations and names for retirement investment plans can border on befuddling. Unless you enjoy reading through mountains of pages from the Internal Revenue Code, you could […]

Hidden 401K costs could be costing your hundreds of thousands in retirement, know how to look for hidden expenses A recent AARP study found that 80% of plan participants didn’t know how much they were paying in 401K costs. That’s not entirely surprising considering the myriad of ways 401K administrators and advisors try to cover […]

Take advantage of an in-service 401K rollover for the benefits of an IRA while still keeping your job One of most common questions I get from retirement savers is how to do a 401K rollover while still working for an employer. We have talked about the power of a 401K rollover and the overwhelming benefits […]

Healthcare spending and medical costs are out of control and could mean you’re not saving enough for retirement On Tuesday, the Office of the Actuary in the Health & Human Services Department published a report into future U.S. healthcare spending, confirming that it will be growing faster than economic growth. This is due to a […]

Reverse mortgages can be a tool to retire in your home but make sure you understand these six facts Reverse mortgages have been a hot subject since 2008, the first year the Baby Boomer generation became eligible to retire, and will be so for years to come. The reverse mortgage industry is bringing billions in […]