Some specifics about the “second act.”  Provided by Marc Aarons at Money Managers, INC.      Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you.   Up to 85% of a retiree’s Social Security income can be taxed. Some retirees are […]

Future financial needs may be underestimated.  Provided by Marc Aarons at Marc@OcMoneyManager.com     If you were born during 1965-80, you belong to “Generation X.” Ten or twenty years ago, you may have thought of retirement as an event in the lives of your parents or grandparents; within the next 10-15 years, you will probably be […]

A few things you may want to think about before filing for benefits. Provided by Marc Aarons @ Money Managers, Inc.  Whether you want to leave work at 62, 67, or 70, claiming the retirement benefits you are entitled to by federal law is no casual decision. You will want to consider a few key […]

Tax Efficiency in Retirement How much attention do you pay to this factor? Provided by Marc Aarons @ Money Managers, Inc.  Will you pay higher taxes in retirement? Do you have a lot of money in a 401(k) or a traditional IRA? If so, you may receive significant retirement income. Those income distributions, however, will […]

This is the time to arrange lifelong health coverage. Provided by Marc Aarons @ Money Managers, Inc.   Age 64 is the age when you are reminded that you are a baby boomer growing older. Regardless of how young or old you feel at 64, you should make sure to sign up for Medicare. The […]

Provided by Marc Aarons @ Money Managers Inc.  If you want to claim Social Security benefits soon, keep a date & a number in mind. The date is April 30, 2016. The number is 62. Recent changes to the Social Security benefit rules have made that date and that number very important, especially for those […]