Article Snip: "...Scientists from University College London (UCL) tracked the exercise habits of 1,400 participants over 30 years. When each person turned 69, the volunteers took a test to assess their memory, attention, language and verbal fluency. ...researchers behind the new study say their results are proof that every little helps, and that it is never too late to start."
Reference: www.dailymail.co.ukSunday, March 5, 2023
Saturday, March 4, 2023
FEHB and Medicare Webinar to be held March 9
Title: FEHB and Medicare Webinar to be held March 9
Article Snip: "...Representatives from GEHA, a not-for-profit provider of health plans for federal employees, will conduct the webinar and explain how Medicare works with FEHB plans, including information on Medicare parts A, B, C and D. Participants must register before the event on the webinar website. After signing up, directions for accessing the webinar will be emailed to each registrant. Following the session, registrants will receive an email with a link to an archived recording, along with the slides shown. Participation is voluntary. Nonexempt employees may only participate off the clock or during authorized breaks...."
Reference: usps.comWhite House’s controversial ‘woke’ ESG consideration will damage retirement plans
Title: Biden's ESG rule will 'hurt America's retirement security,' GOP lawmaker warns
Article Snip: "For decades, those standards have said investment decisions must be guided by the goal of maximizing the return on those investments. However, the rule from Biden’s Labor Department said investment plan fiduciaries can consider companies that prioritize climate change and other social issues as they invest. ...this bill disapproving this Department of Labor regulation that would steer Americans into lower-performance, higher-fee, less-diversified portfolios… because whether you're a Republican or a Democrat, we think most Americans don't want politics to be a factor in allocating their capital and determining whether or not they're going to have a secure retirement," the Kentucky congressman said. Barr further argued that Biden’s threat to veto the bill when it gets to the president’s desk will "hurt America’s retirement security.""
Reference: www.foxbusiness.comThursday, March 2, 2023
The Truth About Men and Women Who Stay Single
Title: The Truth About Men and Women Who Stay Single
Article Snip: ""If you have only stereotypes and scare stories to go by, you know what your life is supposed to be like if you get to your golden years without ever having married. You are going to be utterly miserable and lonely. Reality begs to disagree. More and more people are staying single...The right way to test that is to compare the people who never got married to those who did marry, whether they stayed married or not. Fellow Psychology Today blogger Elyakim Kislev tested that prediction and reported his findings in Happy Singlehood."
Reference: www.psychologytoday.comWhy are many remaining single?
Title: Young men reveal why they’re single: ‘Dates feel more like job interviews’
Article Snip: "They’re single but they’re not mingling. New data from the Pew Research Center has shown that 63% of men under 30 are single – up from 51% in 2019. COVID isolation and women’s high expectations for something serious are the main reasons they’re avoiding going out and coupling up, young guys say. “Dates feel more like job interviews now. Much more like ‘What can you do for me and where is this going?..."
Reference: nypost.comMillions of Americans nearing retirement age with no savings
Title: Millions of Americans nearing retirement age with no savings
Article Snip: "...juggling two jobs, sometimes working up to 11 hours per day, not what she expected to be doing at age 66. "I would hope to be retired, playing the piano again, just enjoying my life," O'Connor said. With no savings or 401(k) — not even enough to cover an emergency — she sold her home and bought a smaller one with two other women. "It's been a matter of life and death," she said of her current financial situation. ..."
Reference: www.cbsnews.comTuesday, February 28, 2023
Lowering inflation to the Fed's target would require a deep recession that more than doubles unemployment, say Cleveland Fed economists
Article Snip: "The economists added that for the Fed's stated 2% inflation target to be achieved, the unemployment rate would have to climb to 7.4% for one year. That's more than double the currency jobless rate of 3.4%. "A deep recession," the economists said, "would be necessary to achieve the SEP's projected inflation path. ..."
Reference: businessinsider.comWhere is your tax money going? Republicans demand oversight of Ukraine funding: Where has the money gone?
Title: Republicans demand oversight of Ukraine funding: Where has the money gone?
Article Snip: "With $113 billion allocated by Congress to help Ukraine in the past year, House Oversight Committee Chair U.S. Rep. James Comer, R-Ky., sent a letter to the Biden administration demanding oversight of how those funds are being spent. “It is critical that government agencies administering these funds ensure they are used for their intended purposes to prevent and reduce the risk of waste, fraud, and abuse,” the letter said."
Reference: justthenews.comMonday, February 27, 2023
Pension vs Savings | How much do i need in savings to draw $2200 per month (which is only $26,400/year)?
Title: How much income can I earn from my savings? | Savings Income Calculator
Article Snip: " You will need $400,000 in savings at 3% interest to withdraw $2,200 monthly for your savings to last 20 years and 3 months. "
Reference: www.bankrate.comMedicaid to Drop 14 Million from Program Under New Rules
Title: Medicaid to Drop 14 Million from Program Under New Rules
Article Snip: "If you get health care coverage through Medicaid, you might be at risk of losing that coverage over the next year. as states begin checking everyone's eligibility for Medicaid for the first time in three years, as many as 14 million people could lose access to that health care coverage. A look at why so many people may no longer qualify for the Medicaid program over the next year and what you need to know if you're one of those people..."
Reference: www.newsmax.comSunday, February 26, 2023
5 insurance changes to make when you retire
Title: 5 insurance changes to make when you retire
Article Snip: "retirement is a good time to look closely at your insurance coverage. ...
● Tell your car insurance agent or company you’re no longer commuting. Driving fewer miles may reduce your car insurance rates.
● Take a defensive driving course. Most states and the District of Columbia require car insurers to give discounted rates to older adults, usually ages 55 and up, who complete these classes. AARP and...
"
Saturday, February 25, 2023
H.R. 866 | Equal COLA Act | Please write or call your congressional rep to cosponser this Act please
H.R. 866 | Equal COLA Act
Snippet of Article: "H.R. 866: To amend title 5, United States Code, to achieve parity between the cost-of-living adjustment with respect to an annuity under the Federal Employees Retirement System and an annuity under the Civil Service Retirement System, and for other purposes. ...Call or write congress on H.R. 866"
Source: www.govtrack.usThursday, February 23, 2023
Ways to Avoid the Penalty on Early Retirement Withdrawals
Title: Ways to Avoid the Penalty on Early Retirement Withdrawals
Article Snip: "...Sometimes you just can’t avoid dipping into a retirement fund, but you might be able to qualify for an exception to the 10% tax penalty. ..."
Reference: www.kiplinger.comWednesday, February 22, 2023
50 Fun Things To Do When Retired And Single
Title: 50 Fun Things To Do When Retired And Single
Article Snip: "Find A Date: You’re single. Why not go on a date? Or try to find your perfect match. If you have an eye on someone, ask them out for a cup of coffee, walk around the block, or go out to dinner. If you would like to date but don’t know where to find someone. You can check out eHarmony. The leading dating site for seniors....Redecorate Your Home...Order Gourmet Meals...Get Into Gardening...Get A Robot Pet...Perform A Random Act Of Kindness...Go Back To School... Relax And Do Nothing...At Cratejoy you can get a monthly subscription to a fun cocktail box. ...Join A Club...Give Yourself A Retirement Gift...Date Yourself..."
Reference: retirementtipsandtricks.comThe 5 Lessons I Learned During My First 5 Years Of Retirement
Title: The 5 Lessons I Learned During My First 5 Years Of Retirement
Article Snip: "...I quickly realized that retirement and work are like vinegar and oil for me: They do not mix. I thought about volunteering but, being honest with myself, I have resisted, knowing I would feel some hesitation and obligation, which is the antithesis of my idea of retirement. ..."
Reference: www.travelawaits.comTuesday, February 21, 2023
‘This is not the retirement I envisioned.’ How retirees are getting hit by inflation
Title: ‘This is not the retirement I envisioned.’ How retirees are getting hit by inflation
Article Snip: "One common refrain was the shock of dealing with the huge jump in food prices – especially on meat, fruits and vegetables. Food prices have seen their largest annual increase in 41 years. And the cost of groceries jumped 10.8% between April 2021 and April 2022. But of course, inflation’s reach goes far beyond the supermarket. Here’s how these retirees say they are coping...her rent will be increased by $200 a month – a 14% jump...Her expectations for retirement were very different than her present reality. “I didn’t expect the level of stress financially. I truly didn’t. I worked for 50 years. ...electricity and natural gas commonly used for heating and cooling homes, was up 30.3% year-over-year. Plans to buy a new car are also tabled. “The starting price for a new Jeep is $15,000 more than my house cost..."
Reference: www.cnn.comThursday, February 16, 2023
Estimated Average Monthly Social Security Benefits Payable in January 2023 | SSA.GOV
Title: Estimated Average Monthly Social Security Benefits Payable in January 2023 | SSA.GOV
Article Snip: "All Retired Workers $1827, Aged Couple, Both Receiving Benefits $2,972, All Disabled Workers $1,483, ..."
Reference: www.ssa.govMonday, February 13, 2023
15 Best Places To Live on Only a Social Security Check
Title: 15 Best Places To Live on Only a Social Security Check
Where are the best non-woke-joke places to retire? Oh, nevermind they own search and media so we can't find any
Article Snip: "Oh, nevermind they own search and media so we can't find any. Although we all know that Florida is the number 1 best place to retire if you are simply a MAN or WOMAN that has worked hard and want to retire in a free state with a governor that protects the constitution and civil rights ."
Reference: Federal Retirement NewsSunday, February 12, 2023
The 33 Best Retirement Blogs On The Planet
Title: The 33 Best Retirement Blogs On The Planet
Article Snip: "...the 33 best retirement blogs on the planet that’s created and run by retirees, for retirees. From financial advice and earning in retirement, to retirement lifestyle, travel, and just pure entertainment..."
Reference: 4retirees.com