Here are 3 crucial things you must let go of in retirement. Most folks can't do it — but can you?

Title: Here are 3 crucial things you must let go of in retirement. Most folks can't do it — but can you?

Article Snip: "If you really believe that he or she who dies with the most toys wins, then maybe you haven’t thought much about whether that comes with an eternal storage locker. The fact is that excess stuff will only weigh you down, especially if you want to travel or spend more time tending to your relationships (more on that in a bit). Retirement marks an ideal time to take inventory. Just how many trinkets have you accumulated?..."

Reference: www.msn.com

Americans with poor longevity literacy at greater risk of outliving retirement savings: Survey

Title: Americans with poor longevity literacy at greater risk of outliving retirement savings: Survey

Article Snip: "...Many Americans lack a basic understanding of how long they tend to live in retirement and may be at risk of outliving their savings, a recent survey said. Sixty-three percent of American adults are working with inaccurate longevity measures ...Understanding life expectancy is just one piece of successful retirement planning; the other is building financial security..."

Reference: www.foxbusiness.com
Longevity,

Millions of Americans nearing retirement age with no savings

Title: Millions of Americans nearing retirement age with no savings

Article Snip: "...Millions of Americans nearing their golden years are still financially unprepared for retirement. According to U.S. Census Bureau data, 50% of women and 47% of men between the ages of 55 and 66 have no retirement savings. ...For her and others without a nest egg, experts said it is not too late to make a plan. According to the AARP, that includes"

Reference: www.cbsnews.com
Savings

There’s No Turning Back From Some Retirement Choices | Certain benefits decisions are irrevocable

Title: There’s No Turning Back From Some Retirement Choices | Certain benefits decisions are irrevocable

Article Snip: "...deciding whether and when to retire isn’t the only big choice. Once you’ve concluded it’s time to take the plunge, there are other decisions to make. And some are irrevocable. Let’s look at what you can change and what you can’t turn back from. ..."

Reference: www.govexec.com
Tips and Actions in Retirement and Pre-retirement,

Regular exercise improves memory in old age even if taken up in 50s and 60s, research shows - as trials into whether keeping fit can delay dementia

Title: Regular exercise improves memory in old age even if taken up in 50s and 60s, research shows - as trials into whether keeping fit can delay dementia

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.uk

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.com
FEHB and Medicare Webinar

White 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.com
ESG vs TSP, ESG limits investment profits, TSP,

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.com
Retired And Single,Single life,Senior singles,

Why 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.com
Cut to the chase, Selfishness and dating, What can you do for me?, Preference to being single, Single life,

Millions 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.com

Lowering inflation to the Fed's target would require a deep recession that more than doubles unemployment, say Cleveland Fed economists

Title: 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.com
Inflation, Biden Economy 2023, Unemployment Under Biden, Failed Economic Policies (2023), Recession 2023, Fed's stated 2% inflation target,

Where 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.com
Ukraine funding, Where's the Money, Where is your tax money going?,

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.com
Pension vs Savings, Savings Income Calculator,

Medicaid 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.com
Medicaid,

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...
"

Reference: www.usatoday.com
Defensive Driving Course, Discounts on Auto Insurance, Insurance,

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.us

H.R. 866

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.com
Early Retirement Withdrawals

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.com
Retired And Single, leading dating site for seniors,seniors dating service,mature dating,

The 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.com
Retirement Tips,

‘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.com
Inflation 2023, Retirees vs Inflation,Destruction of Retirees,