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5 Easy Ways for Seniors to Save on Auto Insurance

5 Easy Ways for Seniors to Save on Auto Insurance

Whether you’ve been driving for six months or six decades, you need auto insurance—it’s illegal to drive without it. It may be easier to stay with a provider you’ve had for years, but that doesn’t always mean you’re getting the best rate. Here are five ways you can make sure you’re saving as much as...

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5 Strategies to Take if You Want to Retire at 62

5 Strategies to Take if You Want to Retire at 62

Between longer lifespans and the U.S. government extending the age at which people can collect their social security benefits, the average retirement age has jumped to 67. Though you can begin drawing Social Security at age 62 (with certain exceptions), you’ll typically take a penalty. The 1983 amendment bumped the age at which you can...

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How to Survive a Financial Emergency

How to Survive a Financial Emergency

While nobody wants to experience a financial emergency, chances are, we will all be faced with an unexpected cost at some point. Whether it’s unemployment, unexpected medical costs, or necessary repairs to your home or car, a financial crisis is no laughing matter. Here’s how to strategize and cope when you’re hit with unexpected expenses....

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5 Ways to Save For Retirement

5 Ways to Save For Retirement

Even if you’re already into your golden years, there are still ways to save for save for retirement. Here are some ways to max out your contributions so you can have the retirement you want. Take advantage of 401(k) matching If your employer matches part of your 401(k), make sure you contribute enough to qualify...

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What You NEED To Know About Phone Scams

What You NEED To Know About Phone Scams

If you have a cell phone, you may get dozens of robocalls every week. Some robocalls may be helpful reminders for things like appointments or prescription pickups. However, some of them are harmful scams that you shouldn’t answer. Here’s how to tell which calls are scams, and what to do when you receive them. There...

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Don’t Live With These Financial Regrets

Don’t Live With These Financial Regrets

Retirement can be a long, confusing process, especially because it comes with such an important set of financial decisions. Luckily, when it comes to making the right decisions, we can learn from the wisdom of our elders. Here are some of seniors’ biggest financial regrets, and how to avoid them. Getting into too much debt...

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When to Withdraw From Your 401k

When to Withdraw From Your 401k

Retirement is exciting, but with it comes an entirely different lifestyle. It can also be difficult to figure out a new financial situation. A 401k can complicate things even more. not because it’s bad to have, but because it’s a new set of rules to learn. Here’s how to navigate your changing financials. Withdrawing Your...

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Are You Ready to Retire Early?

Are You Ready to Retire Early?

Things you need to take into account before making the big move. If you’re thinking about retiring early, you’re not alone—about a quarter of retirees took an early retirement. While your golden years should be just that, retirement is a big decision. Here are a few things you need to consider before you take your...

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The Social Security Benefit 96% of Americans Miss Out On

The Social Security Benefit 96% of Americans Miss Out On

Social Security is one of the most flexible government programs available, giving seniors the ability to start collecting benefits as young as 62. However, the amount you collect varies with age, and since 62 isn’t considered full retirement age, your benefits can be cut. Waiting until full retirement age (between 65 and 67, depending on...

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3 Reasons People Lose Social Security Benefits

3 Reasons People Lose Social Security Benefits

For most people, Social Security benefits are an important part of their retirement budget. While it’s important to take steps to maximize your benefits, certain things may also cause you to lose your benefits, or to get less than you could be getting. Here are three things that can affect your Social Security benefits without...