“Never Bet Against America”
Although we’re living in an unprecedented time, it’s not the first time that America has seen a crisis. It’s important to remember that when people talk about recovery, it’s a question of “when” not “if.” America has gone through numerous wars and hardships and always come out stronger. This Memorial Day, many of us won’t…
Read MoreTax Minimization in 2020 and Beyond
As the coronavirus spread, the government stepped in with unprecedented economic interventions, from direct payments to Americans, to relief for businesses. While these measures may be necessary to mitigate the damage done by the virus and the economic shutdown, they’ve also resulted in a ballooning of the national deficit.[1] U.S. government debt could soon rise…
Read MoreThree Types of Exercise to Do At Home
You don’t necessarily have to spend a fortune to create a home gym if your gym is closed. We might think it’s too late to get back into shape by the time we’re retired or pointless to carve out time for physical activity, but this isn’t true. Incorporating more physical activity into your day could…
Read MoreShould You Claim Social Security Early Due to Financial Hardship?
If your financial or employment situation has changed due to coronavirus, you may be rethinking your Social Security claiming strategy. While you can claim Social Security benefits as early as age 62, you will receive a permanently smaller benefit. If you wait to claim past your full retirement age, your benefit will increase by 6…
Read More3 Common Coronavirus Scams to Watch Out For
During a time when many people are searching for information about the coronavirus, scams are proliferating. Fraud related to the stimulus checks, malicious websites and products, and fake charities are popping up more frequently, so you should know what to look for. Here are three common coronavirus scams. Stimulus Check Scams The government has sent…
Read MoreHow The Coronavirus Shutdown Could Affect You in the Long-Term
Recent events have everyone wondering when a sense of normalcy will return. But the answer isn’t as simple as hoping for a date when stay-at-home orders will be lifted. No one knows if there is a long recession to come, or if the economy will bounce back in the near future. Although things may seem…
Read MoreTending to Your Garden
Spring has sprung, and that means it’s time to garden! Of course, not everyone has a garden – gardening can be too time-consuming for people who work full-time or travel frequently. But, one of the things to love about retirement – and quarantining – is having more free time to relax and adopt a hobby.…
Read More4 Measures to Help Businesses Through the Coronavirus Shutdown
The Small Business Administration (SBA) is tasked with distributing $350 billion in loans to help businesses. Small businesses may qualify for the Paycheck Protection Program and Economic Injury Disaster Loans, while other businesses may qualify for breaks, tax deferments, and credits through the CARES Act. Here are details on four measures to help businesses through…
Read MoreTwo Trends Sweeping the Nation During Self-Isolation
Widespread Coronavirus-caused quarantining has led to some interesting pastimes. If you’re spending more time at home these days than unusual, you may know the joy that comes with having a more relaxed schedule. Baking bread and experimenting with coffee has become widely popular recently, as people look to fill their time, try something new, and…
Read MoreA Guide to the CARES Act for Americans Age 50 and Over
President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law to help Americans combat the economic effects of the coronavirus. It includes potential tax breaks, checks for qualifying Americans, and temporary new rules for retirement account withdrawals. Here’s a guide to the CARES Act for Americans 50 and over. Checks for…
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