Twenty-eight percent of Americans have less than $1,000 saved up for retirement, while 57 percent have less than $25,000, according to the Employee Benefit Research Institute’s 2015 Retirement Confidence Survey. Only 24 percent have more than $100,000 saved, which is a sobering figure in light of Bureau of Labor Statistics data indicating that the average…

A few weeks ago we posted about the best theme parks for seniors to visit in Orlando. In response, one reader asked us for tips on saving money to pay for the trip. Glad you asked! Here are some easy strategies for putting away dollars to save for vacations … or for any costly goals…

Being a senior comes with some well-deserved perks. In addition to the wisdom and laugh lines we’ve earned through the years, we also get incentives from many companies looking to earn our disposable income. Some can seem more like marketing ploys, but some are genuinely good deals for those of us on a limited income.…

According to the IRS, tax fraud can be committed in a several different ways – including using your Social Security number in order to file a tax return with the purpose of getting a fraudulent refund. Another common fraud tactic occurs when your tax return preparer can claim expenses that you are not entitled to…

Thirteen percent of Americans over age 65 are still working or looking for work, according to a 2013 survey conducted by the Associated Press-NORC Center for Public Affairs Research. Some seniors keep working late into their 60s to maximize Social Security payments, while others do so out of necessity. Regardless of which group you’re in,…

Plan for Retirement

We’ve wrapped up another year, and for many of us, January kicks off with full hearts and empty wallets. As we sit and ponder our spending habits, ask yourself: What gift did you give yourself this year? Consider giving yourself a worry-free retirement by focusing on how you can start and grow your savings today.…