Important Birthdays Over 50


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My family has a lot of summer birthdays. My wife and I, both our kids, my dad, two of our siblings, a few aunts and uncles and several cousins all have birthdays within a few weeks of each other.

When my kids were little, they thought everyone had a summer birthday.

This summer my oldest will reach the first of many milestone birthdays: 16! And you know what that means: Vroom, Vroom and Cha Ching!

When you are older, milestone birthdays continue to roll on and eventually even “and-a-half” birthdays start to make a comeback.

In fact, starting at age 50, several birthdays and “half-birthdays” are critical to understand because they have implications regarding your retirement income.

Take the 30-Day Brain Health Challenge


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Over 5.7 million American’s live with Alzheimer’s or related dementia. Two thirds of them are women.

Although there is no known cure for the disease or specific, medical treatment for the prevention of Alzheimer’s, there may be steps you can take now to make brain health a priority.

Start by taking the 30-Day Brain Health Challenge sponsored by BeBrainPowerful.org.

Only 2 Days Left For Seniors To Make A Major Healthcare Decision

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If you are a Minnesotan age 65 or older and have what is known as a Medicare Cost Plan, you may experience changes to your insurance that will go into effect in 2019.

The State of MN estimates that up to 200,000 Minnesotans will be required to take action during the current enrollment period to obtain replacement coverage for 2019. Another 125,000 or so may be “auto-enrolled” into new Medicare Advantage Plans with their current insurer.

7 Strategies To Get More Retirement Income From Social Security

5th and final post in a series

The adage “It’s not what you make, but what you keep” applies to your Social Security benefits in retirement as much as to your paycheck when you were working. How much of your Social Security benefit you actually put in your pocket depends on your income, when you start taking benefits and other factors.

The best way for many people to put more Social Security money in their pocket may be to delay benefits up to age 70. However, that may not be possible or even the best choice for everyone.

If that describes you, consider these 7 strategies to get more retirement income from Social Security.

How Much Of Your Social Security Benefit Is Taxable?

4th in a series

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For the past 40 years or more you have paid into the Social Security system with the promise that someday when you retire, you will receive a guaranteed monthly income for the rest of your life. Along the way, your employer has kicked in a matching contribution equal to 100% of your contribution.

At the end of your working life there should be a giant pile of cash with your name on it. And there is (figuratively speaking anyway). But it comes with a giant string attached.

In this case, the catch is that up to 85% of your monthly benefit is considered taxable income once it’s paid out to you. What’s more, depending on the state you live in, you may owe state income tax on those benefits as well. (Bad news fellow Minnesotans. We live in one of those states).

The following post will explain how much of your benefit is taxable and what, if anything, you can do about it.