Tag Archives: seniors

· August 6, 2025

There’s a New Tax Break If You’re 65+

The sweeping new federal tax law that went into effect in early July provides a potential tax break for anyone at least 65 years old.

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Medicare, Retirement, Social Security · October 14, 2019

Retirees: Make the Most of the Small 2020 Social Security Increase

In late October we will get the official announcement on the size of the inflation adjustment that will be made to Social Security retirement benefits in 2020.

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Medicare, Retirement · August 29, 2019

Make Sure Your Loved Ones on Medicare Aren’t Making this Mistake

Once you turn 65 you are eligible for Medicare health insurance. As great as this program is, Medicare does not cover everything. One of its shortcomings is that dental coverage is not part of standard coverage, nor is it included…

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Portfolio Management, Retirement · December 19, 2018

The Upside of Downsizing Today (Not Later)

For those of you nearing retirement, deciding where to live is a big consideration. Most of you intend to stay right where you are. I get it. The home you are in today is full of memories...

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Retirement, Saving · April 12, 2017

How Seniors Can Take the Bite Out of Dental Costs.

I hope anyone nearing age 65 realizes that Medicare does not cover routine dental procedures. As recently reported in a terrific retirement blog, seniors pay more than $1,100 a year for dental work. But what is most troubling to me…

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Credit Cards, Medicare, Retirement, Saving · November 9, 2016

How Seniors Can Save Money In 2017

Well, as you have probably heard, the annual inflation adjustment Social Security recipients will get in 2017 will be 0.3%. That’s about $4 a month for the average retiree.

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Retirement, Saving · May 11, 2016

That $30,000 Wedding Really Costs You $130,000 Or More.

The average cost of a wedding is now more than $30,000. As I have explained in How to Budget for a Wedding, spending even $3,000 on a wedding is a bad move if you have credit card debt, have yet…

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Debt, Medicare, Retirement, Saving · December 2, 2015

The Danger of Getting a Pay Increase

As year-end approaches, I know that’s when plenty of you will be sitting down with your manager for a year-end review. I sure hope there’s a pay raise involved. Given how stingy raises have been since the Great Recession, I…

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