mlumia Blog, The Medicare Minute 0
Reasons For Inflation And Why You Should Plan For It In Retirement Inflation is a reality in all economies, and generally occurs for one of two reasons, know as “demand-push” or “cost-pull.” Businesses and companies that want to retain their employees have to insulate them to some degree against the rising and falling of the […]
mlumia Blog, The Medicare Minute 0
The Good and Bad of Retiring Early This year has forced some to think about retiring early. When it comes to retiring early, some of the benefits are obvious: you get to live your life without the constraints of work, and you are able to pursue your own interests. But there are other good reasons […]
mlumia Blog, The Medicare Minute 0
Avoid Overspending During the Holidays It is not surprising that the holiday season is one of the most expensive for individuals. Giftgiving, decorating and holiday treats can tap into the budget if a few general rules are not followed. Here are five tips to avoid overspending this holiday season. Set a Strict Budget To alleviate […]
mlumia Blog, The Medicare Minute 0
What You Need to Know About IRA and 401k Contributions In 2021 The Internal Revenue Service recently reported changes to the 401k and IRA. The agency’s announcements to Congress issues new regulations. Each alteration will impact retirement accounts and 401(k) contribution limits in 2021. Here are a few things Americans need to know regarding their […]
mlumia Blog, The Medicare Minute 0
Don’t Let Short Term Events Change Your Investment Goals With every change in the world, there always seems to be the temptation to make an impulsive financial decision, especially when it comes to investing. This year especially was difficult for investors who made such decisions when the coronavirus hit hard and upended the stock market […]
mlumia Blog, The Medicare Minute 0
Tap Your 401(k)? Get Back On Track! While tapping into your 401(k) is not the first choice that you should make, it is sometimes unavoidable. During the most recent economic crisis, you may have needed to withdraw from your retirement funding in order to make ends meet or cover certain types of expenses. The good […]
Avoid Covid-19 Medicare Scams Older Americans on Medicare have become the focus of criminals. According to government officials, they are now utilizing various fraud schemes associated with the coronavirus pandemic. The common goal of these criminals is to get an older person’s money or Medicare number. In recent months, the Department of Health and Human […]
Planning For Retirement In The “New Normal”? The world of COVID-19 is, at least for the foreseeable future, the new normal of society. That means that there’s no time to slow down on retirement investing, as those same deadlines are coming up as quickly as ever. Below are some of the most important things to […]
mlumia Blog, The Medicare Minute 0
2021: Social Security To Spend More Than It Collects The time is finally here. It’s when the chickens come home to roost. In most of the financial blogs of late concerning Social Security, it’s been nothing but doom and gloom. Everyone is scared the trust fund will run out of money, and suddenly, Social Security […]
mlumia Blog, The Medicare Minute 0
Medicare “Must Knows” Except in some rare cases, we all need to have a plan for our retirement years. Each person has individual financial goals along with their personal savings situation. Hopefully, you have a personal financial advisor to help manage the savings you have accumulated. However, your healthcare is a “wildcard” during your retirement […]
