Retirement Reform Blog

Over the past several days, I have read some articles about the fact that next year's Social Security benefit payments will not be increasing as they normally do to keep up with inflation.  This is what is known as the cost of living adjustment (COLA).  According to some politicians and advocates, with rising health care costs, seniors are getting the short end of the stick unless an increase is in order.

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 "The question isn't at what age I want to retire, it's at what income."  ~George Foreman
 

I came across an informative article in Monday's Dallas Morning News, "Retirement Readiness."  (This article is also available in the New York Times). Two financial advisors in North Carolina put their pre-retiree clients through a "boot camp" designed to prepare them for what it will feel like when they retire. It helps people determine if they will truly be ready to retire at the age they plan to do so.  It got me to thinking about what retirement is really all about. 

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