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Keyword: retirees

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  • What did you do when you retired?

    12/16/2017 7:02:48 PM PST · by mdittmar · 302 replies
    12/16/2017 | me
    What did you do when you retired?Getting close to the point that I may be able to retire.Thinking about reselling,yard sales,goodwills,estates sales.Always enjoyed junking,antiquing.Gotta stay busy.
  • Jobs That Retirees Can Do From Home

    04/20/2017 11:56:42 AM PDT · by 2ndDivisionVet · 60 replies
    Zing! by Quicken Loans ^ | April 20, 2017 | Kathryn W.
    You’ve hung up your work wardrobe and permanently disabled your alarm clock, but a person can only watch so many reruns and weed so many flowerbeds. Taking on a post-retirement job isn’t just about filling the hours, though. The average retirement lasts about 18 years, and only about 5% of people have adequate savings to sustain them after age 65. If you’re not part of that group, finding a work-from-home job can help you build up your savings, cover the bills that Social Security doesn’t meet or finance the travel you’ve dreamed of doing. That being said, you’ve earned a...
  • Study Shows Retirees Leaving Sand And Sunny Beaches For Western Mountains

    01/11/2017 8:09:54 PM PST · by CreviceTool · 98 replies
    PR Newswire ^ | January 3, 2017 | United Van Lines 40 Annual
    South Dakota narrowly overtakes Oregon, which held the top spot for the previous three years, as the nation's "Top Moving Destination." This is the first time South Dakota has held the no. 1 spot. Vermont inched out Oregon for the no 2. position, with Oregon rounding out the top three. Those are the results of the United Van Lines' 40th Annual National Movers Study, which tracks customers' state-to-state migration patterns over the past year. Retirees are continuing to move to the Mountain and Pacific West.
  • Older Drivers Hit the Road for Uber and Lyft: How retirees are augmenting retirement income

    01/25/2016 9:24:19 AM PST · by SeekAndFind · 41 replies
    New York Times ^ | 01/24/2016 | By ELIZABETH OLSON
    When Carol Sue Johnson, 73, wheels her silver Mazda S.U.V. out of her driveway in suburban Minneapolis, she doesn't know how much money she will make driving for the ride-hailing service Uber, but she's sure she will have an adventure. Her passengers run the gamut, she said, from three visiting Chinese business executives who were surprised to see a female driver, to teenagers needing a ride to hockey practices or games. When one group of teenagers "started to get too rowdy," said Ms. Johnson, who goes by Sue, "one of them told the others to stop because 'Grandma's in the...
  • You’ll Never Guess the Latest Victims of the Student Loan Crisis

    06/30/2015 8:40:54 AM PDT · by Hojczyk · 88 replies
    Money ^ | June 30,2015 | Michaela Ross
    A fast-growing number of seniors are hitting retirement with a student debt burden. Even their Social Security is at risk Most debt you can get out of—painful as it might be. Credit card debt can be cleared in bankruptcy. A mortgage can end in foreclosure. But student debt is more sticky, and it turns out it can have big consequences in retirement. Last year, Richard Minuti’s Social Security payments were cut by 10%. The Philadelphia native was already earning only a bit over $10,000 a year, including some part-time work as a tutor. “I was desperate,” says Minuti. “Taking 10%...
  • A Costly Medicare Surprise Awaits Retirees

    06/24/2015 8:14:41 AM PDT · by mac_truck · 33 replies
    Kiplingers ^ | 6/17/2015 | Susan B. Garland
    Days spent in the hospital as an outpatient, rather than being officially admitted, can leave Medicare patients with bigger bills. It's bad enough spending three or more days in a hospital -- undergoing a barrage of medical tests and procedures. Brace yourself for even more pain at discharge if the hospital tells you that you were actually never admitted but were on Medicare "observation status." That designation could cost you big time. Hospitalized Medicare beneficiaries who are under observation are considered outpatients, even if they spend many days in the hospital. If you find yourself in this boat, there's a...
  • Why CalPERS retirees flee California

    05/13/2015 8:46:48 PM PDT · by artichokegrower · 41 replies
    Sacramento Bee ^ | May 11, 2015 | Jon Ortiz
    This city’s Spanish name recalls grassy, spring-fed meadows that nourished the first farms here and gave laborers relief from desert heat. Now Las Vegas draws a new generation of settlers epitomized by California transplant Joe Beck: CalPERS pensioners who have made Sin City their No. 1 destination for retirement outside California. Read more here: http://www.sacbee.com/news/politics-government/the-state-worker/article20702106.html#storylink=cpy
  • Soldiers' identities used as a way to scam people. Army leads in FTC fraud complaints

    03/15/2015 7:02:40 AM PDT · by SandRat · 2 replies
    FORT HUACHUCA — Defending against love when it is part of a scam is what soldiers have to do, along with watching out for more personal identity attacks against them. In a February release of reports gathered in 2014, and published by the Federal Trade Commission, two of the 102 pages dealt with statistics involving America’s armed forces. Fort Huachuca Spokeswoman Tanja Linton said, just like the nation’s civilian community, service members — men and women — and their families are targets of scammers. In the FTC Consumer Sentinel Network Data Book, the Army, which is the largest service in...
  • The Destruction of America’s Pension Plans

    12/14/2014 9:00:16 AM PST · by Oldpuppymax · 18 replies
    Coach is Right ^ | 12/14/14 | Suzanne Eovaldi
    The just passed $1.1 trillion Cromnibus (Continuing Resolution and Omnibus) check float that successfully got through the Republican controlled US House contains language that could gut pension plans, according to analyses by both conservative and leftist web writers. “The pension provision was made public late Tuesday night,” says a web source that blasts efforts to write down public pension allotments. (1) Mike Adams of Health Ranger warns that “all the pension benefits that have been promised government retirees are about to be stolen back from retirees.” (2) Quoting a WaPo article, Adams also points out that “the proposal would torpedo...
  • 5 reasons not to retire in the U.S.: Number of retirees overseas has more than doubled in 10 years

    08/08/2014 5:22:04 AM PDT · by SeekAndFind · 31 replies
    MarketWatch ^ | 08/08/2014 | By Quentin Fottrell,
    More than half a million retirees receive their Social Security benefits abroad, according to International Living , a monthly newsletter focusing on retiring overseas. The Social Security Administration currently sends 613,650 retirement-benefit payments outside the U.S., more than double the 242,128 benefit payments sent abroad in 2002. And even that data likely under-represents the actual number of Americans retired overseas, says Dan Prescher, 60, special projects editor of the newsletter. (International Living gets much of its financial support from advertisers who sell overseas real estate to retirees, and other services for those wishing to relocate.) “San Diego has some of...
  • Working-class whites lose voting dominance in Ohio

    07/22/2014 7:14:32 AM PDT · by Olog-hai · 12 replies
    Associated Press ^ | Jul 22, 2014 9:20 AM EDT
    For the first time, working-class whites make up less than half of Ohio’s eligible voters, part of a demographic shift in a key Midwestern swing state that is pushing political parties to widen their appeal beyond the once-dominant bloc. Nationwide, working-class whites—defined as those ages 18 to 64, with less than a bachelor’s degree—are more likely to be socially conservative, less optimistic about their futures and skeptical of big government. But in Ohio, the group has been much more politically divided: encompassing deeply religious, GOP-leaning conservatives in rural areas as well as unionized blue-collar Democrats in cities. Now, those voters...
  • Detroit retirees back pension cuts by a landslide

    07/22/2014 6:54:56 AM PDT · by Olog-hai · 9 replies
    Associated Press ^ | Jul 22, 2014 9:13 AM EDT
    A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history. Pension cuts were approved in a landslide, according to results filed shortly before midnight Monday. The tally from 60 days of voting gives the city a boost as Judge Steven Rhodes determines whether Detroit’s overall strategy to eliminate or reduce $18 billion in long-term debt is fair and feasible to all creditors. Trial starts...
  • ATT Retiree Medical QuestionRE;Dumped to private exchange

    05/29/2014 7:33:34 AM PDT · by CGASMIA68 · 11 replies
    5/29/14 | cgasmia68
    Question for any retired medicare ATT Freepers that are being dumped by ATT on to AON Hewitt. Have you been to any meetings and if so how bad are we going to take it. Have you spoken to the "licensed insurance rep" for you area? I haven't been to any thing as yet but trying to get a feel for this and get more info but its all reallll vauge and I am sure we are going to take it up the wazoo real bad. Freepmail me if you like. Thanks
  • MILITARY UPDATE: Luring current force to ‘reform’ its own retirement

    05/17/2014 8:30:06 AM PDT · by SandRat · 21 replies
    Sierra Vista Herald
    Current military members and retirees are to be “grandfathered” from any retirement changes that the Military Compensation and Retirement Modernization Commission recommends to Congress next February. Current force members shouldn’t let that dampen their interest in the work of the commission or its final recommendations, because any retirement reforms proposed almost certainly will include an “opt-in” feature. Many currently serving members will get the chance to choose to switch to a more modern, less generous retirement plan. Who would do that? If past behavior is a reliable guide, thousands will. Economists use the term “personal discount rates.” More simply, its...
  • Top 10 Cars for reitrees (Is your car on this list?)

    05/12/2014 9:47:14 AM PDT · by mkleesma · 101 replies
    Ridelust.com ^ | Unknown | Dustin Driver
    With most consumers favoring smaller foreign cars and the US auto industry seemingly headed for the toilet, there is still one demographic that Detroit has a solid hold on… Retirees. Buyers over 65 are the last hope for the good old American car. In some dealerships, upwards of 85 percent of all Buick buyers are 55 and older. That’s an ominous sign for the future of American autos. The over-65ers look at brands like Buick, Lincoln and Cadillac as status symbols. Those brands have what advertisers call the “Mind Share” in that demographic. Retirees remember a time when the only...
  • Obama plan: Cut tax breaks for richest retirement savers

    02/21/2014 10:56:56 AM PST · by reaganaut1 · 60 replies
    Market Watch ^ | February 21, 2014 | Robert Powell
    President Barack Obama plans to ask Congress in early March, as part of his fiscal 2015 budget, to reduce some of the tax advantages for employer-sponsored retirement plans for higher-income earners, according to published reports. Plus, the president wants to limit the value of all tax deductions, defined contribution exclusions and IRA deductions to 28% of income — and include an overall cap on all retirement accounts, including pensions, that could bring in $1 billion a year in new tax revenue, according to a Pensions & Investments report. According to the report, the proposals are designed to direct more of...
  • Increased Military Spending On The Back Of DISABLED Military Retirees?

    12/18/2013 6:14:52 PM PST · by SkyPilot · 11 replies
    Political Outcast ^ | 18 Dec 13 | Mark Horne
    The Ryan budget deal keeps getting better and better. And by “better,” I mean much worse. When I wrote about the cut for military retirees, I mentioned the possibility that this might be the only income some of them have. The original sequestration had wonderful priorities in exempting personnel. Ryan is sacrificing those who have already served for the sake of more war power abroad. We already have a military that spends as the next ten nations combined. Why take away from military retirees (some of whom are completely dependent on that income exclusively) to feed an institution that...
  • Military retirees 'screwed' in budget deal

    12/18/2013 6:13:57 AM PST · by BlatherNaut · 12 replies
    CNNMoney ^ | 12/18/13 | Jenifer Liberto
    Military retirees are getting "screwed" by a budget deal expected to pass the Senate on Wednesday, said Sen. Lindsey Graham. "Is the choice between keeping the government open and screwing all the military retirees? Is that that right choice?" said Graham, Republican from South Carolina.
  • Military retirees: You betrayed us, Congress

    12/12/2013 11:24:42 AM PST · by Sleeping Freeper · 182 replies
    cnnmoney.com ^ | 12/13/13 | Jennifer Liberto
    <p>Military retirees are outraged that Congress will start voting Thursday on a budget deal that trims military pensions, calling the move "an egregious breach of faith."</p> <p>The Military Coalition, some 27 military groups, wrote to leaders in Congress and President Obama late Wednesday about their "strong objection" and "grave concern" over the budget deal.</p>
  • Time Warner to move retirees to health care exchanges

    09/08/2013 3:18:51 PM PDT · by Nachum · 8 replies
    Rueters ^ | 9/8/13 | staff
    Time Warner Inc is planning to transfer its U.S. retirees from company-sponsored health plans and move them to private insurance exchanges. According to an August memo obtained by Reuters, the media company will make allocations to a Health Reimbursement Arrangement account for retirees to use towards the purchase of coverage on an exchange. Previously, Time Warner provided an indirect subsidy through a supplementary Medicare program.