Alhambra's Bob Williams answers a viewer question about deciding when to begin Social Security.
There have been a lot of significant additions to American society during the life of the Baby Boom Generation—TV remotes, cell phones, the internet, DNA fingerprinting, Viagra and… Gray Divorce. The overall national divorce rate has been going down for the past 20 years, but divorces among people 50...
One of the questions that have to be answered when planning for retirement is, “Where’s my income going to come from.” Identifying the income is a necessary first step when you’re planning. But people often miss the second step—how much of that income will be taxed? Uncle Sam doesn’t...
Alhambra's Bob Williams discusses Medicare's part in Long Term Care, and what to ask if you're considering long-term care insurance.
“What the heck is it?” It’s not uncommon for something we used to know by one name now described by another word. When I was a kid, it was a swamp; today it’s wetlands. We used to re-use things; now they’re re-purposed. Improving something now means it’s re-imagined. The...
You know you’ll have to do it someday. In fact, you’re probably looking forward to it; the day you sign up for Social Security and get the benefit of all the money that’s been taken out of your paycheck during your working years.
For the most part, signing up is...
Since it was introduced in the early 1980’s, the employer-sponsored 401(k) plan has become one of the most common ways to save for retirement. Money comes directly out of your paycheck before taxes, the employer puts money into your account, and at retirement, you theoretically have a large pool...
It’s not often that politicians agree about anything, but in a rare vote in the U.S. House of Representatives, men and women, Republicans and Democrats, liberals and conservatives voted 414 to 5 in favor of the Secure Act 2.0, a series of changes to retirement savings plans. You can...
How would you like to waste a lot of the money you spend on Medicare coverage and miss a bunch of the benefits Medicare provides? Crazy question. But that’s exactly what’s happening to millions of Medicare beneficiaries.
In October 2021, the insurance website MedicareAdvantage.com published the results of its most...
Alhambra's Bob Williams explains Social Security Cost of Living Adjustments and their effect on the Survivor Benefit.