Seniors For Living

A new article from the Money section of US News & World Report holds the answer, and as with many issues related to seniors and long-term care, it’s a complicated one. In a nutshell, as Congress faces decisions about ...

Bill Keller, an op-ed columnist for the New York Times, talks to boomers one-on-one in this recent piece. And though he opened it with these words, “If you were born before 1946 or after 1964, you are free to go... I need ...

After two years of no cost of living (COLA) increase for Social Security beneficiaries, the government is projecting a slight adjustment next year, but rising Medicare premiums threaten to wipe out any increase in payments:
The expected Social Security cost of living increase for seniors will be wiped out by increasing Medicare payments, a U.S. senior citizens advocacy group says.

After two years of no Social Security cost of ...

If you didn’t catch the State of the Union address delivered on Tuesday, January 25th, check it out here. (NOTE: At 46 minutes, President Obama talks about Medicare/Social Security solvency.)

Education. Jobs. Renewable & sustainable energy. Bipartisanship. Spending freeze. These are the main issues Obama covered in his recent speech. But the concerns of boomers and seniors were not forgotten; for details, I recommend reviewing the following pieces from ...

On October 15, 2010, the Social Security Administration announced that, for the second consecutive year, there would be no cost of living adjustment (COLA) in monthly Social Security and Supplemental Security Income (SSI) benefits, as there was no increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of this last year

But, some such as AARP, argue that the COLA shouldn't be based ...

By now, many senior citizens have received their $250 stimulus checks from the U.S. Government in the mail.

The American Recovery and Reinvestment Act of 2009 provides for a one-time payment of $250 to adult Social Security beneficiaries, and to SSI recipients, except those receiving Medicaid in care facilities. To receive the payment, the individual must have been eligible for Social Security or SSI during the months of November 2008, December 2008 or January 2009.

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Some Relief for Social Security Beneficiaries
The passage of the economic recovery bill means just a little bit of cash ($250 for individuals, $500 for couples who receive Social Security benefits) will go to seniors in May. According to a recently published AARP Bulletin, the so-called senior payment does not require any additional paperwork; beneficiaries will receive the money in the same way they get Social Security (direct deposit or mailed check).
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Retirement planning may not be an easy task, but there are a number of useful tools that can expedite the process. One of these tools is the "break-even age" calculator, which helps prospective retirees determine their magic age for receiving Social Security benefits. For some, it might be best to wait a few years after reaching age 62; for others, getting started on day one of eligibility is the answer.
An ...

SeniorsforLiving.com is delighted to present the premiere edition of the "Boomers & Seniors - News You Can Use" blog carnival. We've asked leading bloggers about boomer and senior trends, news items, resources, and more to contribute posts they've hand-picked just for you.

The result? An information-packed post that boasts the same variety of those carnivals you loved as a kid. Jump-start your reading here with information about Social Security and ...

In the largest increase since 1982, the Social Security Administration announced that the Social Security cost of living adjustment (COLA) will be 5.8% in 2009. The adjustment applies to several types of Social Security benefits: retirement, disability, survivors as well as the maximum family benefit.

This higher than usual cost of living adjustment is driven by the increase in food and gas costs over the past few months. The average monthly benefit of $1,153 ...