Seattle Mazda

We Make Money Work In Your Favor

This content shows Simple View

Liefstyle

This Type of Social Security Benefit Is Often Overlooked

Social Security recipients who have lost a spouse may be eligible for a higher monthly payout if they switch to survivor’s benefits. But many recipients are unaware of this fact. That ignorance could cost them tens of thousands of dollars over the course of their retirement, according to an audit by the Social Security Administration’s Office of the Inspector General. The audit found that of 100…

Source: moneytalksnews.com



The Pros and Cons of Dividend Stocks for Retirement Savings

This story originally appeared on NewRetirement.com. There are many guidelines around how to draw down your savings in retirement (the 4% rule, the multiply-by-25 rule), but what if you don’t have to spend your savings? You can generate retirement income with dividend stocks, and in a world where savings accounts produce less than a 1% return, dividends can provide a steady stream of cash without…

Source: moneytalksnews.com




top