A few weeks ago, I posted about making smart Social Security decisions to optimize your lifetime and retirement income.
In a few short years, it seems as though the banking industry has revolutionized. It is now easier (and more convenient than ever) to tend to your banking needs, all from the comforts of your pajamas. Gone are the notions of banking hours, and the never-ending lines when you want to deposit your paycheck.
You may have been told to start taking social security as soon as possible (when you reach age 62). Or that you can just keep right on working full time even as you collect. These are just two of the biggest Social Security misconceptions, and if you follow that advice it can end up costing you a lot.
The annual meeting is rescheduled to sometime later this quarter and the family reunion is sometime next summer, but like certain holidays and your birthday you know you can always count on a few specific dates. It’s reassuring. One such day is Tax Day, AKA April 15. Yet, unlike a birthday this looming deadline tends to sneak up on you in the least enjoyable way.
Planning a vacation can be exciting. What can be equally exciting is taking a vacation that you know isn’t going to cost a mint, which lets you choose where you want to splurge (e.g., dinner at a Michelin-star restaurant, a luxurious spa day, or a helicopter ride over a volcanic crater) without paying top dollar for the entire trip.