Senior Retirement

Thinking of retiring? Here are some things to consider.can help you in your senior retirement. The estimator
• The average 65 year old of today will live to ageis secure and a great financial tool. This will enable
83you to create your own 'what if' scenarios. Check
• One in four 65 year olds will live to age 90out the Social Security web site.
• One in ten 65 year olds will live to age 95During your senior retirement, when you reach your
Keep in mind that senior retirement can have morefull retirement age, you can work and earn as much
than one meaning.as you want while collecting your Social Security
* It can mean that you will fully retire and not work.benefits and not be penalized. If you retire before
* It can mean that you chose to receive Socialyour full retirement age and your earnings exceed
Security and continue to work.certain dollar amounts, some of your benefit
* You may choose to work part time.payments will be withheld.
* You may choose to retire early. Not at your fullDon't forget Medicare. Even if you don't plan to
retirement age.receive Medicare, you should sign up for Medicare
All of these choices are available to you. Yourthree months before your 65. If you do not do this,
retirement decisions can have an effect as to howyour Medicare medical insurance and prescription drug
you are able to maintain a comfortableretirement.coverage could be delayed and you could be charged
What is the best option for your senior retirement?higher premiums when you do finally apply.
Of course, everyone's situation is different. SocialYou've made it this far. Why not go the distance in
Security has created senior retirement planners tostyle and grace.
help you decide what would be best for you andGood luck and keep up a great attitude.
your family. They have a new online calculator that