Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Thursday, May 07, 2009

Beware May Scams

I hate to keep posting about scams but I do keep hearing about older people getting taken in by them

If you collect Social Security you got a letter from them saying you will get your one time payment this month. That's good altho it's not a major amount. But the scammers know you got that letter as well and so they have reduced the amount they are asking when you get teh emails about the money they are holding for you.

My recent emails all ask for "only $99" to get that 1.5 gazillion :D some bank somewhere is holding for me.

And I expect you will start getting emails from those offering to "help" you get your $250 quicker! Or offering you a loan of $250 until you receive your money!

PLEASE do not contact these persons.....if you have your Social Security check automatically deposited - that's where this check will go! If you get your check mailed to you - this check will also be mailed to you. And I would guess that any loan you agree to will come with usurious high interest rates so that your $250 will not even make a dent in what you'll owe back in a few weeks.


Tuesday, June 05, 2007

Will you ever retire?

From today's news...

After falling for more than 100 years, the retirement age chosen by working Americans is edging up again, and the trend could have broad consequences for households and the economy.

In the mid-1980s, just 18 percent of people in their late 60s still worked, according to the Bureau of Labor Statistics. That figure is up to 29 percent, and experts believe that the number will rise as people confront the prospect of a lengthy and expensive old age with limited retirement benefits.

More than 1 in 4 baby boomers -- born from 1946 to 1964 -- plan to never retire, a recent survey by the National Association of Realtors shows.

Full article HERE

This statistic has popped up before - and the whys of it are mixed - some people keep working because they love what they are doing. Some "retire" from their "job" and start their own business doing something they have always loved.

But - and it's a big but - many keep on working because they need the money, the health insurance and because they fear what the financial future might bring in terms of the loss of retirenemt benefits, lack of retirenemt funds, and the general overall picture of our futre sfilled with taxes to pay the debt our governemt is running up with it's Iraq occupation...

So when you are approaching what used to be considere retiebnwe age - what will you do?

It's a good question to ponder whether you are still working or if you are already sort of retired...or fully retired..

I truly believe we can all have several careers in one lifetime....so why not one you love for now?
[you can always change what you do if you so wish : - )]