Life Event: Retirement

Retirement is the dream of the worker. It looks different for different people. Some retire at thirty-five, others at seventy. Some travel the world, others downsize to a quiet house where they can spend time with friends and family. Regardless of who you are and what your plans may be, there are certain issues and concerns that bind retirees together. Don't let this change in life become more of a hassle than you bargained for. Arm yourself with all the information you'll need to enjoy your retirement, no matter what it looks like.

Medical Considerations

• Get the facts about COBRA health insurance.
• Get the facts about ERISA the Employee Retirement Income Security Act.
• Know the affects of age on health and life insurance costs.
• What to do with a lapsed policy.
• Know what happens when you miss a payment.
• Get the facts about Medicare and Medicaid.
  • Get answers to frequently asked questions about Medicare.
  • Get answers to frequently asked questions about Medicaid.
  • Determine if you are eligible for Medicare.
  • Know how to enroll in Medicare.
  • Understand how prescription drug coverage works.
  • Know how to claim benefits.
  • Know what you need to about changing your benefits.
  • Keep abreast of government changes to your benefits.

Financial Considerations

• Get the facts about Social Security benefits.
  • Understand how working affects your social security benefits.
  • Know how to claim your benefits.
  • Know what you need to about changing your benefits.
  • Keep abreast of government changes to your benefits.
• Understand what you need to know about retirement and minimizing your taxes.
• Get the facts about 401ks.
• Get the facts about types of IRAs.
• Get the facts about Keogh.
• Know what you need to about pensions.
• Get answers to frequently asked questions about employee benefits.
• Know which retirement plans are qualified and what that means as far as your tax liability.
• Get the answers to frequently asked questions about taxation of pensions and annuities.
• Understand the Pension Protection Act of 2006.
• Applying for credit now that you're retired may be a bit trickier, make sure you know your rights.
• Know how divorce affects retirement benefits.

More Information and Help

• Know what you need to about Elder Law.