Do you suffer from financial shame?
I ask this question because financial shame is far more common than most of us would like to admit. Everyone talks about how financially successful baby boomers are, but, this is just part of the story. Like every generation, we are struggling after the Great Recession.
Your husband may be out of the picture, but his Social Security could still be a part of your life. Whether you’re widowed or divorced, U.S. law may allow you to collect benefits based upon your former spouse’s work history.
The choices you make today will affect your Social Security payment amount later on. This is true, even if you are in your 60s and are rapidly approaching retirement age. It’s especially true for our daughters and granddaughters, who still have several years, or even decades, to go before retirement age.
Being unemployed as an older woman is a stressful, frustrating experience. It’s also a situation that few of us imagined we would be in just a few years ago.
At first reading, this post may seem less about quality aging and more about not aging at all (meaning dying), but it’s not a bummer. I promise. Since money and financial issues can cause us all so much stress, this is a stress-buster to offer some extra peace of mind.
Did you know that several Social Security rules are about to change? If not, you’re not alone! There’s a great deal of confusion about who is affected and what will happen.
True, the upcoming deadline affects a small percentage of people. That said, many of us are concerned they we lose benefits if we don’t take action. Let’s clarify the situation.
My husband didn’t expect to be diagnosed with esophageal cancer at age 34. I didn’t expect to become a widow at age 35.
April 29, 2016 is a magic day for people who are 66 and their spouses. It’s the last day you can claim a retirement benefit that will give you big returns over a long lifetime.
Many women believe that they are not entitled to Social Security if they are divorced. The truth is you can get Social Security on your ex-spouse’s record, under certain circumstances, even if you have been divorced for many years.