5 Social Security Terms You Need to Know

5 Social Security Terms You Need to Know As you approach the exciting (but often overwhelming) milestone of retirement, the topic of Social Security comes up much more often, and it is easy to see why. Nearly nine out of ten individuals age 65 and older receive Social Security benefits, and—as an average—these benefits comprise… Read more »

How to Foster Meaningful Friendships in Retirement

How to Foster Meaningful Friendships in Retirement   At Seniormark, we talk a lot about health insurance and other financial concerns, which makes a great deal of sense. Medicare, Social Security, and 401(k) planning are all essential parts of a successful retirement transition. But I also think it is beneficial to discuss cultivating meaningful relationships… Read more »

Get a Second Look Before Buying an Annuity or Your Money May Be Held For Ransom Two clients of mine, a couple, came into my office one morning, and they mentioned they were heading over to meet with a financial advisor about their Equity Indexed Annuity after their appointment with me. Just as a fair… Read more »

Do I Need To Do Anything To Enroll in Medicare? This is a question I get quite frequently at my offices in Sidney and Vandalia, Ohio. When it comes to Medicare, soon-to-be retirees know that they’ve been paying for it since they started working through Social Security. However, they often don’t know how they collect… Read more »

Dental, Vision, and Hearing: 3 Medicare Coverage Gaps You Probably Shouldn’t Insure Many soon-to-be retirees find themselves concerned about transitioning from their employer insurance to Medicare because of the numerous coverage gaps, and I truly get it. If you spend a good deal of your career in an all-inclusive employer plan, switching to Medicare will… Read more »

4 Guidepost People You Need to See as You Approach 65

4 Guidepost People You Need to See as You Approach 65 The path to retirement is often difficult terrain, a rocky mountain path rather than a paved sidewalk. There are lots of ways to get lost in the forest of information coming in your mailbox, your email, and on the web.   Because, as you… Read more »

3 Reasons Why Prescription Drugs Are So Expensive

 3 Reasons Why Prescription Drugs Are So Expensive It is no secret that prescription drugs are outrageously expensive. After nineteen years of working with those transitioning into retirement and helping retirees shop Part D Drug Plans, I have come across some astronomic prices. To give you an idea, some of the prescriptions (without insurance, thank… Read more »

You Can Save Hundreds on Your Supplement Without Changing Your Benefits! And when I say, “without changing your benefit,” I really mean it. This isn’t about covering decreased benefits or numerous hassles under a cloak of a lower premium. You can get on an identical plan to the one you have now and still save… Read more »

Half-Truths And Medicare Advantage Commercials

Half-Truths And Medicare Advantage Commercials Weekly, we receive phone calls from people asking about something they saw on their tv and wondering if their insurance covers whatever they are seeing advertised.  This is more prevalant in the fall of each year, when Medicare Advantage companies ramp up their advertising during annual enrollment.  As an office,… Read more »

Why the Guaranteed Income of an Annuity Isn’t Always Worth It For Retirees Everyone likes a guarantee. It’s like a warm house that shelters us from the cold, unknown outside of diminishing returns and tragic losses. So, for the retiree, someone like you who has a lot to lose, the idea of your income being… Read more »