As
a generation, we baby boomers have stayed physically active (for the
most part), gotten in touch with ourselves and made lots of money.
In
fact, American baby boomers are the most affluent mob on earth.
Pretty good trick! But, the best trick of all is to hold onto
that money and grow it for our futures. That's what this section
of BoomerCafé is about.
We received something in the mail that said, “Attention Baby Boomers, this is one benefit not to miss.” Well, we’re baby boomers, and we don’t want to miss what’s coming to us, so we read further. And it turns out, it’s about a benefit that can help us take care of our aging parents, which is where so many baby boomers find themselves these days. You might learn something that’ll help you, by reading this piece by Debbie Burak about Pension Benefits.
Success? Maybe by now we’ve figured it out, but how do we pass it on to our kids? That’s something with which writer Larry Lefkowitz has struggled, but thanks to a graduation speech by a fellow boomer this year, he might now have figured out How To Measure Success.
How
can you find out what Social Security will pay you when you
retire?
Request a Personal Earnings and Benefit Estimate Statement from the Social
Security Administration. The PEBES contains your entire salary history,
including the Social Security and Medicare taxes you have paid. It tells
you what benefits you can expect, depending on when you retire. You can
collect benefits as early as age 62, but benefits will be higher if you
wait until your full retirement age, which ranges from 65, for those born
before 1938, to 67, for people born after 1959. You get an even bigger
check if you wait until 70 to retire. The statement also covers disability
and survivor benefits for your family.
Check
Social Security Online or call
1-800-772-1213 for information on applying for the statement. You should ask for
a PEBES every three years to make sure that the government has accurate
information. By law, the Social Security Administration is under no obligation
to correct mistakes after a little more than three years.
As
a generation, we baby boomers have stayed physically active (for the
most part), gotten in touch with ourselves and made lots of money.
In
fact, American baby boomers are the most affluent mob on earth.
Pretty good trick! But, the best trick of all is to hold onto
that money and grow it for our futures. That's what this section
of BoomerCafé is about. 
We received something in the mail that said, “Attention Baby Boomers, this is one benefit not to miss.” Well, we’re baby boomers, and we don’t want to miss what’s coming to us, so we read further. And it turns out, it’s about a benefit that can help us take care of our aging parents, which is where so many baby boomers find themselves these days. You might learn something that’ll help you, by reading this piece by Debbie Burak about 
Success? Maybe by now we’ve figured it out, but how do we pass it on to our kids? That’s something with which writer Larry Lefkowitz has struggled, but thanks to a graduation speech by a fellow boomer this year, he might now have figured out