Ever been worried you might lose your job because you were getting too old?
Relax. Many employers are now looking specifically at hiring and retaining workers over the age of 60. Why? Because of their knowledge, work habits and temperament.
For example, 10 years ago 9% of the workforce at CVS pharmacies was over age 50. Today, it’s 24%. Other employers looking to hire older workers include United Healthcare, ATT, the Hartford and more!
Okay. You’ve retired and now you’re thinking of moving to your dream state. When you arrive, do you buy a new home/condo or rent?
Here’s what the experts say…
Buying a home is good financial decision if you’re planning on owning for 10 years or more. Often times your dream state turns out be less than you hoped. So those in the know say you should rent first, for a year or two, to see if like the area before actually buying. Now you know.
Oh, and wishing you a long and happy retirement!
Every get those call s from groups that claim to help your local police or fire fighters? Beware!
Many times, these are groups that have incorprate with names like "police BEnevolent Organization," but they have no connection to your local first responders. Even if they are legit, they may also be professional fund raisers that can take as much as 90% of your money, leaving only 10% to help your local firefighters and police.
If you want to help, experts suggest you call your local police, fire or EMT departments and ask te best way for you to donate..
Do you ever receive an email claiming to be from FedEx, UPS, DHL, Amazon or some other business involved in shipping that’s notifying you that a shipment is coming your way – when you know you never ordered anything?
Beware. Courier cons are on the rise. Bogus shipping confirmations contain links that once clicked deliver malware to your computer!
Experts always recommend that you never click on links in these types of emails. Instead, go to the bona fide website of the business that claims to be contacting you and check it out from there.
Once you’ve retired, experts say it makes less sense to lease a car than to buy it outright.
Here are their reasons:
1.) While lease payments may be lower than purchase payments, over the long run, buying costs you less over the long run. That’s because after you pay off your car (typically in 5 years), you can drive payment free for as long as you care to continue owning the vehicle.
2.) You don’t have to worry about mileage. Typically, when we retire, travel is one of the activities that tends to increase. With a leased vehicle, you pay penalties for driving more than 12,000 to 15,000 a tear.
3.) Should your lease vehicle be involved in an accident that totals the vehicle, you may be liable for an “early termination fee.” You may be able to avoid such a fee by purchasing gap insurance, but that insurance also creates an additional expense you don’t have with a purchased vehicle
4.) Typically, your regular insurance may be higher as well as the leasing agency requires you to carry a higher accident liability than you might purchase if you are buying the car. This is because the lease vehicle is still legally the property of the lease company. If it’s involved in an accident, lawyers for the other party usually go after the lease company, figuring they have “deeper pockets” than the driver. To protect themselves, lease companies require you to carry higher liability insurance.
However, if you’re the type that likes driving a fancier car than you may be able to purchase or if you like having a new vehicle every 3 years or so, then leasing might still be the way to go no matter your age!
Experts warn against hiding a key in some “secret” place outside your home as a hedge against you losing or forgetting to bring along your house key.
Burglars know all the places people typically hide such keys and could be inside your house in seconds. Instead, security experts recommend leaving a duplicate with a neighbor you trust or a friend that lives nearby.
You know the situation. You’re calmly surfing the web on your PC or laptop when all of a sudden a big pop-up window appears and a loud voice comes over your speakers warning you that your computer is dangerously infected with a virus or malware. There is just one problem…
Real anti-virus/anti-malware programs do not operate like this. They do not take over your computer with loud voices or screens you cannot close.
Your computer IS in danger – but from the source of the pop-up.
If you get one of these pop-up warnings, here are some steps to remember:
1.) Do NOT click anywhere on the pop-up window
2.) Do NOT take any action the pop-up window is urging you to take (like call a toll-free number)
3.) If possible, immediately closer your web browser.
4.) If that’s not possible, reboot your computer immediately
5.) If all that fails, get your computer to an authorized repair center as soon as possible.
Baby Boomers are rightfully concerned about not outliving their financial resources. One of the most vexing is taxes. Here are the states where your tax bite may be less painful:
Alaska & New Hampshire: These states collect no tax on sales, income or Social Security.
Florida, Tennessee, Texas, Nevada, South Dakota, Washington and Wyoming: No taxes on income, Social Security or pensions.
38 States and Washington, D.C.: Do not tax income from Social Security
Many states have other taxes, such as on interest and dividends, sales taxes and high property taxes, so consult your financial advisor before making any final decisions.
If you think “catfishing” online is bad (that’s someone pretending to be someone else), we now have people scamming other people with the fake promise of a puppy.
If you’re looking for a fur buddy, beware anyone offering to sell you a dog over the internet, especially if they’re asking you to buy gift cards and read the numbers to them over the phone.
The experts say you’re better off visiting a local shelter. Not only will you get a real dog, but you can make sure you and your new best friend hit off before you take him or her home.
To save heat in the winter and air conditioning in the summer, check your home’s doors to the outside. A gap as small as one-eighth of an inch can let in as much outside air as a 2½-inch hole in your wall!
To correct this problem, check the threshold beneath the door. That threshold should have a removable cap. Underneath that are screws. Turning them counterclockwise will raise the threshold. To check if its high enough, place a dollar bill on the threshold and close the door. If the threshold is at the correct height, you should not be able to pull out the bill, but the door should still close and open easily.
Many of us, for reasons both environmental as well as financial, are contemplating “going off the grid” and installing solar panels on our homes.
Before you take the plunge, you should be aware of a potential scam that has popped in this field. It involves companies that offer to install solar panels on your home for free. The deal is, they own the panels and they will bill you every month, just like the power company.
Now, these companies promise that your bill will be substantially less than what you’re currently paying, but there have been reports of people actually paying more.
So before agreeing to anything, do your homework. Find out if other friends or family members have done business with the company. Research them online with the Better Business Bureau and things like Yahoo reviews. Finally, read your contract carefully and make sure you understand what you’re getting yourself into.
Reputable businesses are always glad to do business in the sunshine.
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