I’ll be doing a free 30-minute webinar on planning for retirement in the new economy on May 16th for National Seminars, the online training company. The webinar will feature key findings from The Hard Times Guide to Retirement Security, and my ongoing work as a columnist for Reuters, Morningstar and WealthManagement.com.
I recently spoke with Lori McAlister of National Seminar about my work and The Hard Times Guide.
Great company indeed! The Hard Times Guide to Retirement Security was named this week to Chris Farrell’s list of the top seven books for money and careers at NextAvenue.org. Other authors on the list include Peter L. Bernstein, Burton G. Malkiel and Marc Freedman.
Chris is economics editor for American Public Media’s Marketplace Money, radio program, and author of three books, including The New Frugality: How to Consume Less, Save More and Live Better. About the Hard Times Guide, Chris wrote:
I’m a fan of syndicated columnist Miller’s roll-up-the-sleeves approach to retirement planning. His book had breadth. It covers topics ranging from investing for retirement to understanding Social Security to the benefits of lifelong learning.About a third of the Hard Times Guide deals with advice on working during the traditional retirement years. Since retirement could last 20 years or more, Miller writes, “working for even a few additional years can pay a surprisingly large bonus.”
Gotta admit, it’s a bit of a mutual admiration society; read what I had to say about The New Frugality here.
Premiums for many popular Medicare prescription drug plans will soar next year – but seniors don’t have to take the rate hikes lying down.
The annual plan enrollment period for Medicare Part D starts October 15 and runs through December 7, so seniors have time to shop around. Seven of the top 10 plans will have double-digit percentage increases next year. More than 80 percent of Part D beneficiaries are in these plans; that means 5.9 million will pay double-digit increases next year if they don’t switch. That’s a whopping 29 percent of all Part D enrollees.
The double-digit premium hikes are surprising because prescription drug costs have fallen sharply due to widespread expansion of generic medications – not to mention that many seniors had been expecting their costs to go down since healthcare reform closed the so-called donut hole gap in coverage.
Learn more at Reuters Money. More on how to shop for a Part D prescription drug plan at RetirementRevised.com.
