Your Safe Money Show Being too frugal in retirement 11 16 24

Your Safe Money Show highlights for November 16th

 For this Saturday November 16th Your Safe Money Show Todd will break down the fine print on your pay stub, there’s more to it then you may think. A report finds four Social Security benefit changes that may help people who can’t work until full retirement. And he’ll answer the question “Are you being too frugal in retirement”? Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com, and at Facebook and YouTube.

The cost of scams

 The American people lost $12.5 billion to online criminals and scammers in 2023, and according to the FBI, $652 million of that went to romance and confidence scams. Scammers are getting bolder and more ambitious, and bleeding older people — who may have diminished faculties, or are merely lonely and easy prey for a dedicated scammer — for hundreds of thousands of dollars, if not millions. We have the booklet "Don't be a victim of scams" ask for your complimentary copy by going to yoursafemoneyshow.com or stop at our office at 139 Union Street in Mora.

Your Safe Money Show Slow Shopping 11 9 24

Your Safe Money Show highlights for November 9th

 Coming up on the November 9th Your Safe Money Show. With the holiday shopping season basically underway Todd will have what to watch for when it comes to “sellers” tricks. There’s also a trend called “slow shopping” that can save you money this holiday season. And he’ll have 5 reasons to take your Social Security early and 4 reasons to wait. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com and on Facebook and YouTube.

Costs of health care

 According to an August 2024 report from Peterson-KFF Health System Tracker, the price of medical care, including insurance, drugs and medical equipment has increased by 121.3% since 2000. In contrast, prices for all consumer goods and services increased by 86.1% during that time. Health care is a major expense during retirement, even with Medicare and Medicare supplements helping to cover costs through deductibles and copays. However, Medicare doesn’t necessarily cover all health care costs. A person needs to consider their family health history and whether additional planning needs to be done to protect against unforeseen health issues as well as how a potential long-term care event is going to be covered. Open enrollment for Medicare and MnSure is open now call 320-679-5183 for an appointment with Todd.

Your Safe Money Show Ways retirement has changed 11 2 24