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4 rules to break – for now

As you may know if you’ve been reading here for very long, from time to time I review financial rules of thumb – today I’ve got a bit of a twist on the “principles of pollex” concept:

Here’s a very interesting article that I found today that tells about some of the old, time-honored sage pieces of advice that aren’t necessarily true – for the time being.

Enjoy – I’ll be back next week!

http://www.smartmoney.com/spending/budgeting/4-traditional-money-rules-to-break–for-now-1296858154544/

3 Comments

  1. Anne says:

    Jim wrote: Medicare should be applied for at age 65 unless you’re covered by an employer’s plan…

    Anne’s comment: I was wondering about if Social Security and Medicare are different programs; so I see they are; I will be sure to apply for Medicare @ age 65…I thank u Jim @!

  2. Anne says:

    If i decide to wait until i am 70 y. to apply for Social Sec. benefits and Medicare…

    would I apply a few months before 70 th b day…? Tia Anne
    I don’t want to miss the social security boat altogether either

    1. jblankenship says:

      Anne –

      Yes, a few months before your 70th birthday would be the appropriate time to apply for Social Security if you’re hoping to get the maximum benefit. Medicare should be applied for at age 65 unless you’re covered by an employer’s plan.

      jb

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