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August 5, 2025
By
The Admiral Staff
The article discusses the “4% rule” for retirement withdrawals, which suggests withdrawing 4% of savings in the first year and adjusting for inflation annually. While initially popular, experts now question its rigidity, with some suggesting a 6% rule or advocating for personalized financial plans instead. The article debunks three common retirement spending myths: that conservative spending is always best, that savings won’t grow in retirement, and that all retirees face the same financial challenges. It emphasizes the need for flexible spending
July 31, 2025
By
The Admiral Staff
The article suggests that soon-to-be retirees can ease into retirement and boost their financial security by exploring low-stress side hustles. It highlights the benefits beyond just extra income, including staying mentally engaged, learning new skills, and fostering social connections. Recommended side gigs include online surveys, pet sitting/dog walking, rideshare driving, online tutoring, user testing, and playing games for money. The article emphasizes finding flexible options that fit a busy schedule, avoiding scams, and prioritizing well-being
July 28, 2025
By
The Admiral Staff
The article highlights common and costly mistakes retirees make with Medicare, emphasizing the importance of research and planning. Key mistakes include missing the initial enrollment window (leading to late enrollment penalties), assuming Medicare is free (it has premiums and deductibles), delaying Part B when employer coverage isn’t “creditable,” skipping prescription drug coverage (Part D), not understanding the differences between Original Medicare and Medicare Advantage, and failing to review coverage annually. The article also suggests additional ways to save money beyond Medicare, like using
June 3, 2025
By
The Admiral Staff
The article discusses alternative retirement savings methods to mitigate risks associated with a volatile stock market. While 401(k)s and IRAs remain valuable, options like annuities (providing steady income), high-yield savings accounts, Health Savings Accounts (HSAs), real estate investments (through groups or crowdfunding), and whole life insurance (offering a cash value component) can diversify savings and offer greater security. The article also suggests practical ways to free up funds for these alternative savings, such as utilizing
May 13, 2025
By
The Admiral Staff
If you remarry after age 60 (or 50 if disabled) and were married to your deceased spouse for at least 10 years, you may be able to continue receiving survivor benefits from their Social Security account while also receiving spousal benefits from your new spouse’s account. The total benefits received would equal the higher of the two amounts, and you can switch to your own retirement benefits between ages 62 and 70 if they are higher.
