“If there is one person I trust when it comes to helping people navigate the retirement process, it has to be VRS support. The support and guidance provided was straight forward and in my best interest.”
- Joan Krause - Executive Secretary
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News You Can Use
Helpful VRS InformationClick the arrows after each post title to read news updates in full.
Good evening A dollar doesn’t go as far as it used to. I am sure you have heard this many times before. At historical inflations rates, a dollar today may only be worth .42 cents in 30 yearsFor the equivalent of $50,000/year in retirement income today, in 20 years you’ll need $101,640/year thanks to inflation….
Welcome to the month of October. In the last post we were talking about thinking long term. One thing I forgot to mention is Deduction! You can deduct more of your long-term-care premiums as a medical expense in 2016. Taxpayers 71 and older can claim up to $4,870, seniors 61 to 70 can claim up…
To be prepared, you must Think Long Term. Make plans so unexpected medical expenses don’t wipe out your retirement. Here is a real example. The names have been changed. Nick and his wife Flo, were healthy in 1999, but the College professor retiree bought long-term care insurance anyway. It turned out to be a wise…