Condor Capital Management

Explore: What Are Continuing Care Retirement Communities?

Do Independent Living Communities Differ From CCRCs?

Independent living communities, also known as rental retirement communities, offer housing options for active seniors and retirees who require little or no assistance with daily activities. Most independent living residents desire an environment where they don’t have to be concerned about safety, maintenance, and homeownership responsibilities.

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How Much Will Health Care Cost?

Retirement health-care costs will vary depending on your health and longevity, but it may help to have a guideline. These are the estimated savings required for an individual or couple who turned 65 in 2019 to have a 90% chance of meeting expenses for Medicare Part B health insurance, Part D prescription drug coverage, Medigap Plan F, and out-of-pocket drug costs, assuming median prescription drug expenses.* These estimates do not include services not covered by Medicare or Medigap.

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How Does Your Employer’s Retirement Plan Compare?

How Does Your Employer's Retirement Plan Compare?

Each year, the Plan Sponsor Council of America (PSCA) surveys employers to gauge trends in retirement plan features and participation. Results are used by employers and plan participants to benchmark their plans against overall averages. How does your plan compare to the most recent survey results, released at the end of 2018?1

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Four Tips for Downsizing in Retirement

Downsizing

Going through years of accumulated possessions and memories is probably not how you envisioned spending part of your retirement. It may sound like a daunting and emotionally draining task, but downsizing could be a savvy financial move, especially if you haven’t reached your retirement savings goals.

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Social Security Benefits Expected to Increase 2% in 2018

Benefits

The Social Security administration announced a 2% increase in benefits in 2018. The increase is estimated to affect 70 million Americans. The increase in the Consumer Price Index (CPI-W) is used to determine the cost-of-living adjustment (COLA) in order to keep Social Security benefits in line with changes in consumer prices. Continue reading “Social Security Benefits Expected to Increase 2% in 2018”

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Condor Capital Management Suggests What to Review When Considering Retirement Abroad

The idea definitely has its merits: Move abroad to a beautiful place and live for a fraction of what it would cost to retire in the United States, especially in light of increasing life expectancies and costs of living. Mexico, Costa Rica, Panama, Spain, and Thailand are all popular retirement destinations for Americans not only because of their temperate climates, but also for their marginal costs when compared to the United States.

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Outliving Your Money – A Real Threat

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J.P. Morgan Asset Management’s 2016 Guide to Retirement makes two interesting observations on life expectancy. While most people know that the average American is living longer due to several factors, including advancements in healthcare, another point is often overlooked: the narrowing life expectancy for men and women.

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