Early Archives - DR News - News, Retirement, Finance

Retirement: 3 Things to Know about Social Security Benefits Before You Retire Early

Atlanta, GA – If you’re considering early retirement, understanding the implications of claiming Social Security benefits early is crucial. Making the right choice about when to claim benefits can significantly impact your retirement income. Before making any decisions, it’s important to be aware of three key factors that can affect your Social Security benefits. Firstly, claiming benefits before reaching full retirement age will result in a lower benefit amount. While some may be able to …

Retiring Early with $90,000 Cash Flow and Helping a Daughter Buy a Home is Doable, Financial Planner Says

TORONTO, Ontario – A couple in small-town Ontario, Canada, retired at relatively young ages – 57 for him and 54 for her – and they are now questioning whether their decision was the right one. Malcolm, now 60, has just started to take early Canada Pension Plan benefits, while Laura is 57. They have a mortgage-free house and are looking to help their 25-year-old daughter with a down payment on her first home. With substantial …

Tragedy in Sparks: Early Morning Shooting Claims Life; Suspect in Custody After Cooperating with Authorities

Sparks, NV — A fatal shooting incident in the early hours of Thursday left one woman dead in Sparks, and the shooter has since cooperated fully with authorities. Local police responded to a distress call at about 2:30 a.m. and found the woman with life-threatening injuries. Despite efforts to save her, she succumbed on the scene. Initial investigations suggest an altercation erupted between individuals at a local residence, leading to the fatal shot being fired. …

Tragic Dawn: Early Morning Shooting in East Valley Claims Life

Phoenix, Arizona – A man was fatally shot early Thursday in the East Valley area, prompting a police investigation into the violent incident that unsettled the normally quiet neighborhood. Authorities were called to the scene around 4:15 a.m. following reports of gunfire. Upon arrival, officers discovered a man with multiple gunshot wounds on Sandalwood Drive, a residential area known for its peaceful community. Emergency medical personnel attempted lifesaving measures; however, the victim was pronounced dead …

Finances and Freedom: Married Lawyers Face Off Over Early Retirement Plans

Atlanta, GA – Two married lawyers in Atlanta, Rachel and Brian, are facing a financial dilemma as Brian aims to retire within the next year or two. With a joint net worth of $2.3 million, the couple has a combined annual income of $270,000 and minimal debt. However, their differing attitudes toward money and separate finances have led to a major disagreement about Brian’s early retirement plans. Rachel, 51, expressed her shock and anxiety when …

Tragic Early Morning Drive-By Shooting Claims Life in Morris Heights

New York, NY – A man lost his life in a brutal drive-by shooting incident in the Bronx, police said on Tuesday. The shooting took place in the Morris Heights neighborhood, a bustling residential area known for its community spirit. According to authorities, the incident occurred on Monday evening. The victim, whose identity has yet to be released pending family notification, was reportedly standing on the sidewalk when an unknown assailant opened fire from a …

Southport Community in Shock After Postman Stabbed During Violent Early Morning Robbery

Southport, England — In an unsettling incident, a Southport postman suffered multiple stab wounds during a robbery while fulfilling his early morning rounds. Local authorities report the attack occurred on Friday, plunging the normally quiet coastal town into concern and fear. The victim, whom police haven’t named, encountered his assailant around 5 a.m. within a residential area typically known for its safety. Officials describe the event as a targeted attack resulting in “serious but not …

Tacoma Neighborhood on Edge as Police Investigate Early Morning Homicide; Gunman Still At Large

TACOMA, Wash. – A Tacoma neighborhood was reeling after a fatal shooting occurred early Saturday morning, police officials reported. The incident, which took place just before 2 a.m. in the vicinity of South Hosmer Street and South 93rd Street, is currently under investigation as a homicide. Upon arrival at the scene, Tacoma Police Department officers found a man suffering from a gunshot wound. Immediate medical assistance was provided until further medical responders arrived, however, the …

“Pension Puzzles” – Navigating the Windfall Elimination Provision and Early Social Security Benefits

AUSTIN, Texas – Many individuals face uncertainty about their Social Security benefits, especially when it comes to factors such as pensions and continuing to work. One such individual, a 63-year-old state employee from Illinois, seeks clarity on whether their Windfall Elimination Provision (WEP) reduction will be eliminated if they continue working in a job that contributes to Social Security. The Windfall Elimination Provision (WEP) is a rule that applies to individuals who have earned a …

Retirement Age Flexibility: The Potential Blessing and Curse of Early Social Security Filing

Philadelphia, PA – Seniors in the United States have the option to choose their Social Security filing age, but this decision comes with both pros and cons. Many may find it appealing to receive their money sooner, especially if the need is urgent. However, filing early could lead to long-term financial difficulties, making it crucial to carefully consider the implications of such a decision. When discussing early Social Security claims, it typically refers to signing …