Credit Infocenter

Entries Tagged as 'Retirement'

Does Credit Score Matter Less After Age 70? Nearly Half of Baby Boomers Get It Wrong

March 4th, 2016 · No Comments · Retirement

While most retirees may not need good credit for financing a home, there are plenty of other important things they do need good credit for. In fact, if you consider the added expense of medical care and assisted living or nursing home care, a good credit score in retirement may be more important than ever.

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How Do You Decide Between Monthly and Lump Sum Pension Payout?

January 15th, 2016 · No Comments · Retirement

Companies are increasingly offering employees the option of a monthly payment or lump sum pension payout. Problem is, retirees are not always provided information necessary to decide. The CFPB aims to help with pension payout guide.

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3 Keys to Long-Term Savings & Investing: Financial Wellness at Work, Planning for Retirement Tool, myRA

November 19th, 2015 · No Comments · Retirement

If planning for your retirement years seems like a daunting task, what do you think of the simple foundation laid out by Consumer Financial Protection Bureau (CFPB) Director Richard Cordray? At this week’s meeting of the Financial Literacy and Education Commission, Cordray spoke on three key elements of smart long-term savings and investing. Financial Wellness at […]

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