Ross Blair is the founder and Chief Executive Officer of eHealthMedicare.com, a website that makes it easier for seniors and their caregivers to select and enroll in the best Medicare products for their specific needs.
The Centers for Medicare and Medicaid Services (CMS) is now offering a new open enrollment period for Medicare Advantage Plans. Each year between January 1 and March 31, seniors can switch to Original Medicare, change Advantage Plans and more.
The "4 percent rule," has taught retirees that if they spend no more than 4 percent of their nest egg each year, their savings will last 30 years. But, the rule may need some adjustment, in light of today's economic reality.