Elliot Raphaelson: The Godfather of Financial Journalism

In this episode, The Annuity Man and Elliot Raphaelson discuss:  Making sure you get your full benefits  Eligibility in Medicare  Getting educated through books, experts, and classes The good and the bad of I Bonds    Key Takeaways:  Turning 65 doesn't automatically mean that you'll get your full benefits. You have to verify what your full retirement age is and plan accordingly.  Age 65 is the point at which you are eligible for Medicare. You'll get Part A at no cost. You'll get Part A at no cost. If you work the sufficient amount under Social Security, you'll automatically get Part A at no cost. Part B, which involves medical expenses, is not automatic. That means you have to pay for that.  Education is the best way to get the most benefits and the least problems. Read books, listen to experts, or try to attend classes that deal with finance topics you might be interested in. Do your own research, and don't get swayed by the media.  I bonds are a great way to earn interest on your money in inflationary times. However, you must consider the three disadvantages. First, you can only put a maximum of $10,000. Second, you have to hold it for at least one year, or else you'll lose three months' interest. Third, you can't put it in an IRA.    "I think it's important that people invest from a long-term perspective, and they need a diversified portfolio; you don't want to have all of your eggs in one basket. If you're young, start investing early." —  Elliot Raphaelson.   Resources:  Medicare and You: https://www.cms.gov/Outreach-and-Education/Outreach/Partnerships/MY  "Get What's Yours for Health Care" by Philip Moeller: https://www.amazon.com/Get-Whats-Yours-Health-Care/dp/1982134259  "How to Make Your Money Last" by Jane Bryant Quinn: https://www.amazon.com/Make-Your-Money-Last-Indispensable/dp/1982115831  "The New Retirement Savings Time Bomb" by Ed Slott: https://www.irahelp.com/  "The Truth About Crypto" by Ric Edelman: https://www.amazon.com/Truth-About-Crypto-Easy-Understand/dp/1668002329  "Retirement Planning Guidebook" by Wade Pfau: https://www.amazon.com/Retirement-Planning-Guidebook-Navigating-Important/dp/194564009X  Purchasing I Bonds: https://treasurydirect.gov/      Connect with Elliot Raphaelson: Articles, "The Savings Game": https://tribunecontentagency.com/premium-content/business/personal-finance/the-savings-game/  Amazon: https://www.amazon.com/Elliot-Raphaelson/e/B001KE4AM4%3F      Connect with The Annuity Man:  Website: http://theannuityman.com/  Email: [email protected]  Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!