Curated articles and podcasts from trusted financial experts and real retirees.
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Hiya, first post in this sub, but I've been in the personalfinance sub for years. This is an honest question, so please don't knee jerk assume I'm some kind of doom and gloomer. I'm recently retired, ...
I'm recently retired (June 1 last year), and so far, things are going well. Something that recently came to mind, regarding retirement funds, that is a new concern. Because of the way things rolled ou...
Just turned in notice(64m). Seven weeks till last date. Currently focused on Medicare selections as well as planned and expected gap period for medical coverage/cobra or private. So no questions there...
Better to be lucky than good! I am almost 61. We have cash already saved to bridge to our target SS filing age that should cover 5 years of expenses (rental income will make up part of the total we ne...
There may be a simple method for managing our time that also helps us avoid financial burnout....
The Roth or traditional 401(k) decision can be complicated for high-income professionals. Consider these factors to best protect your income. The post Should You Make Roth or Traditional 401(k) Contri...
Welcome to this Week’s edition of the Sunday Best, and a happy (belated) Valentine’s day to you! We’re reading everything ... Read more...
Each of these have been proposed - no farther than just getting an SS actuarial analysis. I have not included the analysis of each but you can see them at link below.. SOME of these proposals will INC...
People love to say that raising kids costs a fortune. That’s only true if you decide to make it true. The real problem isn’t diapers or school supplies, it’s oversized houses, expens...
Cash is king in retirement. That’s where a short-term vacation rental can change the income equation....
Better cash flow management could have a bigger impact on your retirement savings than simply making more money. Here's how to manage that....
Do you know the difference between tax avoidance and tax evasion? Here's how to avoid frivolous tax arguments that may land you in jail. The post What Are Frivolous Tax Arguments? appeared first on Th...
There are some things the IRS DOESN’T want you to know about your taxes in retirement. And they could needlessly cost you a fortune! Learn more in the latest episode…...
2025 presents an array of opportunities for people to strengthen their financial futures. New policies will go into effect that are designed to help those approaching retirement maximize their savings...
When you retire is a personal decision. Learn if you can retire, look at your time horizon, spending desire, investment portfolio, and risk tolerance....
Travel is transitioning to a more leisurely pace for many Americans who are seeking out detour destinations and local experiences for their hard-earned vacations....
Tax language may not be overly romantic, but mastering it could render sweet rewards. Here’s how to flip a 1040 form into a love letter....
A new analysis finds that a diligent saver who leaves the money untouched for decades can accumulate $1 million. But not everyone with an H.S.A. can afford to leave the money untapped....
Are you making the most of your wealth opportunities, or are common financial myths holding you back? In this episode, Tyson and Ryan Thacker chat with Tom Hegna, a renowned…...
To read this story on KSL.com, click here. Imagine waking up tomorrow morning – and going to work is no longer a necessity. It’s now a choice. This dream of…...
More than 1 in 3 Americans don’t get enough sleep, and companies are waking up to the slumber-focused opportunity. But gadgets and devices to help catch up on shut eye can get costly....
Early February saw earnings and outlooks from a diverse roster of companies in entertainment, tech, and other sectors as tariff talk dominated the headlines....
Learn how to relate your money with a sense of gratitude by using these 20 money affirmations....
Those in the market for a big sparkler could be in for reverse sticker shock. Natural diamond prices have fallen 26% over the past two years....
This is a follow-up to our post of October 14, 2024. In this follow-up post, we will estimate Social Security’s January 1, 2025 Funded Status based on 2024 valuation results and once again point...
Episode 463: Ignore the contemporary arguments about free trade. There is no free trade. What there is, is government policies that attempt to distort market forces. Tariffs are in the news, but dereg...
With a majority (87%) of people "fed up" with rising prices, more than a quarter (27%) have hit a pricing limit when it comes to groceries and household goods. This may be one of the reasons why Calif...
Here’s a retirement spending strategy that offers a realistic balance between frugality and outliving your savings by spending too much money....
Bad: stubborn price increases. Surprisingly good these days: Your ability to outrun them....
Some people work for decades, hoping to retire someday. I wasn’t interested in someday. I bought my first rental house at 20, picked up more over the next few years, and let real estate do the h...
Whether by choice or circumstances, there are some challenges to retiring alone. Here are 17 tips for a secure, happy and single retirement. The post 17 Powerful Tips for Retiring Alone (Or, If You Be...
Explore 12 ways to make great passive income for retirement. Get detailed resources for your retirement plan. Read now! The post Passive Income for Retirement: 12 Creative Ideas to Boost Your Financia...
Retirement for couples: Cover these 10 topics to survive retirement with your spouse. Communication is key, especially when it comes to money. The post Retirement for Couples: 10 Essential Planning Co...
Midwestern Millionaires might not live in the Midwest, but they share a saver's mindset. These strategies are for those who have saved $1 million or more....
There are actually a few good reasons to hire your spouse in your business. But you probably won't come out ahead financially by doing so. The post Why Hiring Your Spouse Is (Probably) a Bad Idea (Eve...
I am approaching 61 (in a few months) but I’ve achieved my savings goal which should prove a moderate to comfortable lifestyle according to Australian retirement standards. I also am eligible as...
I have a situation where I want to ensure that my spouse does not get manipulated by our relatives after my death. My spouse has always been a very giving person, and I feel the need to protect our as...
To maintain the buying power of a pension that has no cost of living adjustment, what percentage of the pension would need to be reinvested in the market each year? Suppose the pension is $30,000 and ...
I apologize if it is a stupid question but I just don't understand the process. I was reviewing my SS dashboard to see the estimates. That is just for planning. Now I still have at least a decade till...
Recently, I went off the deep end—living like a degenerate gambler and party animal—and I wanted to reflect on it. Perhaps to nobody's surprise, I don't think having extreme amounts of fun...
If I were a high-earning W2 employee, I wouldn’t just accept a massive tax bill as the price of success. No group in America gets taxed harder, and unlike business owners or investors, W2 worker...
If retiring cold turkey isn’t for you, consider a phased retirement that lets you scale back at work and ease into retirement before eventually stepping away completely....
From independent living to continuing care retirement communities, retirees have a lot of ways to live out their golden years. But it ain’t cheap....
What a start to the new year this has been, and it’s only fricking February! While the US news has been bombarded with so much crazy crap that I can’t even keep up with it anymore, the new...
In this episode, we dive into Stephen’s fascinating question about estate planning for the far future—trusts designed to preserve wealth for individuals who undergo cryonic preservation. I...
To qualify for federal disability benefits, individuals must demonstrate that a medical condition prevents them from working. But some disability beneficiaries do work and those who earn more than Soc...
We have never been big fans of Monte Carlo models for determining how much one can afford to spend in retirement from year to year. As actuaries, we believe that following the simple “3M” ...
I have a theory that those who have no trouble with adjusting to the slower pace were overloaded prior to retirement. I’m just curious, but looking for anecdotal evidence to support this. As a l...
How many vacation days did you take this year? How many does your employerallowyou to take? Did you work through ... Read more...
Something Changed on the Social Security Yearly Statements. I am very diligent about getting my SS Yearly Statements from their website. (I also run a Benefits Estimator set of reports - using income ...