Curated articles and podcasts from trusted financial experts and real retirees.
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In a new survey asking retirees what surprised them about being retired, the big winner – for 43 percent – was how much they’re enjoying it. The rest of the survey indicates that the...
By Dr. Dan Fosselman, Guest Writer There are multiple rules of thumb in personal finance. Set aside 15%-25% for savings, don’t spend more than 30% on housing, tithe 10%. John Maxwell, an author ...
You may feel like a mortgage prisoner, but your options may be more doable than you think....
On August 7, 2023, I received an email from Amy X. Wang, the assistant editor at the New York Times Magazine, inquiring about the modern-day FIRE movement and its Fat FIRE offshoot. Amy is a self-proc...
Everest, Inc. author Will Cockrell discusses why high-net-worth people flock to climb Mount Everest....
Relocating to Europe for retirement or just because could be more complicated than you might think. Here are a few things to think about....
Watch this free clip from the “Estate Planning in Your Retirement” online course. Shane Perry, a TRS financial planner and course instructor, walks us through three possible scenarios for ...
Forget about endowments and their holdings and divestment for a minute. What do you stand for, and how can you make your portfolio reflect that?...
A bill was recently introduced in the House by Rep. Angie Craig (D-Minn) called "You earned it You keep it". It would eliminate federal taxes from Social Security wages. A windfall for most retired pe...
This is my first Saturday of being retired. I finished my last work project on Wednesday and it's taken me until today to start to feel like maybe it's true. I started to know I needed to retire about...
I am well situated right now. However, if my spouse dies, I can imagine living an expat life in Europe at least for a while. (He has health problems, and is a homebody. When I travel, I go with my sis...
I (F 62) am getting ready to retire August 1st. I'm ready, and have run the numbers, and while I won't be swimming in money, I'll get by with SS and pension, and hubby's SS and pension, plus my 457 an...
I know so many people talk about moving post-retirement for better weather or family or cheaper living. I live in a HCOL area that I located to for my career a couple of decades ago— other than ...
Forbes compared more than 800 locales in America on everything from housing costs and taxes to healthcare, air quality, crime and climate change and natural hazard risk. These are the top 25 cities fo...
Many people skip over retirement planning specifics that could help them create a stronger plan that would better match their needs. Here’s how to not do that....
In 2014, my wife retired from her high-stress pathology practice at age 48. She walked away for a specific reason ... Read more...
Many factors can influence the timing of a person's retirement, but new research shows nothing comes close to health problems....
Only 46% of Americans now say they expect to work full-time after age 62 — the lowest percentage in a decade....
Medicare Part A and Part B leave gaps in your health care coverage. But Medicare Advantage has problems, too....
By Dr. Tyler Scott, WCI Columnist As part of my application to dental school, I was required to submit a signed paper showing that I had completed 100 hours of shadowing in dental offices as a way of ...
I inherited my husband's IRA retirement upon his death. I am liable for Federal taxes if I transfer this to my IIRA retirement?...
I'm the new part-time mod ... LumberingOldMod (part-time ... because I still have a full-time job). I will try to help MidAmericaMom out with the Mod Queue. I will try to keep the same moderation styl...
Interest rates, inflation forecasts, and long-term market trends were just a few of the topics Matt Wilson, CFP® covered in our recent 2024 Q2 Market Update Webinar, "Gain Insights on the Economy ...
I retired a couple years ago and have found my groove and hobbies. If anything, I’d say I feel busier than I ever imagined I would be. Unfortunately I feel I have a void that I haven’t fou...
So I know I need to get an accountant but I wanted to know what other people have done? I plan on selling my house in CT and I know my house in Las Vegas is probably going to be a $100,000 more. I can...
Follow this estate planning checklist for you (and your heirs) to hold on to more of your hard-earned money....
One of my ongoing challenges as a writer is explaining financial concepts in an easy-to-understand manner. With a background in business school and 13 years in banking, financial concepts come natural...
Occasionally, the term “infinite return on investment” is mentioned in real estate investing. This strategy helps real estate and business ... Read more...
Looks like fintech is working its magic. Based on an inquiry from a reporter, my colleagues JP Aubry, Yimeng Yin, and Angie Chen have been fooling around with data on holdings of Roth IRAs from the Fe...
About one in four workers in their 50s and early 60s has a physical or medical condition that limits their ability to work. These impairments can upend retirement plans and force them to make financia...
Benefits for those who serve in the U.S. military can sometimes be complex and confusing. Here’s what to know about how to optimize some of them....
Save on taxes and donate more to your favorite charities by using a donor-advised fund, or DAF. Here’s how to maximize your giving with this strategic approach....
I've paid over $350,000 of rent in my life. That averages out to $2,500 a month since mid 2012. And, with near record interest rates and elevated home prices, I may end up paying another $350,000 in r...
Today, Dr. Jim Dahle is answering all of your questions about taxes. He talks about FICA taxes, quarterly estimated payments, IRA contributions and tax deductions, paying taxes when you work in two st...
Kyle and his fiancée are in their 30s, have done a great job saving, and are in a high tax bracket. Would it make more sense for them to contribute to their 401(k)s or Roth 401(k)s for retireme...
For retirees, these Canadian cities offer scenic beauty and amenities to enjoy....
How an obscure, 45-year-old tax change transformed retirement and left so many Americans out in the cold....
I think I've come upon an answer for my Roth conversion riddle. FYI, I have a large tax-deferred ("always taxed") IRA. I'm 63. I'm going to be a widower maybe in my early 70s (incurable disease proces...
We are so lucky to have a close group of friends for more than 50 years. Now that we are retired, we have been traveling together. Each trip we take, one guy becomes increasingly obnoxious and rude. H...
I'm a few years out from retirement, but have moved to fully remote work have a very flexible schedule. I'm trying to test run aspects of retirement especially regarding fully developing my social lif...
Investors should expect volatility but also try not to overreact to news. To prepare, focus now on tax minimization, protecting your portfolio and more....
Pursuing financial literacy and taking advantage of savings opportunities, such as employer-offered 401(k)s, can give women saving for retirement a leg up....
By Dr. Jim Dahle, WCI Founder I am continually surprised by the amount of panic in white coat investors who see news announcements that might affect their financial plans. Please remember that there i...
Age, chronic health conditions and living alone can put your aging parent in danger. Personal observation of how they are doing with activities can prevent fall risks....
What comes to your mind when you think about flying private? Here’s what I used to think — a swanky ... Read more...
Addressing many of the biggest retirement risks as defined by the Society of Actuaries and exploring the steps you can take to build a secure future. In one of my most recent episodes, my guest mentio...
Have you thought about retiring abroad? Oftentimes when we think of retirement, we think about sunny beaches with crystalline water shimmering in the sunshine. Could this or some other idyllic vision ...
Some people have bucket list items that don’t require any travel at all, like learning to play the piano or writing a book. Other people have travel plans but with a “just to go see it&rdq...
Let’s get back to basics—addition and subtraction two ways to get to the same answer. However, we have a tendency to stick with addition. Today we’ll learn how subtraction can help y...
For retirees, tax troubles from sunsetting irrespective of whether Congress goes red, blue or stays purple; and Social Security needs Congressional attention as well...