The Most Overrated Things in Personal Finance
In the world of personal finance, we are constantly bombarded with messages about the "one thing" that could significantly improve our financial lives. Whether it be a particular kind of investment, a...
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In the world of personal finance, we are constantly bombarded with messages about the "one thing" that could significantly improve our financial lives. Whether it be a particular kind of investment, a...
The family and pets photos that mark my past seem to be now replaced by- things I find interesting. Please share your interesting photo (must be safe for work and please no people nor pets). This is a...
How do you find places to rent for 2-3 weeks without using Airbnb or other sites? I find their prices really high (often over $1k/week) which limits how many places I can check out. I like to cook and...
Are you a parent looking for the best way to build a savings account for your child? Here’s a common question many seek the answer to....
Many Americans depend on Social Security to make ends meet each month. Where you choose to live in retirement how much taxes you owe on Social Security....
– The other day, an MMM reader stopped by and left the following comment on one of my older posts about the principles of FIRE: “While I still find some of MMM’s advice relevant, it ...
Retirement planning isn’t only for those close to retirement. In today’s post, we’ll review essential retirement tips by age range ... Read more...
In 2019, I retired from the practice of medicine, giving up my day and night job as an anesthesiologist for ... Read more...
While incredibly popular in the ‘90s, recycling aluminum cans is still a beneficial habit for the earth and your wallet. Whether you’re racking up soda cans from a Diet Coke obsession or w...
Losing a loved one can feel truly overwhelming. From paperwork to arrangements to finances, the to-do list can be daunting in an already vulnerable time. One of the things that can help ease the finan...
The labor market still has room to grow, notwithstanding remarkable gains....
I’m 66 next month and on FMLA from my high stress health care job with a mean boss. I’m done. When should I apply for Medicare? I’ll loose my insurance from work April 10th if I don&...
Maybe those are two different things - I'm not sure. However, we have discussed the transition into retirement and how it's often not as easy, joyful, or smooth as people dream about. I retired as of ...
I spent 35 years as a high school English teacher. On a normal day, I'd engage with 150 students and teachers in any number of matters. On an abnormal day, maybe there was some crisis to deal with - l...
February 5, 2024 – Two recent papers in the personal finance area have caused enough of a stir that I’ve gotten numerous requests for comment. I noticed that if I compile all my notes, cal...
We’ve heard this hundreds of time... 'I wish someone had warned me about this when I retired.' More often than not, they're referring to one of five key challenges that catch many retirees by su...
The Sunday Bestis a collection of articles I’ve curated from the furthest reaches of the internet for your reading pleasure. ... Read more...
In this episode of "Rock Your Retirement," Barbara shares her incredible experiences from a three-week trip to Europe, including visits to Ireland, Iceland, and Spain. Barbara and her husband embarked...
My wife and I started Medicare Plan B on January 1, 2024. we received a bill for four months of premiums, which we paid in full. My wife decided just after January 1, to start Social Security. We rece...
First off, please ward off any shame about this. If you are having a tough time with financial survival in retirement, you are not alone. Also, please remember that those who share a common problem ca...
In a previous post I applied the 80-20 rule to the realm of cybersecurity. My aim was to motivate you to take action to protect yourself from identity theft and/or financial loss. I proposed that you ...
Episode 443: Why are investors and Wall Street ignoring the clear and present danger of geopolitical instability and escalation of war? Sign up for free ALERTs & Market Commentary at: https://www....
The Oscar nominee for ‘Killers of the Flower Moon’ shares the secrets to his legendary career...
We’re wired to give, so let’s do it better and let’s enjoy it more....
New research shows the degree to which your choice of college major and debt at graduation affect retirement savings....
Should a married couple sign a will contract to backstop their estate plan, especially in a second or later marriage? While these make sense, they can be problematic....
Irrevocable trusts that own or control entities raise complex issues for reporting under the Corporate Transparency Act (CTA)....
Influential organization’s support could build momentum for controversial bill...
The large asset manager has also appointed a new DC intermediary head to lead the program...
Experts say it might be much the same. I say that’s foolish!...
Social Security Administration Chief Actuary Stephen Goss believes the enactment could…...
Senators Casey, Wyden and Schumer add clout to bill aiming to build wealth for the next generation...
So I have a realistic budget built and was analyzing my required yearly withdrawals from my retirement along with social security etc. I made an assumption of 4%inflation each year. Looking ten years ...
I know that there’s lots of advice out there and of course much of it is contradictory. And also, there’s no “one-size-fits-all” answer. So I’m curious what all went into...
Passively managed ETF funds outperformed actively managed funds by $100 billion, reports Cerulli...
A Fidelity Investments study finds couples don't agree as much as expected with future…...
I applied for social security on 1/1/24. My application is still in the review process even though the ss website says 2-4 weeks. I can’t call or email anyone in ss. I want to give notice at wor...
Legislation that went into effect this year makes it easier for student loan borrowers to save for retirement while paying down their debt....
Congratulations for growing the sub to 50k, a milestone that's worth noting! ????The amount of time it takes to moderate the sub is quite a feat! Thank YOU, u/MidAmericaMom ( u/MidAM )! ??Love the Wik...
Parents can now convert their child’s favorite college savings tool into a retirement savings tool. The question many people are asking is “How do you do it?”...
I've been documenting my journey in Financial Independence Retire Early (FIRE) since July 2009. To the best of my knowledge, I can't identify any other blogger who commenced their FIRE journey earlier...
Making liabilities look small doesn’t make them go away. In doing background reading to figure out how many companies may follow IBM and reopen a closed defined benefit plan, commentators kept r...
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Taxes. If you are thinking about how to plan for them while in retirement this **LIVE only webinar might be for you. I see people commenting in our community and others like it, on this topic. A commo...
My plan is to retire in April 2024. Two years ago I converted my 401K into an IRA but I continued to fund the 401k (so I would continue getting matching funds by my company). So the 401K will be about...
Learn the warning signs to identify and steer clear of senior scams....
For myriad reasons, the 2 million older Americans who are raising their grandchildren get very little help in the form of government assistance. They tend to be from disadvantaged Black and Hispanic c...