Curated articles and podcasts from trusted financial experts and real retirees.
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Hi everyone. I (55m) have been spending lots of time lately trying to picture life in retirement. I know that the "right" way to plan for retirement is to figure out the budget you need and then save ...
I am 65 and still working. Still under the company health insurance and using the high deductible plan. I max out my HSA contribution and the company adds $167 per month to my HSA, as an incentive to ...
56F here. Single. Will be retiring at 60 so just about 4 years from now. I really love to travel and the beach. My thoughts are to go to one area at a time, rent Airbnb by the month, move to another a...
Time for another reader case! This one really jumped out at me for reasons that will become obvious in a minute. Hi Kristy and Bryce, I want to first say y’all are awesome! I’m writing aft...
Drew Shockley of MOVE Health Partners joins James to address questions about Medicare. He overviews the Medicare system, explains Parts A, B, C, and D, and breaks down what Medicare does and doesn&rsq...
With the New York Times article on Fat FIRE, I've been thinking a lot more about the repercussions of achieving financial independence and retiring early. One of those repercussions is that financial ...
There are many reasons to avoid probate when planning for your estate. Avoiding probate avoids the hassle of having to go to court, which can be costly....
The IRS again waived the required minimum distributions for inherited IRAs. But not taking a distribution could cost you more over the long term....
It’s easy to see why people are searching for free or inexpensive things for families to do this summer – summer isn’t cheap! Mass Mutual reports, “Nearly half of Americans pla...
Do you want to level up your financial game while finding inspiration in the stories of your fellow physicians? From ... Read more...
Hi all, I’m planning on retiring in the next 13 months. Got all planned, financial, mental stimulation, fitness, wellbeing and social. Mentally I’m ready. The problem I have is that I don&...
I will be retiring in a couple of years (age 67) and would like to move near my son. He lives in Orange County. I currently live in the Midwest where winter is about 6-8 months long. I want to get awa...
I have studied and understand the implications of Pascal's wager and its various extensions on aspects of daily living. I have lived my life uncertain but not willing to take infinite risks, which add...
Lately, my YouTube feed has been full of new car reviews. How did this happen? I must have Googled a new car or watched a car video. Ah… I think I got it. Last month, I complained that a new ca...
I just came back from visiting friends I'll call the L's. He retired from a state job and between pension and SS, his income is more than what his take-home was while working. She's still working but ...
So we are about a year from retirement and I'm finding my relationship to time has been shifting. For the past couple years I've been anxiously obsessing over the countdown. I constantly look backward...
FROM ARTICLE - SEE ARTICLE FOR MORE! A new study shows more Americans mulling early exit from workforce. Here’s what to look at before you leap. By Donna Fuscaldo, AARP. Published May 20, 2024. ...
As you navigate through your college years, balancing academics and finances becomes a crucial aspect of student life. While managing expenses is essential, finding ways to earn money while you study ...
Knowing about Medicare IRMAA surcharges could lead many people to make different retirement-planning choices leading up to becoming eligible for Medicare....
By Dr. Jim Dahle, WCI Founder By virtue of their high income, a physician's family situation is likely to differ significantly from that of the average student's family. Average students and parents w...
By Christopher Avery, Guest Writer “Death never takes the wise man by surprise, he is always ready to go.” — Jean de La Fontaine Most people are un- or under-prepared for their inevi...
[Editor's Note: For those who want to inspire the WCI community and teach the knowledge they’ve gained in the financial and/or wellness spaces, we are officially calling for WCICON25 speakers. W...
By Dr. Jim Dahle, WCI Founder I tell new attending physicians (and their equivalents in other professions) to live like a resident for 2-5 years after they finish their training. The meaning of those ...
– Almost nineteen years into early retirement now, I’ve come to realize that the complete freedom of this lifestyle can be a double-edged sword. You’ve already heard me raving plenty...
When we talk about solar panels, we often think about how good they are for the world. It has perks and saves money. But do solar panels really save money? There will be times when we buy things, leas...
As a stay-at-home mom, you offer a unique level of resourcefulness, creativity, and organization, making you an ideal candidate for a slew of side hustles. Below, we’ve shared some of the top si...
The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading ... Read more...
By Dr. Jim Dahle, WCI Founder One of the greatest challenges of WCI is answering Speak Pipe (pre-recorded) questions on the podcast. While Megan Scott (podcast producer) and Wendel Topper (AV guru) sp...
Today, we are answering your asset allocation questions. We talk about how to adjust your asset allocation and when to do it, what changes with asset allocation when thinking about your long- vs short...
You can retire early by 50 or 55 if you take these FIRE (Financial Independence, Retire Early) steps now....
Don’t take a non-expert’s advice on when to claim Social Security benefits — they don’t know everything about your unique situation....
If you don’t have children or a support system of close friends nearby, you face some special challenges. For peace of mind, answer these seven questions....
For many people, the subject of money carries a certain stigma in social settings, especially when discussing income, retirement savings, ... Read more...
... but my friends keep telling me that condo fees "go up all the time." Is there are truth to this? If you own/have owned a condo, what was it like? Please tell me the good, the bad and the ugly! (Th...
What happens if a water wheel stops moving? On this episode we draw some comparisons with the age old water wheel and retirement income streams. Glenn is available for in person and online meetings if...
The earlier you begin trying to save, the easier you’ll make things for your future self....
A long and happy retirement takes more than just money. Here are seven things happy retirees do – besides dutifully saving the money they’ll need to quit the 9-to-5 grind....
Gen Xers & young Boomers see retirement on the road ahead. Here's how to take retirement for a test drive and reduce the chances that your retirement buy is a lemon....
A common expense that isn't included in the Consumer Price Index increased rapidly the last few years....
This is not an easily answered question, other than 'when you’re the youngest and healthiest you can be.' Your occupation, habits and extracurricular activities will also affect your premium....
In some cases, you could buy life insurance instead and get a better deal in protecting your spouse. There are some things to keep in mind, though....
There are a number of reasons why an adult may decide to have a roommate or romantic partner move in with them. They may be in love and want to share their life with someone. They may be worried about...
This week’s post is a video conversation with Ben Reynolds of the Sure Dividend Newsletter. Watch it below or click over to YouTube for this 50-minute chat. Stay tuned until the end when Ben sha...
There was another post recently, its now locked, about retirees who downsized to a guest house on their child's property and how freeing it was. We did something similar, sold our house and moved into...
A loan can provide a safety net for emergencies or business expansions. When used correctly, the financial assistance you get can propel you to prosperity by bridging aspirations with realities. It&rs...
Originally, I planned to title this post, “Getting Rich by Getting Lucky Doesn't Feel So Good.” However, after some time, I realized that getting lucky actually feels better over time! Thi...
Follow these strategies to maximize your IRA and minimize the effects of taxes....
May 16, 2024 – Welcome to another Safe Withdrawal Rate Series installment. Please see the landing page of the series for a guide to all parts so far. In Part 60, dealing with the “Die With...
This post was contributed to Leisure Freak by freelance writer Sarah Woods. Deciding whether to rent or own in retirement is crucial for crafting a retirement lifestyle uniquely all your own. This cho...
A fat savings account may feel good, but letting your money just sit there could cost you more than you realize....