Curated articles and podcasts from trusted financial experts and real retirees.
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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....
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'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...
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...
In October 2023, my passive income took a significant $150,000 hit, representing a decrease of 39%, following the purchase of a new house. It was funded by proceeds from selling public stocks and bond...
I use the free Fidelity retirement planning tool to keep an eye on our current investments relative to our spending. Using that tool revealed two fundamental drivers of financial success in retirement...
A recent survey revealed that 24% of respondents are thinking about decreasing 401(k) contributions to free up more money.¹ We get it. Times are hard for some people right now. If you are stresse...
[Editor's Note: As you transition from residency into becoming an attending, it’s key to learn about saving and investing with your increased income, paying off student loans, and getting the ri...
With AI on the horizon to enable the optimization of retirement income plan choices, the retirement fortunes of retirees are about to improve....
Investing decisions can be daunting, but following this five-step process can make it easier to figure out how to allocate your investments....
Social Security COLA forecast adjusted to 2.6% in 2025. That's bad news for retirees still struggling to keep up with inflation....
Social Security is still drifting toward insolvency, according to the program's board of trustees. Here's how to reassure worried retirement savers....
Medicare covers “cataract surgery that implants conventional intraocular lenses (within the eyeball).”...
There's Medicare Part A, Part B, Part D, Medigap plans, Medicare Advantage plans and so on. We sort out the confusion about signing up for Medicare — and much more....
Some economists argue that tax-advantaged retirement plans are not as beneficial as they seem....
It’s pretty crazy to think that we’ve now been living in an RV for over 7 months. Yes, we’ve taken a couple of breaks and stayed at my mother-in-law’s house for a few weeks twi...
Meet the schemers and savers obsessed with ending their careers as early as possible....
Before we delve into the topic of opportunity cost, a disclaimer: In the eight minutes or so that it would ... Read more...
If you’ve been reading Can I Retire Yet? as long as I have, you know there’s been no shortage of coverage on retirement calculators. While doing research for this post, I dug up 22 such ar...
I was fortunate to have a pension and took a lump sum after over 20 years. It was a contributory pension that allowed me to contribute 1.5% of my salary monthly for a higher pension. I'd like to calcu...
I have started reading posts and am starting to go through the wiki, quite a few good posts I've already seen and a ton of info on other things I need to consider. I'm 50 and looking at retirement dow...
In this episode of "Rock Your Retirement," host Kathe Kline is joined by guest Barbara to share an intimate and deeply personal conversation about Barbara's journey with breast cancer. Barbara leads t...
I kept my promise. Over the past two weeks, we took a vacation and I promised I wouldn’t be active on my blog while I was gone. I’m proud to report that I never touched my blog while trave...
By Dr. Rikki Racela, WCI Columnist As I delved into my financial literacy journey—which included reading the first couple of WCI books, reading this blog, and taking the Fire Your Financial Advi...
By Dr. Jim Dahle, WCI Founder I've written several posts about Bitcoin and other cryptoassets over the years. The whole subject is fascinating, even though I don't invest in these assets. It has been ...
By Andrew Paulson, Lead Student Loan Consultant and Co-Founder of our partner site StudentLoanAdvice.com Since its introduction in the summer of 2023, the Saving on a Valuable Education (SAVE) repayme...
Photo by: jb While it may seem like a simple idea to just make your estate the beneficiary of your IRA, thereby allowing you to make adjustments to your final beneficiaries via your will – there...
Doctor visits and medications are only part of the challenge of health care costs — there’s also long-term care planning. Here’s what you can do....
Owning a property in Italy where you can stay when you visit and rent out when you’re not there requires very careful planning....
Hey everyone! Wow, it’s May. The months are flying by so quickly. That’s what happens when life is good. April was a busy month for me. I went to the gym, delivered some lunches, worked on...
I decided to do some consulting for my former employer at their request, with guard rails that it be half-time, six months duration, and that it’d be W2 so I don’t have to form an LLC and ...
Wondering if anyone is in the same boat as I am. I turn 62 in December. Have a good job I like but my health is failing. Cardiac issues. I plan on retiring in Jan. My wife has a great job that she lov...
Are there travel groups / clubs for those interesting in “short” excursions. Like 10-20 people wanting to drive Seattle to Anchorage or any trip with interest. Each would drive their own v...