Curated articles and podcasts from trusted financial experts and real retirees.
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Many aging seniors fear getting dementia, even more than they fear dying. In fact, Alzheimer's Disease and other forms of dementia are two of the most popular health searches on Google. Although we al...
This decision isn’t easy, thanks to investment, tax and other considerations. Let’s explore the implications of each....
Much has been said about inflation hurting society. As people’s buying power decreases, life gets more costly. Heck, the Fed seems hell-bent on causing another recession to contain inflation. Ho...
It's always best to make sure you're prepared for retirement well before you get there. These four steps can help make sure you're ready....
In our last post, we indicated that there are several levers in the AFP that more conservative users can employ to reflect their lower tolerance for potential future spending reductions, including: Us...
Managing a zero-interest promotion so you don't get hit with a huge bill....
The IRS's 401(k) contribution increase in 2023 is nearly 10% over the previous year's $20,500 limit. What contributed to this rise? Is this an opportunity for you? If so, how can you take advantage of...
Denim and Diamonds It's easy to find a video with lyrics if you want one - the link points to video of a live performance (which are always my favorite). It's a banger. It's my jam. I hope you enjoy i...
Some elder you know may be alone in the world with no one to help or protect them as they age. The decision to help is a choice for an honorable person, the neighbor in this true story....
My wife and I are vacillating between moving to the Florida panhandle or north of San Antonio Texas. We have relatives in both areas. We've been to both places and done our research but still can't de...
Should I be contributing to my 401k or Roth 401k? My employer offers both and I currently contribute 4% to the Roth 401k and 3% to my 401k. Should I go full Roth? Currently make $135k/yr and anticipat...
Being self employed at 38 years old with 2 children. Asking my retirement people who I have utmost respect for. What did you do throughout your life for investing? submitted by /u/Square_Race_9107[vis...
Well, looks like it has happened again. Since the last time we spoke, I got sucked into building my 17th(?) kitchen, and I have finally emerged from its messy yet addictive grasp as I stand here at th...
Use Kiplinger's guide to 401(k) funds to boost the performance of your retirement portfolio. We analyze them and rate each one “buy,” “sell” or “hold.”....
The Corporate Transparency Act will affect many people and require reporting of entities that form the foundation of many estate plans....
Lost retirement accounts are a common issue as people change jobs but leave accounts with former employers. Here are some tips for finding the money....
Between spending time with family and dedicating her work to the U.S. National Parks, Nancy enjoys the freedom that comes with retirement....
Which asset bubble was the greatest in history? Was it the flower that once sold for the price of a house? Or the magic internet money that went up 10x in a little over a year? Or was it something els...
If you are retired and use a portfolio withdrawal strategy based on a formula, what do you do with unspent withdrawals at the end of the year? Put in a fun fund (spend it or lose it attitude), re-inve...
Our cognitive biases can get in the way of saving for the future, especially for retirement. Here’s how to recognize and overcome them....
Hi and thank you. My full retirement age is 66ys 10mo. I would like to take early retirement benefits around August 2023 when I'm past 64s of age. I plan to keep working full time making Federal adjus...
The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading ... Read more...
https://i.imgur.com/LOunOwh.png submitted by /u/fudgebacker[visit reddit] [comments]...
"A million dollars isn't what it used to be."...
I am a white collar western office worker in my beast years (40). With 2 degrees and 17 years of expertise I am reaping the rewards of hard and consistent work with good remuneration and a very promis...
Is self-employment a viable method to avoid the WEP penalty? In other words, suppose you "pay" yourself the minimum amount required for "substantial earnings" and then report that IRS and pay the corr...
Earlier this week, we examined why financial advisors might do this crap. Good financial advisors pursue certifications and take oaths ... Read more...
You don't always have to toil, sweat, and struggle to turn a little bit of money into a much bigger future sum....
How much will your expenses be in retirement? With soaring inflation, increasing longevity rates, the potential of higher future taxes, and the skyrocketing cost of healthcare and long-term care, your...
Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind....
You can still put money in an I.R.A. for 2022, and that’s better than not investing at all. But an early start would have given you a great advantage, our columnist says....
Is my Social Security "worth" $1m? I'm a high earner and I think the max benefit I'll get at 65 is something like $3,500/month. So yearly that's $42,000. Using the 4% rule that equates to about $1 mil...
submitted by /u/Dry-Tank-6152[visit reddit] [comments]...
[Editor's Note: It’s less than a week until the best medical conference of the year, and even if you can’t attend the Physician Wellness and Financial Literacy Conference (WCICON23) in per...
Thanks to the SECURE 2.0 Act, you’ll soon be able to roll over funds from your 529 into a Roth IRA, as long as certain conditions are met. Here’s what you need to know about the new change...
After decades of saving and investing, it is time to start taking income from your retirement account. Here are a few things to keep in mind....
submitted by /u/keeperoflogopolis[visit reddit] [comments]...
Frugality is hard habit — for some, it’s hard to learn, and for others, it’s hard to break. A lifetime, ... Read more...
Retired Money highlights Canadians think they need $1.7 million to retire, according to a BMO poll How to save $1.7 million in RRSPs Other factors for determining how much you need to save for retirem...
submitted by /u/wewewawa[visit reddit] [comments]...
So I posted a few days ago about retiring at 63 yrs old. https://www.reddit.com/r/retirement/comments/117hr3z/am_i_crazy_to_be_thinking_about_retirement_age_63/?utm_source=share&utm_medium=web2x&a...
ChatGPT has been making headlines since it launched last year and gained 1 million users in the first week. If you’re not familiar with ChatGPT, it’s an artificial intelligence computer pr...
I am looking to enroll in one to begin in April this year. I am currently looking at Optimum HealthCare, Inc. | Plan ID: H5594-002-0 but am seeing mixed reviews all over the place. I have medical issu...
I understand that the sooner you start collecting, the lower the amount you receive will be. But what about if you retire before you start collecting? Will the estimated amounts be lower than what SSA...
Planning to retire within 5 years. I live in an LA-area house that’s fully paid off. Looking to downsize then by buying a cheaper and smaller house, perhaps in southern OC or SD, and one in PHX....
Hi, I was wondering if you’re allowed to use social security survivor’s benefit / widow’s benefit payments to contribute to a personal IRA. My mom is 61 and is receiving benefits fro...
I'm amazed not to have read the following anywhere while planning retirement, so I thought I'd alert others to how delayed credits work. As you all know, your benefit is increased by 1/12 of 8% (2/3%)...
This year was the first year where we exceeded the income ceiling for being able to contribute to a Roth IRA. Of course, I didn't know that that would be the case until well after I'd already made my ...