Curated articles and podcasts from trusted financial experts and real retirees.
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Use this free 401k early withdrawal calculator to understand the potential impacts of an early withdrawal on your long-term savings....
Get the details on 401k contribution limits for 2023 in order to determine how much you want to stow away in your employer-sponsored retirement account....
Almost two years ago, I wrote a post about some regrets I had early in my career. As I stated: While many of my friends went off to big tech firms (i.e. Facebook, Amazon, Uber, etc.) and got that swee...
November 2, 2022 – Thanks to everyone who took the time to take last week’s instant poll on spousal compatibility around retirement decisions. The good news is that the vast majority of yo...
As people live longer and costs keep climbing, we offer some tips on how to navigate the changing retirement landscape....
Some states have pension exclusions with limitations based on age and/or income. But these states don't tax pension income at all, no matter how old you are or how much money you have....
October 29, 2022 — The sad fact is, many men don’t do so well in retirement. After a lifetime of working, the loss of purpose can lead to depression and inactivity. So when our guide in Sc...
It's been a rough year for the 60/40 portfolio. As Charlie Bilello tweeted a few weeks ago, the 60% U.S. stock/40% U.S. bond portfolio is down over 20% year-to-date, its worst year since 1931: Part of...
October 26, 2022 – The topic of spousal compatibility around retirement planning is an intriguing topic. We are not talking about how you and your spouse or partner get along day to day, but mor...
Our thanks to the NY TImes best-selling author HALLIE EPHRON for allowing us to reprint this amazing story from JungleRedWriters.com. Decluttering, ridding out, downsizing, whatever you want to call i...
Here’s why a smaller, independent adviser could be a better fit for your retirement-planning needs than the big-name institutions....
With rising interest rates and record-high inflation, more people are looking to borrow money from their 401(k) plans. Before heading down that road, you need to know how 401(k) loans affect your reti...
October 20, 2022 — Our retired friend EZ loves a great train trip, and hates everything about flying. He resents getting to the airport hours early, parking in a remote lot, shuffling through se...
Beyond building your nest egg, understanding your ‘paycheck’ when you retire is key. The good news: There are many innovative strategies to help with that....
Imagine you are on the verge of retirement and you have a pension plan with your employer. Every year you have to make two decisions regarding your plan. First, you have to decide whether to retire (a...
When people are going through difficult times, it’s normal to feel a lack of joy. But even while struggling, the ability to find moments of joy can have profound and far-reaching effec......
October 17, 2022 – Medicare’s Open Enrollment Period just started on the 15th, and runs through Dec. 7. In case you forgot to enroll in Medicare when you first became eligible, now is when...
Running out of money is a retiree’s nightmare, but there are things you can do to protect yourself....
October 13, 2022 — Retirement communities can be interesting and intriguing places. Although a lot of people think there is only one kind of active adult community: places that offer cookie cutt...
A warning to high earners and super savers: That massive 401(k) or traditional IRA that you worked so hard to build may become a big problem in retirement, resulting in huge tax bills and Medicare sur...
In Ancient Greek philosophy there were three ways you could try to persuade someone. You could appeal to their emotions, what was known as pathos. You could appeal to authority or expertise, which was...
October 13, 2022 — It has been four decades since the Social Security COLA (Cost of Living Adjustment) was this high. The government announced the increase today, which came in as widely expecte...
Josh Gwin's answer: I used to have money with a financial advisor. In 2013 when the market went up 27%, my money went up 0%. I started learning how to manage my own money the next day. Here’s what I...
My mother died Monday night. She was 74. Earlier this week, I began writing a memorial for her. I know I haven't talked much about Mom here at Get Rich Slowly, but she probably played the biggest role...
October 5, 2022 — The Open Enrollment Period for Medicare starts soon, October 15, and runs through December 7. During this time you can join, switch, or drop a plan. Your coverage will begin on...
In 1862, Cornelius "The Commodore" Vanderbilt was on top of the world. He had just sold his steamboat business for $40 million, making him one of the richest men in America, and his favorite son, Geor...
October 4, 2022 — The loss of human life and billions of dollars in property damage from last week’s Hurricane is tragic. The storm also brought concerns for snowbirds – will their r...
Hint: It’s a little different than the usual retirement planning. When you want to retire early, there are a few extra considerations you need to think through....
Have you ever noticed that as a whole, our society has its daily habits almost completely backwards? We’re generally so “busy” that we don’t have time to get much exercise. And then we spend c...
Se Sept 30, 2022 — If you are a fan of Scotland and/or love fiddles, we have a great armchair visit in store for you, complete with short videos of mini-concerts on scene. Mrs. Topretirements, a...
September 28, 2022– As a follow up to our recent article, “There Might Be More Than One Kind of Home for You in Retirement“, this one concentrates on the latter stage of retirement. ...
It was the early 1990s and researchers at The University of Iowa were looking for a simple way to determine whether someone had brain damage in their ventromedial prefrontal cortex (vmPFC), an area of...
Sept. 27, 2022 – The leaves are turning and there is a chill in the air in the Northeast and Midwest. So it’s time we once again link to the “Snowbirds Leaving for the Winter Checkli...
I am 53 years old. Never in my life have I allowed myself to buy a car I truly love...until now. This is the story of how I allowed myself to make a huge purchase just for the joy of it. And it wasn't...
Sept. 22, 2022 — Thanks to the pandemic, the Russian invasion of Ukraine, and other factors, inflation is raging here in the U.S. and everywhere in the world. While early estimates are the 2023 ...
I've changed the way I shop over the past few years. And although the shift has been subtle, I've found that I'm much happier with the things I buy. In the past, my approach to shopping was simple. If...
It often makes financial sense to relocate in retirement, especially if your state has high taxes. But what are the best states to retire in 2022?...
A few weeks ago, this TikTok video about how much a couple spends on a date night in the midwest, went viral on FinTwit (financial Twitter): https://www.tiktok.com/@dollarswithdrew/video/7130826665240...
It's always fun to unearth some esoteric piece of personal-finance history. I know there are only a few nerds out there who care (hello, Grant Sabatier!), but those of us who care really care. Two yea...
For those thinking about retiring early, taking a long sabbatical, or doing something completely new, this article is for you....
Montana is great place to retire for its outdoor activities, relatively low cost of living, and low tax burden. Get our list of 10 top cities....
Five moves that you can make today to become financially independent more quickly. Inertia can be hard to overcome, but these are simple steps to take....
Roth TSP vs Roth IRA: If you’re a U.S. military member or a federal government employee, you're eligible for both. Discover which plan is right for you....
One of the most common questions I have gotten from readers is: Would it be better to invest more money following a market decline? For example, if you were originally investing $500 a month, should y...
Some of the old rules for buying versus renting when you're relocating are either outdated or don't apply to everyone. Here are some new rules....
For retirees who appreciate changing seasons and small-town charm, look no further than Michigan. Discover 10 of the best places to retire in Michigan....
A common question I get asked from individuals who started investing later in life is: How do I make up for lost time? Is there a better option than 'save as much as you can'? If you had asked me this...
Let’s jump right to the real news here: There’s a Netflix documentary that just came out TODAY* called Get Smart With Money Somehow old Mr. Money Mustache and several friends got lured into playin...
Last week, President Biden announced a policy that would forgive $10,000 in student loan debt for those individuals earning less than $125,000 per year with an additional $10,000 in forgiveness for lo...
A few weeks ago I wrote a post about inheritances that led to a discussion about how people spend their money in retirement. In particular, some readers were surprised to find out that only a small mi...