Curated articles and podcasts from trusted financial experts and real retirees.
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December 27, 2022 — In many ways 2022 was better than 2021, and far superior to the pandemic ruined bust that was 2020. People finally got to take all of their postponed trips from years before,...
The cost of hiring a financial advisor depends on several factors, starting with the advisor’s fee structure. This article covers expectations and average costs....
December 20, 2022 –  There is a new crush of retirees coming to town, and they are not Baby Boomers. Generation X, those born from 1965 to 1980, are finally getting their turn in the retire...
A reverse mortgage seems like a good way for seniors to tap the equity in their home, but what about the fees? Join us as we examine reverse mortgage fees and other costs related to a home equity conv...
This week the SEC filed suit against eight financial influencers from Atlas Trading, an online stock picking community, for manipulating their social media followers into buying and selling stocks for...
When I was six years old my parents declared bankruptcy. Within a year they were divorced. They met while working at McDonald's as teenagers. He was a cook and she worked the drive-thru. Neither of th...
December 13, 2022 — Way back in 2011 our faithful correspondent Jay Michaels shared his adventures from visiting the most famous active adult and 55+ communities in the Williamsburg, VA area. Hi...
December 11, 2022 — One of the best pieces of advice we have heard is to think about downsizing in retirement. Finding a smaller, lower maintenance place to retire can unlock equity in your home...
One of the reasons I don’t write as often these days is that my life has gradually evolved into a Personal Finance Bubble.  The people around me have learned to be purposeful with their money, ...
Today I sat down with Charles Payne at Fox Business to discuss how much growth you can expect in your portfolio, why the stock market isn't the economy, and how to prepare yourself for the possibility...
Dec. 7, 2022 — For the people who see red when they think about paying taxes, the good news is that there are plenty of tax friendly states to retire in. There are enough choices that they can p...
With 2022 coming to a close, it’s time for my annual tradition of gathering my favorite investment writing of the year. I started this tradition in 2017, and have continued it ever since (2018, 2019...
Being let go from a job later in life can lead to financial disaster, but there are some things you can do to help lessen the damage....
Understand the difference between the two types of retirement plans available for public sector and non-profit workers....
December 4, 2022 — Folks who were born in 1950 face their first Required Minimum Distributions (RMDs) from their IRAs and 401(k) type plans. The SECURE Act of a few years ago fixed the age for R...
Hello, friends. Just a quick note to let you all know that my life, at last, seems to be settling. A full two months after the death of my mother, the fog has lifted and I find that I'm motivated to p...
Imagine I present to you a magical box that can turn your money into more money. The only problem is that you don't know exactly how much more money you'll get from this box. You could put $100 into t...
November 27, 2022 — Researchers at The John Hopkins Sex and Gender Clinic have a message for people over 50: “It’s not just for young people.” In an article at AARP, Kate ...
November 22, 2022 — So you’ve done your research and found the best town and state for your retirement – great! But before you pull that trigger, here is one last checklist to go ove...
In my six years of publishing blog posts every Tuesday, I've never had the pleasure of releasing a post on my birthday...until now. But, rather than write one of those stereotypical "33 lessons in 33 ...
Planning for retirement can be exciting and a bit overwhelming. Discover the seven factors you need to consider for determining when to retire....
I saw the early warning signs, but later excused them all. First there was the friend of a friend who made 10x his money trading crypto in 2021 and told me that he "only needed to make 8x this year" t...
November 16, 2022 — With people more and more willing to travel these days, some of those trips will be to explore active adult or 55+ communities as potential places to retire. We have just upd...
One of the most important topics in retirement is Medicare. Here is the lowdown on how it works and what it may cost you....
You may have dreamed of a tax-free retirement, but if you live in one of the states that tax social security, your benefits could take a hit....
Update June, 2023 – In another development, Governor DeSantis recently signed the much anticipated Surfside Glitch Bill, SB 154, into law. The bill relieves some of the ambiguity in SB 154. It a...
Retirement planning can be exciting, but for many, the actual savings part can feel overwhelming. Learn about the different types of retirement plans here....
Nov. 10, 2022- A disturbing statistic emerged in 2021. In that year 10.7% of America’s over 65 population lived in poverty, up from 9.5% in 2020. While that is a lot better than the third of eld...
Do the wealthy invest differently from everybody else? And, if so, what can we learn from them? A month ago Bank of America released their 2022 Private Bank Study of Wealthy Americans, which attempted...
November 9, 2022 — Even though the Sunshine State typically adds 900 new residents every day, it still has plenty of detractors. You have probably run into many of them, often at a party where p...
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...