Seeking Retirement

Income

Retirement income is the money you receive from various sources during your retirement years. It's important to plan for retirement income, because you will no longer be receiving a regular paycheck from employment.

Showing 50 results of 1038

Three Tax Reasons to Retire in Panama

With low property taxes and tax-free foreign income, this tropical paradise could make you rethink retirement as a U.S. expat....

kiplinger.com Oct 17 2024

Retirement asset allocation, am I being an idiot?

I just moved all the allocations in our 401k to 10/25/65 Total international equity/Large Cap Value/Fixed Income Bond edit: (Pimco PIMIX). I wanted the equities to be non-tech stocks as I think they'r...

reddit.com Oct 13 2024

renting or buying in retirement

We own our home and will retire in 2-3 years (me at 70, my wife at 65). We have adequate retirement income to cover expenses. We live in a small town that is unfortunately quite a ways from either of ...

reddit.com Oct 13 2024

$1 Million for Retirement — Or a Longer Life?

A new study shows that 51% of Americans prefer adding $1 million to their retirement accounts over adding five healthy years to their lives. Many Americans believe they need a six-figure income to ret...

kiplinger.com Oct 04 2024

The Doctors Guide to Paid Medical (Physician) Surveys

With physician surveys, you can increase your income without negotiating a raise or taking on more work. Here's how to get started. The post The Doctors Guide to Paid Medical (Physician) Surveys appea...

whitecoatinvestor.com Oct 03 2024

I Knew Money Can Buy Happiness

In 2010, Nobel Prize winners Daniel Kahneman and Angus Deaton found that happiness rises with income up to about $75,000 a year*. After that, more income doesn’t increase happiness. However, ......

retireby40.org Sep 30 2024

What to Do If Your Doctor Spouse Dies Young

As doctors, we know people die all the time. Financially speaking, it's a massive tragedy to lose income when others are depending on it. The post What to Do If Your Doctor Spouse Dies Young appeared ...

whitecoatinvestor.com Sep 18 2024

Starting to think of retirement ... looking for advisor

I'm just now starting to think about retirement. I'm 63, and currently working full time with a decent income. Work is getting stressful and I'm asking myself why I bother with it. I've met with an ad...

reddit.com Sep 17 2024

Temporary Rent Assistance Promotes Job Stability

Critics of temporary rental assistance argue that it gives people the financial leeway to work less. But that was not the case for low-income workers in Chicago. The workers, who received up to $1,000...

crr.bc.edu Sep 10 2024

Taxes in Early Retirement

Want a massive tax break? Retire early. Retirement income receives much better tax treatment than earned income. The post Taxes in Early Retirement appeared first on The White Coat Investor - Investin...

whitecoatinvestor.com Sep 04 2024

How Much Money Do You Need to Retire ASAP? - 493

Can "Alanis" retire early at age 60? With "Barney and Betty’s" spending patterns, can they retire ASAP? "Daisy and Donald" need retirement income for 40 years. Can they retire now? That’s ...

purefinancial.com Sep 03 2024

How to calculate post-retirement expenses

I'm 60M, two kids still in high school, just bought a house to ride out the high school (and college? dunno) years. I have good income and decent-not-great retirement accounts for my age. My kids also...

reddit.com Aug 20 2024

The Wonders of Telemedicine for a Doctor

If you want to increase your income, telemedicine can be a viable option, and it can be done from the comfort of home. Here's what to know. The post The Wonders of Telemedicine for a Doctor appeared f...

whitecoatinvestor.com Aug 12 2024

8 years left, I'm tired of working

I worked long and hard to make it to my role now where I make $130k per year. I am 59. I'm saving 45% of income and have $225k in retirement accounts. My plan on paper is to quit working at age 67. Hu...

reddit.com Aug 08 2024

When is the Best Age to File for Social Security?

Did you know… 96% of Americans forfeit an average of $111,000 in social security income… And it’s all because they file for their benefits… at the wrong time. Discover how&h...

bossretirement.com Aug 06 2024

A Tax Tip to Fatten Your Bottom Line

Last month I wrote about how I’ve used the Affordable Care Act (ACA) to bridge the gap to Medicare. I pointed out that lowering the adjusted gross income (AGI) I report on my federal tax return ...

caniretireyet.com Aug 06 2024

Wise Lifestyle Changes to Save Money During Retirement

It's pretty obvious that people who are retired generally receive less income. The question then becomes how do you stop your money from flying out the door? It's an age old question that everyone has...

baby-boomer-retirement.com Aug 02 2024

How to Avoid These 6 Costly Roth Conversion Mistakes

Roth conversions can be an effective strategy for creating tax-free income in retirement. But Roth conversions can also get complex, and if you’re not careful it’s easy to make mistakes th...

physicianonfire.com Jul 30 2024

12 Negotiation Techniques You Need to Know

Doctors and other high income professionals are often completely naive about the basics of negotiation. Here are a dozen tips that can help. The post 12 Negotiation Techniques You Need to Know appeare...

whitecoatinvestor.com Jul 26 2024