Showing 50 results of 55
When you're standing at a major financial crossroads, the timing of your decisions can mean the difference between success and failure. Joe Anderson, CFP® and Big Al Clopine, CPA spitball on the "when...
Buying an "inflation protection" investment in retirement, instead of making sure your financial plan can withstand rising costs, is a big mistake.
A good friend of mine has a retired sister who met someone on a trip, fell madly in love, got engaged, put her house on the market, and moved out of state to join her fiance in Colorado. A couple week...
Jesse Cramer and Jeremy Keil detail 7 real world lessons learned from working with hundreds of retirees. There’s a big difference between studying retirement… …and actually sitting across the table fr...
Chris Orestis, founder & president of Retirement Genius, answers the question: “Is Social Security going bankrupt?” “If we don’t address the financial shortfall… it would trigger an immediate 20% or g...
Chris Orestis, founder & president of Retirement Genius, explains how to make more informed Social Security decisions. Social Security is one of the most important decisions in retirement. And yet, ma...
You’ve done everything right. You saved consistently. You built a portfolio. You figured it out on your own. So why would you ever need a financial advisor now. That question makes sense. And for many...
Playing it too safe could mean trips not taken, educations not funded, life not enjoyed. Don't abandon caution — just build contingency plans for your portfolio.
Joe Anderson, CFP® and Big Al Clopine, CPA spitball on whether a popular early retirement strategy could actually blow up your financial plan, today on Your Money, Your Wealth® podcast number 577. Red...
Claiming Social Security is a lifelong decision, and poor choices can cost the average couple more than $180,000. Complete these tasks to avoid a big mistake.
Rollover IRAs can end up stuck in cash, while abandoned 401(k)s can be parked in a cash-like Safe Harbor IRA. Here's how to put your money back to work.
Women should personalize their Social Security claiming strategy and run the numbers after considering life expectancy, tax situation and existing assets.
With enhanced ACA subsidies gone, even a small income mistake can cost clients thousands.
If you plan to punch the clock for the final time decades before "standard" retirement age, you need a financial strategy that goes beyond just saving. Joe Anderson, CFP® and Big Al Clopine, CPA spitb...
Retiring at 55 is not just retiring ten years earlier. It changes the entire math of your life. From 55 to 65, expenses are often at their highest. You are covering healthcare before Medicare, traveli...
Your spouse wants to remodel your kitchen and several bathrooms in your house. You’ve received a quote for the work for about $100,000. Using a strategic withdrawal approach and a Monte Carlo modeling...
Jeremy Keil explains the 5 RMD (Required Minimum Distribution) mistakes in Retirement and how to avoid them. A retiree recently called for help. It was their first year taking Required Minimum Distrib...
Happiness expert Monique Rhodes explains why retirement often feels disorienting at first — and how creating a personal retirement roadmap can turn this transition into one of the most fulfilling stag...
Gary Zimmerman of Max® explains how to utilize your cash asset in retirement. Cash is one of the most overlooked assets in retirement. Here’s how retirees can earn thousands more in interest while kee...
Most retirees who make this mistake aren’t reckless. They’re careful. They’re doing what they believe is responsible, and that’s what makes it so painful to see when it backfires. James explains why t...
Jeremy Keil explains the top 3 tax efficient strategies for charitable giving in 2025. Most people give to charity because it’s meaningful to them — not because of the tax break. And that’s the right ...
After enactment of the Social Security Reform Act of 1983, Social Security actuaries determined OASDI’s (Social Security’s or the system’s) long-range actuarial balance (LRAB) to be .02%, meaning that...
Far too many investors are just throwing money away... The post My Friend’s $250,000 Mistake appeared first on Wealthy Retirement.
Thinking about tapping into your 401(k) during a time of financial stress? Learn the rules, risks, and more strategic alternatives before making a costly mistake.
The worst investments I've ever owned all share one thing in common—I couldn't sell them.Whether we are talking fractional shares of expensive artwork or private investments in friends' companie...
In the final installment of our 3-part estate planning series, we dive into one of the most overlooked—but critically important—aspects of planning: protecting your heirs' inheritance. It'...
You've done the hard work. You saved consistently, built a seven-figure portfolio, and are ready to enjoy retirement. But even millionaire retirees can make mistakes that put their plans at risk. In t...
The entrepreneur, real estate investor and motivational speaker tells us why people should never stop working....
We covered the Netflix stock slump, estate taxes and Dave Ramsey's words of wisdom this week, but why? Test yourself on the latest financial and business news....
The talk-show host, author and podcaster tells Kiplinger what people can do to ensure a happy retirement....
Learn the number 1 investing mistake people make in retirement and how to build a retirement investment plan....
A high percentage of Medicare Advantage plan members make a critical mistake that increases their costs and reduces their benefits....
Find out what Suze Orman thinks costs people thousands of dollars in retirement....
The portability of the estate tax exemption from one spouse to another has traps and pitfalls that many people don't know....
You’ve done the hard work. You saved consistently, built a seven-figure portfolio, and are ready to enjoy retirement. But even millionaire retirees can make mistakes that put their plans at risk...
Most people start contributing to their retirement savings later in life. That could be a big-time mistake, literally costing you thousands of dollars....
Converting your traditional IRA to a Roth can be a fantastic tax-saving move, but you've got to be smart about two things: how much and when....
In late 2022, my wife and I were finally able to lock in matching 20-year term life insurance policies at an affordable rate through Policygenius. For five years prior, I had been concerned that I wou...
Thinking about reducing your 401(K) contributions in the current market? Here are six reasons why you may want to reconsider....
Does market volatility make you feel like running scared? That could be a costly mistake. Here's why ... and what to do instead....
Getting a will, revocable trust or other document alone won't accomplish your goals. You need to start with a holistic plan....
Many workers choose an IRA rollover when changing jobs. Unfortunately, it's not uncommon for accounts to be neglected, or never invested....
Recently, I made a rather expensive financial “mistake.” Let's review the psychology and actions that led me to make this decision. The post A Die-Hard White Coat Investor Buys an Individu...
You'd be shocked at how many people leave a job and let their 401(k) languish at their former employer. Instead, three steps can help safeguard your retirement....
We are INCHING TOWARDS retirement. Quite often, since our kids are all grown we vacation when we want to vacation (sometimes one or two of them come, but we don't plan around them unless we're plannin...
Knowing how to address the errors you make on the job can keep you from hurting your professional career — and even help you thrive at work....
Most healthcare providers don't learn basic marketing principles during training. This lack of knowledge can cause a financial setback. The post Are You Making This Costly Marketing Mistake in Your Me...
I closed my mutual funds about 4 year ago which was a BIG mistake. I got caught up in the news and all the crap that was going on and started thinking that the stock market would crash. As it turned u...