Vanguard IRA vs TSP rollover question
I posted this in r/personalfinance with no response. This subreddit may be a better place. I have a TSP account from prior employment. I am semi-retired and only working part-time. I would like to inv...
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I posted this in r/personalfinance with no response. This subreddit may be a better place. I have a TSP account from prior employment. I am semi-retired and only working part-time. I would like to inv...
The biggest thing I didn’t think about were health insurance costs and ended up waiting till I was 65. I think if there had been health care for everyone, I would have retired much earlier. The ...
After 35 years of practice, I've retired. Here's how I had the confidence and know-how to do so—and what I'm looking forward to the most. The post Why Lawyers (and, Really, All Kinds of People) ...
I (59F) stopped working six months ago. In an effort to define my 3rd act I'm looking for a positive-sounding word or phrase to replace "I'm retired" or I'm in "retirement". For example, I referred to...
The 50/30/20 ratio for working folks is widely available but I haven't found anything comparable for retirees. Is there some ratio recommendation for those retired? In our case (couple) we are spendin...
Our offspring live too far away for frequent visits -- about a 2.5 hr flight away. I know a lot of retired couples move to be close to their children, maybe because they're hoping their kids will take...
62M. Live in a smaller city in Colorado. Retired from my government job on 7/1/24 after 18 years. Before that I was in the military for 23 years and retired from that in 2005. I was really looking for...
Mid 60s. Retired about a year. Income means little to me in retirement. I’m delaying social security. I decide what my income will be. Besides dividends and interest, there’s no new money ...
A friend of mine (age 60) who thought their job was secure was suddenly informed that it is not secure. This person still has children under 18 and their spouse is already retired. My friend asked me ...
After being retired for 10 years and preaching about FIRE, I’ve learned somethings about why certain people are more resistant to FIRE than others, but overall, it’s still a mystery. In fa...
I'm retired 11 months. But four months ago, I was onboarded as a contractor with my former employer for a six-month, half-time consultant, focused on a specific project. The project is interesting, an...
This was originally published 10/12/2021, a few weeks before I retired at 42. Last month, I wrote that we were almost ready to retire. In the next week, I plan to formally announce my retirement to my...
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...
Not here to crow, but rather to have a laugh at how utterly retired we have become: Slightly rushed morning to get our daily exercise regimen done early so that we could get to… The funeral of ...
I originally wrote this about fake financial gurus in Sept, 2021 a few weeks before I retired at age 42. I’ve made some updates to formatting, but left everything else the same. Oh no, not anoth...
I retired to Pennsylvania because we had some family in the area, the cost of living is less than our old home in metropolitan New York, the winters are a little warmer, and it's not so far away that ...
I'm not fully retired yet but have cut way back on my hours. What I'm noticing is that if every day feels like a weekend, I can have a tendency to binge-watch a couple extra episodes at night and stay...
This might seem like an odd question but I've been getting conflicting advice. Husband 71 and retired with pension and SS. I'm 65 and working full time at the moment. My full SS is 66, 10 months. My h...
I'm retired, I have gotten our finances organized, next step is getting health records organized for both of us. seems every doctor has different questions on past medical conditions, How do I put tog...
I (64F) am retired. My husband (65M) has a term life insurance policy that we may want to sell as the premiums are escalating to the point of becoming unaffordable. We have met with 3 different planne...
My wife and I are in our mid-60's and retired. We (supposedly ;-) have enough money to last us through our lifespans, We do not have any children or close younger relatives and we both have parents wh...
FROM THE ARTICLE - SEE ARTICLE FOR MORE!!! 7 Big Retirement Surprises and What to Do About Them. Try these tips to navigate retired life’s unexpected twists and turns. By Bruce Horovitz, AARP. P...
In the late 1960s and 1970s, the U.S. Social Security Administration subsidized college expenses for young adults with deceased, disabled or retired parents who were receiving dependent benefits. The ...
I (63) retired 5 years ago. My wife (64) retired last month. We have accumulated a lot of possessions. Some have financial value, most don’t but are useful. I have a “I worked hard for tha...
I officially retired 6 years ago, on July 5, 2018. Before I retired, I was curious about what life would REALLY be like in retirement. Now…I know. I started The Retirement Reality Series to sha...
My Dad retired in 2002 with a 403(b) and lifelong teacher’s pension. Unsure of his retirement savings, some fellow retired teachers recommended a financial advisor who “specialized in reti...
My friend said it was the hardest thing she's ever done in her life. She moved from Illinois to one of the Carolinas when she retired. She had a pretty nice little rural homestead. I'd love to move bu...
Ok retired 3 days ago. Married, both retired. I m no financial brain surgeon so please be aware of this. So i retired half-way through the year and have to figure out our tax bracket. I don’t wa...
I have been retired for two years. I am very blessed financially. Not to the level of having that beach house but we don’t have any worries for our needs. We use debit card for everyday purchase...
Retirement means different things to different people. This can range from opening up a new business to "if you're working at all, you're not retired". It can mean devoting yourself to unpaid service ...
Well, I made it exactly one year in retirement. Retired at 62, no financial or health worries, but basically got bored. The highlight of my first year, other than an Awsome one month trip to Japan and...
I retired on Monday and no longer have access to my calendar, which admittedly I wasn’t enamored with (Outlook & Teams). I’m looking for something to track travel plans, doctor appoint...
David has a question about taxes in retirement: When you’re retired and no longer getting a regular paycheck from which your employer withheld tax payments on your behalf, how do you estimate th...
My net worth (total assets minus total liabilities) today is 6.3% higher than it was when I retired in 2019. This is in no small part thanks to stellar returns delivered by the financial markets since...
Curious how those of you who are retired or looking at retirement navigate having children under 18 in your household. For example, I have a patient who is on the cusp of retirement who is now looking...
I’ve been retired for three years now. I recently took a vacation and was talking to my mom about it. She’s been retired for 20 years and has gone on many trips. She was joking with me, sa...
So I retired over a year ago. At that time I declined a couple of job offers. The 5 years prior to retirement were a bit hectic due to 3 cross country moves, several different jobs, losing a parent, e...
I've been retired 3 years. Truthfully, I feel useless at times. Some of the most rewarding experiences I've had since retiring have been troubleshooting and fixing our dryer, and doing the transmissio...
So i m retiring soon, my wife is already retired. As far as pension, healthcare, social security, 401K, taxes…. I m fine with these important aspects of retirement What i want to look at now is...
I am turning 73, I retired at 64. About 5 years ago I was bored so I got a job as an on call traffic flagger. I am able to come and go as I please. I live in Oregon and choose to work October through ...
I've only been retired for about 3 weeks but I left a job I loved because of a new CEO that I couldn't work with or for, and because my partner retired a year ago and has been enjoying it. I guess you...
Hey y’all. I started drawing retirement in October ‘23. Notice I didn’t say I retired in 2023. I was a landscaper. The only work I have continued is taking care of four properties. T...
Been retired close to a year now, and everything is going good health wise and financially, but just missing a little focus. As a engineer working for the government, it never was particularly benefic...
Wife and I struggling over where to retire within 3 years. Me M(64) she F (xx - to protect me from getting stink eye). Leave it to say, she is already retired as is not working and drawing SS. We are ...
I just caught up with an colleague, who retired this year at 68 years old. Community Nurse for the last 30 years and he had a great work ethic. Hence he had over 1000 hours sick leave when he finished...
Has anybody become a better housekeeper in retirement? We had someone come in twice a month to help with cleaning while we worked, but our cleaner retired before we did. I am not adverse to having som...
I retired about a year ago from this workplace, but recently, suddenly out of nowhere, my previous company is asking me if I am available for the next 6 months. I politely declined their initial offer...
Retired last year, living off savings and small SS for my wife until I turn 70 in December. Filed taxes for 2023 using HR Block software, paid state and Feds calculated taxes due. Then in last few wee...
Hello! For the retirees out there...were there things you stocked up before you retired because you knew you would have limited funds? I remember my grandmother going to JCP during their big underwear...
I have been retired for 1 year now. This week my wife is on a mission to declutter and I fully support that. On my side I have a stack of nice walnut backed US Patent awards, probably about 15 and eve...