Showing 50 results of 646
How do you balance different desires to travel? We’re 62 and 56. My wife has turned in her notice. I’ve already spooled down a consulting career. She has rarely traveled for work, but trav...
As we age, it’s normal to become more empathetic toward widows and widowers. We see friends go through the struggle of losing their spouse and deal with that difficult transition […] The ...
I'm coming up on 3 months retired, and so far, so good! I'd like to look back, though, on the last 10 years. 10 years ago, in the fall of 2014, I had a plan. My wife and I were both 56 years old. Our ...
People are getting married later and kids move out later. For instance I am 62 and going to back to school night tomorrow for my youngest. I can’t downsize yet and I still got my wife and three ...
My husband will be 70 in September and will retire in October. He will go to the social security office to get more information but he did not sign up for part A when he was 65. He was covered by his ...
Chris has been retired for a little over a year while his wife has continued to work. Now that Chris has “tried on” retirement and found the fit good, his wife will likely join him within ...
I am 61 years old. Reasonably healthy and still working. Wife is 65 and on disabilty but better after 2 new knees. I don't have any retirement plan other than SS. We just paid off our house, vehicles ...
When my wife was pregnant with our first child, I put a lot of thought into what life lessons to teach our kid. I was in my late 30s and stewing over how old I would be as they grew up. I kept thinkin...
Rather than despairing over a lack of retirement savings, try to focus on what you can do to help ensure a more confident retirement for you and your spouse....
We’re mid-60’s and considering this within 5 years. We’re currently assisting 88 year old father-in-law and his wife with Dr appts and other miscellaneous things, and we won’t ...
My wife and I are 68 and planning on traveling around a few states (Ohio, Michigan, Wisconsin and Indiana) in September. If I sign up using SIlverSneakers with Anytime Fitness and Planet Fitness in my...
'm 66, wife is 65. I've been "educating" our daughter relative to her 401K, her Roth IRA, cash/savings account, etc. The idea is that If I pass before my wife, it's my daughter to whom I'm trusting to...
If you're getting a divorce but are reluctant to sell your home or can't afford to buy out your spouse's half, a reverse mortgage could be a solution....
Hi everyone, My wife and I are thinking of packing in our jobs and perhaps holding part-time roles for a few years. We’re both 59. The dilemma- we don’t have nearly enough to retire on in ...
In this episode we’re answering listener voicemails and tackling some tough questions about Social Security, RMDs, estate planning, and more. First up, we help Diane, whose husband is a minister...
I don't understand why if I go by the 4% rule, my SS payment and our budget, we have plenty of money left over, without even counting on collecting my husband's SS payment in 9 years. But New Retireme...
I want to be a good dad and I try hard to be one. It’s not easy but I try to be present. I love my kids and my wife very much. Nearly my entire motivation for wanting to retire early is to have ...
My late 70's friend and her Aspergers husband are sinking deeper into marital and financial trouble. They have 3 houses in far-apart states. She does all the work to take care of the properties, perso...
My wife is 5 years older than me. If she starts taking her SS at her full age, it will be around $900/month. When I retire and take SS at my full age, half of it will be around $1800/month. Can my wif...
Can Claire and her husband retire early at age 60? Today on Your Money, Your Wealth® podcast number 490, Joe Anderson, CFP® and Big Al Clopine, CPA spitball for them and explain how to calcula...
Hi all, and thanks in advance. My spouse and I each have a pension. They are roughly the same. Does it make more sense for us each to just claim and draw our pensions, or does it make sense for us to ...
My wife would like to take long vacations abroad (e.g. 3 months), involving site seeing and stopping by the to visit family and friends. This makes me a little nervous. We typically get travel insuran...
An elder who became mentally incapacitated had a problem Power of Attorney document. His wife got stopped from helping with finances. Learn from this case!...
I am on SSDI an my spouse is on SSDI. He has liver cancer. When he passes away, how will SSDI work?...
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...
My wife and I are retiring next year, with plans to move to her hometown in Alberta, Canada, which is freezing cold for at least four months a year. So the tentative plan is to spend two or three of t...
My wife and I are planning to retire at the end of the year and we're in a position where the majority of our pension pots are in my name. It means that I will quickly hit the threshold for paying inc...
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 don’t know if this is the type of question that’s allowed here, but here it goes… My husband is inheriting a large sum of money (about $1M) from his recently deceased father, some...
Take action now to make sure there will be enough retirement income for the surviving spouse when one of you passes away first....
Hi all, My husband (66) is planning to leave this fall from his job of 30 years with a pension. I (65) have a small business and work PT which I plan to keep doing to some extent. We both plan on taki...
Husband and I are planning to retire in a little over 2 years. Planning to sell current house and buy a little land, downsize by building a smaller house (not tiny) but enough for 2 people. While we a...
My husband and I are currently 5 years out from our retirement date and are renting our home. We considered buying around 2019 but didn't and now the housing market is dreadful, especially where we li...
My husband is 55 and 5 years away from our target retirement date. We currently live in Florida and are debating whether to move to GA. We have family there and FL is changing rapidly. We've been here...
My (M63) wife (F54) and I are waiting for the report from our money guys on the feasibility of her giving a few months notice. We’re nervous and excited. I’ve been working since I was 13, ...
sign up early if you see yourself needing the support of on down the line MY wife and I are "of the age" at which we should be exploring moving into a living situation that will provide care for us as...
Most of us know, or will know, someone who suffers from dementia, whether it is our spouse, parents, or grandparents. According to research from the University of California in Irvine, by the time we ...
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 ...
What to do when only one spouse handles the finances...
I am 63 and ready to leave my current job after 40 years. My wife is 4 years younger and works full time and will be able to provide health benefits. I would like to find something part time but I am ...
I've learned from this space that retirement brings many questions! But here is my own: We're hoping, when my husband retires in three years, to be able to buy a house outright. Is there any good reas...
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...
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...
I was eligible for retirement and did because spouse became terminally ill and I wanted to do home care. Fast forward three years, spouse passed away. Spent 2 years climbing out of that depression and...
When estate planning, we often think about our spouse or children — but what about our furry family members? Here’s ... Read more...
My wife & I (both age 70) are selling commercial real estate we have owned for 40 years and lived on for 20. After capital gains tax & depreciation recapture we still end up with a nice bucket...
My wife is retiring in 2 years and we have our heart set on selling our big and expensive home in New England and relocating to either Arizona or Florida. I am thinking about the pros and cons of and ...
Once you tie the knot, your Social Security benefit will be forever tied up with your spouse’s — and that can be a good thing if you understand how it works....
For those of you who have retired married, for you and your spouse on the same page for everything going into retirement? My wife and I have yet to sit down and really look at what retirement will be ...