Showing 33 results of 283
Learn what is Coast FIRE and how it can help you achieve financial freedom to help you enjoy retired life before your 60s....
In 2009, I established my first rule of FIRE: generate enough passive income to cover your basic living expenses. Once achieved, you attain financial independence and the freedom to pursue your desire...
Hi, I plan to retire in 1-4 years but more than likely towards the higher end with my Son just starting college. His expenses are covered in a 529 but ya never know…and I like (on most days) my...
I was hoping to get some advice from folks who have done this. My wife and I currently live in Seattle. We have lived here 30 years but it getting too expensive. At 62 I still have a mortgage to pay o...
Has anyone used the NUA (Net Unrealized Appreciation) Strategy for 401k’s with highly appreciated company stock? If so, did you use the Frank Duke or standard method? I’m curious how popul...
At a certain age you'll start getting invitations to listen to pitches for various financial planners and products. They're usually held at nice restaurants and include a good dinner. Always go. You g...
Hey everyone! How are you doing on your journey to Financial Independence? If you’re just starting, the best way to surge ahead is to be frugal and invest more. My advice is to save 15% of your ...
After months of speculation, last week the SEC approved spot Bitcoin ETFs. In the months prior to the approval, Bitcoin reentered the public consciousness. Its price jumped by over 60% in just under t...
YOU HAVE WORKED HARD, SAVED, INVESTED — all with the goal of having enough to live the retirement life you ... Read more...
Sorry for the length. I'm looking for reactions to our approach to downsizing and staying out of managed care. We've watched a number of people our age dealing with parents who are forced to move out ...
I recently terminated my financial advisor based on the helpful feedback from this subreddit. NOW, I need to educate myself more. I am planning to retire next year, and wondering about when to start s...
In our usual episodes, we aim to arm you with a particular insight or strategy that can help you inch closer to your ideal retirement. But, with todays show, we want to close the year by providing a l...
Simple diversification used to be the go-to plan for a typical portfolio. A balanced plan of stocks, bonds, and cash would simply do the trick. But that type of diversification has been proven less ef...
I recently received the following reader comment: “In regards to spending in retirement, I wonder if you could educate your readers, including myself, about differences between a 60/40 asset all...
I recently retired with a pension. With my pension and my Social Security, I’m still going to be in a fairly high tax bracket. When I left my government job, I was allowed to roll my IAP 457 ove...
Just curious how many other old folks are into gaming. For me getting a steering wheel for my PC (for race sims) was one of my better retirement purchases; also play strategy games. (I have to laugh w...
Make quick calculations with this income strategy to withdraw $1,000 each month in retirement....
Retirement planning consists of 2 broad phases – accumulation and withdrawal. Early retirement is difficult to achieve because there is less time to build wealth and more years to spend. The tim...
Out-of-pocket healthcare costs in retirement continue to rise. Not just a Baby Boomer problem, Millennials could see their healthcare costs double in retirement....
It’s getting real! I’m meeting with my boss today to let him know my plans and prepare an exit strategy. I work at a government agency with no risk of getting booted upon the announcement....
By Josh Katzowitz, WCI Content Director If my psychiatrist wife hadn’t begun taking care of our money and our investing strategy so many years ago and if I hadn’t made a New Year’s r...
Historically, the markets bounce back nicely after sharp declines, so focusing on historically high-quality companies trading at today’s lower valuations could be a good recovery strategy....
Do you know the main reason Americans slip into homelessness? Are you aware of the roots of this longstanding crisis? The best way to counter negative views of homelessness is to develop a better unde...
With the 2022 RRSP contribution deadline right around the corner, it’s the perfect time to revisit your retirement savings strategy. Is the money in your RRSP aligned with your retirement goals?...
I'm a canadian in my mid 20's. Since the past 2 years, I used the services of a financial advisor who works for an independant private financial service group. All of my investments are currently in m...
Hello. I am 58 retiring at 60 with a public pension of $2700 and would have a base $1200 monthly SS (at full SS age 67) coming from pre-pension jobs. However, my SS is subject to the full monthly WEP ...
if your portfolio doesn’t generate enough passive income to fund your lifestyle then you may want to consider including an Early Retirement Bucket Strategy....
There are many articles claiming to have the Best Roth Conversion Tax Strategy. In the end it all comes down to individual situations and where they are...
Look to build savings, reduce risk, minimize taxes and ensure a successful retirement by reviewing your budget, contributions, allocations and beneficiaries....
The Answer: Diversify! If you’ve saved $100,000 + for retirement in an IRA, 401(k), TSP or other retirement account, get your free guides written by me. I’m the company’s on-staff, H...
I compared two free calculators for the optimal Social Security claiming strategy with hypothetical test cases. They both do a good job....
A Roth conversion can be a smart move. But it can be made even smarter if you use more than one Roth IRA to do it, then recharacterize the underperformers....