Curated articles and podcasts from trusted financial experts and real retirees.
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We gave a Gen Z non-finance professional these 5 questions, and here's how they scored. Can you beat it?
Staring down a massive RMD tax bill at age 75? Relocating to a zero-tax state for a few years could slash your Roth conversion costs. Just beware of the pitfalls.
When considering an assisted living facility for your loved one, look for these red flags before signing a contract. Cost-cutting can have a disastrous impact.
Private credit funds, real estate deals, hedge funds and venture capital allocations aren't available to everyone, but can also carry extra costs and risks.
This July 4th is America’s 250th birthday, and spending is expected to hit record levels. But budget-friendly 4th of July celebrations are absolutely possible with a little planning. Here are 7 ideas ...
Clients can maximize profits by paying the tax bill outside of the conversion — and more reminders for advisors before they guide clients through Roth conversions.
Whether thinking about an RICP, RMA, CPRC, CRPC or another retirement credential, experts say it's important for financial advisors to consider the needs of clients and prospects and their current lev...
About 9 months ago I decided that July 1st would be MY independence day. Technically it is July 3rd, but that is a holiday and I managed one last PTO day on the 2nd! I've been planning for many years,...
Wife and I are retired and trying to decide on SS timing. I'm 61, she's 64. Using open social security, it shows that the best strategy is her now (probably passed the window already) and me at 70. Th...
Boomers hold half of all U.S. household wealth. Here’s who got ahead, how, and whether $432,200 is enough to retire on. The post Baby Boomer Wealth: How the Wealthiest Generation Stacks Up appeared fi...
Erin Moriarity shares her take on Social Security timing, building a retirement income floor, and when to stop going DIY and hire a CFP. The post Erin Talks Money: What She Wants Retirees to Know appe...
Money dysmorphia is a distorted view of your finances, even when the numbers are fine. Here’s how to spot it and what to do about it. The post Money Dysmorphia: What It Is, Who Has It, and How to Fix ...
Learn how Net Unrealized Appreciation (NUA) may reduce taxes on employer stock held in a 401(k) and when this often-overlooked retirement strategy may apply.
A Legacy Trust can benefit family, but also chosen family, friends, mentors, caregivers, charitable organizations, and causes that have shaped your life.
Europe's deadly heat wave and dangerous U.S. temperatures reveal a new retirement risk and question: whether the place you call home is prepared to support a longer life?
Parenthood, emergency medicine, and athletics have been equal parts of my identity. But as I entered my mid-50s, I got to a crossroads. The post Why I Went to Half-Time as a Physician and How I Made I...
Schedule a Free Financial Assessment with an experienced professional: https://bit.ly/YMYWassessC Joe Anderson, CFP® and Big Al Clopine, CPA spitball for three people planning for early retirement and...
Geographic Arbitrage is the most underrated risk-management tool in early retirement, and could help you shave years off your FI journey! Read more → The post Your ZIP Code Is a Bigger FIRE Lever Than...
Are you winging your retirement spending? Financial expert Jean Chatzky explains why a lack of a concrete plan is preventing retirees from living their best lives.
Today's retirement planning has a fundamental flaw: It focuses on how much money you need while ignoring the more important question — what you'll do with it.
Contemplating a gray divorce? Before calling in the lawyers, take time to understand your financial situation and the impact of dividing assets later in life.
If you hold money in a non-qualified annuity, the IRS will eventually come calling for its share of any gains. It pays to explore tax efficiency ahead of time.
After working for 27 years for the same organization, I found out in late April that my job was being eliminated as of July 1st (a story for another post) I am 64, divorced with two grown children. My...
My last day was Friday, and this is the first weekend in which I don’t have to cram every chore and errand into these two days. I’m also ignoring the Sunday scaries, because Mondays no longer exist. T...
I am getting closer to retirement, (61 yo M)thinking of things to try out as I am happiest when active. So I was wondering what would be some activities you recently retired folks have taken up that t...
In anticipation of investing in some YC Demo Day startups, I transferred $50,000 from my Fidelity brokerage account to my Citibank checking account. This was right after I'd already wired $56,100 to m...
Six Essential Tips for Any IRS Letter Before diving into the specifics of the five most common letters, we share six universal tips to ground your response: Don't Panic – IRS notices are routine, and ...
Let's consider a case study of somebody who barely has enough and how they deploy those assets to ensure a comfortable retirement. The post Deploying Your Assets in Retirement appeared first on The Wh...
You'd assume retiring with $10 million is a hundred times better than retiring with $100,000. It isn't. And the reason is stranger than you'd think. Because the size of your portfolio barely tells you...
"I'm a wealthy saver, he's a lavish spender with a mortgage. Am I crazy to consider marriage?" Kiplinger's Wealth Wise team answers a reader's financial dilemma.
To ensure a fulfilling retirement, view longevity as an opportunity and maintain a balanced portfolio that accepts some risk while planning for substantial costs.
The 60/40 split could leave substantial portfolios exposed if stocks and bonds decline simultaneously. Accredited investors must take a new approach.
A few surveys have shown that physician burnout is beginning to decline. Is this the start of a hopeful new trend for doctors? The post Is Physician Burnout Declining (and Other Random Thoughts)? appe...
Stop pricing trusts like products—estate planning is a strategic design process where goals, complexity, and protection drive value far more than upfront cost.
Did you know that Medicare Premiums are income based? The more you make the more you pay. How to avoid IRMAA jacking up your Medicare premiums in retirement.
How does your Thrift Savings Plan compare? Discover the average TSP balance by age in 2026, explore new contribution limits, and see if you are on track.
Hi all. I'm retiring in Feb 2027 and thinking about the how big the change from decades of everyday professional work life to the forever weekend. There's quite a few hobbies, physical activities and ...
Heard of the hedonic treadmill? It's the reason why feelings of happiness can be short-lived. How you manage it can be the key to a successful retirement.
Retirees worry about outliving their money, burdening their children, or making the wrong market move. But the right kind of fear can lead to better planning — and more peace of mind.
If nothing is done, Social Security benefits will need to be cut by 22% in 2033.
Rather than fixating on a savings goal, pre-retirees should focus on building an income strategy that accounts for actual expenses and can adapt to changes.
I recently met with a 71-year-old retiree who relies on Social Security for a sizable share of her retirement spending. She’s concerned about recent news that the Social Security retirement trust fund...
Here's what you need to know about how to withdraw your RMDs from Vanguard. It's not as difficult as you might think. The post How to Take a Required Minimum Distribution (RMD) at Vanguard appeared fi...
Could AI be the force preventing a recession, and are today's biggest AI winners only the beginning of a much larger economic transformation? As part of our "By the Numbers" series, topics covered in ...
An updated model pushes the projected fund depletion back by a few months, but financial experts warn that core concerns remain unchanged.
Don't raid your nest egg for unexpected bills. From brokerage accounts to underutilized lifestyle vehicles, here is how to unlock cash without jeopardizing your future.
Multi-year guarantee annuities can outperform bonds and bank CDs — but before you buy, here's how they work.
I just read on another subreddit where someone was asking for advice about their father's estate. It seems they were appointed executor and the will leaves nothing to the father's long term (17 years)...
As I (71m) age, my routines get more eccentric. “It’s to be comfortable,” I tell myself, but really?” At 5:30 a.m. I kiss my sleeping wife and get out of bed without wretching my back. I think, “I am ...
We have an annual spend of about $70k, but that includes some travel, a fair amount of entertainment, and not really managing things too closely. We know we could also get by in reasonable comfort on ...