Curated articles and podcasts from trusted financial experts and real retirees.
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If your employer offers a Roth 401(k), consider it carefully. In years to come, you could regret leaving tax-free growth and other advantages on the table.
In this week’s Wealth Wise advice column, planners explain why a "core-satellite" strategy might offer the best of both worlds.
Consider your unique needs and circumstances before making a Medicare election with potentially lifelong consequences.
Earlier this year, I was sick for two weeks. Unfortunately, I’ve had asthma since I was a kid. So when a respiratory illness hits, I tend to cough and suffer longer than the average person. During COV...
Medicare costs and coverage are changing in 2027. Learn what to review during open enrollment as plans raise costs, reduce benefits and leave markets.
What if one of the keys to a happier, more meaningful retirement isn't doing more, but becoming more curious about the people and world around you? In this episode, psychology professor Dr. March Schu...
Nobody wants to run out of money in retirement. Here's what happens if you do, and how to lower the odds.
Some doctors gloat over their beater cars, and I have been one of them in the past. But today, I'm not sure that's wise. The post You Don’t Have to Buy a Beater appeared first on The White Coat Invest...
Here's how retirees can stop compounding tax leaks without large, expensive Roth conversions.
Using an IRA to cover significant long-term care costs could cause your taxes and Medicare premiums to rise, and leave your family facing some tough choices.
Record 401(k) balances are tempting, but inflation is stubborn. Take this choose-your-own-path guide to see if you are truly ready for your next chapter.
You've aced saving for retirement, but having to spend your money may come as a shock. This is what's likely to trip you up and how to adjust your habits.
I have been lurking in this subreddit for some time now. I experienced a major illness a few years ago and reading comments about how one cannot buy health or time really hit me. Initially I wasn’t pl...
I (61) retired this summer and it has always been the plan to move away from Texas due to the scorching summer heat. A family member lives in a 55+ community in another country which we visit often. W...
Are you five to 10 years from retirement and wondering if a Roth conversion can wait until then? Don't decide until you've tested these assumptions.
If the insurer is offering you a better price on a product you don’t need, that doesn’t somehow make it ... Read more
Looking for ways to legally lower your taxes? Check out these 20 strategies that should effectively decrease your tax bill. The post 20 Ways to Lower Your Taxable Income for High Earners appeared firs...
Meta’s 2023 refresher created an extraordinary payday. Its final vest could change the math for staying.
We're almost there! 4 days left My last TGIF was yesterday. I'm not giving 2 weeks (there's a story there). I have four business days left!! I could not be more excited. Dinner with a friend that nigh...
Ghosts, goblins and witches aren't the only things retirees need to fear this Halloween. These five retirement mistakes can cost you a monstrous amount.
Strategies used to avoid probate can unintentionally override other parts of an estate plan. Here's how to ensure your loved ones receive assets as intended.
It was a surprise, but we're financially ready just not for the whole scope of it. Our entire household has been on his schedule all these years from getting up at 4:30 am to being quiet at 8:30 pm. H...
Hi, my wife and I will be retiring in a few months (her), and about 1 year (me), when we turn 65. We have our retirement money with a company you'll criticize me about. It's less than $1M, but enough ...
Learn why 401k asset allocation by age is just a starting point and how to build a personalized retirement portfolio.
I figured this out for a friend of mine, and I’ll share this because it might be useful to someone. I have a friend who got married late in life to a younger wife and had children. He’s in his very ea...
Carefully choose your Medicare plans when you’re first eligible; otherwise you might restrict your choices of specialists when you really need them.
Ready to retire? See what it's like to work with us → https://learn.rootfinancial.com/9593a2 ======================= I've watched people with plenty of money retire and spend the first two years secon...
A properly executed cost segregation study can produce tens of thousands in depreciation and cut your tax bill by $40,000-$90,000. The post Cost Segregation for Physicians: How a $500,000 Rental Can W...
Higher payouts, new tax limits and updated earnings rules are coming in January. Here is everything retirees and workers need to know.
While financial security is important, the real secret to happiness is building a "memory balance sheet" of unforgettable experiences with the people you love.
The tax benefits of a range of income and estate tax planning strategies are affected by interest rate changes.
I have a client who is nearing retirement as a self-employed gardener. At age 67, she doesn’t have a massive amount of retirement savings. But she has paid into Social Security her entire working life...
More clients are engaging in phased retirements including some type of work. These plans have implications for both the financial and psychological parts of advising.
A rising I Bonds fixed rate is a signal to sell. Look up the fixed rate on your I Bonds and see how much room you have for taxes. Learn the Nuts and Bolts I put everything I use to manage my money in ...
Consultants ATI Advisory has developed a highly targeted Medicare home-based long-term care benefit that could lower costs while improving the lives of participants.
Find the best age to claim Social Security with three steps to align benefits with retirement goals, protect lifetime income and plan for financial security.
After 63½ years in the skies, American Airlines’ most senior flight attendant is retiring, ending a career spanning decades of change for women in aviation.
Is stock market seasonality signal or noise? Let's talk about patterns and tendencies we see across the trading and investing calendar.
It’s almost Halloween, and much like everyone else, I have been sucked into the tradition of watching horror movies with ... Read more
Since I've been inundated with questions about using a 530A Trump account vs. a UTMA, let's discuss the best ways to save for your child. The post How to Save for Your Children (UTMA vs. Trump Account...
The new documentary "You Can See Everything" about Elizabeth Holmes prompted some questions about power of attorney privileges.
If you want to lose weight and gain muscle, join a dad bod or a mom bod challenge. The social pressure to hit your goals will be immense. And if you put a financial penalty for not meeting your goals ...
I retired in March. I looked forward for a couple of years to this time, as my job was stressful, with a long commute, a difficult boss, and certain ethical concerns. I wasn't worried about how I woul...
Has anyone else been in this situation? I am not retired yet but I’m planning to retire at 60. Of course sooner if I can save enough. Well, I am 41 now and I’ve just started paying attention to my ret...
Learn how 401k auto enrollment works, including default contributions, opt-out rules, and employer matches for employees and employers.
Why do Americans keep spending despite economic anxiety? Explore how wealth, employment income, and side hustles may support spending in an E-shaped economy.
Five popular and curated newsletters focused on how to live a meaningful life at any age and stage of life.
I’ve heard that investors would rather have a root canal with ZERO Novocain versus speaking to an advisor about Life Insurance. So, here is a great educational video on Tips for Reviewing Your Life In...
Learn 401k eligibility requirements for part-time employees, including SECURE 2.0 rules, age limits, and service hour thresholds.
If your Medicare Advantage plan goes away you only have 4 options: doing nothing, returning the Medicare, choosing another Advantage plan, or switching to a Supplement.