Curated articles and podcasts from trusted financial experts and real retirees.
Showing 50 results of 15812
A tax planning strategy that combines direct indexing and tax-loss harvesting could help retirees minimize what they pay Uncle Sam and keep more of their wealth.
Higher estate tax exemptions may be presented as "permanent," but relying on tax rules to stay the same — and not regularly updating your estate plan — is risky.
You can secure your children's future without giving them unrestricted access to a windfall. Protect your legacy from poor decisions and creditors.
Have you ever had a termite infestation? You likely didn’t realize you did until it was too late. For months ... Read more
Test your knowledge of essential Medicare Part D concepts with this quick quiz before reviewing your prescription drug options this fall.
Just like a good coach looks beyond the scoreboard to prepare for the next game, successful retirement planning requires regular evaluation.
If you fear losing your job later in life, stay one step ahead by budgeting, stress-testing your retirement plan and investing in your professional network now.
Before you splurge, learn where to park your cash, the rules for inherited IRAs and 401(k)s and how to avoid costly tax mistakes on a $1 million windfall.
Conflict among adult children over their parents' estate is all too common — and Mom and Dad’s worst nightmare. Here's how to ensure the kids won’t fight after you’re gone.
Retirement planning often begins with a financial question: Will I have enough money? But once the paycheck stops and the financial pieces are in place, another question can become just as important: ...
Schedule a Free Financial Assessment with an experienced professional: https://bit.ly/YMYWassessC Joe Anderson, CFP® and Big Al Clopine, CPA are spitballing on whether Roth conversions actually pay of...
What ratio of Roth to traditional to taxable should you be picking? After a great deal of study and calculation, we have the correct answer. The post The Ideal Mix of Roth, Tax-Deferred, and Taxable A...
Takeaways Most 401(k) plans let you change your investments online at any time, though some funds may limit frequent trading. Changing where future contributions go and changing how your current balan...
One of the reasons I accepted Portfolio Penguin's book deal in 2019 was to demonstrate to my kids the importance of work. Not working sets a bad example if you are a FIRE parent. If I spent two and a ...
Eligible education workers can contribute to 403(b) and 457(b) plans, giving them flexibility when deciding how to save and use retirement funds.
I've been retired for a little while now, and I'm enjoying it. I have things I care about, projects I want to do, people I want to spend time with, and I'm certainly not sitting around waiting for the...
Many wealthy retirees hesitate to spend their savings. Advisors share how budgeting and cash flow planning help clients enjoy their wealth.
As the title says. I talked to my boss on Friday, let him know I'd be retiring at the end of March. It's amazing how much weight is lifted by making it official. I've been planning that date for 6 mon...
• The 1983 Social Security cuts cost New York $26.2 billion in lost output in 2025. New cuts would drain consumer demand again. Business should oppose them.
Are you getting $90 back on your Part B premiums? Here is a complete breakdown of who qualifies, who is excluded, and when payments arrive.
In this week's Wealth Wise advice column, financial experts run the numbers to see if a frustrated worker can safely trade their job for a $90,000-a-year retirement.
Stocks are near record highs while fixed-income yields are at levels we haven't seen in nearly 20 years. That combination may give retirees an unusual opportunity—but taking advantage of it requires t...
I know enough about investing to recognize the flaw in thinking that I should check the stock market every day. Here's how I've stopped. The post Why I’m Trying Not to Check the Stock Market and My Po...
Want to test-drive expat life? Here's 3 retirement havens where you won't need to learn a new language or worry about a residency visa for short-term stays.
A rollover may seem straightforward, but a few missteps can have costly consequences for your retirement savings.
Giving your adult children or grandchildren a massive cash gift can sabotage the financial independence you hope to build. Here is how to restructure your legacy with incentive trusts.
Helping them out is cool, but the best gift is teaching them how to manage money, be realistic about their standard of living and learn to stand on their own.
Quick overview, I am 72, and my wife is 65 in poor health. Done well in the stock market, but I am at a point where I want to get more conservative. We collect $3800 in social security. I won't leave ...
Does your estate plan need a will, a trust or both? Understanding how these tools work, and what your family needs, will help you make the right choice.
Without explicit instructions for stocks in your estate plan, your heirs may end up selling everything for simplicity or because they're mired in conflict.
What do you want your retirement to look like? Define the mission first, and the appropriate investment products will practically pick themselves.
We spend an enormous amount of time looking at rich people. Entire industries exist to tell us what billionaires are ... Read more
Let’s journey back in time and discover how the US stock market reacted when the Soviet Union launched Sputnik 69 years ago. The post Happy Anniversary to the Sputnik Launch, Which Pulverized the US S...
The market's return is only part of the story. Find out how taxes can quietly erode your retirement wealth and the planning strategies that can help you keep more of what you've worked so hard to buil...
Coastal tradition or desert cool? We break down the real cost — and culture — of retiring in two of America’s most iconic zip codes.
Retiring soon? Keep your relationship strong by discussing these three questions with your partner before handing in your notice.
From HSAs to backdoor Roths and even taxable brokerage accounts, there are plenty of ways to boost retirement savings once you've hit your full 401(k) match.
AI can't take the place of the human touch when it comes to getting investment advice and planning for your future.
Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower-income workers.
Has anyone else found that sometimes it’s easier to just pay out of pocket for a medication than to navigate through Medicare. I have an antibiotic that was prescribed yesterday and it required pre-au...
No more than a year or so out. Retirement would have been a couple of years ago but my divorce slashed my net worth, and pension in half. A high stress job and career for that matter, sr level technol...
I understand the basics of spousal benefits and the penalties of claiming your own benefits early. But when I have watched videos, sometimes its unclear which spouse they are talking about. Like they ...
Building a retirement plan means balancing financial security with the life you want to live. Steve Chen sits down with fee-only fiduciary financial planner Jesse Cramer, host of Personal Finance for ...
Don't ignore the markets entirely, but don't let your emotions control decisions based on headlines and volatility. Here's what to do instead.
Here's how you should consider whether to participate in a non-governmental 457 plan, its pros, and its cons. The post Should I Be Participating in a Non-Governmental 457(b) Plan? appeared first on Th...
Free retirement training for people within 10 years of retirement and $1M+ saved. Watch “The Sequoia System Training” here: https://learn.rootfinancial.com/4f7f57 ======================= A couple came...
Building a retirement plan means balancing financial security with the life you want to live. Steve Chen sits down with fee-only fiduciary financial planner Jesse Cramer, host of Personal Finance for ...
Building a retirement plan means balancing financial security with the life you want to live. Steve Chen sits down with fee-only fiduciary financial planner Jesse Cramer, host of Personal Finance for ...
Building a retirement plan means balancing financial security with the life you want to live. Steve Chen sits down with fee-only fiduciary financial planner Jesse Cramer, host of Personal Finance for ...
Building a retirement plan means balancing financial security with the life you want to live. Steve Chen sits down with fee-only fiduciary financial planner Jesse Cramer, host of Personal Finance for ...