Welcome to Seeking Retirement

Caring for Aging Parents Takes Planning Ahead and Patience

Feb 07 2023

Having legal documents in order and planning for the cost of care will help make an already difficult time a little bit easier to handle....

kiplinger.com

Parents

Social Security Email from AARP

Feb 07 2023

Yesterday I received an email from AARP titled "Tell Joe Biden to Protect Social Security." This is an inaccurate and misleading title. If anything, President Biden has vowed to protect social securit...

community.aarp.org

For More Certainty in Your Retirement Portfolio, Consider Annuities

Feb 07 2023

Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print....

nytimes.com

Annuities

Portfolio

How Will Social Security and Medicare Survive in the New Congress?

Feb 07 2023

February 7, 2023 — The debt ceiling is one of the big issues in the new Congress. How it plays out should be interesting, with Republicans narrowly controlling the House and the Democrats with a...

topretirements.com

Plotting Your Financial Future in the ProjectionLab

Feb 07 2023

Do you have a concept of what your financial future looks like? ProjectionLab is a powerful tool that can help ... Read more...

physicianonfire.com

Wealthsimple Review 2023: Still Canada’s Best Robo-Advisor?

Feb 07 2023

Robo advisor platforms remove almost all of the work from investing, allowing you to follow a passive investing strategy. It’s no wonder they’ve become so popular; it’s expected that...

retirehappy.ca

Advisors

Retirement Tools

Feb 07 2023

What is a retirement tool I should be using to help plan for the future? I am 28yo and would like a tool that takes into account my income, retirement accounts, owned properties etc. Maybe something t...

reddit.com

Accounts

Were you able to start any new, expensive, and space-consuming, equipment-heavy hobbies after you retired?

Feb 07 2023

I am guessing that a lot of people dream of retiring so that they can devote time to things like restoring old cars, bronze sculpting, or woodworking. Has anyone been able to take up this sort of hobb...

reddit.com

Retired

Contributing my bonus to 401k. Will this affect my 4% company match?

Feb 07 2023

I like to try to max out my 401k as early in the year as possible. My company match is 4%. We get our bonus in March, and I can elect to contribute as much of it as possible to my 401k. I expect my bo...

reddit.com

Advice for your younger self

Feb 07 2023

I’m a 51 yo . I have 401K with $228,000. I earn $110,000-120,000 a year. Save 13% plus employer matches 100% up to 6%. I also max out my Roth. For January total invested between 401k, employer m...

reddit.com

Roth

Trying to dial in healthcare we expenses in retirement.

Feb 07 2023

I’m a few years from full retirement. I currently pay $1100 a month in healthcare insurance for spouse and I under the ACA (self employed). We have a $7000 deductible and both max our HSA accoun...

reddit.com

Expenses

Health

Roth IRA

Feb 07 2023

I will be 70 later this year and working part time. I opened a Roth account late last year because I had already maxed out my 403B. I thought it would help taxwise, I was wrong. I found out in January...

reddit.com

Roth

Ira

Which Medicare plan when also have VA benefits…

Feb 07 2023

Hubby turning 65 this year… for the past many years he has only had VA health benefits.. 100% coverage. He is in great health, his mom lived to 91, he plays tennis 4 times a week, walks several...

reddit.com

9 Safest Places To Retire Abroad for Less Than $2,000 a Month

Feb 06 2023

A lower cost of living, better weather, lower taxes and a higher quality of life are all reasons to think about making the move to another country when you get ready to retire -- and leaving the U.S.....

finance.yahoo.com

Places To Retire

Evaluating Annuities, Pensions, and Social Security – SWR Series Part 56

Feb 06 2023

February 6, 2023 Welcome to another installment of my Safe Withdrawal Rate Series. See the landing page of this series here for an intro and a summary of all posts I’ve written so far. On the me...

earlyretirementnow.com

Annuities

Pensions

January 2023 FIRE Update

Feb 06 2023

Hey everyone! January was a nice month, wasn’t it? The stock market did quite well. Inflation seems to be taming. The job market is still strong. Things are looking up. Our net worth increased a...

retireby40.org

Fire

The Difference Between Active Income And Passive Income

Feb 06 2023

After writing about building passive income since 2009, people still seem to be confused about the difference between active income and passive income! Let me finally put this confusion to rest becaus...

financialsamurai.com

The Impact of Social Security on Divorced Retirement Income

Feb 06 2023

Social Security spousal benefits can quickly get complicated when remarriages and other circumstances are taken into account. Let’s explore some examples....

kiplinger.com

Divorce

The Move To Cut Social Security Would Impoverish Millions Of Americans

Feb 06 2023

For millions of Americans, Social Security benefits are what’s keeping them from living below the poverty line....

forbes.com

FM 026: Understanding What Todd Means By “Epochal Change”

Feb 06 2023

Click here to download the transcript of Todd's best tips for epochal change! Free Instant Access Two years ago, I announced to my Expectancy Wealth Planning course community that we were about to ent...

financialmentor.com

Wealth

How To Consolidate Debt, The Smart Way

Feb 06 2023

Debt consolidation can save you money by paying off debt sooner — if you avoid certain mistakes. Key Ideas Debt consolidation can be a powerful tool to get out of debt faster. Even if you're fin...

financialmentor.com

How To

Debt

How Much Does Life Insurance Cost?

Feb 06 2023

Understand the Facts and Don't Pay More Than Necessary Key Ideas There are five primary factors that affect the cost of life insurance. Life insurance policy fees will add to your all-in expense. Ther...

financialmentor.com

How Much

Insurance

How Anyone Can Retire Early In 10 Years (Or Less!)

Feb 06 2023

Anyone Can Retire Early, But Few Succeed. Here's Why… Key Ideas The simple math that makes it possible for anyone to retire early and achieve financial independence. Why you don't have to be a ...

financialmentor.com

Early Retirement

How To Build Wealth (It’s Ridiculously Simple)

Feb 06 2023

Everything You Need to Know About Building Wealth in Just Two Sentences Key Ideas The “secret” to successful wealth building revealed. The proven formula complete with clear action steps s...

financialmentor.com

How To

Wealth

Retired feds: Keep TSP funds with TSP?

Feb 06 2023

I'm a federal employee retiring soon. I'm curious what others have done with their TSP funds. I'm planning on shifting my funds to an investment firm...but are there compelling reasons to stay with TS...

reddit.com

Retired

Finding Your Purpose in a Long Retirement

Feb 06 2023

I’m happy to be writing for Can I Retire Yet? again after a two-year sabbatical. I’ll be holding down the first-Monday-of-the-month position this year while Chris continues to fill out the...

caniretireyet.com

Can I Retire

How Will Social Security and Medicare Survive in the New Congress?

Feb 06 2023

February 7, 2023 — The debt ceiling is one of the big issues in the new Congress. How it plays out should be interesting, with Republicans narrowly controlling the House and the Democrats with a...

topretirements.com

thoughts on money as you age?

Feb 06 2023

As you grow older, do you care less about money? I'm middle class and I'm still working but plan to retire in 10 years. I'm comfortable but not rich. My point of view is that I can't take the money wi...

reddit.com

Inherited portfolio value is down. What are consequences of 72 year old widow selling now?

Feb 06 2023

My friend inherited her deceased spouses stock portfolio 3 years ago. She told me the stocks were valued around $200k at that time but are worth about $140k now. She is considering selling and putting...

reddit.com

Portfolio

Watch: Harvard psychiatrist says this is the secret to happiness | CNN

Feb 06 2023

submitted by /u/sfdragonboy[visit reddit] [comments]...

cnn.com

MEDICARE IN DANGER: GOP lawmaker introduces bill to gut senior safety net

Feb 06 2023

submitted by /u/No_Influence_666[visit reddit] [comments]...

washingtonpress.com

Help with choosing to enroll in a 401k with no match or not.

Feb 06 2023

I'm 26 and started a new job. At my old company I contributed to a 401k which received a 5% match, and I also have my own IRA. My new company offers a 401k but does not offer a match program (sucks I ...

reddit.com

Fastest Growing Jobs in 2023

Feb 06 2023

The U.S. is on track to add 8.4 million new jobs by 2031, per the U.S. Bureau of Labor Statistics. But a lot can happen before we see the massive number of new hires. In fact, the latest updates on jo...

thinksaveretire.com

Retirement/travel Survey

Feb 06 2023

Hi all, I am an MBA student at BYU and we are studying retirees as a market segment and need some input. If you’re retired and own an animal, please take this survey. It should take you less tha...

reddit.com

Travel

Difference between 401K and 457B?

Feb 06 2023

new but would like to start saving in my upper 30s first permanent job too. submitted by /u/tbluhp[visit reddit] [comments]...

reddit.com

When is the Right Time to Buy Life Insurance?

Feb 06 2023

Spoiler Alert: It's Sooner Than You Think! Key Ideas When it comes to buying life insurance, sooner is better. There are good reasons to carry life insurance, even if you don’t have dependents. ...

financialmentor.com

Insurance

Solo time

Feb 06 2023

There is often just too much togetherness. I don't want the mail read to me. Or facebook and email read to me. I have my own mail and sometimes I need to concentrate on it in order to respond correctl...

reddit.com

Is Social Security Going To Go Bankrupt?

Feb 05 2023

The Social Security program, as designed, has become antiquated and is being asked to do something it was simply not designed to do....

forbes.com

February Quick Hits: RSU Vests, Tax Tips, and a Sneak Peak at a Total Compensation Dash

Feb 05 2023

FAANG Total Compensation can be "lumpy" and dynamic due to RSU vests and bonus payouts. I am working on updates to the RSU Dashboard to automatically track your total compensation. Here is a mock up s...

andrenader.substack.com

Taxes

Dollar Cost Averaging vs Lump Sum [All You Need to Know]

Feb 05 2023

One of the biggest problems in personal finance is deciding when to invest a sum of money. Whether you have $100 or $1 million to invest, the question is: Should you invest all that money over time (d...

ofdollarsanddata.com

Investing

can I retire now

Feb 05 2023

retirement in Canada Married couple 57m (A) and 55m (B) with no kid and no debt. A is still working with 140K salary and B has retired now with 30K per year pension for life and A has pension lump sum...

reddit.com

Can I Retire

FNILX vs FZROX: Which Fidelity Fund Is Better?

Feb 05 2023

In this article, we will explore the difference between FNILX vs FZROX. Choosing between Fidelity’s ZERO Large Cap Index Fund (FNILX) and Fidelity’s ZERO Total Market Index Fund (FZROX). I...

inspiretofire.com

The Sunday Best (02/05/2023)

Feb 05 2023

The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading ... Read more...

physicianonfire.com

What phase of your life have you enjoyed the most?

Feb 05 2023

Childhood was good. I had great parents. Adolescence through high school was a time of maturing. There was a lot of confusion during those years. My work years were good. I had money but I grew tired ...

reddit.com

Lifestyle

SS strategy with a WEP pension

Feb 05 2023

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 ...

reddit.com

Pensions

Strategy

How much do you really need?

Feb 05 2023

Planning retirement in a few years and of course, the question comes up as to how much do you need on an annual basis to retire. I’ve been asked my expenses and I’ve been asked what percen...

reddit.com

How Much

Gay-specific retirement thoughts or community

Feb 05 2023

Not to get too niche, and with full respect to all here, but I see so many posts about planning for retirement and watching grandchildren, or spousal benefits, or others that assume a heteronormative,...

reddit.com