Curated articles and podcasts from trusted financial experts and real retirees.
Showing 50 results of 13383
How can Medicare B not be covered automatically when benefits start regardless of the impact of work earnings? I am enrolled in Medicare part B while continuing to work. My benefits began, but my earn...
It is not difficult to find people who have received a fake email claiming to be from the government or a retailer asking them to clear up a problem with their Social Security number, tax filing, or r...
I have 401ks, SIMPLE and Traditional. In preparation for retirement I’d like to simplify by rolling my 401k and SIMPLE IRAs to one Traditional IRA. Assuming I keep the same funds, are there any ...
Traditional planning for the cost of long-term care doesn't reflect the realities of what the costs are and how they'll be paid....
When you're paid less, it's hard to get by, much less save for retirement. And your Social Security benefit could be lower, too. What's a woman to do? Invest....
A 401(k) is a powerful retirement tool. Here's how they work and why your older self will thank you for investing in one....
Explore Bristol West Insurance Group, a Farmers subsidiary specializing in auto insurance for high-risk drivers....
It’s inevitable that stock market crashes will happen during your retirement; plan ahead to protect yourself....
The economy is in a rough place right now, and everyone is feeling it. And yet, social media would have ... Read more...
Americans still believe they need $1.8M to retire comfortably, Schwab study shows...
Gary is a 73-year-old with $8 million in savings. Despite having substantial assets, he’s concerned about missed opportunities for Roth conversions as he faces significant required minimum distr...
I'm interested in the idea of no taxes on Social Security benefits. I understand that this is a campaign promise by a presidential candidate but feel it is something that AARP should support....
Starting on July 16, 2024, we had a mini-stock market crash with the S&P 500 declining from 5,667 to 5,186 by August 5, 2024 (-8.5%). The NASDAQ saw a larger drop, falling from a high of 18,647 on...
Breaking down the 4 steps of the "live to 100" strategy as life expectancy increases and conventional retirement wisdom struggles to keep up. Average life expectancy in the United States rises with ea...
Many couples trust each other and have shared goals for retirement, but more than half have yet to put an estate plan in place....
Hello out there! It’s been a while since I fired up the keyboard. Summer is here and I’ve been busy with the family moving about the country: And it’s not over yet. Phew. After that,...
It is natural for a parent to want to help their children financially, but helping kids financially isn’t always the best decision. You may end up hurting them more than helping them – esp...
Why don't Medicare Part D plans cover drugs like Wegovy?...
Here's how financial advisors recommend helping a client who feels in danger of losing their sense of purpose or identity when entering retirement....
What’s the biggest risk to your retirement savings today? Most people think it’s inflation, the cost of healthcare, or taxes. But according to BARRON’S Magazine… The biggest t...
Did you know… 96% of Americans forfeit an average of $111,000 in social security income… And it’s all because they file for their benefits… at the wrong time. Discover how&h...
No one can exactly predict the direction of interest, although we can make educated guesses. According to a recent article ... Read more...
Learn how to protect retirement assets from financial elder abuse....
In this episode, Devin and John dive into a variety of listener questions, discussing annuities, maxing out retirement plans, why HSAs aren't widely talked about, IRMAA, and more. Tune in as we explor...
Last month I wrote about how I’ve used the Affordable Care Act (ACA) to bridge the gap to Medicare. I pointed out that lowering the adjusted gross income (AGI) I report on my federal tax return ...
The single biggest retirement planning mistake to avoid, the problem with tax professionals, and answers to some of the most frequently asked retirement questions we get on YMYW: should you name a tru...
There is no reason to think that you can predict what will happen in the markets in the next few hours or in the near future. It’s better not to try....
Recently, we have had to do some renovations, and it got me thinking about the balance of FIRE and how ... Read more...
Amazon has changed its $5 RxPass prescription service to include Medicare beneficiaries — but you’ll still need an Amazon Prime membership....
Retirement offers opportunities and adventures if you change your perspective....
After being retired for 10 years and preaching about FIRE, I’ve learned somethings about why certain people are more resistant to FIRE than others, but overall, it’s still a mystery. In fa...
What is the best state to retire? Bankrate just issued its annual ranking of the best states to retire in the U.S....
If any of your retirement savings are in a tax-deferred account, then you will face required minimum distributions (RMDs). Not having a strategy could prove costly....
The devil is in the details with multifaceted products like fixed indexed annuities, so dig beneath the rosy sales pitches to see what you’re really getting....
Discover Commonwealth Casualty, a regional insurance provider specializing in affordable auto and home insurance. Explore their coverage options, customer satisfaction ratings, claims handling, and di...
I'm retired 11 months. But four months ago, I was onboarded as a contractor with my former employer for a six-month, half-time consultant, focused on a specific project. The project is interesting, an...
Hi all, and thanks in advance. My spouse and I each have a pension. They are roughly the same. Does it make more sense for us each to just claim and draw our pensions, or does it make sense for us to ...
Starting at age 45 in 2022, I consciously started focusing on decumulating wealth. I realized that my life was likely half over, and I needed to start spending more to prevent dying with too much mone...
Are you better off than 4 years ago?This is what we hear every presidential election. However, it’s really a trick question. Everyone should be better off after 4 years no ... Read more The post...
In today's episode, we're thrilled to welcome back Barbara, who will be sharing the exciting details of her long-awaited family trip to Costa Rica. After years of anticipation and multiple pandemic-re...
You can tap $1,000 from retirement accounts with no penalty, but is it a good move?...
FROM THE ARTICLE - SEE ARTICLE FOR MORE!!! 6 Reasons Savers Are Skittish About Annuities. Shifting assets into an annuity can provide a reliable income stream in retirement, but concerns remain about ...
We’ve been so focused on the length of retirement and not running out of money that we’ve neglected the quality of the existence we’re sustaining financially....
To prepare your children to take over your family's financial legacy, teach them about money as if they were interns on the path to senior management....
This was originally published 10/12/2021, a few weeks before I retired at 42. Last month, I wrote that we were almost ready to retire. In the next week, I plan to formally announce my retirement to my...
My wife would like to take long vacations abroad (e.g. 3 months), involving site seeing and stopping by the to visit family and friends. This makes me a little nervous. We typically get travel insuran...
The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading ... Read more...
Experts on retirement saving have plenty of ideas for making 401(k) plans work better. But most agree on the top priority: get these accounts into the hands of more people. Only about half of private-...
When you’re saving for retirement in a 401(k) account, the standard advice is to contribute enough to capture your employer’s matching contribution. That makes sense, since the contributio...
“You Have Too Much Debt, You Are Going To Go Bankrupt” When I was in my middle 20s I had around $1M in debt. It was shortly before the real estate collapse of 2008. My income from my salar...