Discover the Best Insights for Every Stage of Retirement

Millions of Social Security Recipients Will Get 2 Payments This Month

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Raising Social Security Retirement Age ‘Would Cut Benefits by Thousands’: Analysis

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Retired and living on Social Security checks?

Hi -- I am a reporter at USA Today, and I am halfway through an article about people who are retired and living on their Social Security checks. I want to find a few more people to interview. If you a...

8 years left, I'm tired of working

I worked long and hard to make it to my role now where I make $130k per year. I am 59. I'm saving 45% of income and have $225k in retirement accounts. My plan on paper is to quit working at age 67. Hu...

Jobs For Retired Physicians

While many people look towards retirement as a golden period during which they can finally relax, that isn’t the case ... Read more...

How Much House Can You Afford?: The McDonald’s Principle

It’s hard to know how much house you can afford. Actually it’s easy to know how much house you can afford. It’s hard to know how much house you should afford. The McDonald’s Pr...

Should I Max Out My 401k? A CFA Who Retired Young Answers

Should you max out your 401k? It’s an intimidating idea. Before jumping into why you should max out your 401k, let’s step back. If you are under 50, you are allowed to contribute up to $22...

Yes, You Can be Trained to Detect Imposter Scams

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...

Many accounts that I’d like to rollover.

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 ...

How 'Home-Based Planning' Can Address Long-Term Care Costs

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....

Gender Pay Gap Is a Triple Whammy for Women: How to Beat It

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....

401(k) Plans: What You Need to Know Now

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....

Comprehensive Bristol West Car Insurance Review 2024

Explore Bristol West Insurance Group, a Farmers subsidiary specializing in auto insurance for high-risk drivers....

4 Strategies For Retirees To Protect Against Stock Market Crashes

It’s inevitable that stock market crashes will happen during your retirement; plan ahead to protect yourself....

What is The Wealth Effect?

The economy is in a rough place right now, and everyone is feeling it. And yet, social media would have ... Read more...

Most People Think They Need $1.8 Million to Retire. Do You?

Americans still believe they need $1.8M to retire comfortably, Schwab study shows...

Stock Market Crashes Can Change Your Life For The Better

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...

Five Tips to Find Financial Harmony With Your Partner

Many couples trust each other and have shared goals for retirement, but more than half have yet to put an estate plan in place....

Two Incredible (And Humbling) Index Investing Truths (And Hexahectaenneacontakaiheptagon Living)

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,...

Help Yourself First Before Helping Kids Financially

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...

Medicare Part D Coverage Of Wegovy: Three Stumbling Blocks

Why don't Medicare Part D plans cover drugs like Wegovy?...

Ask an Advisor: How can I help clients retire to, not from, something? (Part 2)

Here's how financial advisors recommend helping a client who feels in danger of losing their sense of purpose or identity when entering retirement....

How to Live to 100…Without Going Broke!

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...

When is the Best Age to File for Social Security?

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...

How to Adapt Your Investment Strategy for Lower Interest Rates

No one can exactly predict the direction of interest, although we can make educated guesses. According to a recent article ... Read more...

Protecting Retirement Assets Against Financial Elder Abuse

Learn how to protect retirement assets from financial elder abuse....

Home Upgrades That Are (and Aren’t) Worth the Money

Recently, we have had to do some renovations, and it got me thinking about the balance of FIRE and how ... Read more...

Medicare Recipients Can Now Use Amazon Pharmacy's RxPass

Amazon has changed its $5 RxPass prescription service to include Medicare beneficiaries — but you’ll still need an Amazon Prime membership....

How To Turn Your Retirement Into Your Legacy

Retirement offers opportunities and adventures if you change your perspective....

Why FIRE Is So Hard for Some People and What They Can Do About it

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...

New Report Names The Best State To Retire (Hint—It’s Not Florida)

What is the best state to retire? Bankrate just issued its annual ranking of the best states to retire in the U.S....

Three Key Facts to Know About Your RMDs

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....

Why Annuities Sometimes Sound Too Good to Be True

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....

Comprehensive Commonwealth Car Insurance Review 2024

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...

Whew! I got out just in time! Do others have similar escape stories?

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...

pension/beneficiary questions

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 ...

How To Decumulate Wealth: A Practical Guide

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? 2024 Edition

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...

Life Span, Health Span, Wealth Span: A More Expansive Approach To Retirement Planning

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....