Latest Social Security COLA Forecast a Setback for Retirees
Social Security COLA forecast adjusted to 2.6% in 2025. That's bad news for retirees still struggling to keep up with inflation....
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Social Security COLA forecast adjusted to 2.6% in 2025. That's bad news for retirees still struggling to keep up with inflation....
Social Security is still drifting toward insolvency, according to the program's board of trustees. Here's how to reassure worried retirement savers....
Medicare covers “cataract surgery that implants conventional intraocular lenses (within the eyeball).”...
There's Medicare Part A, Part B, Part D, Medigap plans, Medicare Advantage plans and so on. We sort out the confusion about signing up for Medicare — and much more....
Some economists argue that tax-advantaged retirement plans are not as beneficial as they seem....
A recent survey revealed that 24% of respondents are thinking about decreasing 401(k) contributions to free up more money.¹ We get it. Times are hard for some people right now. If you are stresse...
Meet the schemers and savers obsessed with ending their careers as early as possible....
Before we delve into the topic of opportunity cost, a disclaimer: In the eight minutes or so that it would ... Read more...
If you’ve been reading Can I Retire Yet? as long as I have, you know there’s been no shortage of coverage on retirement calculators. While doing research for this post, I dug up 22 such ar...
I was fortunate to have a pension and took a lump sum after over 20 years. It was a contributory pension that allowed me to contribute 1.5% of my salary monthly for a higher pension. I'd like to calcu...
I have started reading posts and am starting to go through the wiki, quite a few good posts I've already seen and a ton of info on other things I need to consider. I'm 50 and looking at retirement dow...
In this episode of "Rock Your Retirement," host Kathe Kline is joined by guest Barbara to share an intimate and deeply personal conversation about Barbara's journey with breast cancer. Barbara leads t...
I kept my promise. Over the past two weeks, we took a vacation and I promised I wouldn’t be active on my blog while I was gone. I’m proud to report that I never touched my blog while trave...
By Dr. Rikki Racela, WCI Columnist As I delved into my financial literacy journey—which included reading the first couple of WCI books, reading this blog, and taking the Fire Your Financial Advi...
By Dr. Jim Dahle, WCI Founder I've written several posts about Bitcoin and other cryptoassets over the years. The whole subject is fascinating, even though I don't invest in these assets. It has been ...
By Andrew Paulson, Lead Student Loan Consultant and Co-Founder of our partner site StudentLoanAdvice.com Since its introduction in the summer of 2023, the Saving on a Valuable Education (SAVE) repayme...
Photo by: jb While it may seem like a simple idea to just make your estate the beneficiary of your IRA, thereby allowing you to make adjustments to your final beneficiaries via your will – there...
Doctor visits and medications are only part of the challenge of health care costs — there’s also long-term care planning. Here’s what you can do....
Owning a property in Italy where you can stay when you visit and rent out when you’re not there requires very careful planning....
Hey everyone! Wow, it’s May. The months are flying by so quickly. That’s what happens when life is good. April was a busy month for me. I went to the gym, delivered some lunches, worked on...
I decided to do some consulting for my former employer at their request, with guard rails that it be half-time, six months duration, and that it’d be W2 so I don’t have to form an LLC and ...
Wondering if anyone is in the same boat as I am. I turn 62 in December. Have a good job I like but my health is failing. Cardiac issues. I plan on retiring in Jan. My wife has a great job that she lov...
Are there travel groups / clubs for those interesting in “short” excursions. Like 10-20 people wanting to drive Seattle to Anchorage or any trip with interest. Each would drive their own v...
By Adam Safdi, WCI Columnist Many people might assume that LGBT folks come out of the closet only once in their life. (Doesn’t the whole world just know after the big reveal when we were 16? 18?...
[Editor's Note: Beginning today, The White Coat Investor will publish every single day. Over the last 13 years, we've gradually increased from running something 3 days a week to 6 1/2 days a week incl...
Today, our friend Dr. Tyler Scott is joining Dr. Jim Dahle to talk about disability insurance and help answer your questions. Tyler is a licensed dentist turned financial planner and a columnist here ...
FROM ARTICLE - SEE ARTICLE FOR MORE! Latest forecast from program’s trustees pushes back benefit reduction date by a year. By Andy Markowitz, AARP. Published May 06, 2024. The trust funds from w...
A new Gallup poll shows Americans are still concerned about having enough money for retirement, but there are some changes from last year....
My retirement incentive buyout (2x salary) was approved for a Dec switch to part-time (<50%) contract work. I still have a lot of work to do between now and then and will probably work part-time fo...
I have a few chronic health conditions which I am keeping under tight management. I depend on some regular exams and testing as well as a couple of specialists to advise on any changes to medication e...
AI in financial planning offers data-driven insights and personalized recommendations, but human advisors remain crucial....
Retirement has five distinct phases and each of them have their own unique challenges and opportunities. Understanding these distinct phases is important for anyone who is approaching retirement or ha...
B.O.S.S. Retirement Solutions is proud to sponsor the Treasure Valley Silver Awards By:Idahonews.com BOISE, Idaho (CBS2) — BOISE, Idaho (CBS2) —Upholstery isn’t a glamorous job, but ...
You may not realize it … But filing for social security could be one of the most important financial decisions of your life. Because the difference between your best and worst case scenarios&he...
As Congress battles over shutdowns, Social Security's staff has dwindled to its smallest size in decades. For retirees, that means longer wait times and delayed benefits — but advisors can help....
Understanding how home prices fluctuate over time is one of the most intriguing insights gleaned from my post on the reasons behind property bidding wars. Learning how prices change will empower you t...
In January 2024, Physician on Fire and Earned Wealth, a wealth management firm exclusively for physicians, put together a survey ... Read more...
“May the Fourth be with you.” – Physician On Fire A long time ago, in a galaxy far, far away…when ... Read more...
Navigating the stock market can feel like deciphering a complex puzzle. With an overwhelming flood of information, it feels almost ... Read more...
It’s hard to imagine utilizing behavioral economics to make better decisions in everyday life—but it's possible....
I've been retired for a good number of years. When I first retired I was nervous about sitting around twiddling my thumbs and doing nothing. So I decided to get back to hobbies I had or get into new h...
Ready for a new ride, but hate overpaying? David Baughier from Fiology reveals the secrets to buying a car at ... Read more...
I haven't posted for a long time. But I'm inspired byConfessions of a Grandma. Like me, she hasn't been blogging lately. But recently she brought us up-to-date on her life and times. Spoiler alert: Sh...
The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading ... Read more...
Emergency funds, estate plans, different kinds of insurance and smart investing strategies are all parts of a strong retirement plan....
The author suggests that when it comes to retirement decisions, we may not be asking the right questions. Asking more questions leads you to better solutions...
I received an email from Vanguard notifying me of upcoming changes to its fee schedule. The one change that stands out for me is that Vanguard may charge $100 effective July 1 if I transfer an account...
User testing allows companies to receive feedback, and in exchange, they compensate you. It’s a win-win; companies get the insights they need to refine a website or product, and you get to earn ...
Leaving these assets to your loved ones may be more trouble than it’s worth. Here's how to avoid adding to their grief after you're gone....
Adding pension income to Social Security benefits and income from required minimum distributions could see you facing a tax torpedo and higher Medicare costs....