Curated articles and podcasts from trusted financial experts and real retirees.
Showing 50 results of 15646
Last month, J.P. Morgan released its first ever Global Family Office Report summarizing how some of the wealthiest households on Earth manage their money. One of their most notable findings was that t...
Many people take the wrong approach to their bucket list. Some perspective on this popular retirement concept....
I am a male 61, wife is 53. Our marriage has consisted of traditional rolls, and very successful. She has been working for school system for 15 years as a teachers aide. I will retire before my wife. ...
I fell into the assumption that my daughter would be taking care of all the payments. Well now I'm retired and on SS and a small supplemental income and daughter hasn't made payments in quite awhile. ...
I've now paid cash for a home twice: once for a fixer in 2019 and again for a fully remodeled home in 2023. In this post, I'd like to share some of the psychology of paying cash for a home. I know som...
Certain mindsets are beneficial as you work toward creating wealth that allows the lifestyle you envision....
Keeping your family’s wealth going — and growing — across future generations takes planning, and an intrafamily loan can be one tool in your toolbox....
As an objective third party, your financial advisor could offer insight into financial issues to lessen conflict, but they’re not a mediator....
Organizing your finances can seem overwhelming, but it is entirely doable if you take the appropriate actions. Discover how to manage your finances with focused techniques for creating budgets, paying...
In a previous column, I wrote about the necessity of winding up registered retirement savings plans (RRSPs) by the end of the year you turn 71. It’s a topic that becomes increasingly compelling ...
By Dr. Francis Bayes, WCI Columnist On the WCI Forum or subreddit, I have wondered why people ask questions on topics that have been addressed in WCI blog posts or previous threads: “Please help...
Have you heard of IRMAA? IRMAA can be an unwelcome surprise if you aren’t expecting her. On this episode of Retirement Answer Man, you’ll hear what to expect from IRMAA and your Medicare c...
Everybody’s retirement is different, so the answers to these questions can help you determine the appropriate asset allocation for you....
Customer Relationship Management (CRM) systems have become indispensable tools for businesses aiming to enhance their customer relations, streamline processes, and boost productivity. However, the suc...
Love my teaching colleagues beyond measure, but it is time. Just turned 63, hubby retired 3 years ago and financially we are set. We are closing on a new house at the end of June in a brand new locati...
Interested to know how you track spending v your budget. We are semi-retired w a variable income that we do not figure into our income so taking withdrawals down savings and not tapping SS until 70 pe...
Today, we answer several of your mortgage questions, including if you should put all the money you can toward your down payment or use some of it to pay off student loans and what kind of mortgage you...
Medicare involves layer upon layer of rules, policies and procedures, leading to confusion. This article cuts through some of the confusion....
A look at how to assess and sell collectibles that you keep, including jewelry, coins, sports memorabilia and more....
Concerned about RMDs? Worried about outliving your retirement savings? A qualified longevity annuity contract defers some RMDs and guarantees lifetime income....
Ensuring that younger generations don’t waste the wealth you’ve worked so hard to build starts with careful estate and tax planning....
If you’re a healthcare professional looking to share your experience and knowledge with the world, build your professional and social ... Read more...
Did you have a good Memorial Day Weekend? I heard on the radio that it was one of the busiest travel days ever. Boy, am I glad we stayed home. I hate traveling when the airports are so busy. Anyway, i...
It’s important to your retirement savings and to your future retirement lifestyle to understand what you’re invested in. If you have a 401(k), this begins with asking questions – the...
The 2022 retirement law aims to help workers pay off their student debts and save for retirement. Can it do both? It's complicated....
Are older workers more confident in their finances or more realistic about their prospects? The New York Fed’s research department just reported a major shift in retirement expectations. Workers...
What the heck is a representative payee? Social Security approves a family member or, less frequently, an organization to receive benefits on behalf of an individual who is old and infirm or has a dis...
IMHO marriages should view finances from an "our" perspective, not a this is "mine" and that is "yours" perspective. Especially before and during retirement. Marriage should be a union of equals, with...
I get requests to blurb/promote books often, but now that I have an energetic 8-month-old who just started crawling (I’m both in awe and horrified), I don’t have much time to read books. W...
When estate planning, we often think about our spouse or children — but what about our furry family members? Here’s ... Read more...
A prenuptial agreement helps protect your assets in a divorce. Here's what to know...
Like dinosaurs, pension plans are fascinating, large, and strong. But unlike dinosaurs, pensions are not extinct. In fact, pension plans are alive and well today....
Are women better investors and financial planners? Today on Your Money, Your Wealth® podcast 483 with Joe Anderson, CFP® and Big Al Clopine, CPA, three different husbands want to retire, while...
Lots of investors use the S&P 500 index as a key part of their investment plan, thinking it spreads their money out well among America's biggest companies. But in this episode, we're going to ques...
In addition to their asset library, Creative Fabrica offers Studio, a design tool allowing you to combine various assets to form unique designs. While Studio offers a seamless creation process and AI-...
I am a 70-year-old retired male, single with no children, currently living in the Midwest. I’ve spent most of my life living out West and am used to living single. I moved back to my hometown in...
Thank you to the folks on this sub whose posts helped encourage me to move out of Wells Fargo, hire a CFP to develop a plan, and then work that plan through Fidelity. It took me too long to pull the t...
I am 60 but my spouse is 38. I currently have our health insurance through my job. I plan to retire at 67. 1. When I turn 65 can I keep my employer insurance or will I be forced to take Medicare with ...
My wife & I (both age 70) are selling commercial real estate we have owned for 40 years and lived on for 20. After capital gains tax & depreciation recapture we still end up with a nice bucket...
As spring prepares to turn to summer, in some ways it feels like time is going backwards…. to 2020. Speculation is running wild with meme stocks and cryptocurrencies back in the news while the ...
I’ve done my fair share of traveling over the years, mostly while I was young and living on a tight ... Read more...
Photo credit: jb If you’ve been looking into your Social Security projected benefits for long, you’ve probably run across the term Primary Insurance Amount, or PIA. Click on the link to se...
Owners of trust accounts should review new FDIC deposit insurance rules to be sure they still have maximum coverage....
By Dr. Jim Dahle, WCI Founder Unlike the Vietnam era, most Americans are now thankful for the service of their military members—including doctors, lawyers, pharmacists, and other “high-inc...
Hello all - new to the community. I am a 60 year old male in a committed relationship with my spouse. I make good money and so does she and we live in a downtown condo that has developed quite a bit o...
I have some $’s in an IRA and 401k but most of my (limited) net worth is tied up in home equity. Someday (maybe sooner than I hope) I’m gonna retire and downsize. I get lots of home equity...
Both spouses can receive Social Security based on their individual earnings records and at what age they claim benefits...
There are many technological solutions to help retirees live at home, rather than enter homes and communities....
These important issues are all connected and can affect your taxes, likely setting them at a certain level for the rest of your retirement....
The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading ... Read more...