Curated articles and podcasts from trusted financial experts and real retirees.
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Estate planning can be a sensitive topic for families to talk about. Here's how to get past the awkwardness and discuss estate planning with your family....
COVID has wreaked havoc on the nursing home industry’s staffing. Prior to COVID, only one in five nursing homes had to hire some of their workers from outside agencies to fill in as caregivers f...
Too many people get wills, trusts, powers of attorney and healthcare directives drawn up and then fail to sign them. Here's how to get past that....
A guide to camping for retirees, as older Americans are increasingly trying out the unique time outdoors....
Episode 445: The Fed likely won’t start cutting interest rates until June or July, that means we still have several months to enjoy 5% risk free rates. So now it’s time to start thinking a...
How many of you help fund private elementary and secondary school for grand children or maybe even children? This is something I never thought would be a consideration, but we all know schools have ch...
What kind of logical and/or illogical reasons stop you from spending in retirement and drawing down your nest egg? submitted by /u/victorlazlow1[visit reddit] [comments]...
For many facing the post-career phase of their lives, retirement is less about finance and more about the need for continued meaning and purpose....
This is a time when the question of whether people are materially better off than they were four years ago comes up....
As I wrote in my previous column on Fred Vettese’s PERC, I’ve reached the age when my registered retirement savings plan (RRSP) will soon have to be converted to a registered retirement in...
When to file for social security? Applying at age 70 maximizes your monthly payout, but claiming early could provide advantages that can’t be quantified on a spreadsheet....
If you’ll have multiple income streams in retirement, you’ll need to coordinate everything so you don’t end up paying taxes on your Social Security benefits....
If you're aiming for more value and cost-efficiency, you might find it surprising that opting for a more expensive home over a median-priced one could be the way to go. While it may seem counterintuit...
The Health and Human Services as well as Defense departments are among the agencies that would face challenges without this funding....
Here's what to do when Medicare won't pay for a nursing home facility....
I just experienced Tesla’s newest version of FSD (version 12.3) with my friend Will from ALL Electric! Tesla nerds already know that v12.3 is a big deal. Everyone else, I assure you that this is...
A recent study into expat happiness around the world saw one geographically-blessed, culture-rich European haven dominate the rankings....
I had to retire early (62) due to a work injury. Due to that my pension and Social Security are small. I do qualify for Medi-Cal dental, however all of the offices I have visited are not up to the car...
I am 63 and have been managing my own investments in about half of my retirement portfolio for most of my life. Frankly, I've not done so well in the last 5 years. It is still in the black but not nea...
Adults in the United States spend an average of 62 minutes per day watching Netflix. This amounts to over 377 hours per year on the streaming platform, which might make you think, “Dang! Can I g...
In today's fast-paced environment, it can feel like there's never enough time to accomplish all of our goals. Between career obligations, socializing with friends and family, and our own personal deve...
A donor-advised fund, or DAF, lets the donor reap tax benefits while also being able to direct how the money is distributed and invested....
Watching your budget helps you reduce unnecessary expenses, and keeping an eye on your net worth as it rebuilds can provide a psychological boost....
The first year of the pandemic, a period of great uncertainty, was even more fraught for older workers, who were at higher risk of serious illness or death if they contracted the virus. The second yea...
Private long-term care insurance is unlikely to be part of the solution. One of the greatest health-related risks facing older people is the cost of extensive long-term care to help with activities of...
Medicare expects individuals turning 65 to enroll in a Part D prescription drug plan at age 65. However, those who have creditable drug coverage can delay enrollment......
The RSC stood up to Donald Trump’s position that Social Security reform can be ignored or hand-waved away....
Much of what you read about Social Security running out of money is wrong. Learn the facts about about how Social Security is funded....
Social Security plans to default to withholding 10% (not all) of the recipient's monthly benefits to recoup debt, SSA head says....
We had a good retirement income from pensions and investment income, so I waited to 70 to maximize my SS payment. I realize it makes sense for some people to take it sooner, but my health and genetics...
Real estate in either North or South California is insanely higher than most of the other areas in US (leave NY City or a few major cities). Usually, retiring implies downsizing, decluttering, letting...
Avoid penalties and minimize taxes when you pull money out of your 401(k) or IRA....
I retired in January and must decide whether to take my Company pension in a lump sum or monthly distribution. I am female, 65 and in good health. If I elect the lump sum I will get $187,382 and if I ...
Is the loophole that one can make contributions at age 65 (or 65+), tax free as expected, and do any of the following with no penalty: a. With drawl the full amount. At any time. And pay tax at your c...
Lately, I've been pondering why I have less admiration for men who claim to be retired but have a working spouse. Is it fueled by envy? It's possible, considering I wouldn't mind if my wife were the b...
Corporations have been raking in high profits and using those mainly to pay dividends to their shareholders and building up their stockpiles of cash....
Medicare Advantage enrollees have until March 31 to change plans. What to know....
Cash advances are short-term loans intended to get you to payday without going into debt or getting hit with an overdraft fee. They’re great for moments you’re in a pinch, but they shouldn...
A lot can go wrong (including inadvertent law-breaking) if you choose to go the easy route rather than using a trust to transfer real estate to your child....
The answers to these five questions can help you determine when it’s a good time to file for Social Security. The timing is different for everyone....
If you have gaps in your plan for retirement income, you might consider adding the value of your home to your planning....
One strategy is to consider your filing status, which can affect the net investment income tax (NIIT) that successful retirees pay on certain investment income....
Having a higher income doesn't mean you also have enough of the other things that make you feel truly happy and wealthy (relationships, hobbies, time)....
Two hypothetical examples of Roth conversions made at different times (all at once vs as you age) show a stark difference in what could be left for your beneficiaries....
Don’t be like the captain of the ‘Titanic’ and ignore warnings to be prepared for risks that lie ahead when planning for your retirement....
Capping Social Security clawbacks at 10% for some beneficiaries is among the changes that O'Malley plans to propose....
To prevent your retirement dream from becoming a nightmare, you should carefully consider the logistical and financial hurdles of retiring outside the U.S....
Why would a financial advisor suggest that Frank in Lake Wobegon sell a piece of inherited property, pay 25% tax, and invest the lump sum? Mark in Florida is 72 and invested in CDs. Should he go back ...
My spouse and I have worked in the same office for almost 15 years. We will be retiring at the same time three years from now). Has anyone been in the situation? I know people can struggle to along wi...
I’m 64 and getting very close to submit my retirement letter. Today, my wife and I usually head out for lunch and dinner. Nothing expensive and it breaks up the day well. However it would probab...