Curated articles and podcasts from trusted financial experts and real retirees.
Showing 50 results of 13295
Retired Money highlights Canadians think they need $1.7 million to retire, according to a BMO poll How to save $1.7 million in RRSPs Other factors for determining how much you need to save for retirem...
submitted by /u/wewewawa[visit reddit] [comments]...
So I posted a few days ago about retiring at 63 yrs old. https://www.reddit.com/r/retirement/comments/117hr3z/am_i_crazy_to_be_thinking_about_retirement_age_63/?utm_source=share&utm_medium=web2x&a...
ChatGPT has been making headlines since it launched last year and gained 1 million users in the first week. If you’re not familiar with ChatGPT, it’s an artificial intelligence computer pr...
I am looking to enroll in one to begin in April this year. I am currently looking at Optimum HealthCare, Inc. | Plan ID: H5594-002-0 but am seeing mixed reviews all over the place. I have medical issu...
I understand that the sooner you start collecting, the lower the amount you receive will be. But what about if you retire before you start collecting? Will the estimated amounts be lower than what SSA...
Planning to retire within 5 years. I live in an LA-area house that’s fully paid off. Looking to downsize then by buying a cheaper and smaller house, perhaps in southern OC or SD, and one in PHX....
Hi, I was wondering if you’re allowed to use social security survivor’s benefit / widow’s benefit payments to contribute to a personal IRA. My mom is 61 and is receiving benefits fro...
I'm amazed not to have read the following anywhere while planning retirement, so I thought I'd alert others to how delayed credits work. As you all know, your benefit is increased by 1/12 of 8% (2/3%)...
This year was the first year where we exceeded the income ceiling for being able to contribute to a Roth IRA. Of course, I didn't know that that would be the case until well after I'd already made my ...
Investments alone aren't going to cut it....
Hello all, We are in a pickle... We need some good advice on where we should start, but first a short story. We started off very poor and we had to work very hard to get to where we are now. My Fiance...
I realize there has been a plethora of threads about ibonds, but I would like your current best guess at the reset interest rate coming in a couple of months. I would also like to thank those who in t...
It doesn’t exist, but could it?...
Money can’t buy happiness. I’m pretty sure we’ve all heard that cliche, complete with some chiding reason to abandon your financial goals altogether. And while I agree with that statement at fac...
Taxes are most likely our largest ongoing liability. Therefore, we should understand the latest tax brackets for 2023. I go through this exercise every year. Based on a thorough understanding of the 2...
After years of slowly kindling among fringe enthusiasts, the trend of penny-pinching to quit work is catching on like wildfire. FIRE (Financial Independence-Retire Early), first popularized as a core ...
The previous post State Tax-Exempt Treasury Interest from Mutual Funds and ETFs covered how to get state income tax exemption on the portion of mutual fund and ETF dividends that are attributed to int...
I never thought staying healthy would be my biggest challenge in early retirement. Before I quit working full-time, I expected money would be my biggest challenge. I figured we wouldn’t be able ...
High Price Retirees pay for taking SS early. (Sorry, I don't know how to link without a firewall. I will figure it out and post here later.) submitted by /u/Chinacat_Sunflower72[visit reddit] [comment...
Update: as someone who never created a spending budget (link below), I finally did one as we get closer to retirement. Tried Mint and Personal Capital, but neither worked well for me (PC couldn't down...
Yesterday as we were delivering Meals on Wheels to so many who can barely make it to the door, I asked my husband what his plan was for when he can’t drive anymore and for when we are shuffling ...
Back in 2009, the Tax-Free Savings Account (TFSA) was introduced to Canadians. Since then, TFSAs have grown in popularity, and as a result, there have been many great debates over the Registered Retir...
Hello. I am retiring soon. I am receiving SSDI. I have a 401a and I also have a regular pension which I have the option to take payments or take a lump sum. I am going to take the lump sum, combine it...
Mine is running a 5k with my grandkids. submitted by /u/Captain-Popcorn[visit reddit] [comments]...
submitted by /u/The_Bow_Dasher[visit reddit] [comments]...
The Internet has become a necessity in our modern society. Yet 42 million Americans live in areas of the country where the connections to technology are subpar or, in extreme cases, nonexistent. At th...
By Dr. Charles Patterson, WCI Columnist Moving is a part of life for physicians. While there are doctors who spend their entire educational and medical career in one state, they tend to be the excepti...
Long-term care insurance can be confusing at times, so here are some insights about premium increases, when you can use your benefits and other issues....
Though the markets are still fluctuating, this expert sees an encouraging upward trend and is giving himself permission to check his investments....
3S Health is Recruiting Senior Living Focus Group Participants Do you or someone you care for live in a senior living community (Assisted Living, Independent Living, Nursing Home, Memory Care, etc), r...
Why reinvent the wheel when you can benefit from the experience of others? Here are some real-life stories from folks who have created sustainable side hustles....
With Medicare, what you think you know can hurt you....
February 23, 2023 — One of the hottest acronyms in the real estate world is ADU, which stands for Accessory Dwelling Unit. Demographic shifts from Covid, exploding real estate prices, and a shor...
Mine is that I didn't travel more when I had the opportunity. I let it slip away. submitted by /u/Scott-A-Gese[visit reddit] [comments]...
From AARP magazine source: https://www.aarp.org/entertainment/celebrities/info-2023/tom-brady-interview.html Q. You retired, then unretired last year. Is retirement overrated? A. “Retirement&rdq...
Those of you who are retired and don’t have a pension and didn’t save 1mm dollars, how comfortable are you in retirement with SSec and a moderate retirement savings? Did you downsize your ...
Open AI Chat GPT was asked to write two articles—one about why the stock market will go up and another about why it will go down. While this technology is in its infancy, it’s already impr...
In our post of July 23, 2020 entitled, “How to Fix Advisor Retirement Planning Models,” we summarized some of the problems with commonly used Monte Carlo approaches used by financial advis...
A couple of things happened recently, I was on a cruise and I have started taking over 50 exercise classes at the local Rec’ center and more than once I looked around and said to myself “t...
Here’s a scenario that’s played itself out several times since I started writing about personal finance. A couple, at or ... Read more...
I recently went out with some good friends of mine – one I’ve been friends with since high school and two since college. They’re great guys and it’s always fun when the stars a...
Buying real estate with someone other than a spouse can be a costly mistake. A cohabitation agreement will make it easier if the relationship goes south....
Know the long-term effects before choosing a plan....
Should you work with an attorney to write your will, or can you do it yourself? That depends on a number of things, including where you live....
This article proposes that, as a way to encourage consumers to save for retirement, banks offer a new type of savings account that has retirement plan features, the demand for which, unlike existing s...
Introduction Credit cards are a ubiquitous financial tool in our modern world. They offer a convenient way to make purchases, build credit, and earn rewards. However, when it comes to kids and credit ...
Are you looking for higher returns on your investments? Well, if you want to go big, then you might just have to go small. What I'm talking about is called "small cap investing," or investing in stock...
Special Thanks to the author SW Hubbard (Susan) for this article, which was originally published on JungleRedWriters.com. It is the latest in our Downsizing/Decluttering/Ridding Out Series. February 2...