Curated articles and podcasts from trusted financial experts and real retirees.
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The end of the year is always the best time to reflect and plan. I'd like to share severalfinancial moves you should make before the new year in order to protect your wealth and hopefully grow your we...
When it comes to achieving your financial goals, one investment avenue that stands out is annuities. Annuities offer a unique combination of protection and growth potential, making them an attractive ...
Photo credit: jb If you have an IRA that you have to take Required Minimum Distributions (RMDs) from, you need to do this every year by the end of the year. So what if you forget one year? The rule is...
Most people feel like they are behind when it comes to their finances. They look around and see other peoples’ houses, cars, clothes, etc. and think “wow, they must be so far ahead of us.&...
Benefit/contribution ratios provide no guidance on how to fix Social Security. Two of my friends – Andrew Biggs (“No, Social Security Isn’t Earned”) and Gene Steuerle (“L...
Fidelity chooses to give a selected group of customers free TurboTax Premier every year. If you’re selected and you use the link in the special offer to TurboTax’s website, the online vers...
If you are over 65 and retiring or losing your job in the near future, here is one resolution you must make. Resolve to enroll in Medicare Part B, medical insurance....
It seems like no matter how much we save we always have that nagging worry about whether it is truly enough. One of our listeners is looking for ways to reduce the chances of running out of money in r...
A cognitively impaired elder may have lost the ability to handle finances but they may still be legally capable of changing a will, trust and appointed power of attorney....
[168] – There are only 10 days left in the tax year. What can you do right now to maximize your refund? In this episode, Jeremy Keil discusses strategies for maximizing tax refunds and retiremen...
Episode 439: 2024 Investing Themes- review & commentary Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ——————&m...
As I look back on my career as a financial planner, I think of the diverse range of human experiences ... Read more...
There's something I've noticed about some people who make lots of money online—they derive the bulk of their income by selling other people on how to do something rather than doing that thing th...
While inflation and taxes are both major scourges for retirees, there’s a silver lining in how the two interact. That’s because the federal government builds in a degree of inflation-index...
Thebrief’skey findings are: While annuities offer retirees guaranteed lifetime income, few people have them. A new survey asked financial professionals about the value of annuities for their cli...
Proposed Billionaire's tax will radically alter income and estate taxes and planning for wealthiest. It may apply at $100 million level of wealth....
SSI provides monthly cash benefits to approximately eight million Americans who are elderly or disabled and who have very little or no income....
If you haven’t heard, Intuit decided to shut down the Mint personal finance site/app on January 1, 2024. They made this announcement on October 31, 2024, giving users only about 2 months to deci...
When you’re doing well financially, paying advisor fees might seem unnecessary. So do you need an advisor if you’re already in a good place? Having a successful retirement isn’t just...
That said, there are worthwhile apps to explore. We tested several, and the following are games that pay real money and don’t require you to drop chunks of cash to do so. Games That Pay Real Cas...
Abstract This paper examines family representative payeeship provided to adults with mental illness. In-depth interviews were conducted with five beneficiaries with mental illness who have a family re...
Joe and Big Al spitball on investing in index funds, bonds, CDs, treasuries, annuities, net unrealized appreciation on company stock, and where to park cash right now. Plus, how do taxes, Roth convers...
Learn about the proposed rule to reduce junk fees in retirement accounts....
Four decades into the 401(k) experiment, it shouldn’t come as a surprise that employers are reconsidering pensions....
Fund retirement accounts. Give to charity. Harvest losses. Get energy efficient. Here are some strategies to shrink your taxes for 2023–and beyond....
Photo credit: jb When planning for your Social Security benefits, there is an additional tactic that you may never have heard of: the Protective Filing Statement. This statement is a way to apply for ...
“Say goodbye to sleep.” “You won’t be able to travel anymore. You’ll definitely have to settle down then.” “It will stress your marriage to the breaking point...
Given enough time anyone can become a millionaire. Even those starting out after their 50th birthday. Keep reading to see what it takes to retire a millionaire....
I recently received the following reader comment: “In regards to spending in retirement, I wonder if you could educate your readers, including myself, about differences between a 60/40 asset all...
There are few things more taboo than talking about money and death. But, if you are a parent approaching retirement, it is imperative to have the aging parent money talk with your adult children. Unfo...
In today's encore episode, we're talking about how to avoid the six most common Social Security mistakes. Some of these mistakes can be easily corrected. However, others can result in long-term or eve...
When I go to social security site It shows an amount at different ages and lines from 62-70. I plan to retire at 64 but not take social until 67. I know they do a 40 year look back. But is that amount...
Know what to expect if you inherit an IRA and how to establish a plan for taking distributions....
The term “midlife crisis” often conjures up images of sports cars, reckless affairs, and existential dread. However, it isn’t all bad. A midlife crisis can also help you chart a cour...
While watching some competitive 5.0 tennis, a top 1% level, I suddenly started to reflect on why the window of opportunity that many of us have is smaller than we think. From 2015 until 2021, I played...
Heading to Wisconsin/Minnesota and western Lake Superior next summer. Thought I’d look into a canoe trip of several days in the BWCA. Feeling that a guided trip would be better for us (healthy c...
I live in Southern California, small beach town. The majority of my money is tied up in my house. I only have $600k in retirement funds, but my house is worth 2.5mil. I still owe $400k, but at 2.5%. I...
So, I retired in February 2022, and soon fell into a happy period of laziness and inactivity. A year later, I had a good chat with myself and told myself to buck up my ideas and do some interesting st...
Hiya! I retired 5 years ago at 57 (single) with 1.2 million net worth. Financial advisor told me 99% chance plan would work until I was 99. Told him my spending would be around 5k net a month. I will ...
I am pulling the retirement trigger in 12 months. I’ve planned for expected expenses and I have an emergency fund for unexpected expenses. But what kind of things am I likely to run into? Unexpe...
Episode 438: Fed isn’t planning to hit 2% inflation target until end of 2026. Fed rate cuts in 2024 would keep the yield curve inverted. Sign up for free ALERTs & Market Commentary at: https...
The Sunday Bestis a collection of articles I’ve curated from the furthest reaches of the internet for your reading pleasure. ... Read more...
Let’s admit it. At various points in each of our careers, we all dream of retiring early from the rat ... Read more...
Traditionally, retirement and financial planning have been treated the same. My assessment may shock you. Retirement planning is not financial planning....
For most people thinking about retirement, budget is a key factor. Here are 3 destinations where you can live the good life on a monthly budget as low as $1,200 per month....
You don't want to end your career prematurely and regret it....
I’ve talked myself into keeping a standard 60/40 portfolio in retirement, and one thing that keeps me up at night is the chart for 2000-2008. The first 3 years had negative returns, and the tota...
I (65f), divorced. My income is Social Security plus some side income from selling crafts. I have a partner of 10 yrs who is quite comfortable in their retirement funds and helps keep our standard of ...
The deal follows several others in the past 12 months and reflects growing demand for retirement plan services to small businesses, Edelman said....
Anticipating future trends can lead to smart investments. Drawing from my 20 years of real estate investing experience, I expect bidding wars to resurge in the housing market in 2024 and beyond. The m...