Discover the Best Insights for Every Stage of Retirement

The 156 House Republicans that are on board to cut Social Security

https://i.imgur.com/LOunOwh.png submitted by /u/fudgebacker[visit reddit] [comments]...

Is it better to retire in Vietnam, Thailand or Spain? Why?

I am a white collar western office worker in my beast years (40). With 2 degrees and 17 years of expertise I am reaping the rewards of hard and consistent work with good remuneration and a very promis...

handling wep

Is self-employment a viable method to avoid the WEP penalty? In other words, suppose you "pay" yourself the minimum amount required for "substantial earnings" and then report that IRS and pay the corr...

5 Often Overlooked Expenses That Could Blindside You in Retirement

How much will your expenses be in retirement? With soaring inflation, increasing longevity rates, the potential of higher future taxes, and the skyrocketing cost of healthcare and long-term care, your...

What You Need to Know for the 2023 Tax Season

Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind....

Why Investing at the Last Moment Can Hurt Your Returns

You can still put money in an I.R.A. for 2022, and that’s better than not investing at all. But an early start would have given you a great advantage, our columnist says....

Is my SS "worth" $1 million

Is my Social Security "worth" $1m? I'm a high earner and I think the max benefit I'll get at 65 is something like $3,500/month. So yearly that's $42,000. Using the 4% rule that equates to about $1 mil...

Can you form a Shell business to open a solo 401k?

submitted by /u/Dry-Tank-6152[visit reddit] [comments]...

Revisiting my earlier post about retiring at age 63 - new medical information dropped on me today

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...

Why “10 Times Your Income” Isn’t a Smart Retirement Goal

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...

Your Experience with Medicare Advantage Plans

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...

Social Security amount question

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...

Any AZ snowbirds shuttling between Socal and AZ?

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....

Using Widow’s Benefit for IRA Contribution?

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...

SSA Underpays Delayed Credits in First Year

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%)...

Roth IRA income ceiling exceeded - looking for other tax advantaged options.

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 ...

What route should we take?

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...

Best guess on an old, old topic

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...

The Perfect Retirement Investment Nobody Wants, Part 2

It doesn’t exist, but could it?...

WSJ article on taking SS early.

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...

Pre-retirement spending higher than realized

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...

What are your plans for your immobile years?

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 ...

TFSA vs. RRSP: Where Should You Put Your Money?

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...

SSDI and rolling over to IRA and financial advisors. Fiduciary and/or RIA?

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...

What’s on your bucket list in retirement?

Mine is running a 5k with my grandkids. submitted by /u/Captain-Popcorn[visit reddit] [comments]...

What do you think about 55+ Communities?

submitted by /u/The_Bow_Dasher[visit reddit] [comments]...

Broadband in High Disability Areas is Subpar

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...