Rich Friends, Poor Friends
My mother always used to tell me, you are the company you keep. If you hang around with troublemakers as ... Read more...
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My mother always used to tell me, you are the company you keep. If you hang around with troublemakers as ... Read more...
Does anyone know how to find an independent consultant about Medicare? Agents who are incentivized by sales commissions can be very helpful, but they may not provide me with the optimal plans for my s...
Anyone changing their retirement investment mix, retirement plans or both? Seems like we just lived through a very unusual period of financial events which dont correlate to anything we have seen in t...
I just turned 55 and got an email from my company about this but I'm confused about when I can move 50%. The rule says 50% in the 6th year of your qualified election period. Does that mean if I've bee...
Yikes! Things are not looking good on the stock market. The banking sector is floundering after the collapse of Silicon Valley Bank and Signature Bank. First Republic and other regional bank stocks ar...
Risk-free government Treasury yields have risen dramatically over the past year. The increase is a direct result of the Federal Reserve rate increases that started in 2022. Higher short-term yields ar...
Today, we are answering your questions about retirement accounts. This is a topic that comes up a lot from readers and listeners, and that is because it can be complicated. Especially when the rules k...
During the estate administration process, it is easy to see where the decedent veered off course. Often the fix was inexpensive and could have saved their heirs lots of money in legal fees....
Become an informed voter with a new app that helps you understand the hard choices our political leaders need to make to close Social Security’s funding gap....
Pre-retirees tend to underestimate future Social Security benefits by nearly $2,000....
As protests rage in France over pension reforms, we examine retirement ages and life expectancy around the world....
Registered Retirement Savings Plans (RRSPs) are one of the most significant retirement planning tools for Canadians. There are a number of ways to put your RRSP money to work during retirement, but th...
March 16, 2023 After the tumultuous year 2022, it looked like 2023 was off to a great start. But banks threw a monkey wrench into the machine, with the S&P almost erasing the impressive YTD gains,...
Retired unexpectedly early due to COVID in 2021. Have 3 IRA accounts: (1) Roth IRA; (2) Regular IRA; (3) SEP-IRA. Unfortunately, I have very hazy cost-basis info. First, Roth IRA gains are considered ...
I'm about to turn 61, and will work until 65 when I retire. Speaking in general terms, I have $500K in my 401K made up of my contributions, employer match, and decent growth over time. 80% of that is ...
Hello everyone. My father is set to retire at age 75. The issue is he has a TIAA retirement account which is like a 401k but not quit. It's a retirement account from a university. It seems to be somet...
I was not going to write this 4 years of FIRE post but I’ve had a number of requests for it which made me do a little thinking. In the end I thought it might add a little value as it’s no ...
We've all been through bad experiences. Most of them seemed bad at the time but looking back at them you find they were nothing more than a good learning experience. Tell us about yours. submitted by ...
Article from Washington Post: https://www.washingtonpost.com/business/2023/03/10/alaska-retirees-oil-boom/ submitted by /u/five_eight[visit reddit] [comments]...
The types of long-term care located in various communities are largely driven by what their oldest residents can afford. This has created stark differences in what’s available to White and minor...
So many people are working after they’ve retired. Are they on to something? And is it something you don’t want to miss out on?...
[Editor's Note: We’ve long said that the best possible asset protection for your family is a regular date night with your spouse. But sometimes busy couples need a little more guidance. That&rsq...
There are pros and cons to keeping a loved one in failing health at home. Most care can be provided at home when an elder has the means to cover the high cost. Management of all that 24/7 home care in...
Senator Elizabeth Warren is right about the costs of Medigap plans, but that's only part of the story....
High quality dividend stocks can provide reliable income: March 2023...
Nearly every retiree, and many younger adults, have heard the alarming news that the Social Security Trust Fund will run out of money in another ten years or so, although the exact date changes regula...
The best way to avoid expensive mistakes is to be informed of potential passport pitfalls well before taking a trip. Here are a few things you need to know....
Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com...
We all know that life’s got its highs and lows. When you’re riding one of those highs, life can’t get any better. You feel that all your hard work has paid off and you’re sitti...
I am a 38 year old married man and my wife is a couple of years younger than me. We have a 3 year old kid. I have seen posts here where people nearing or already retired are discussing adjusting to re...
I think there is an unpublicized widespread problem with Medicare plans that wastes taxpayer money and premiums and supplies an unneeded service. I wish I could report this to the government, but you ...
Chase’s Ink Business credit card line-up has something for everyone with a total of four cards offered. For those interested ... Read more...
I've read through some posts about people being afraid of spending their 401k and most responses assume you aren't depending in the 401k to be your main source of income. The only pension I have may b...
Wondering if anyone has a pension & a Roth IRA account. Is it worth it? Is it too much? My company offers a pension that they pay in to, no cost to me. Our package is currently $70/month/year of s...
The debate over when government should begin paying retirement benefits isn’t just a controversy here....
I'm in CA here if that makes a difference. submitted by /u/Sorakairi89[visit reddit] [comments]...
After the collapse of SVB and Signature Bank, I decided to review our existing banking relationships and see if we are well positioned to weather another potential bank run. I also wanted to share wit...
I was previously a teacher but now have my own LLC and on payroll with an s-corp. What financial institutions do you recommend for getting my own 401k? submitted by /u/Low-Zucchini6397[visit reddit] [...
Money affirmations can be a powerful tool to help you shift your mindset and improve your relationship with money. Whether you’re struggling to make ends meet or looking to attract more abundanc...
Photo credit: jb For the most part, it is recommended to merge all of your IRA money together into a single account, to simplify record-keeping, allocation, and paperwork in general. However, there ma...
A simple question popped into my head at the 2022 version of The White Coat Investor Conference. How much more ... Read more...
[Editor's Note: Every year, Passive Income MD puts on the Leverage & Growth Summit for Physicians to help doctors create an ideal life through financial freedom. And the 2023 online version is nea...
The sky was beginning to cloud over, kids were playing, ducks were looking for bread crumbs, bikers rolled bywhile teens on skateboards defied gravity. Sitting in a folding chair and watching the scen...
Rising interest rates, pressure on Social Security, unpredictable markets and longevity risks are making annuities ever more attractive as a part of retirement planning....
Historically, the markets bounce back nicely after sharp declines, so focusing on historically high-quality companies trading at today’s lower valuations could be a good recovery strategy....
Owning employer stock in your 401(k) can increase returns, but it multiplies your financial risk....
There's an old saying that goes, "Concentrate to get rich, diversify to stay rich." The idea being that you should put all of your assets into one (or a few) investment(s) to build your wealth and the...
Does anyone know what the avg TOTAL return is for a 401k by retirement? Example to make things easy: If by 65 I’ve invested $20,000 of my money into my 401k but my portfolio is worth $100k, it w...
Contents from freedom 35 blog. (www.freedomthirtyfiveblog.com) Volatility in markets continue Not a bad month but because February is kind of short I was not able to make too much. I mostly sell put a...