Showing 50 results of 15674
Concentration is Not Your Friend
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...
Total 401k return by retirement?
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...
February 2023 Options Trading Summary $2045
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...
Homelessness: Can You Pass this Quiz?
Do you know the main reason Americans slip into homelessness? Are you aware of the roots of this longstanding crisis? The best way to counter negative views of homelessness is to develop a better unde...
Retirement Splurge?
When you retired was there something you splurged on? I know a lot of us try to pay everything off and cut expenses during retirement. On the other hand I feel like we work hard all of our life to enj...
Social Security Confusion Regarding 40 Credits and Years Worked
Hello- I'm hoping someone here has an easy answer to this question. I have the required 40 credits to claim social security. For many of my working years I was making high 5, low 6 figures (range was ...
401a rollover to IRA
My wife has a 401a from the company she retired from and wants to roll it into an IRA at Fidelity. The employer is telling her the distribution check will be made out to Fidelity FBO her, but is also ...
Gold ETF in IRA
Hello ladies and gents, Whats everyone's opinion on having a Gold ETF in your IRA acct. The Google machine gives a lot of mixed feedback and I'm struggling to make an informed decision. I am early 30s...
Taking SS at full retirement age and still working
Does anyone know and can answer if one is taking SS at FRA and still working, is that person able to increase the SS benefit by replacing a lower wage year with a higher wage year after starting to co...
Why Didn t Anybody Tell Me These Before I Retired
March 15, 2023 — It seems like retirement shouldn’t be allowed to start until a person went through a required course. There are so many important decisions – when to take Social Sec...
Why Didn’t Anybody Tell Me This Stuff Before I Retired
March 15, 2023 — It seems like a person shouldn’t be allowed to start retirement until they went through a course. There are so many important decisions – when to take Social Securit...
February 2023 Early Retirement Update
Welcome back to another update from Root of Good. We are slowly easing into spring. Or so we thought, until we got a brief snow blizzard over the weekend. It was above freezing the whole time, but it'...
How are You Dealing with " Pre" Retirement Fears?
I turned 61 this year. The truth be told, I have been in denial about it for so long that I am actually hurtling headlong towards 62. Good grief. When did I get so old? At this age, my mind should be ...
13 Ways to Lower the Tax Bill on Your Income
By Dr. James M. Dahle, WCI Founder More income is almost always a good thing, but not all income is created equal. Inadequate financial literacy often leads to paying too much tax on the income you do...
Digging, Mudding, Building, Cincinnati, NYC
I’ll bet you’ve never seen a title like that on a blog before. Allow me to explain. I’ve been pretty busy lately. The Project House is almost ready to become a furnished rental: I&rs...
50 ways to spend less and save more money in 2023
The economy has been great. We’re all making money, but I’ve got some news for you, and you might not like it The economy won’t always be this way, and those of us who will emerge wi...
Financial Planning Checklist For LGBTQ Families
There are areas of financial planning for LGBTQ families that need special attention and are often overlooked. Taking a proactive approach will help ensure that LGBTQ couples’ finances are handl...
Denied by AI: How Medicare Advantage plans use algorithms to cut off care for seniors in need
submitted by /u/lebushjr[visit reddit] [comments]...
Cyberattacks Are Increasing: How to Prepare
When it comes to preparedness, we tend to focus on preparing for our financial futures. Unfortunately, this often includes providing our readers with tips for avoiding becoming the victim of cybercrim...
15 Biggest Retirement Mistakes You Will Regret Forever
In this article, we take a look at the 15 biggest retirement mistakes you will regret forever. For more such retirement mistakes, go to 5 Biggest Retirement Mistakes You Will Regret Forever. Retiremen...
Hypothetically, say I worked for Silicon Valley Bank and built a pension Bank fails Am I still entitled to receive company pension?
I am not sure if this is the right forum to post question. submitted by /u/afunbe[visit reddit] [comments]...
Pack Your Bags for A 3-Year-Cruise
Pack your bags. It’s time to live your digital nomad dream! How would you like to live and work from a cruise ship? If you work remotely, you really need to check this out. Life at Sea Cruises i...
Focus on Your Spending Budget and Your Funded Status, Not on Withdrawals from Your Accumulated Savings
It seems that every other article we read these days in the retirement media involves someone’s thoughts about how best to withdraw funds from accumulated savings to supplement income from other...
How is Social Security base rate computed?
I know all about how the amount we receive is adjusted by whether we retire at, before or after FRA. But what I’m trying to learn is which 35 highest years of income go into the equation- does i...
401k rate of return?
Hi, I'm nowhere near retirement but I've been investing in my 401k for quite a while now. I know if I have demanding concerns I'll speak with an actual financial advisor, but I'm curious if anyone kno...
Five Problems People Have When They Retire
Following the footsteps of others can give you a clearer path to your own retirement. Here are some challenges currently facing today’s retirees....
What are my next steps?
I’m 60, SF, no kids and starting to seriously think about my next steps. I have a good job (85k) and benies and ~$500k in my 401k. Only have ~ $2k in savings and owe $5k on CC. Car will be pd in...
What should I chose? Im just starting my roth IRA today and am planning on putting in $100 per month what should I invest in?
submitted by /u/MyNameNickk[visit reddit] [comments]...
Is this enough for my wife to live on?
Hi. We are both in our mid fifties and live in Los Angeles. If I were to die tomorrow, a distinct possibility, could she make 300K last the rest of her life? She’s on permanent disability and re...
I just started a mission square retirement account at work that my employer contributes to I see two different accounts when I login, one labeled RHS & one labeled 457B I am brand new to this so
submitted by /u/VicWoodhull[visit reddit] [comments]...
Can someone explain the reasoning behind penalizing SS benefits if you earn too much
submitted by /u/Civil-Action-9612[visit reddit] [comments]...
The Upside Once The Fed Destroys The Middle Class
Bear markets and bank runs aren’t good for most people. But let’s try to look at the upside if the Fed destroys the middle class, shall we? Thinking in extremes provides clarity to help ma...
Need advice on ira portfolio diversification
New to investing and recently opened a roth ira. Im wondering if this would be a good portfolio: 55% FXAIX 30% FTEC 10% FSGGX 5% FXNAX I'm 21 so I don't mind being aggressive, but wanted to know if th...
I have my own Roth IRA and my companies Roth 401k, how should I contribute?
I’m just coming up on year one at my newish job. Decent pay (70k but a raise is in the works in the next two months that is negotiable). I’m currently 30M. Currently have about 15k in Roth...
No FDIC Insurance Why a Brokerage Account Is Safe
News came last Friday that Silicon Valley Bank was taken over by the FDIC after it had a bank run. Silicon Valley Bank was the 16th largest bank in the country with over $200 billion in assets. Such a...
Back End Slats A SLAT, ILIT, DAPT, Or SPAT By Another Name?
SLAT, DAPT, SPAT - Demystifying the Trust Alphabet Soup including the latest moniker "Back Door SLAT" to help you really plan....
The Danger Of Dualism In Financial Planning
In the age of blogging, vlogging, podcasts, and TikTok, bite-sized personal finance instruction is abundant. But is that helpful or hurtful?...
Highlights and Behind the Scenes Stories from WCICON23 (Where One Doc Became an Actual Hero)
By Josh Katzowitz, WCI Content Director Now that the giant stage and video screens in Phoenix have been broken down and now that everything else from the Physician Wellness and Financial Literacy Conf...
Dividend investing and Social Security vs Sequence of Return risk and owning bonds
I am wondering about living on dividends and social security in retirement, and how this solves certain problems raised by sequence of return risk and owning bonds, both in the years before retirement...
How do I get over the fear of spending my 401k?
submitted by /u/mmura09[visit reddit] [comments]...
For those considering early retirement, I found mom's state and county property tax statement the year I was born
She bought a typical suburban home in Texas and paid $3.33 in state and county property taxes. Times have certainly changed since 1960. submitted by /u/Wizzmer[visit reddit] [comments]...
The Sunday Best (03 12 2023)
The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading ... Read more...
Is There An Ideal Age To Retire?
Some of us are naturally drawn to optimizing things. Can your retirement date be one of those things? There are ... Read more...
Saving on streaming services
I have entirely too many. How many of you cancel then resubscribe for planned binging? I’m thinking I need to start doing this. submitted by /u/Huge_Prompt_2056[visit reddit] [comments]...
Can you explain to me like a 5 year old: how does one take distributions from portfolio in good years and then in bad years?
For example, if your portfolio earned 12% one year, do you stand by the 4% rule and leave the rest to keep working? submitted by /u/Americantruther2023[visit reddit] [comments]...
Retire in Portugal (via D7) and purchase retirement home possible?
Since Portugal's Golden Visa has come to an end, I was thinking of retiring there instead. My question is it possible to buy residential real estate using my retirement fund (e.g., 401k, IRA, etc.)? W...
How Taxes Work in Retirement | Sensible Money
In retirement, each source of income has its own set of tax rules. You may need to set up withholding and quarterly payments. Here are the tax rules that apply....
HOW DOES YOUR PERFECT FRIDAY LOOK LIKE IN RETIREMENT?
Friday night is our witching hour, beginning with craft cocktails with freshly squeezed grapefruit juice, Japanese plum wine, Sake, and tequila. The drink, O-REN Ishii, is named after the female assas...
Time spent gardening is associated with better mental wellbeing and life satisfaction in Mid-to-late adulthood, especially in older adults
submitted by /u/totemp0le[visit reddit] [comments]...