Curated articles and podcasts from trusted financial experts and real retirees.
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I've recently started looking at a bit of estate planning as I am aging. I am still a number of years from retirement, but my health isn't perfect and given my family history, I probably won't be arou...
So I saw in another post ppl using wreath trace or mint. I've never used or heard of either. I'm still working, 48, got one child in junior year. I get a medical stipend monthly. I have 300k in my 401...
I am seeing a few posts where people asking questions which mainly involve cheap places to retire and I wonder if they actually have whole list of wants or just cheap. For example on my list for a new...
Hello, This might be an odd question, but I need advice and I’m not sure what to do. I’m 32 and currently have a retirement account through work. I contribute 3% and they match it. My mone...
On today’s episode of the Financial Independence Podcast, I welcome back Ramit Sethi from I Will Teach You to Be Rich! I needed someone to come on the show to provide some tough love and Ramit w...
I earned about 285k base plus some bonus. Spouse earns 220k all in. Am 48 years of age. 2.3 million in assets. 350k house equity, mortgage of 400k. Can I quit and still be on path to happy retirement....
Why the market has no interest in a better way to prepare financially for aging and illness....
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When you earn interest from U.S. Treasuries in a taxable account, the interest is exempt from state and local taxes. How the interest is reported on tax forms depends on whether you hold Treasuries di...
People rightfully worry about inflation since they get to keep less of their paycheck, but there are some, though not universal, positive signs on inflation. In sum, we are already heading in the righ...
A warm climate, relaxed lifestyle, and happy memories have tempted many a retiree to pull up stakes and load the moving van....
Today on the podcast, we are answering your questions covering an array of topics. We spend some time on where the best place to save your money is when you need to access it sooner than later. We cov...
I can roll over the Max contribution to a Roth. Then do it again every year. 2 roll over into a money market account. My questions are: what else can I do? Could I use my Roth to invest into Treasury?...
Curious to get everyone's opinion on this... What would you need to have saved or bring in on a monthly basis to be comfortable with retiring?? submitted by /u/taylor_m_johnson[visit reddit] [comments...
submitted by /u/TechnicalPackage8292[visit reddit] [comments]...
I am in the DC area now, (suburban Maryland) considering a move within a two hour drive. 63, single female. My adult kids will be in the DC area so my initial ideas (Asheville, Santa Fe) feel too far ...
I'm looking to retire in the Mediterranean in the next 30 years. But, upon researching, I'm seeing that one would need to have passive income to be able to afford up to $25k - $30k annually if they in...
I thought about buying a house or condo in Miami or Fort Lauderdale Florida but this subreddit convinced me that I should try renting a room for a month or two in the winter. Thanks. I might save a bu...
Wife and I are both 52. I’m currently making around $300k a year in a fairly high stress role that I hate. My wife retired 5 years ago due to health issues - she gets $36k a year for disability....
5 years from retirement; are there any towns with a vibrant nightlife, moderately priced housing market (and land?) that is also tax friendly for a military retirement? I currently live in Visalia, CA...
The Medallion Fund, managed by Renaissance Technologies, is one of the most successful and mysterious hedge funds in the world. Founded in 1988 by mathematician Jim Simons, the Medallion Fund has prod...
The best reason to set up a power of attorney for yourself or an elderly family member is to avoid a far more contentious and expensive alternative later: guardianship. Jonathan Williams A power of at...
I'm being asked for 14+ hours at a non-profit and also my flexibility to come in on the weekends. Seems excessive, but I need to have a reason to change it as it is being framed to me as a very import...
[Editor's Note: Today is the day that could change the lives of every medical and dental student reading this. Beginning at 6pm MT, WCI founder Dr. Jim Dahle and StudentLoanAdvice.com co-founder Andre...
The new law makes important changes in required minimum distributions for retirement accounts....
Today’s interviewee is a young 45, has a single fund in his portfolio, and has an extremely low withdrawal rate ... Read more...
Yes, you must think of your side hustle as a business, but be careful how you measure its success. There’s a reason why it’s a side hustle and not a full-time job....
Your optimism or pessimism about our politicians’ courage to shore up Social Security benefits could influence your claiming strategy, depending on your situation....
If someone where to invest the max IRA contribution limit of $6,500, then turn around and roll that over into an employer 401k, would that then reset your IRA contributions for the year? Allowing you ...
The perk of retirement is that you have time to travel the world, but what do you do with your furry companion while you are away? Partnering with our service, would give you access to a discounted se...
Newly retired and living in Halifax. Lived in Vancouver for a few years in the late ‘80’s and been back to visit most recently last May for a few weeks. It’s my favourite place in th...
I get invites for a free dinner to listen to lawyers tell me how to protect my wealth on the reg. Is anything gained from attending these other than the meal and being scared into paying a lawyer a lo...
Hoping that someone might have gone through this too... The new W-4(P) Form is confusing me real good. I am newly retired and married/filing jointly. Question 2(b)(I) on Form W-4P asks for taxable ann...
My mental health is being affected by my march through the last year and a half of work. My boss is an intolerable sadistic misogynist + narcissist (its not just me - everyone hates him). My stress le...
I'm having a problem and I was hoping I could find some expertise here. I have a 401k at a smallish plan provider that I won't name, yet. I have a need to cash-out my current 100% vested balance. I am...
February 15, 2023 — In 2021 the Federal Trade Commission received 1.5 million reports of identity theft. And guess who is usually the #1 target for scammers – right, retired people. A comb...
Problem: You are going on an extended trip and your daughter has agreed to watch your beloved pet while you are gone, but she lives 2 hours away. Solution: Pet transportation will pick up your pet at ...
Looking for honest uncensored discussions of life abroad for retirees. Youtube seems to be all marketing - pros & cons where cons are kind of lame (restaurants are busy and you have to wait in lin...
Seeing Doodle’s post on hanging tough for 18 months brought my own situation to mind. Well, a few differences. The stressful person is my direct report and not bigoted but chronically angry and ...
It can be a great problem to have, except for the tax implications. Here are some common ways to keep tax liability in check....
Given inflation, rising interest rates and a possible recession, how can near-retirees feel confident that their planning will ensure a fun and secure retirement?...
Recently, we compared two similar private real estate funds from Trion and 37th Parallel. We’ll continue in that tradition today ... Read more...
In a little over four years, I will be 78, a fact that is sometimes hard to grasp. Betty and I agree that is when it would be wise for us to move to a continuing-care retirement community. My wife wil...
If you haven’t frozen your credit yet, I’ll be harping on why you need to do that shortly. However, this article is about freezing your child’s credit and why it’s just as impo...
Photo credit: jb In a previous article we talked about the Social Security Family Maximum Benefit for a retired worker – and we mentioned that there was a separate calculation for the Social Sec...
By Shawn Jenkins and Jonathan Mendonsa Shawn Have you ever considered your career to be like a brokerage account for financial freedom? You want to make the most of what’s in your account—...
Your optimism or pessimism about our politicians’ courage to shore up Social Security benefits could influence your claiming strategy, depending on your situation....
Is 200k a year good in the United States? What about in a place like New York City? What is a "good" income anyways? A few weeks ago I wrote a post called, "How Much Income Do You Need to Be Rich?" wh...
With the 2022 RRSP contribution deadline right around the corner, it’s the perfect time to revisit your retirement savings strategy. Is the money in your RRSP aligned with your retirement goals?...
This month’s resources start with a return to my roots in healthcare. I share resources from a few physicians and therapists to improve your quality of life in retirement. I also share a resourc...