Showing 50 results of 103
Budgeting sounds boring. No one wakes up excited to track expenses or set spending limits. But ignoring it? That’s how people stay broke, stressed, and stuck in the same financial mess year afte...
My husband [61] and I [58] plan to retire in 4 yrs when he turns 65. He is not concerned about the money/budget aspect of our early retirement, but I'm panicking we wont have enough to live on long-te...
I (63, s, m)have multiple chk/savings, 401k/IRA and brokerage accounts. Done as a way to budget in addition to giving specific purpose to each account. One is a Robinhood account that I use as an emer...
The 50-30-20 rule is a percentage-based budget approach. Learn more about how it works and why it's such a popular approach to spending and saving....
While OAA programs will continue to be funded at current levels until March, it has become a potential target for substantial spending reductions....
As 2024 draws to a close, it’s time to plan for the New Year. For older individuals is is especially important to plan for the costs related to Medicare....
There are LOTS of reasonable budgets.Learn to create one to fit YOUR priorities and values as you use money as a tool to bring happiness. The post Doctors Need to Budget, Too (With a Few Examples) app...
A car in 2025 is a very expensive purchase. I’m wondering how retirees budget for a new car… I’ve been driving BMW so mince I was 45 and love the brand, but new cars cost more than ...
In these six overseas destinations, a retiree can live comfortably on a budget of $2,000 per month....
In this episode of "Rock Your Retirement," Kathe Kline and Barbara Mock discuss a range of affordable living and travel options for seniors, particularly focused on those with limited financial means....
I thought I had my retirement budget lined up for early retirement at 60 in two years. My mother (80 and healthy) now says she is 4 years away from being broke. Help… I just can’t do this...
To maximize your 410(k) contributions in 2024, assess how much you’ve contributed so far, check your employer’s match, take a look at your budget and consider increasing how much you set a...
Have you thought about what moving to a new state might mean for your retirement budget and lifestyle? In this Ready for Retirement episode, the focus is on preparing for an out-of-state retirement. J...
Looking to enjoy gaming on a budget? Discover money-saving tips on games, hardware, and subscriptions to indulge in your favorite hobby without breaking the bank. From used games to budget-friendly PC...
Visiting all 63 of America’s national parks requires stamina, planning, patience, persistence, flexibility, and a healthy but evolving budget. The post From Road Trips to Bush Planes: Getting to...
With the holidays right around the corner and the end of the year fast approaching, the last thing you want to do is blow your budget on fall activities. Between fall sports, Halloween, and fall trave...
We can’t avoid disagreements in marriage in general—but we can use them to strengthen our relationships....
Weary-eyed, as midnight approached after a day and a half of travel, we spotted the smiling man holding the sign ... Read more...
I don't understand why if I go by the 4% rule, my SS payment and our budget, we have plenty of money left over, without even counting on collecting my husband's SS payment in 9 years. But New Retireme...
One of the biggest mistakes someone about to go on Medicare can make involves COBRA - the Consolidated Omnibus Budget Reconciliation Act....
![10 Budget-Friendly 4th of July Ideas [Recipes
Inside]](/postImages/postImage8838.jpeg)
While we are all about celebrating the birth of our great nation, we don’t believe you should spend a lot of money (or go into debt) celebrating it. But that wasn’t the case in 2023. Ameri...
Interested to know how you track spending v your budget. We are semi-retired w a variable income that we do not figure into our income so taking withdrawals down savings and not tapping SS until 70 pe...
Hi everyone. I (55m) have been spending lots of time lately trying to picture life in retirement. I know that the "right" way to plan for retirement is to figure out the budget you need and then save ...
It’s easy to see why people are searching for free or inexpensive things for families to do this summer – summer isn’t cheap! Mass Mutual reports, “Nearly half of Americans pla...
Advice, explainers and exercises on taking advantage of job benefits, creating a budget, paying off debt and thinking about your future....
What comes to your mind when you think about flying private? Here’s what I used to think — a swanky ... Read more...
Looking for the cheapest places to live? Here are 13 destinations where you can live the good life on a monthly budget of $1,500 per month (or less)....
Amidst a recent whirlwind of car maintenance expenses with my trusty nine-year-old Range Rover Sport, I embarked on a quest to find the most budget-friendly car brands for long-term upkeep. With my fi...
Am I wrong in thinking our/my retirement will be financially ok? I see people mention massive (to me) amounts in their retirememt/savings accounts. My partner retired almost 2 years ago, and I've deci...
This is my 15th yearly retirement budget first quarter test since I retired young at age of 51. When I mentioned retirement budget challenges with every new year’s first quarter to a yet to reti...
With cash flow running tight, I've embarked on a mission to trim unnecessary expenses from my budget. In times of surplus cash before my home purchase, I hadn't scrutinized my expenses for years. It's...
Hi, my husband is retiring in 3 years at age 61. We have the funds we need, we have a lifelong pension with joint survivor benefits, and we don't carry any debt (homes and cars are paid for and childr...
Americans are surprisingly strong at having a budget, yet they're not able to keep to it. Why? It's likely due to a quirk in the calendar, dubbed the Phantom Month....
You may have heard about the early retirement movement making waves with stories of dedicated savers who have been able to escape the traditional workforce much earlier than 65. You may have even......
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....
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…...
Retirement communities offer plenty of perks, but the entrance and monthly costs are often steep....
The financial stability of the historically strong Teachers' and State Employees' Retirement System could take a dramatic turn for the worse if the legislature doesn’t act to remedy a provision ...
This week, we are revisiting our discussions on budgeting. We’ve talked in previous week’s about how I don’t budget and I personally practice reverse budgeting. In this week’s ...
Both my husband and I will have pensions, in planning our budget for retirement how do I know how much to subtract for taxes? Between the two pensions our monthly gross pay will be roughly $8,300 -$8,...
Last week we discussed how to understand your monthly budget, your cash flow, and how to automate your savings. We started out with what is usually considered to be the most boring part of managing yo...
If you vacation or travel in your retirement, do you have a budget you stick to and plan out your trips around the budget? Was that always a part of your retirement plan and you saved or prepared for ...
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...
The Administration's Greenbook budget proposal includes broad, invasive and harsh reporting requirements for most trusts....
Budget skiing. Thought by most to be a mythical beast like the unicorn, the humble Hollywood plastic surgeon, or the ... Read more...
February 14, 2023 — Travel is often the number one thing that people say they look forward to when they retire. Many yearn for far off, exotic destinations – like a glacier in New Zealand,...
February 14, 2023 — Travel is often the number one thing that people say they look forward to when they retire.  Many yearn for far off, exotic destinations – like a glacier in New Ze...
I know, at 20, 30 or 40 we do not think a lot about things like that, but if you already budget for retirement, you might as well factor in some health care costs. Let's assume you have Medicare at 65...
By Dr. Disha Spath, WCI Ambassador How can you spend $1,000 per month on groceries for a family of four?!?! That is a sentiment I have often heard, especially when I share my budget from when I was go...
My travel budget is taking a hit these days. I still try to get to places close to home. I'm not going to stop altogether. I wrote an article about a place close to home. If you're an aviation or spac...