Showing 50 results of 1257
From outdated beneficiary designations to the false security of a set-it-and-forget-it plan, active engagement is the strongest defense against costly mistakes.
What issues will your family confront after your death, and how will it shape their opinion of your life? Discover the dire consequences of not setting up a proper estate plan so you can take the simp...
Set it up correctly from the start, and you can share a dream getaway with friends all the way into retirement — without risking your nest egg.
Estate planning for children's accounts like 529 plans and UTMA accounts often overlooks naming a successor. Not naming a successor for these accounts can lead to delays.
When it comes to building wealth, Gen Z is more focused on investment apps and their retirement accounts than they are in building equity in a home.
I’m of the mind that downsizing is more about liberation from stuff than it is about square footage in the home. My wife and I found that it was much harder to do this item by item and much easier to ...
Instead of saving home equity as a "last resort" in retirement planning, it makes sense to treat it as a strategic asset that's incorporated from the start.
Dr. Addams sold a rental property in 2021 and moved $150,000 into a value-add apartment deal. The sponsor’s deck projected ... Read more
Over the years, my bed times have changed a lot. Back when I was working and attending customers on site, I might be getting up as early as 5am, although I'd generally prefer to travel the night befor...
Out-of-state ER visit? Emergency in Europe? Find out what your Medicare plan actually covers before you take off.
How can married couples ensure non-taxable estates pass as intended and are protected from unwanted claims down the line? A QTIP trust can provide the answer.
What does it actually mean to win at retirement? A bigger house, more expensive vacations, and a larger income during your working years may look like success, but they don't necessarily determine how...
With $4 million saved, a couple wants a bigger home for their teens before retiring in eight years. In this week's Wealth Wise advice column, advisers reveal why it’s risky — and smart alternatives.
I am 9 years from retirement. Trying to figure out if I should pay off the mortgage ($360k) or invest the money. Sources show I should invest it. $200k to something like bonds and that should be my sa...
As I get closer to retirement, I'm trying to figure out the best way to budget for major home expenses. Things like a roof, A/C unit, water heater, or appliance replacement may not happen for years, b...
My wife and I own a home in Middle GA and we like it here but we are open to moving to place with: affordable housing (buy probably, comfortable but not fancy, no HOA, ), safe, clean, low cost of livi...
Laura Stover, RFC® and Michael Wallin, CFP® discuss the Baby Boomer Dilemma documentary and its implications for pre-retirees and retirees. The film talks about many topics we routinely cover on the s...
In this episode, Laura Stover, RFC® and Michael Wallin, CFP®, discuss the concept of a cookie-cutter retirement portfolio and its implications for retirees. They start by addressing the recent news of...
Many times we find that retirees only look at that investment pillar with the traditional assets in mind. They focus only on investments and ignore critical areas that also need attention. In this epi...
For many people, the goal in life is to have enough wealth that you can pass it on to people or organizations you care most about, and your advisor should be a key partner in helping you with that est...
Free retirement training for people within 10 years of retirement and $1M+ saved. Watch “The Sequoia System Training” here: https://learn.rootfinancial.com/0ce92d ======================= This is the q...
I am a 60 year old single man hoping to retire in about 7 years. I make less than 60k/year. I was completely broke at 45 and I saved hard to get to a paid off condo (@60k value) and about 200k in my 4...
I've been investing with DLP since 2019. Here's everything I like about DLP, everything I don't, and how my investments have performed. The post Should You Invest Your Real Estate Dollars with DLP? ap...
Think paying off your mortgage means a cheap retirement? From home modifications to maintenance, these sneaky aging-in-place costs can derail your retirement.
Estate planning isn't just for the wealthy — it's for anyone who wants control over what happens next. These four core documents will help you establish it.
Would you go? It's titled Estate and Retirement Planning Simplified. It dos feel a little like a time share presentation though, but my partner is gunning for the free steak. Do you think is it worth ...
Im 63F with a great job, making good money with a great work retirement savings plan. Spouse is already retired for 6 years. We have enough money between the 2 of us to be fine if I retire now. The is...
After 44 years in IT, my last day of work is in two weeks. I've been cleaning out my home office (I'll use it extensively for writing, photo editing, practicing guitar and such) and just tossed out a ...
Beyond skipping assisted living fees, staying in your long-time home cuts everyday costs. Here are five unexpected ways aging in place saves you money.
Housing is one of the biggest line items on just about any retirement budget. Whether you're still paying a mortgage, looking to escalate your payment schedule so you can retire debt-free, or thinking...
So many posts on retirement subs focus on financial readiness and strategies. I found that the more challenging questions about the transition to retired life had little to do with finances. Where am ...
According to an Indeed Hiring Lab analysis, women now hold more payroll jobs than men in America. It's only the third time this has ever happened. The first two times, during the Great Recession and j...
Opus Newton has used resident volunteerism, ongoing care in resident apartments, and other changes to hold down costs and stay affordable for middle-income seniors.
Without an estate tax plan, tax bills could eat into the wealth you worked hard to build. Here are six strategies to help ensure it passes into the right hands.
The Problem Every Passive Investor Faces Physicians are among the most disciplined professionals in the world. You operate in an ... Read more
While legal and tax strategies are essential for transferring wealth, the more critical step is ensuring your family knows what's coming, how and why.
I am 68 and my wife is 72. We have no children. We have a few nieces and nephews but have not seen any of them in several years. Our net worth is about $1.8M with a paid off home worth about $425K. We...
When people hear I grew up poor in rural China, they usually imagine everything I lacked. The tiny shack shared by three generations. The lack of safe, drinkable water. The constant worry about money....
Answering listener questions about helping children buy their first homes, calculating financial independence, and navigating the tradeoffs between one-income and two-income households. The post Shoul...
Sustainable retirement spending begins with quantifying the present value of your essential expenses and then allocating the remaining funded status toward discretionary “menu items” such as travel, h...
Trust protectors can help protect against irresponsible trustees and other dicey situations that could put grantors' wishes at risk, estate lawyers say.
Conventional rules don't count savings, lack of debt or credit score as much as a monthly income. But there are alternative routes you can take.
The backstory, so you understand how I got here: My brand-new husband died unexpectedly six and a half years ago (right before covid), and had no life insurance. Luckily, I make good money, so it didn...
As I age, I find my ability to handle stress has diminished, and my reaction times probably have as well. Both of those things make driving more nerve-wracking to me. I need a solution because I don't...
I'd love some thoughts on my situation. I just turned 69, widowed since 52. Have always worked full time and still do, always for small companies so no retirement plans. Husband passed 15 years ago. I...
I've been retired for 7 years and enjoying retired life completely, and while describing work as fun seems weird, I do miss parts of my old job. Now, there's an opportunity go back as a consultant for...
Sotelo Avenue in Forest Hill is the most prestigious street to own a home in San Francisco. I know. Someone on Broadway just spit out their $28 espresso. Stay with me. For 25 years I've watched San Fr...
REITs can offer high dividend yields and passive income for retirees, but they come with risks. Do real estate investment trusts belong in your portfolio?
I "semi-retired" in early 2025. I've continued working 20 hours a week for my former employer as an independent contractor on a 1099. After working for 40 years, I was "institutionalized" (reference t...
I've been retired for several years (I am older) and have enjoyed a peaceful life. I love birdsongs am fine with ambient sounds, and have an active life with socializing, exercise, book group, gardeni...