Estate

Six Essential Retirement Strategies for Baby Boomers

May 04 2024

Emergency funds, estate plans, different kinds of insurance and smart investing strategies are all parts of a strong retirement plan....

kiplinger.com

Understanding Why People Get Into Property Bidding Wars

May 03 2024

Well folks, as anticipated, bidding wars are back with a vengeance, at least here in San Francisco. If I were a real estate agent, I would never encourage my clients to engage in a bidding war. Winnin...

financialsamurai.com

Work from Home Doctor Jobs: Opportunities and Requirements

May 02 2024

As the world becomes more connected and technology continues to advance, the healthcare industry is evolving to meet the needs ... Read more...

physicianonfire.com

Why are we afraid of retirement?

May 01 2024

I retired last year at 60. My wife plans on retiring next April at 60 as well. We’ve done ok in life relatively speaking. We will be able to buy a retirement home and live near our kids fairly c...

reddit.com

Would Combining Will-Writing with the Mortgage Process Help?

Apr 30 2024

No, but here’s what we learned. Writing a will can improve the transmission of wealth across generations, by preventing the dissipation of assets such as a family home when divided among multipl...

crr.bc.edu

A Letter of Wishes: No Legal Power But Powerful Nonetheless

Apr 30 2024

A letter of wishes lets you explain, in plain language, your intent behind your estate documents, potentially heading off any misunderstandings or disputes....

kiplinger.com

Capture The New Tax Breaks On Home Improvements

Apr 28 2024

Know how to navigate the IRS regs to capture the tax credits under the Inflation Reduction Act....

forbes.com

Taxes

Snowbirds with pets. How do you do it without owning a second home?

Apr 28 2024

Snowbird wannabe here. I am hoping for suggestions from active snowbirds who take their pets with them and have experience renting pet friendly accommodations. I have two small dogs that have to come ...

reddit.com

FTC Ban On Noncompete Agreements May Undermine Your Estate Plan

Apr 27 2024

The FTC recently prohibited non-competition agreements (and non-disclosure or non-solicitation agreements),. This may adversely impact estate and succession planning....

forbes.com

Spring Is a Good Time to Clean Up Your Finances, Too

Apr 26 2024

While you’re decluttering your home for spring, consider taking a crack at cleaning up your finances and old paperwork, too....

kiplinger.com

Performance Update: March Badness!

Apr 26 2024

My main goal* was to build an investment and cash portfolio of$1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in1500 days**, starting from 1/1/2013 and ending in February of 20...

1500days.com

Portfolio

Is Your Retirement Solution Hiding in Plain Sight?

Apr 25 2024

Here’s how to use your home equity in combination with an annuity contract to produce late-in-life income....

kiplinger.com

Components That Affect Mortgage Rates The Most

Apr 23 2024

Contrary to popular belief, the Federal Reserve does not exert complete control over mortgage rates. Instead, it influences them, with the bond market determining the subsequent course of action. The ...

financialsamurai.com

Pulling my 401k to buy another house.

Apr 23 2024

I can't stand it. I lost $2k last week due to stock market volatility. I understand that a 401k is a long term investment, or you make more conservative choices. Screw that! I can put my money in the ...

reddit.com

401k

Just started 5th year retirement. Here's what it's been like.

Apr 23 2024

So far it's been great. Work was never my life so I don't miss it. I didn't have friends so I don't miss them. My wife is the only person I talk to on a regular basis. No debt, modest home paid for, L...

reddit.com

Spouse

Debt

Biden Sets New Nursing Home Staffing Rules

Apr 22 2024

Nursing facilities that receive federal funding through Medicare and Medicaid (effectively all of them) will have to employ enough staff to provide at least 3.48 hours......

forbes.com

Where Should Financial Literacy Be Taught—Home Or School?

Apr 21 2024

The antiquated argument that personal finance should be taught at home simply looks silly in 2024....

forbes.com

10 Things You Should Know About Selling Your Home to Downsize in Retirement

Apr 21 2024

What to know about selling your home in order to downsize in your retired years....

kiplinger.com

Capital Distributions From Private Real Estate Investments Are Wonderful

Apr 17 2024

Recently, I received a capital distribution from a private real estate fund, and it couldn't have come at a better time. The experience brought me both joy and relief, prompting me to share it in the ...

financialsamurai.com

Expand Your Home and Welcome Family Members

Apr 16 2024

With the high cost of housing in much of the United States (as well as other countries), many people are looking for ways to accommodate more family members in their existing properties. Whether your ...

baby-boomer-retirement.com

Consolidating Accounts as part of estate planning

Apr 15 2024

My wife and are are heading toward retirement and will be updating our wills/estate plans. We are both quite active and mentally sharp; both have advanced degrees, but my family has a history of Parki...

reddit.com

Real estate funded retirement - your thoughts please!

Apr 15 2024

We (M 65, F 59 both still lol working and plan to along as possible) own 3 homes and plan to sell two of them to partially fund our retirement. We’ll sell home #1 and bank the $500K tax free cap...

reddit.com

Advice on selling home to downsize?

Apr 13 2024

We've gotten rid of excess stuff. Now readying for showing. Those who've been there/done that: Privacy. We get people may open bathroom cabinets/drawers, etc. And even more. How do you maintain privac...

reddit.com

Revocable Trusts: The Most Common Trusts in Estate Planning

Apr 10 2024

Revocable trusts allow the trust maker complete control over the assets and can be quite efficient when it comes to capital gains and income taxes....

kiplinger.com

Trusts

Reimagining Their Decrepit Farmhouse into Forever Home

Apr 09 2024

New Yorkers create a space that’s better suited to life in their 60s...

aarp.org

Which Mortgage for Early Retirement? What is Private Credit? - 476

Apr 09 2024

What is private credit and where does it fit in your investment portfolio? At age 60, Hope is tired of working and she’s hoping to retire in 2-3 years. Should she factor home equity into her ret...

purefinancial.com

Early Retirement

Eight Steps to Take When Settling an Estate as the Executor

Apr 08 2024

Being the executor of an estate can be overwhelming, but breaking the process down into individual steps can help make it much less daunting....

kiplinger.com

Performance Update: February Rebound!

Apr 07 2024

My main goal* was to build an investment and cash portfolio of$1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in1500 days**, starting from 1/1/2013 and ending in February of 20...

1500days.com

Portfolio

The Right House-To-Car Ratio For Financial Freedom

Apr 05 2024

After delving into the exorbitant prices of new luxury cars, I've come to the realization that a larger segment of the population is purchasing such vehicles than I initially thought. This trend poses...

financialsamurai.com

12 Legit Online Jobs from Home With No Upfront Investment (2024)

Apr 05 2024

Below, we’ve created a list of 12 true online, work-from-home positions with no upfront investment. None of the roles listed below require purchasing inventory, buying a paid course, or any othe...

thinksaveretire.com

Five Estate Planning Things You Need to Do Now

Apr 03 2024

For a solid estate plan, you should put powers of attorney in place, designate beneficiaries, tackle tax planning and more....

kiplinger.com

Sell, Rent, or Borrow? Best Ways to Use Home Equity in Retirement

Apr 03 2024

Listener Ray is wondering what to do with his home as he embarks on a nomadic, van-life journey in retirement. Should he sell it to finance his travels or retain it for potential appreciation and cash...

buzzsprout.com

The RightSize Mindset: Transforming Your Home and Happiness

Apr 03 2024

Today Kathe Kline, together with guests Barbara Mock and Marni Jameson, dive deep into the emotional and practical aspects of rightsizing in retirement. This episode isn't just about downsizing; it's ...

podcasts.bcast.fm

The Home Buying Earthquake That Changes Everything

Apr 02 2024

In today's episode, we discuss the landmark $418 million settlement involving the National Association of Realtors (NAR) and its potential implications for the real estate industry. As retirees and ot...

sites.libsyn.com

Should You Pay Off Your Mortgage?

Apr 01 2024

For those of us who have a home mortgage, paying it off may not be an option. Either you lack sufficient cash, or retiring the mortgage early would leave you cash poor and vulnerable. Even for those o...

caniretireyet.com

Rising Stocks, House Prices Boost US Retirement Outlook

Mar 30 2024

While COVID was raging, the jump in house prices and a rising stock market were dramatically improving U.S. workers’ retirement finances. In 2022, the share of households that were not saving en...

crr.bc.edu

Wish me luck. Giving notice of retirement

Mar 29 2024

Wish me luck. I’m telling my boss of my intention to retire at the end of May. I’m 64 and my numbers look good. I have a good job and have been working from home for 10 years Work in a goo...

reddit.com

Career

Should You Rent or Buy a House?

Mar 28 2024

Buying a home is often considered the biggest financial decision people make in their lives. As a result, it makes sense as to ask yourself whether buying is the right choice when compared with rentin...

ofdollarsanddata.com

10 Affordable Mountain Towns for Retirement

Mar 28 2024

These mountain towns feature majestic peaks and reasonable housing costs....

money.usnews.com

Why Every Residential Real Estate Investor Is Suddenly Richer

Mar 27 2024

Who stands to gain the most from the settlement reached with the National Association of Realtors regarding commission price collusion? The clear beneficiaries are residential real estate investors an...

financialsamurai.com

Four Things to Know About Managing a Loved One’s Finances

Mar 26 2024

Figuring out when it’s time and knowing how to talk about it are just the start. You also need info about estate plans, insurance and health care decisions....

kiplinger.com

How Gig Workers Can Prepare Their Estate and Financial Plans

Mar 25 2024

Freelancers have to be vigilant to keep track of where their money goes, whether it’s to cover daily necessities, saving for retirement or other expenses....

kiplinger.com

Selling house. Recommendations on how to invest proceeds

Mar 25 2024

I soon will be selling my house to move into an apartment. I'm very excited for the move as the joys of homeownership have been getting less joyful. In the next couple of years, I may (or may not) dec...

reddit.com

Investing

How To

How to Discuss Estate Planning with Your Family

Mar 23 2024

Estate planning can be a sensitive topic for families to talk about. Here's how to get past the awkwardness and discuss estate planning with your family....

kiplinger.com

How To

Nursing Homes Forced to Hire More Costly Outside Staff

Mar 23 2024

COVID has wreaked havoc on the nursing home industry’s staffing. Prior to COVID, only one in five nursing homes had to hire some of their workers from outside agencies to fill in as caregivers f...

crr.bc.edu

To Gain More Value, Buy A More Expensive Home

Mar 22 2024

If you're aiming for more value and cost-efficiency, you might find it surprising that opting for a more expensive home over a median-priced one could be the way to go. While it may seem counterintuit...

financialsamurai.com

Nursing Home Care: What to Do When Medicare Wont Pay

Mar 22 2024

Here's what to do when Medicare won't pay for a nursing home facility....

kiplinger.com

Medicare

Should a Donor-Advised Fund Be Part of Your Estate Plan?

Mar 21 2024

A donor-advised fund, or DAF, lets the donor reap tax benefits while also being able to direct how the money is distributed and invested....

kiplinger.com

How Quitclaim Deeds Can Cause Estate Planning Catastrophes

Mar 20 2024

A lot can go wrong (including inadvertent law-breaking) if you choose to go the easy route rather than using a trust to transfer real estate to your child....

kiplinger.com