Income

4 Planning Tasks That Can Better Position Your Retirement Income For 2025

Dec 17 2024

Position your retirement income for 2025 with these 4 smart planning tasks. From inflation protection to portfolio rebalancing, ensure financial peace of mind....

forbes.com

The Marriage Penalty Impacting FAANG

Dec 12 2024

Would you consider not getting married to your partner for an extra $10,000 per year? That is a very real question that high earning dual income couples can face. The issue has to do with how the US f...

faangfire.com

9 Answers to Boost Tax-Free Roth Retirement Income - 507

Dec 10 2024

Joe Anderson, CFP® and Big Al Clopine, CPA spitball on paying the tax on your Roth conversions on Your Money, Your Wealth® podcast number 507. If you take the money out of your retirement acco...

purefinancial.com

Roth

Will You Have a Retirement Income Gap? How to Fill It

Dec 06 2024

To ensure your expenses in retirement are covered, you need to know what sources of income you'll have and where to turn to make up for any shortfall....

kiplinger.com

Empower Beefs Up Retirement Income Product Suite

Dec 06 2024

Addition of Allianz Lifetime Income+ Annuity and Putnam Retirement Advantage Income Series…...

401kspecialistmag.com

Maximizing Tax-Free Income and Withdrawals In Retirement

Dec 05 2024

There’s a lot of enthusiasm for Roth IRA conversions and Mega Backdoor Roth IRAs—and for good reason. Paying taxes upfront on your retirement accounts can be a savvy move, especially if yo...

financialsamurai.com

Withdrawals

Delaying Social Security Helps All Couples but High-income Couples More

Dec 05 2024

The longer a husband delays his Social Security retirement benefits, the larger the check his wife will get when he dies. And odds are that he’ll die first, so that decision to delay will leave ...

crr.bc.edu

What Income Sources are Included for the IRMAA Calculation?

Dec 04 2024

You’ve got questions and we’ve got answers. On this episode of Retirement Answer Man, Taylor Schulte from the Stay Wealthy Podcast joins me to answer your retirement questions. Grab your e...

share.transistor.fm

Americans Lack Plans for Retirement Income [New Study]

Dec 03 2024

Allianz Life’s 2024 Annual Retirement Study is out, and it shows a whole lot of Americans lack plans for retirement income. In fact, more than half of Americans do not have a plan in place for r...

401kmaneuver.com

Medicaid Is Crucially Important to Older Americans, but Can It Handle a Rapidly Aging Population?

Dec 03 2024

Needs may be unmet or larger burdens may fall to families. Medicaid is the nation’s publicly financed health and long-term care program for low-income people. It was originally established to pr...

crr.bc.edu

Health

Spitballing Retirement During the Expensive Kid Years - 485

Nov 30 2024

Market declines just before you retire, or early in your retirement, can really screw up your retirement income strategy. If you’re in the middle of the expensive kid years, how do you avoid thi...

purefinancial.com

Strategy

This is the Biggest Way People Waste Money in Retirement

Nov 30 2024

Meet Sarah—a retiree with a multi-million-dollar portfolio, no mortgage, and all her income needs covered by Social Security. Yet, she hesitates to furnish her newly expanded home, fearing it wo...

buzzsprout.com

Upwork Review 2025: How to Make Money as a Freelancer

Nov 27 2024

Discover if Upwork is the right platform for you in this comprehensive 2025 review. Learn how it works, tips for landing jobs, and whether you can make a sustainable income. Explore Upwork's pros, con...

thinksaveretire.com

How Your Income Is Taxed in Retirement

Nov 24 2024

You may know how much money you’ve saved for retirement. But do you know how much you’ll owe in taxes when you retire? Some sources of income could get taxed……...

bossretirement.com

How Content Creators Can Overcome YouTube App Issues and Maximize Side Hustle Income

Nov 23 2024

YouTube is an essential medium for content creators, to showcase their work, interact with fans, and make money. However, YouTube's technical flaws can be quite disturbing and impossible to avoid whil...

thinksaveretire.com

Side Hustle

True Finance Review 2024: Is True Finance Trustworthy?

Nov 22 2024

True Finance is a trusted cash advance app offering up to $100 interest-free, plus tools like credit monitoring, identity protection, and income opportunities. Learn how True Finance provides a low-co...

thinksaveretire.com

Help me understand the 4% rule. Doesn't it assume I don't make money?

Nov 21 2024

Yes, I understand that things can go bad. But over the long run investors haven't lost money for decades. IDK, I can get a 12% long term bond for 7 years. Put 1/2 my money there, that covers the 4% fo...

reddit.com

A Plan for Reliable Lifetime Income Using Bucket and Income Floor Strategies

Nov 21 2024

This is a deep dive into developing a retirement income plan using the concepts of an income floor and a three bucket plan comes from Glen Nakamoto, a long time user of the Boldin Planner. Here is Nak...

boldin.com

How to Make Money Fast as a Woman in 2024: Top Earning Strategies

Nov 20 2024

With the rise of the gig economy, side hustles, and digital platforms, there are more ways than ever for women to make money quickly and flexibly. Whether you’re looking to earn extra income on ...

thinksaveretire.com

For a More Secure Retirement, Build in Some 'Safe Money'

Nov 20 2024

To solidify your retirement plan, write it down, reduce your market risk and allocate more safe money into your plan for income....

kiplinger.com

Risks

What You Should Know About Spousal IRAs

Nov 19 2024

Without spousal IRAs, you would need an earned income to contribute to your retirement account....

kiplinger.com

Accounts

How to Create a Retirement Income Plan to Cover Caregiver Costs

Nov 14 2024

Getting all of your assets to work together is key to having enough retirement income to pay for caregivers and other long-term care needs....

kiplinger.com

7 Things You Need to Know About Roth IRAs to Maximize Tax-Free Income

Nov 12 2024

Roth IRAs offer great tax-free income benefits, but to make the most of them in retirement, here are seven things you need to know: Contribution Limits: In 2024, you can contribute up to $7,000 annual...

buzzsprout.com

Roth

What A Trump Administration Will Mean For Older Adults

Nov 11 2024

He proposed exempting Social Security benefits from income tax—effectively raising benefits for those higher-income retirees now subject to the levy....

forbes.com

Retirement Income Strategies for the Long Haul

Nov 08 2024

Crafting a retirement income plan is more important than ever, given our longer lives and uncertain times....

kiplinger.com

Gen X Anticipates Needing Same Income or More for Retirement

Nov 03 2024

New data from Capitalize highlights problems including most users being unable to complete a…...

401kspecialistmag.com

Americans Short of Plans for Retirement Income

Nov 03 2024

Allianz Life found that 45% of participants worry about how to best take distributions...

401kspecialistmag.com

What is Sun Life’s new decumulation product?

Oct 30 2024

While not guaranteed like an annuity, MyRetirementIncome is a flexible and simple financial product for those needing to convert nest eggs into income. The post What is Sun Life’s new decumulati...

moneysense.ca

Annuities

51 Ways to Make Money from Home in 2024

Oct 30 2024

Discover 51 legitimate ways to make money from home in 2024! From freelancing and selling products to passive income apps and tutoring, explore the best work-from-home opportunities for earning extra ...

thinksaveretire.com

Real Estate

Top Side Income Gigs for Physicians in 2024

Oct 29 2024

Physicians can benefit from engaging in side gigs in several ways, particularly when it comes to financial stability and personal ... Read more...

physicianonfire.com

Market Dips Can Be Retirement Busters: Ways to Guard Yourself

Oct 26 2024

It's harder for retirees to bounce back from stock downturns, so you need an income strategy (and a portfolio) that's resilient.Chris...

kiplinger.com

Portfolio

Strategy

Nine Tips to Create a Smart Retirement Income Strategy and Gain Peace of Mind

Oct 24 2024

Don't wait until you're no longer working to determine where your new income will come from....

kiplinger.com

Strategy

How Much Retirement Income Could Your ESOP Generate?

Oct 23 2024

This is how you turn the money in your Employee Stock Ownership Plan (ESOP) into a retirement nest egg, plus an example with actual numbers....

kiplinger.com

How Much

The Low Stability of High Income

Oct 18 2024

A few weeks ago I read the following post on Reddit: HENRY -> NENRY: A cautionary tale from FAANG-land Imagine this scenario: You’ve been HENRY (High Earning Not Rich Yet) for say two years a...

ofdollarsanddata.com

151 Ways to Make Money Online in 2024

Oct 17 2024

Explore 151 proven ways to make money online in 2024, including free apps that pay real money instantly, freelance gigs, passive income options, and survey sites....

thinksaveretire.com

Retirement asset allocation, am I being an idiot?

Oct 13 2024

I just moved all the allocations in our 401k to 10/25/65 Total international equity/Large Cap Value/Fixed Income Bond edit: (Pimco PIMIX). I wanted the equities to be non-tech stocks as I think they'r...

reddit.com

401k

renting or buying in retirement

Oct 13 2024

We own our home and will retire in 2-3 years (me at 70, my wife at 65). We have adequate retirement income to cover expenses. We live in a small town that is unfortunately quite a ways from either of ...

reddit.com

You're 60 Years Old With $1 Million Saved: Can You Retire?

Oct 11 2024

The answer depends on several factors. The key is to create a plan that combines all aspects of retirement — income, taxes, health care and legacy planning....

kiplinger.com

2025 Social Security COLA and other Income data announced

Oct 10 2024

2025 COLA Adjustment Announced SSA.gov. 2025 COLA Adjustment & Other Related Income Amounts Announcement from the link: Social Security and Supplemental Security Income (SSI) benefits for more tha...

community.aarp.org

Cola

Investement Income during retirement

Oct 06 2024

I'm retiring at the end of the month (Happy Halloween!). Until I am eligible for Medicare in 3 years, I will be getting health insurance through the exchange. When I'm asked for my income, do I put my...

reddit.com

$1 Million for Retirement — Or a Longer Life?

Oct 04 2024

A new study shows that 51% of Americans prefer adding $1 million to their retirement accounts over adding five healthy years to their lives. Many Americans believe they need a six-figure income to ret...

kiplinger.com

Accounts

The Doctors Guide to Paid Medical (Physician) Surveys

Oct 03 2024

With physician surveys, you can increase your income without negotiating a raise or taking on more work. Here's how to get started. The post The Doctors Guide to Paid Medical (Physician) Surveys appea...

whitecoatinvestor.com

Cash flow and retirement strategies for high earners with variable income

Oct 03 2024

Do you have three buckets handy?...

financial-planning.com

Maximizing Passive Income Streams for Financial Independence

Oct 01 2024

Many people cherish the dream of becoming financially independent, and as such, a state provides its citizens with financially determined freedom. Hence, creating several forms of passive income is on...

thinksaveretire.com

Social Security Demystified: Calculating Taxation, Provisional Income, and the Tax Torpedo

Oct 01 2024

Listener Michael asks about how Social Security is taxed, the rationale behind the 50% and 85% tax thresholds, and the implications of these taxes on Social Security and IRA withdrawals. James respond...

buzzsprout.com

Retirement Income Strategies: IRA vs. Brokerage Withdrawals (The Tax-Smart Choice for Retirees)

Oct 01 2024

Mark asks a common question – What should I do regarding my withdrawal strategy? Should I first pull from my brokerage account or my IRA? There is no one-size-fits-all answer, but James provides...

buzzsprout.com

I Knew Money Can Buy Happiness

Sep 30 2024

In 2010, Nobel Prize winners Daniel Kahneman and Angus Deaton found that happiness rises with income up to about $75,000 a year*. After that, more income doesn’t increase happiness. However, ......

retireby40.org

7 Tips To Prepare For Your Upcoming Retirement

Sep 29 2024

Work provides more benefits than simply an income stream. To prepare for retirement, be sure to consider the non-financial aspects of retirement, too....

forbes.com

Should I keep lifetime income annuity at $20K/year? Other options?

Sep 25 2024

I know many people hate annuities (and I have mixed feelings too), but where else can I get guaranteed lifetime income with low risk for $250K to invest? I am married 65F not yet taking SS (FRA is Jan...

reddit.com

Annuities