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A neighbor across the street from my rental texted me at 3:35pm on a Saturday to say something had been beeping inside my property all day and my tenants appeared to be gone. I drove over, let myself ...
Answering listener questions about old whole life insurance policies, riders, executive bonus plans, policy cancellations, and employer-sponsored split-dollar variable universal life insurance. The po...
My husband and I are retired at 60/61. We are trying to bridge the gap between today and Medicare. Today I developed a plan to take a large withdrawal this year and limit income over the next three ye...
An expiring term life insurance policy is a great wake-up call to update your coverage and estate plan so they align with your current season of life.
Are you thinking of dropping your long-term care coverage because you no longer trust the insurance company? Don't cancel without considering these key issues.
I'm 63 and started collecting Social Security this year. I had a heart attack last year that did some permanent damage. I still work 2 days a week in HVAC. And pretty much light duty. I have a IRA wit...
Recently went through a car buying experience. (I don't recommend it, at least not with traditional dealers!) But the whole thing made me reflect on how my attitude toward automobiles has enabled me t...
3 Retirement Decisions Nobody Prepares You For Retirement can change how you approach life insurance, mortgages, income, and investments. Jeremy Keil answers three financial questions retirees may not...
Hi - I have not been able to save a lot of money for retirement. I do have two pensions,I max out my HSA and have about $20k invested there, and about $20k in an emergency fund, and $200k in IRA type ...
Schedule a Free Financial Assessment with an experienced professional: https://bit.ly/YMYWassessC Each of the questions Joe Anderson, CFP® and Big Al Clopine, CPA are spitballing today on Your Money, ...
In general, you should buy an individual disability insurance policy. More than a decade ago, I bought a group policy as well. Here's why. The post Why I Bought a Group Disability Insurance Policy app...
How much life insurance you you really need? Relying upon an insurance agent's word or an oversimplified "rule of thumb" can lead you to buy either too little life insurance---or too much! Here's how ...
A fully-funded insurance program would save Medicaid billions of dollars, cover more people, and improve the quality of life for many receiving long-term care.
Yes, no, maybe. It depends on your bank account, health and the fine print.
Once you make the decision to take the next step toward ensuring a solid financial future, the next is who you should work with. There are all types of financial professionals that provide a variety o...
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...
It's that time of the year where taxes become top of mind as people look through income over the past year to get their filing in order, but taxes need to be at the forefront of your financial plannin...
Umbrella insurance and medical malpractice insurance may seem similar, but they serve different purposes in your financial protection plan. The post Umbrella Insurance and Medical Malpractice: Do They...
I just don't enjoy what I do anymore. I'm only 61 and in great shape. My finances are set and I'll go on my wife's insurance until medicare. However, my wife will still be working for a few years to k...
This is the C-SPAN feed of the Senate Finance Meeting on August 05, 2026 on Social Security Solvency. You can watch it or listen to it - reading gets a bit dry plus it is from uncorrected text. CSPAN ...
We have a group of us at work that were severed last month. We're bouncing around ideas. A few want to take a few months off. If we do this and need insurance how does the ACA base our income? Let's s...
I'm 61 and still working full time. My spouse is 52 and also works full time. Both of us have always had health insurance through my employment and her company has none at all (small family business.)...
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...
My wife will be 67 yrs old this sept, she want's to file for he SS now but will still continue to work full time she has medical insurance from work does she have to apply for medicare now or when?
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...
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...
Retirees flock to Florida for tax breaks — but hidden costs from HOA fees to high insurance — can quickly break your retirement budget.
An interview with Jeff Wingate—president of Rate Insurance—where we discuss how home, auto, renters, and umbrella insurance work; why homeowners insurance premiums have risen so sharply; and how to ma...
Hi everyone, My wife and i are hoping to retire in about 7 - 10 years, ultimately my question is have I forgotten anything important in my calculations. My wife will retire with a full pension and i w...
Not sure which sub to post this on. A little financial planning, a little healthcare but retirees probably are most familiar with this situation. Retired couple 61/60. Cobra about to run out. Looking ...
So as I plan for retirement I've been watching a lot of YT videos about it. And they seem to be split into 2 opposing camps. First: Retire now, time is the only irreplaceable resource, most retirees d...
Early versions of the WISH Act would cost about $200 billion, equal to a payroll tax rate of 1.7%. But with tweaks, WISH could come in at around half its initial cost.
I'm currently a health care slave, working for insurance until 65. Private insurance/COBRA not a realistic option unless no other option. I'm just entirely sick of getting up and going to work. I went...
I (61M) have been contemplating retirement for a couple of years now. Suddenly this week, my company made the decision for me during a round of “streamlining” layoffs. Fortunately, I did receive a goo...
59yo who gave a 2 year retirement notice. Retirement date is now fast approaching. Also, had 2 heart attacks, one at my desk, and got a stent within the last few months. My skill set is exceptionally ...
Like the title says, wondering others thoughts are on the benefits keep life insurance after one is retired. We have no debt, all bills are paid off, including the funeral arrangements. I have an exce...
Planning for retirement can feel overwhelming, especially as you approach the transition from earning a paycheck to relying on your savings. The early phase of retirement brings unique challenges, and...
I've sat with 100 retirees, and the biggest regret almost never has anything to do with a bad investment. It's something I call the momentum trap. At 62, every single signal tells you to keep going, a...
Rising premiums, fewer options and limited benefits can make a long-term care policy hard to find and hard to afford. There are alternatives to cover the costs.
This week Roger talks about one of the biggest challenges retirees face today: information overload. He explains why more information doesn't always lead to better decisions and why building a great r...
I retired last spring at 62. My wife had already stepped back from her job the year before. We had saved, we had a plan, but the number that kept me awake was $1,280. That was the monthly quote for a ...
Homeowners insurance is a national crisis — and retirees are hit especially hard.
I ran the KFF calculator for a couple at $84,599 vs $84,601 across nine states. The two-dollar difference ....yikes. I wanted to know what it actually costs a pre-retiree couple to land on the wrong s...
After working for 27 years for the same organization, I found out in late April that my job was being eliminated as of July 1st (a story for another post) I am 64, divorced with two grown children. My...
This week Roger breaks down IRMAA Medicare surcharges and why retirees should understand them without letting them dominate retirement planning decisions. He explains how the income thresholds work, c...
Claiming Social Security early might seem counterintuitive for the ultrawealthy, but one advisor says that when the benefits are used to fund life insurance in an irrevocable trust, the strategy could...
Wife and I (63) looking to downsize. 20 years in a two story, walk out, 4 bedroom, 3.5 bath that’s been an awesome home to raise two girls. Wife is retired and I’ll retire in next 2 years. Makes a lot...
It's important to have perspective throughout life. Preparing for and living in retirement is no exception. In this episode we have a little fun discussing the possible perspectives of “The 5 People Y...
Long-term care insurance can help offset one of the biggest financial blind spots in retirement. But timing and strategy are everything.
It may seem like everyone wants to sell you a whole life insurance policy. Is it worth it as a retirement savings hack?