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The trust funds for Social Security and Medicare Part A seem likely to run out of money faster than was projected last year, the Congressional Budget Office estimates.
When I claim SS my wife and I suddenly have another $5700 monthly coming in (mine+spousal). That WELL exceeds what we need to live on - even with a generous vacation budget. I'm thinking that at that ...
Join us as we continue our "Anchors of Retirement Confidence" series, where we discuss four areas of retirement uncertainty plus strategies designed to replace your anxiety with clarity and control. I...
Instead of worrying about the markets and running out of money in retirement, you might consider buying an annuity that guarantees you a lifetime income.
Juan and Mary in Brooklyn are 49 and 48 with $2.2 million saved. Can Juan afford to retire early, or just walk away if he gets fired? And if they get divorced, yikes - but does the math still work? Th...
We asked wealth planners how to protect a nest egg when one spouse is a spendthrift.
The safe withdrawal rate says you can spend about 4% of your portfolio in retirement and not run out of money. But is that actually accurate? The post Should You Use a ‘Safe’ Withdrawal Rate? appeared...
Join us as we continue our "Anchors of Retirement Confidence" series, where we discuss four areas of retirement uncertainty plus strategies to replace your anxiety with clarity and control. In part 3,...
Once paychecks stop, it can be frightening to shift out of the savings habit. But there are strategies to enjoy your nest egg and make it last.
Joe and Big Al spitball two sides of the retirement equation, today on Your Money, Your Wealth® podcast number 570. Daniel in Texas is 40 and worrying about how to support Mom and Dad if their money r...
A $10 million retirement is often imagined as the finish line — complete freedom, unlimited spending, and no financial stress. The reality is more complex. James walks through what an eight-figure ret...
A few weeks ago, Michael Green published a post where he argued that the poverty line for a family of four in the U.S. wasn't $32,100 in annual income (as currently claimed by the Department of Health...
I can't stand AI-assisted writing anymore. It's all over Substack. It's in my LinkedIn replies. It's everywhere. Like a disease slowly infecting our literary consciousness. I even see it from people w...
Bills don't stop once you retire — and you can't expect your Social Security checks to cover them all. Don't risk running out of money. Instead, make a plan....
When people think of what could haunt their retirement, they often imagine running out of money, facing unexpected expenses, or living too long. But as we discuss in this episode, there's a more insid...
What if the real financial risk isn’t running out of money, but running out of time to use it well? In this episode, listen as James and Ari unpack a $14 million case study with concentrated inh...
On today’s episode of the Financial Independence Podcast,my buddy Grant from Millennial Moneyjoins me to talk about how he went from having $2.26 in the bank to $1.25 million in just 5 years, 3 ...
I’m convinced that if you wake up just one hour earlier every day for the next 10 years, you’ll not only accomplish far more, but also build significant wealth and unlock countless opportu...
The biggest question I hear from people planning for retirement is this: Am I going to run out of money before I run out of life? But here’s the thing, no matter how much you’ve saved, tha...
Don't be scared about running out of money, be prepared. This financial professional explains how you can help take control of three critical retirement risk factors with a little planning....
An increasing number of retirees fear running out of money and worry they don't have a plan for spending their nest eggs. There's a two-step plan to solve the problems....
Investing isn’t rocket science, but you wouldn’t know it based on how people talk about it. Half the advice out there sounds like it’s written for hedge fund managers, not regular pe...
Jeffrey and Cindy came to me with $3 million saved and one big question: How much can we actually spend in retirement? In this video, we walk through a retirement planning scenario—looking at sp...
Forget about spending four years in college just to end up broke and burned out. The truth is, a solid two-year degree can get you trained, hired, and earning real money faster than most traditional p...
Quit worrying about money and enjoy a carefree retirement. Sounds good, right? Well, if you follow these nine steps from a financial adviser, you could be on your way to that goal....
This investing method helps retirees avoid running out of money, even in a highly volatile market....
Inflation, taxes and Social Security are the three top concerns for retirees, according to the 2025 Allianz Annual Retirement Study...
Setting goals sounds nice. But most people treat it like a New Year’s resolution, something they talk about and never follow through. That’s why they stay broke, burned out, or both. Many ...
Thinking rich starts long before you have money in the bank. It starts in how you think about time, risk, effort, and freedom. That’s the difference between staying stuck and building something ...
Some people are broke because they don’t earn enough. Others stay broke because they keep spending like they’re trying to prove something. One choice at a time, they dig the hole deeper, a...
Retirement isn’t always beach walks and golf swings. For a lot of people, it’s more like checking the fridge and realizing the leftovers have to stretch until payday. That dream of freedom...
Retirement should be the time to enjoy life on your terms, not stress over money. But getting there takes more than wishful thinking. Without a solid plan, small missteps can turn into major financial...
America might be the richest country in the world, but that doesn’t mean we have wealth equity. Because if that ... Read more...
If you're a HENRY (a higher earner, not rich yet) but feel like you still live paycheck to paycheck, there are steps you can take to get control of your financial future....
If the Social Security Trust Fund runs out of money in less than 10 years… When is the optimal time to file for your benefits? Don’t miss the latest episode…...
How much do Nick and Nora in Pittsburgh, and Doc Mc Muffin and her Mr. in Minnesota, need to have saved, and how much can they afford to spend in retirement? What are the disadvantages to Fred and Eth...
Being broke isn’t just tough, it’s expensive. Every dollar stretches less, every bill costs more, and every setback hits harder. The less money you have, the more you get charged for basic...
Being broke isn’t just about how much you earn, it’s about what you do with it. You can bring in six figures and still feel like you’re treading water, or you can make a modest salar...
Wealth isn’t random. It’s not luck, talent, or how hard you grind. It’s the choices you make with money every single day. The rich follow a different set of habits, and over time, th...
Paying off debt sounds simple, just spend less and make bigger payments. But in reality, most people end up frustrated, watching their balances barely shrink. The problem isn’t just owing money,...
You are probably worried about running out of money in retirement. Use this simple two-phase approach to significantly reduce your risk. The post Worried About Running Out of Money? Consider the 1-2 P...
Let's take a look at four retirees who have very little money coming in every month. How do they live their lives? How do they survive? The post What It Looks Like to Run Out of Money appeared first o...
The more financial freedom you have, the easier it will be to make your money last in retirement. We share 14 financial tips to make your money last in retirement....
This rule of thumb on how much retirees can safely withdraw per year could lead some to run dry if stocks hit the skids. Annuities could help cover their bases....
Unless you can answer these three important questions, you may be at risk for the biggest retirement worry there is: Running out of money....
Already on A only (dependant on wife's group med). My wife will be retiring in early '25 and although she will go Cobra for a bit, I think I will lose my 'creditable converage' classification. I only ...
If I were to make a list of the most common money worries that I've helped seniors deal with in my 30-plus years as a financial advisor, running out of money in retirement would probably be number one...
I read an online survey that was conducted from February to March 2024 with a nationally representative sample of 1,000 ... Read more...
Underestimating expenses is a good way to run out of money. Learn about commonly overlooked retirement expenses. You'll be surprised by #1. The post 10 Major Retirement Costs Overlooked by a Many Amer...
It seems like no matter how much we save we always have that nagging worry about whether it is truly enough. One of our listeners is looking for ways to reduce the chances of running out of money in r...