Showing 50 results of 276
Age 58, plan to retire at 63. Between retirement and when our pension and Social Security kick in (ages 68 and 70 respectively), I'll have a 5-7 year window where my portfolio needs to cover a signifi...
Joe Schmitz Jr. and Jeremy Keil explore the 2% Club of retirees and the unique challenges that come with significant retirement savings and a pension. https://youtu.be/G04JKpKyLJ0 Most retirement conv...
Should Al and Peggy in Illinois keep hammering pre-tax retirement savings or should they pivot to post-tax Roth for better tax diversification? Which pension option is best for their early retirement ...
Lucky Lou is 48, burned out and wants to punch at 50. How should he bridge the gap before pensions and Social Security? Joe Anderson, CFP®, and Big Al Clopine, CPA walk through the Rule of 55, 72(t)s,...
An immediate annuity transforms a lump sum into a lifelong paycheck, essentially providing a DIY pension so you can stop stressing over stock market drama.
UK 56M, I have worked abroad for the last 8 years and plan to work as long as my body allows, but at least up until UK state pension age, mainly because I had kids later in life (they're going to Uni ...
Hi, all. Planning for retirement next year. Looks like my social security and pension (both inflation-adjusted, a bit less for the pension) will cover my basic budget without the need to tap the 401k,...
"Chase and Ryder" are 56 and 55 with $5 million saved and huge pensions the day they retire. So why are they so nervous about pulling the trigger? That's today on Your Money, Your Wealth® podcast numb...
Yesterday was my last day of work. I just turned 61 on Easter. I have a full NYS retirement pension after working 30 years in public service. This feels weird. I am in the process of moving to be a bi...
How AI, Gig Work and Contract Jobs Are Changing Retirement: The Shift from Pensions and 401(k)s to a New Work Contract Is Reshaping Worker Financial Security
The Golden State won't touch your Social Security, but high rates on pensions and IRAs tell a different story. Can you afford retirement in California?
I’m 61 and my spouse is 68 and part of me would really like to retire. We have $1 million and a paid off house and zero debt of any kind. We’ll have about $8,000 per month in pensions and social secur...
I am planning on retiring next year. Between Social Security, a small pension, and rolling my 401K over into and IRA with a 5% return on CDs, I would make $40,000 more per year than I make working now...
The IRS has announced the cost‑of‑living adjustments for pension plans and other retirement-related items for tax year 2026....
My wife and I have always been savers. Now in retirement I'm struggling to spend any money beyond the required bills, food, and payments. With our pensions and social security, the basics are way more...
Answering listener questions, where we break down the pros and cons of reinvesting dividends automatically vs. manually, explore how to balance the risk of relying on a pension and 457(b), and talk ab...
In this episode, we answer Lori's question about whether the repeal of the Government Pension Offset (GPO) will increase her survivor benefits and how it could impact benefits for those with similar c...
I’m 51 & planning to retire around 60, likely in Ontario; probably Ottawa or Toronto. The financial side’s mostly sorted (pensions, TFSAs, RRSPs, the whole spreadsheet thing). What I k...
This isn’t a rant or complaint. Just sharing some of what I’m experiencing. I’m 60 and in between where I’ve taken a pension but still need to work. Semi retired. Almost all of...
Not to paraphrase The Clash.... But, I had been planning to retire in January 2026 with a modest pension, SS @ age 65, and draw down assets at a target rate of 3%, and max out my 401K this year. But, ...
Learn how to maximize your Social Security and pension benefits in your retirement income plan....
Planning to retire shortly...no debt, nice emergency fund, very small pension, SS and my 401k, IRAs. We are savers, not spenders so not wortied about living beyond a reasonable amount each month. Wher...
“What are you going to do after you retire?” My organization offers a two year, part-time lead up to retirement- 60% of your salary, you work 3 days/week but get 100% worth of pension cont...
When I read through these threads and see so many with great pensions, high SS and tons of cash in there 401K and savings, I generally feel as if I am doomed. It is not that I never considered down th...
Soon to be 59yo career nurse. My wife and I have about $240k in retirement savings with an anticipated $1100/month pension, $1800-230/month SS, and $200,000-300,00. I was feeling ok about my plan unti...
Retiring at 58+ in about 35 days on a defined benefit pension and deferred comp. Will start taking SocSec at 62!! To avoid a big repair later when "fixed income" is in full effect, I've been toying wi...
Retiring this year at 60+. I am considering stopping all dividend reinvestments to my IRA(s) and other investments, instead, having a check sent to the house to supplement a small pension. I am unsure...
I should take my own advice but interested on other views as well. I’m 65. I currently receive two pensions from previous employers and work enough to qualify for a third, as well as very attrac...
The Social Security Fairness Act removed restrictions on benefits for people with government pensions. If you're one of them, don't leave money on the table. Here's how you can be proactive in claimin...
I am considering a job change essentially for the retirement plan. It would be doing what I do now, just for a different place that offers a retirement pension that my current employer does not offer....
We srarted 401ks in our late 20s/early 30s and a job with a pension around then as well. BUT both were by default. Pension was automatic. 401k match solely due to a kind older coworker who explained i...
I am new here and will turn 62 at the end of the year. I have a modest state-sponsored pension that pays me $54k/yr since I retired at 55. I would have been laid off with all the others in the program...
Here's a look at 3 overseas havens offering laidback living, excellent health care, and welcoming communites, ideal for U.S. Veterans retiring on a military pension....
Simplified Employee Pension IRAs intended to help self-employed professionals set aside…...
I have no 401k's, no pensions and no stock, no financial advisor. We've always done everything with our own two hands. We've worked way beyond retirement to help our kids. I f(69) and spouse m(75). My...
John in Boston is in the 32% tax bracket. Should he do Roth conversions? Flight Deck Dad and Irish Girl in Pensacola have a lot of tax-free pension income. Should they do Roth conversions? Bert and Er...
If you're among the 2% of the population with both a pension and $1 million or more saved, you're in a unique yet complex position as you approach retirement....
I (54yo) have term life insurance through age 60. My target retirement is tentatively 61yo. By this age I will have a military pension, VA disability compensation, and over 1 million in 401K/IRA. My u...
My own parents are 87 and 85 still doing pretty well, living independently. They have a sizable estate of two million. I am happily single, financially secure with house paid off, pension, social secu...
Tuesday, April 15 - Monday, April 21, 2025 Most Commented score comments title & link 138 125 comments The 2 most common things I hear from retirees 17 61 comments How to convert a pension amount ...
Context; I retired 2.5 years ago after a lifetime teaching biology and chemistry. I have a decent pension and a property portfolio so financially I’m secure and don have to worry about money, fo...
I am just starting the road to retirement. I'm 65. I have a pension that will be 451 dollars every month when I start getting it after I officially retire in July 1. But applying for social security i...
Economic uncertainty, inflation and the decline of workplace pensions have left growing numbers of seniors unable to leave their jobs. The post Why “unretirement” may be the fate of so man...
With the NHR benefit retiring and pension taxes increasing, you might rethink your retirement plans in Portugal....
SSA.gov - Social Security Fairness Act: Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) update (02/25/2025)...
Hello, I have a HELOC of approximately 200,000. I am semi retired. I need to withdraw approximately 80 K per year to supplement my income. I am not collecting my pension or Social Security yet. once I...
Several states don’t tax Social Security benefits, 401(k)s, IRAs, and pensions. But you may still have to pay state taxes on some incomes....
In this episode, we answer Lori’s question about whether the repeal of the Government Pension Offset (GPO) will increase her survivor benefits and how it could impact benefits for those with sim...
The Social Security Fairness Act, signed into law on January 5 by former President Joe Biden, repeals the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which previously red...
What do you all do about dental and vision insurance/care, especially for those who retired before 65? We are all set for medical care due to a wonderful old time pension that includes health insuranc...