Savings

Vestwell Collaborates with Vermont’s 529 Education Savings Program

Feb 21 2025

The partnership represents Vestwell’s third with the state of Vermont...

401kspecialistmag.com

Brokerage Acct. as Emergency Acct

Feb 21 2025

I (63, s, m)have multiple chk/savings, 401k/IRA and brokerage accounts. Done as a way to budget in addition to giving specific purpose to each account. One is a Robinhood account that I use as an emer...

reddit.com

Money changes to expect in 2025

Feb 15 2025

2025 presents an array of opportunities for people to strengthen their financial futures. New policies will go into effect that are designed to help those approaching retirement maximize their savings...

empower.com

How To Safely Spend Your Retirement Savings

Feb 14 2025

Here’s a retirement spending strategy that offers a realistic balance between frugality and outliving your savings by spending too much money....

forbes.com

50 days to go and I’m still uncertain

Feb 14 2025

I am approaching 61 (in a few months) but I’ve achieved my savings goal which should prove a moderate to comfortable lifestyle according to Australian retirement standards. I also am eligible as...

reddit.com

Lifestyle

I'm 60, just paid off my $1 million home and have $750K in retirement savings — can I retire now?

Feb 13 2025

I'm 60, just paid off my $1 million home and have $750K in retirement savings — can I retire now?...

kiplinger.com

Can I Retire

Real Estate

$1M in HSA is a rosy projection. But smaller savings still pay off

Feb 12 2025

The estimate for the amount required for 65-year-old spouses is one of many from a study full of figures that financial advisors can use to highlight the value of HSAs....

financial-planning.com

Hsa

Your Retirement Savings and Spending Should Change Under Trump

Feb 12 2025

These five strategies will safeguard your retirement savings and spending during this period of rapid change....

kiplinger.com

Spending

Ep 405: Your Retirement Memory Bank

Feb 04 2025

Are you finding it hard to transition into retirement after living frugally and saving diligently for many years? In today's episode, Nancy shares the story of a couple who struggled with the idea of ...

mysmartretirement.flemingfinancialservices.com

Lifestyle

Ep 362: Mailbag – Diversification, 401(k) Rollovers, and More

Feb 04 2025

Today, we’re opening up the mailbag and answering some retirement questions we get from our listeners and clients. George says he has all of his retirement savings in one IRA. Should he move som...

mysmartretirement.flemingfinancialservices.com

Being pushed into retirement and the emotional toll

Feb 01 2025

I work for a large organization that is facing some financial challenges. They have identified employee categories and roles that can be targeted for reduction and cost savings and I fit the criteria....

reddit.com

Safest place for retirement savings?

Feb 01 2025

I have some money in a retirement accout from my previous employer. I am retired now but don't need to start taking disbursements for another 6 years. I am very worried about the stock market as I los...

reddit.com

Saver’s Match Could Solve the Retirement Savings Gap: Morningstar

Jan 31 2025

Using a Morningstar model, the firm observes that the SECURE 2.0 provision could lead to…...

401kspecialistmag.com

Going from a Saving to a Spending Mindset: How to Stop Worrying, Retire, and Enjoy It

Jan 31 2025

You, like many Boldin users, might have enough to retire, but are scared to start spending. Get 7 tips for moving to a spending mindset. The post Going from a Saving to a Spending Mindset: How to Stop...

boldin.com

Spending

How HSAs pay off in retirement — with caveats

Jan 28 2025

A client's immediate health needs make saving their accounts until they're 65 or over a difficult endeavor, and the accounts carry some highly specific rules....

financial-planning.com

Five Steps to Answer Your Million-Dollar Retirement Question

Jan 26 2025

Are you saving enough to live comfortably in retirement? Here are the steps you can take now to find out if you're on track or need to adjust your savings....

kiplinger.com

Where do the biggest spenders live? Connecticut tops the list at $7,068 monthly

Jan 24 2025

While American consumers are feeling more optimistic, spending varies across the map depending on income, cost of living, savings habits, and other factors....

empower.com

School rules: College savings can help fund your retirement

Jan 24 2025

2024 brings the option to roll money from a 529 college savings plan into a Roth IRA. Check out the requirements and when this could make sense for you....

empower.com

College

Converting Retirement Savings to a Roth IRA? Don't Do This

Jan 17 2025

You might want to convert all of your savings to a Roth in one go, but you could end up paying hundreds of thousands more in taxes than you have to....

kiplinger.com

Roth

Are These 401(k) Myths Impacting Your Retirement Savings?

Jan 15 2025

401(k) plans are a critical tool for many Americans striving to secure their retirement. These tax-advantaged accounts often represent a significant portion of an investor’s financial future. Ho...

401kmaneuver.com

Mistakes

Dragging Your Feet on Saving for Retirement? Here's How to Jump In

Jan 15 2025

Procrastinating when it comes to saving for retirement is all too common. But stalling for too long will hurt your long-term financial security and peace of mind. Here are five tips to break the cycle...

kiplinger.com

The average 401(k) balance by age

Jan 14 2025

The 401(k) is one of the most common investment vehicles to save for retirement. See how your long-term savings stack up....

empower.com

How To Manage Retirement Savings When Living Abroad

Jan 14 2025

Retiring abroad can be a dream come true if you have a good grip on your finances. Here's what you need to know to make it a reality....

kiplinger.com

Lifestyle

State Auto-IRA Savings Could Affect Medicaid Eligibility

Jan 13 2025

Low-income retired couples with less than $3,000 in assets can get Medicaid to supplement their Medicare insurance or pay for a nursing home. This asset cap, set by state governments, mainly applies t...

crr.bc.edu

More SECURE 2.0 Retirement Enhancements Kick in This Year

Jan 11 2025

Saving for retirement gets a boost with these SECURE 2.0 Act provisions that are starting in 2025....

kiplinger.com

Average and median retirement savings at age 65? or 67?

Jan 11 2025

Why is this information seem impossible to find? Every article seems to talk about averages in 10 year rangers. For example, age 45-55, 55-65, 65-75. Considering many people start retirement when medi...

reddit.com

Late to the Retirement Savings Party? Five Tips for 2025

Jan 10 2025

If you did a poor job saving for retirement last year, don't despair. There are ways to build your nest egg in the new year....

kiplinger.com

How to Increase Retirement Savings in 2025

Jan 10 2025

If you know you need to make some changes in order to increase retirement savings in 2025, then keep reading. We’ve compiled 9 potential changes you can make to your saving, spending, and invest...

401kmaneuver.com

What’s the Present Value of Your Accumulated Savings?

Jan 10 2025

If you are not an actuary, you may not be familiar with present values. This basic actuarial concept is integral to determining your Funded Status (the present value of your household assets/sources o...

howmuchcaniaffordtospendinretirement.blogspot.com

Adjusting my mindset from will I have enough? to Yes! I can retire.

Dec 26 2024

I'm 62 (will be 63 on the 1st) and I have worked for the same company the last 22 years. When I started there I felt waaay behind on retirement saving and had just bought my house so had a 30 year mor...

reddit.com

Real Estate

Employees Reflect on Financial Wellbeing this Holiday Season

Dec 18 2024

Older workers share key financial lessons like saving for retirement earlier, maximizing…...

401kspecialistmag.com

Lessons

2025 Retirement Savings Rules You Need to Know

Dec 17 2024

The 2025 retirement savings rules may provide new opportunities for individuals to save more in their 401(k) plans. This is due to the passing of SECURE Act 2.0 which passed in 2022, which many provis...

401kmaneuver.com

Unpacking The B.O.S.S. Retirement Scorecard Part 2 (Ep. 5)

Dec 17 2024

Many people believe that saving a million dollars is the golden ticket to a perfect retirement. However, without a comprehensive plan, that million can quickly diminish. Let’s break down why.&he...

bossretirement.com

Planning

Why People Are Deciding To Unretire And The Benefits Of That Choice

Dec 16 2024

Reasons for unretirement range from underestimating your savings, to being bored and craving mental stimulation, to looking to benefit society....

forbes.com

Universal Savings Accounts Are Like Roth IRAs, But With a Twist

Dec 15 2024

Republican lawmakers and conservative think tanks are proposing a new type of tax-advantaged savings account. Think Roth IRAs, but not just for retirement....

kiplinger.com

Roth

Empower Review 2025: Your Guide to the Empower Financial App

Dec 13 2024

Discover the features, pricing, pros, and cons of Empower in our 2025 review. Learn how Empower's budgeting tools, automated savings, and cash advance options can help streamline your personal finance...

thinksaveretire.com

10 Steps To Prepare Your Finances For Retirement

Dec 12 2024

After years of saving during your working years, what changes should you make to prepare your finances for retirement? When your paycheck stops, you’ll depend on your portfolio to fund […...

theretirementmanifesto.com

Portfolio

2025’s Super Catch-Up 401(k) Contribution: What You Need to Know

Dec 12 2024

If you’re between the ages of 60 and 63, 2025 marks a golden opportunity to supercharge your retirement savings. Thanks to the SECURE 2.0 Act, the IRS is rolling out a special “super catch...

401kmaneuver.com

HSAs are ?: Health Savings Accounts for Early Retirement

Dec 12 2024

This year my family switched from our EPO health insurance plan to a High Deductible Health Plan with a Health Savings Account (HSA)....

faangfire.com

Where to Put $100k in Savings Per Year

Dec 12 2024

FAANG Savings Prioritization. Discover strategic investment scenarios for mid-level FAANG employees and tech professionals looking to optimize $100k in annual savings. This guide covers various financ...

faangfire.com

Four Actions to Lessen Retirement Stress for Women (and Men)

Dec 09 2024

Saving for retirement is anxiety-inducing for everyone, especially women. Following this four-part action plan can help improve your financial security....

kiplinger.com

Planning

What is a Health Savings Account (HSA)? And, Why It’s a Great Retirement Savings Option

Dec 07 2024

What is a Health Savings Account? Explore 4 ways it saves you money and why you might want to use one for retirement savings. The post What is a Health Savings Account (HSA)? And, Why It’s a Gre...

boldin.com

Hsa

Six Year-End Deadlines for Retirees in 2024

Dec 05 2024

Here are six key end-of-year 2024 deadlines that retirees and those saving to retire won't want to miss....

kiplinger.com

The Savings Playbook, a Logical and Meaningful Way to Prioritize Where You Save Money

Dec 05 2024

The savings playbook is a methodology for determining the most impactful way to use your money. Check it out, #4 surprises people. The post The Savings Playbook, a Logical and Meaningful Way to Priori...

boldin.com

Unpacking Common Retirement Challenges(Ep. 3)

Dec 04 2024

Did you know that the average retired couple could end up paying hundreds of thousands of dollars in taxes on their retirement savings? Join Tyson Thacker and Ryan Thacker, as…...

bossretirement.com

Taxes

Retired

The Wealth-Building Powers of Health Savings Accounts (HSAs)

Dec 03 2024

Health savings accounts could be the most underutilized wealth-building tool out there. Here’s who should use them and how to maximize their benefits....

kiplinger.com

Wealth

Mega Backdoor Roth IRA: Supercharging Your Retirement Savings

Nov 26 2024

Ever since I started saving for retirement in 1999, I’ve been a proponent of tax-deferred retirement vehicles like the 401(k) and skeptical of tax-now vehicles like the Roth IRA. Working in bank...

financialsamurai.com

Roth

Black Friday is Just Around the Corner: Is It Worth It?

Nov 24 2024

Black Friday is nearly here, and for many shoppers, it’s an annual opportunity to grab discounted items, often with deals that promise major savings. But is this shopping frenzy really worth it,...

thinksaveretire.com

Half of Retirees Stress Over Spending Retirement Savings

Nov 24 2024

Roy Gori will stay on as an advisor at Manulife after retirement to support the transition...

401kspecialistmag.com