Spending
Showing 50 results of 86
Why You May Need To Rethink Your Retirement, Work, And Spending
Dec 20 2024
Living a long time in retirement with limited financial resources means you’ll need to be resourceful and creative to live long and well....
forbes.com
Bonds and Annuities, Social Security and Retirement Spending - 508
Dec 18 2024
John in Pennsylvania doesn’t have bonds in his investment portfolio. Should he add them, and if so, where? That’s today on Your Money, Your Wealth® podcast number 508 with Joe Anderson...
purefinancial.com
The 12 Best Things Rich Retirees Do
Dec 17 2024
From prioritizing spending and investing to using debt wisely and developing a giving attitude, rich retirees develop habits to live by....
kiplinger.com
Should You use a Dynamic Process with Guardrails to Keep Spending on Track in Retirement? Yes, But Not with a Monte Carlo Model Typically Used by Financial Advisors
Dec 16 2024
This post is a follow-up to our post of March 7, 2021 and several other of our posts and articles noting that a model like the Actuarial Financial Planner (AFP) is a better model to use when employing...
howmuchcaniaffordtospendinretirement.blogspot.com
Plans to spending more in Retirement
Dec 09 2024
My wife and I have lived most of our lives cutting back and working hard and being fiscal responsible. As we look forward to retirement, we want to enjoy it and not just maintain. It seems most articl...
reddit.com
How to Plan for 35 Years of Retirement Spending With Smart Roth Conversions - 506
Dec 03 2024
What’s a safe withdrawal rate for Wine Guy and Wine Gal in Sonoma California to have 35 years of “guaranteed” retirement spending? How aggressively should they convert their retireme...
purefinancial.com
The Actuarial Approach--Better Than The 4% Rule, Simpler Than Monte Carlo Modeling and More Effective Than Either
Nov 25 2024
Looking to keep your spending on track and consistent with your spending goals in retirement? Forget the 4% Rule and complicated Monte Carlo simulations. Use the same basic approach/process that actua...
howmuchcaniaffordtospendinretirement.blogspot.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
Americans Spend More on Streaming Services Than Retirement
Nov 24 2024
Close to half of respondents in a First Merchants Bank study listed streaming as a spending…...
401kspecialistmag.com
468: The Psychology of Spending More in Retirement to Increase Happiness with Dr. Michael Finke
Nov 18 2024
Today, I’m talking to Dr. Michael Finke. Michael is the Professor of Wealth Management at the American College of Financial Services. His research is focused on retirement income planning, retir...
retirewithpurpose.com
SEC Docks Invesco Advisers $17.5M for Misleading ESG Statements
Nov 14 2024
New Spending in Retirement study shows big increase in spending more than they can afford…...
401kspecialistmag.com
1 in 3 Guilty of Overspending in Retirement: EBRI
Nov 14 2024
New Spending in Retirement study shows big increase in spending more than they can afford…...
401kspecialistmag.com
Retirees, a Rich Life Does Not Require Spending More Money
Nov 11 2024
Spending is a poor proxy for enjoyment and life satisfaction. The best things in life are nearly free. Don't worry whether you're "underspending." Learn the Nuts and Bolts I put everything I use to ma...
thefinancebuff.com
3 Ways to Reduce Spending on Phone Number Location Tracking Services
Nov 02 2024
Hey there! Are you looking for an effective way to track someone's whereabouts without breaking the bank? We get it. If you need to find your kid's location right now, spending hours searching through...
thinksaveretire.com
Obsessing about NOT spending money
Oct 27 2024
I'm 66, my wife is 63. We're both semi-retired. I've spent SO much time in the last few years about figuring out how long our retirement savings will last. Yesterday she (a non-smoker) was diagnosed w...
reddit.com
7 Common Retirement Spending Mistakes To Avoid
Oct 18 2024
There’s a lot to consider when building a retirement income portfolio and avoiding common spending mistakes. Take the time to do the job right!...
forbes.com
Building Relationships with Grandkids: Make the Most of Your Time with Them
Oct 15 2024
Whether your grandkids live next door or states away, it is likely you will want to make the most of every second you spend with them. Spending quality time with your grandchildren can be one of the m...
baby-boomer-retirement.com
How to Overcome Fears of Spending in Retirement
Oct 01 2024
Ben has been a saver his entire life, which helped position him for an early retirement at the age of 53. Yet, he faces a big challenge. Having maintained his modest lifestyle, Ben’s comfortable...
buzzsprout.com
How to Overcome Fears of Spending in Retirement
Sep 25 2024
Ben has been a saver his entire life, which helped position him for an early retirement at the age of 53. Yet, he faces a big challenge. Having maintained his modest lifestyle, Ben’s comfortable...
buzzsprout.com
How do you live on a cash basis in today's world?
Sep 18 2024
I'm a few months into retirement, my wife is still working till next June. One of the things we're trying to do--and were starting before I retired--is transitioning our spending on routine items away...
reddit.com
Cap on Retirees’ Part D Spending May Push Up Premiums
Aug 22 2024
2025 will be a banner year for retirees. In January, a hard $2,000 cap on how much they spend out of their own pockets for medications kicks in. Retirees should welcome the new, much lower spending li...
crr.bc.edu
How Guaranteed Lifetime Income Increases Retiree Spending
Aug 16 2024
When retirees have more guaranteed lifetime income, they spend significantly more than those with a lot of investments....
forbes.com
Busting the 4% Rule Myth
Aug 15 2024
Derek Tharp explains how risk-based guardrails can provide a better retirement spending plan than the 4 percent rule would allow....
keilfp.com
What is your spending ratio in retirement?
Aug 13 2024
The 50/30/20 ratio for working folks is widely available but I haven't found anything comparable for retirees. Is there some ratio recommendation for those retired? In our case (couple) we are spendin...
reddit.com
Are You Fighting With Your Aging Parent Over Money?
Aug 08 2024
Taking legal control away from an impaired elder's access to free spending can make them mad. But the risk of their anger is worth it. Family can stop financial abuse....
forbes.com
Jonathan Clements, Longtime Personal Finance Columnist, Has Cancer
Jul 13 2024
Jonathan Clements, a longtime personal finance columnist for The Wall Street Journal, has a lot of savings. He’s not mad that a fatal illness will keep him from spending it....
nytimes.com
3 Ways to Reduce Spending on Phone Number Location Tracking Services
Jul 08 2024
We get it - not everyone wants to spend much money on phone number location services. Or maybe you'd just want to track a number once and not be bothered by a whole year subscription. So, here come so...
thinksaveretire.com
8 Ways to Reduce Spending on Phone Number Location Tracking Services
Jul 06 2024
We get it - not everyone wants to spend much money on phone number location services. Or maybe you'd just want to track a number once and not be bothered by a whole year subscription. So, here come so...
thinksaveretire.com
Shifting from a savings mindset to a spending mindset
Jul 06 2024
Hey all, I am retiring in 84 days (not that I'm keeping track) I have been accumulating for a long time. I am thinking its going to be a struggle to no longer be saving the same way and having to spen...
reddit.com
Ask a Financial Pro: Inflation Seems to Be Eating Away at My Future Spending Power. How Do I Plan for Inflation in Retirement?
Jul 03 2024
The key to beating inflation in retirement is to account for it and incorporate it into your plan....
money.usnews.com
Could You Be Spending More in Retirement? Ep #219
Jul 02 2024
What if you had a magic app that told you how much of your net worth you never got to spend at the end of your retirement? The trouble with planning for retirement is all the uncertainty, however, pro...
financialsymmetry.libsyn.com
Third Quarter Finance Tips to Turn Things Around
Jun 25 2024
In mid-2024, Americans are still facing high inflation and high interest rates. And they are saving less and spending less. According to data from the Commerce Department, “The personal saving r...
401kmaneuver.com
A Vacation Spending Guide: The True Cost Is More Than You Think
Jun 11 2024
Wondering how much to spend on vacation while being fiscally responsible and still having a good time? In this post, I offer a vacation spending guide to help you manage your spending responsibly with...
financialsamurai.com
Spaving: Can Spending More Actually Save You More?
Jun 10 2024
I recently discovered a buzzword called “spaving,” which combines spending and saving. It sounds odd – spending money to save ... Read more...
physicianonfire.com
Do you limit how far you'll fly? Or break up trips into shorter segments?
Jun 06 2024
We're looking at going to New Zealand and Australia, then cruising to Hawaii, then coming back home to Boston. When we went to Hawaii our first time, we broke it up by spending a couple of days in Cal...
reddit.com
Budgeting and tracking processes
May 30 2024
Interested to know how you track spending v your budget. We are semi-retired w a variable income that we do not figure into our income so taking withdrawals down savings and not tapping SS until 70 pe...
reddit.com
Are You Spending Too Little in Retirement?
May 24 2024
Navigating the risks to retirement, maintaining security and transforming your spending strategy from a “save-only” mindset in order to enjoy your retirement. Today, we’re tackling a...
keilfp.com
Phase of Life Spending
May 19 2024
[Editor's Note: For those who want to inspire the WCI community and teach the knowledge they’ve gained in the financial and/or wellness spaces, we are officially calling for WCICON25 speakers. W...
whitecoatinvestor.com
Model Big Financial Decisions with MaxiFi Software
May 07 2024
I use the free Fidelity retirement planning tool to keep an eye on our current investments relative to our spending. Using that tool revealed two fundamental drivers of financial success in retirement...
thefinancebuff.com
Spending my retirement doing everything I wanted to do. One big item complete.
Apr 27 2024
So I have been retired for about 3 years now and my goal was to try new things and to keep myself active and sharp by leaning new skills. When people ask me what my hobby is I tell them I am a skill c...
reddit.com
How the Wealthy Spend Money Differently from Everyone Else
Apr 26 2024
In a world where financial habits vary widely, the spending behaviors of the wealthy stand out as particularly intriguing. While everyone must manage their finances, the affluent often exhibit distinc...
newretirement.com
9 Ways to Overcome the Terror of Spending Your Retirement Savings
Apr 19 2024
Terror about retirement spending is not uncommon. In fact, most people are worried about spending their nest egg and running out of money. After all, you have been conditioned for decades to earn, not...
newretirement.com
What Happens Financially When You Work One More Year?
Apr 14 2024
The impact of saving more, spending less later and benefiting from an extra year or more of compounding can be truly staggering....
kiplinger.com
Going from extreme saving mindset to spending for a good life
Apr 10 2024
I retired literally on the day before the US stock and bond markets began to tank in 2022. So starting my retirement while watching the value of my portfolio go down and down and down while inflation ...
reddit.com
What Percentage Drop in Your Assets Might Trigger a Reduction in Your Discretionary Spending?
Apr 02 2024
Nice to see two more recent articles in the retirement income press discussing the advantages of dynamic retirement approaches like ours that use guardrails to adjust spending in retirement. These two...
howmuchcaniaffordtospendinretirement.blogspot.com
Does Your Retirement Plan Have Spending Guardrails?
Mar 25 2024
Ongoing planning in retirement involves periodically assessing whether spending may be increased or must be decreased to remain on track. In his recent Kitces.com article, How Communicating Guardrails...
howmuchcaniaffordtospendinretirement.blogspot.com
3 Ways to Feel Comfortable with Retirement Spending
Mar 16 2024
Like many of us, you have been working and saving for decades for just this moment: retirement. Even though you ... Read more...
physicianonfire.com
What retirement calculator for spending down do you use, and why?
Mar 12 2024
Over on the wiki for this sub there are no less than 33 retirement calculators. Many are used in the FI community to figure out what their 'number' is, not so many are designed to figure out a few har...
reddit.com
Average Retirement Spending: Will You Spend More or Less Once You Retire and How Does that Compare to Other Retirees?
Mar 08 2024
Do you actually know how much you spend every day now? What about every week? Throughout your life, you have probably at least looked backward to assess how much you have spent, even if it is just a r...
newretirement.com
Listener Q&A: Lifetime Tax Savings, Social Security Scenarios, Retirement Spending
Feb 28 2024
Check out Jeremy’s latest podcast on retirement planning by listening on “Apple Podcasts” or “Spotify Podcasts” or read below for more answers to listener questions about...
keilfp.com
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