Spending
Showing 47 results of 47
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
Protecting Yourself from Fraud, Theft, and Scams (Part 1)
Jan 23 2024
Last month, I published a guest post from David Champion about the benefits he’s derived from gamifying his retirement spending. A discussion developed in the comments related to the challenge o...
caniretireyet.com
The Benefits of Gamifying Retirement Spending
Dec 12 2023
Today’s guest post is from David, a long time blog reader. He retired early at age 52. In the five years since, he has lived exclusively off of his investments while leading an adventurous lifes...
caniretireyet.com
Your Year End Retirement Checklist: Put 2023 Behind You and Prepare for a Great 2024 and Beyond
Dec 08 2023
Yep. It is time to make a list and check it twice. But this checklist doesn’t having anything to do with gift giving and spending money. This is your year-end financial planning list: 25 things ...
newretirement.com
Retirement Spending and Timing Your Mortgage Payoff - 458
Dec 05 2023
Should Brian in Binghamton, New York pay off his mortgage for a guaranteed 6% return? How bad did Steve in Pittsburgh screw up his retirement, and can he afford to buy a new house away from his a-hole...
purefinancial.com
A Recipe for Financial Success: It’s as Easy as Pumpkin Pie
Nov 16 2023
While it can be, financial success doesn’t have to be the equivalent of a fancy French pastry: millions in savings, lavish spending, complicated investment schemes, and expensive guidance. The k...
newretirement.com
Confidently Boost Your Spending in Retirement with the Actuarial Approach
Nov 12 2023
As discussed many times in this website, the Actuarial Approach employs a model and a process that involves systematic comparison of household assets and liabilities and tracking of the resulting hous...
howmuchcaniaffordtospendinretirement.blogspot.com
Bucketing by Expense Type with the Actuarial Approach
Nov 05 2023
Many financial advisors employ time segmentation buckets (sometimes simply referred to as “bucketing”) to help their clients fund their desired retirement spending. This usually involves t...
howmuchcaniaffordtospendinretirement.blogspot.com
Update on Pre-Retirement Senioritis- 15 months to go!
Oct 31 2023
Just over 3 months ago, I made a post called Pre-Retirement Senioritis, and I felt pretty badly about not getting certain tasks done, spending large chunks of my day planning for retirement. Many of y...
reddit.com
Did your annual spending increase in retirement?
Oct 30 2023
I just read at article that cited a T Rowe Price survey which found that half of those surveyed reported that their annual spending increased by up to 25% after retiring. This was surprising because c...
reddit.com
The Surprisingly Hardest Part of Retirement
Oct 30 2023
For countless retirees, the greatest challenge isn't saving money, but spending it. After years of diligent saving, the transition to drawing down those hard-earned funds can be fraught with anxiety a...
sites.libsyn.com
The New York Times Greedy Geezer Myth
Oct 28 2023
The intergenerational-conflict myth is weaponized to cut Social Security and Medicare and make people work longer. The intergenerational – conflict myth intones that politicians who cut spending...
forbes.com
Wisdom for Our Children - Spending, Saving, and Investing
Oct 26 2023
We often try to overcomplicate finances, but simplicity is the key. That’s not to say simplistic: simple doesn’t equal simplistic. On this episode, we wrap up our Wisdom for Our Children s...
rogerwhitney.libsyn.com
Spending guidelines/buckets in retirement
Oct 24 2023
During the working and saving years, there are various rules of thumb about how to apportion earned income. For example, there is a 50/30/20 rule that breaks things up into percentages of Needs, Wants...
reddit.com
Happiness Series Part 2: Five Big-Ass Spending Experiments
Oct 23 2023
This is Part 2 of a 3 part post. If you missed part 1 last week, check it out here. Can money buy happiness? It’s a great question! And it’s complicated… Investing Versus Spending I...
1500days.com
The 4% rule for retirement spending is now the 4.7% rule
Oct 20 2023
3 steps to getting a solid handle on your retirement savings in this shaky market....
marketwatch.com
Retirement confidence keeps falling as political instability rises
Oct 12 2023
As Congress battles over spending and House leadership, retirement advisors are losing faith in the U.S. economy....
financial-planning.com
8 Legit Ways to Get Paid to Play Games Online
Oct 09 2023
Playing games is one of the many ways to make money online. While it isn’t necessarily the most profitable, if you’re already spending time going ham on bingo or honing in on your Tetris s...
thinksaveretire.com
Budgeting Time: You Probably Know Your Net Worth but How Are You Measuring Your Time?
Oct 05 2023
At NewRetirement we talk a lot about spending and saving money. But, arguably the most important currency in life is time. If you are reading this blog, you probably subscribe to the idea that some de...
newretirement.com
Surprise: Medicare Spending Far Less Than Expected
Sep 08 2023
Sept. 8, 2023 — The number of people using Medicare has grown steadily as baby boomers become eligible. But defying predictions, spending per Medicare recipient has levelled off, which brings un...
topretirements.com
The Liabilities of Success
May 23 2023
Bryan Johnson is spending millions of dollars each year towards a singular ambition—to slow his aging. His meticulous morning routine begins with light therapy during meditation. He follows this up ...
ofdollarsanddata.com
Age 60: 1m cash on hand. Is this how I should optimize my retirement withdrawals and spending?
Mar 24 2023
Recently closed a house and after all closing costs, I will have $1m cash on hand. Anticipated Retirement Income: $80,000. Age 60. Anticipated SS: $44,000 annually. 401k: 750k, currently in retirement...
reddit.com
Getting past the mental blocks about spending 401k money
Mar 15 2023
I've read through some posts about people being afraid of spending their 401k and most responses assume you aren't depending in the 401k to be your main source of income. The only pension I have may b...
reddit.com
Focus on Your Spending Budget and Your Funded Status, Not on Withdrawals from Your Accumulated Savings
Mar 13 2023
It seems that every other article we read these days in the retirement media involves someone’s thoughts about how best to withdraw funds from accumulated savings to supplement income from other...
howmuchcaniaffordtospendinretirement.blogspot.com
How do I get over the fear of spending my 401k?
Mar 12 2023
submitted by /u/mmura09[visit reddit] [comments]...
reddit.com
Stories of Early Retirements that Almost Didn't Work Out Financially?
Mar 05 2023
Anyone retire early then find out the numbers didn't quite work? If so, how did you make it work? Did you just adjust your spending? Or did you get a part-time job or even go back full-time? Some comb...
reddit.com
How to Keep Revenge Spending From Ruining Your Retirement
Mar 03 2023
Once the worst of the pandemic passed, some of us turned from being savers to spenders — setting ourselves up for potential disaster....
nytimes.com
How I Found The Freedom To Truly Be Myself In Retirement
Feb 26 2023
Between spending time with family and dedicating her work to the U.S. National Parks, Nancy enjoys the freedom that comes with retirement....
travelawaits.com
The Joy of Spending My Money Guilt-Free
Feb 24 2023
Frugality is hard habit — for some, it’s hard to learn, and for others, it’s hard to break. A lifetime, ... Read more...
physicianonfire.com
Pre-retirement spending higher than realized
Feb 23 2023
Update: as someone who never created a spending budget (link below), I finally did one as we get closer to retirement. Tried Mint and Personal Capital, but neither worked well for me (PC couldn't down...
reddit.com
Workers Lose Billions Of Dollars In Flexible Spending Accounts
Feb 17 2023
Workers trying to save a few tax dollars can lose a lot more....
forbes.com
Bernicke spending model
Jan 23 2023
Does anyone out there in Reddit retirement land have lived experience with the Bernicke spending model? Have you found that your spending has gradually and naturally decreased by 3% a year? Is it a cr...
reddit.com
Rent vs Buy Winter Place in FL
Jan 22 2023
I’ve retired in the last year in the Midwest. Summer is easy but winter is confining. After a spending a few weeks in Florida I’ve made a decision to spend the winter there and take advant...
reddit.com
The Art and Science of Spending Money · Collab Fund
Jan 12 2023
Former General Electric CEO Jack Welch once nearly died of a heart attack....
collabfund.com
Automatic Funded Status Adjustments to Your Spending Budget
Jan 07 2023
The Actuarial Approach advocated in this website is a dynamic spending approach that anticipates periodic determinations (or valuations) of the retired household funded status and, if necessary, adjus...
howmuchcaniaffordtospendinretirement.blogspot.com
The Best Decumulation Age To Start Spending Down Your Fortune
Nov 15 2022
Dying with millions is silly. You will have wasted all that time, stress, and energy if you do....
financialsamurai.com
Spending Without Regrets
Sep 20 2022
A few weeks ago, this TikTok video about how much a couple spends on a date night in the midwest, went viral on FinTwit (financial Twitter): https://www.tiktok.com/@dollarswithdrew/video/7130826665240...
ofdollarsanddata.com
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