Showing 50 results of 326
Record market highs can present an opportunity to retire earlier than planned, provided your strategy relies on spending control, risk management and more.
After decades of saving, many affluent retirees find spending harder than accumulating wealth. Here is why money habits are so hard to break — and how to finally enjoy your savings.
Why wait until December to review your financial plans? You'll have a clear enough picture of income, spending and investments to make meaningful decisions now.
Retirees often overpay their taxes because they mix up their cash flow, income and actual spending. Understanding the differences can help you stay in control.
Research supports the idea that money does buy happiness. Here’s how spending choices matter as much as how much you save. The post Does Money Buy Happiness? Yes, If You Spend It Right appeared first ...
Is fear keeping you from spending the money you worked so hard for? Take our quiz to uncover the mindset holding your retirement back.
Federal Reserve, JPMorgan, and Boldin’s own planning data point to the same story for millionaire retirement spending. Here’s the math. The post Millionaire Retirees Spend $70,000 to $120,000 a Year. ...
One of the greatest ironies in personal finance is that the people with the most money sometimes live the most uncomfortably. After spending another summer in Honolulu with my parents, I've been think...
Many users have told me they aren’t always sure how to enter their assets and spending liabilities into the Actuarial Financial Planner (AFP) Excel workbooks. That’s completely understandable — the ac...
With the World Cup on, I've been thinking about all the parents currently spending $3,500 to $7,000 a year on travel league soccer, dreaming their child might one day wear the national team jersey. So...
This July 4th is America’s 250th birthday, and spending is expected to hit record levels. But budget-friendly 4th of July celebrations are absolutely possible with a little planning. Here are 7 ideas ...
Are you winging your retirement spending? Financial expert Jean Chatzky explains why a lack of a concrete plan is preventing retirees from living their best lives.
I recently met with a 71-year-old retiree who relies on Social Security for a sizable share of her retirement spending. She’s concerned about recent news that the Social Security retirement trust fund...
Reframing splurges as "intentional reallocation" of money can help you overcome spending anxiety and enhance your quality of life. Here are some suggestions.
After a lifetime running a business, spending hours on the golf course, or any other hobby, sounds like a dream retirement. In reality, boredom will soon set in.
Most of us focus on how much to save for retirement, but what you'll spend is just as important, and your spending habits might change more than you expect.
Shifting your identity from working and saving to spending and living can be tough, but here's why you need to do it for yourself and your family.
I find out spending way more partly because we have more time and focusing on stuff like fixing up house and garden and eating out more though since we are doing that focusing on healthy lower cal pla...
It's easy to lose track of spending when you're focused on your family and career. But this is what you're risking when you don't save or protect your income.
In this post, we discuss how you can use the Actuarial Approach and its funded status metric to help you feel more confident about your spending plan in retirement. It is a follow-up to our post of Ja...
Erin Moriarty of Erin Talks Money explores the emotional side of money, retirement spending, and how AI is reshaping financial planning. The post Podcast 109: Personal Finance for Real People: DIY Inv...
Spending in retirement often starts off strong then tapers off, so why rely on planning methods that assume it stays constant? Here's a more realistic approach.
Lifestyle creep can quietly influence long‑term financial security. Here's how to check in on your spending and realign with your goals.
Spending more time managing your health in your 70s and beyond is part of the “new normal” of extending healthy longevity to your later years.
Today I had a funny interaction with a friend who is just now starting his retirement but hasn’t yet adjusted. We were discussing plans on spending a few days at his cabin along with another recently ...
Your tax refund can be more than extra spending money. Using it strategically – such as boosting retirement savings, paying down debt, or building an emergency fund – may strengthen your long-term fin...
I know some retirees end up spending a fair amount of well-earned money at the start of retirement, living Big Adventure dreams. A month in Greece and Turkey. Buying an RV and spending a year or two o...
The final decisions you make on spending, Social Security and investments can make the difference between a successful retirement and one filled with regret.
Adding just 1% more can have a transformative impact on your retirement savings and spending. See how this painless hack works.
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...
What can our top five Retire With Purpose Podcast episodes of 2025 teach you about avoiding regrets, spending confidently, and living with purpose as you head into 2026? In this episode, we discuss: T...
What is your retirement spending style? Find out with this quick quiz.
I’m back in Honolulu for the winter holidays, visiting my parents, and I’ve been looking forward to this trip for months. Especially after spending about $41,000 remodeling and furnishing a neglected ...
When you think about retirement, it’s easy to picture it as one long chapter, but financially, it’s really a series of different seasons. Your needs, lifestyle, and spending change over time, and your...
Holiday spending is rising sharply in 2025, with shoppers planning to spend more on gifts and online purchases than last year. This guide shares 8 steps to help you avoid holiday debt, set clear expec...
After decades of saving/investing, it's hard to immediately switch to spending mode. Here's what worked for me over the last few years! Read more → The post Learning How to Spend Money (While Enj...
It’s not too early to start planning your spending for 2026 even though you haven’t yet determined your January 1, 2026 Funded Status. You or your spouse may be considering spending in 202...
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...
Retired 4 years as of October 1, and loving it! It took about a year and a half before I felt comfy in my spending. This evening, I opened a bottle of champagne, just because….it’s Tuesda...
As the government shutdown continues, Congress can’t come to terms on spending. It’s easy to confuse Medicare with Medicaid, but there are several key differences....
Are you spending a lot on non-essentials that once felt like luxuries but now seem normal? You might be experiencing lifestyle creep. Here's how to stop it in its tracks....
I am 60 and set a target retirement date for me and my spouse of Jan 1, 2028. 2 years + 3 months. Based on my savings/spending and conservative growth projects, I think we should be fine. What is your...
Most grocery advice feels like homework. Clipping coupons, building a meal plan, tracking spending in spreadsheets. Ugh. It’s no wonder ... Read more...
The stock market and consumer spending are presently in a self-reinforcing positive feedback loop; the wealth effect from increasing stock ... Read more...
At How Much Can I Afford to Spend in Retirement? we encourage retired households to periodically compare the present value of their retirement assets with the present value of their spending liabiliti...
Discover the top financial aha moments! Have you experienced all of these insights? From spending and taxes to flexibility and confidence. The post 8 Big Aha Moments: How a Written Retirement Plan Cha...
Jeremy Keil explains step 1 of the 5 step retirement plan: retirement spending. When it comes to retirement planning, one of the biggest questions people ask is: Where do I start? The truth is, before...
Thanks to Kitces.com and Justin Fitzpatrick for once again informing financial advisors and retired DIYers that there are better metrics and processes for managing spending in retirement than the prob...
2 months into retirement and I'm still completely satisfied with doing "nothing". Cleaning out the garage is sometimes a daily checkin. I'm spending alot of time outside and enjoying the summer weathe...
I would think that how you plan your retirement spending patterns and how much of an estate to leave would change if there is no desire to leave something behind for family members. So what does that ...