Seeking Retirement

Spending

Showing 46 results of 246

Budgeting and tracking processes

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 May 30 2024

Are You Spending Too Little in Retirement?

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 May 24 2024

Phase of Life Spending

[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 May 19 2024

Model Big Financial Decisions with MaxiFi Software

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 May 07 2024

Does Your Retirement Plan Have Spending Guardrails?

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 Mar 25 2024

Protecting Yourself from Fraud, Theft, and Scams (Part 1)

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 Jan 23 2024

The Benefits of Gamifying Retirement Spending

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 Dec 12 2023

Retirement Spending and Timing Your Mortgage Payoff - 458

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 Dec 05 2023

Bucketing by Expense Type with the Actuarial Approach

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 Nov 05 2023

Update on Pre-Retirement Senioritis- 15 months to go!

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 Oct 31 2023

Did your annual spending increase in retirement?

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 Oct 30 2023

The Surprisingly Hardest Part of Retirement

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 Oct 30 2023

The New York Times Greedy Geezer Myth

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 Oct 28 2023

Wisdom for Our Children - Spending, Saving, and Investing

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 Oct 26 2023

Spending guidelines/buckets in retirement

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 Oct 24 2023

8 Legit Ways to Get Paid to Play Games Online

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 Oct 09 2023

Surprise: Medicare Spending Far Less Than Expected

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 Sep 08 2023

The Liabilities of Success

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 May 23 2023

Getting past the mental blocks about spending 401k money

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 Mar 15 2023

The Joy of Spending My Money Guilt-Free

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 Feb 24 2023

Pre-retirement spending higher than realized

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 Feb 23 2023

Bernicke spending model

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 Jan 23 2023

Rent vs Buy Winter Place in FL

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 Jan 22 2023

Spending Without Regrets

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 Sep 20 2022