Spouse
Showing 50 results of 158
Question on spouse taking SS early and possible income penalty
Jan 22 2024
My wife is no longer working, so she has no income. She just turned 63. If she starts taking her SS now, does she get penalized for my income if we file taxes jointly? Her difference between taking at...
reddit.com
An Extended Car Warranty Is Probably Not Worth The Cost
Jan 19 2024
In December 2016, I purchased a 2015 Range Rover Sport with 10,800 miles. At the time, I had been driving a Honda Fit but sought a larger vehicle as my wife was expecting in early 2017. During the pur...
financialsamurai.com
Social Security survivor benefits for spouse of expat - some questions
Jan 17 2024
Here's what I'm trying to do and what I found out, but would like to confirm. I'm a U.S. citizen and permanent resident of Japan, having lived here 40 years. I live with my same sex partner of more th...
community.aarp.org
Alcohol Abuse and Alcoholism in Retirement
Jan 15 2024
My husband and I have been in 12 Step Recovery programs, Alcoholics Anonymous and Al Anon, for over 40 years, since we were both in our 30s. As young adults, alcohol abuse was already having a bad eff...
baby-boomer-retirement.com
How a Spouse Can Stretch an Inherited IRA
Jan 15 2024
Photo credit: jb If you or someone you know has inherited an IRA from a spouse, there are several options available for handling the account. You could transfer the IRA to an inherited IRA, properly t...
financialducksinarow.com
Worldwide retirement communities similar to The Villages?
Jan 13 2024
Me and my spouse really like the idea of The Villages in Florida where you get to own your own home and there’s a bunch of things to do all the time (soccer, pickleball, swimming, knitting) and ...
reddit.com
Should wife file early or wait until I start collecting?
Jan 12 2024
I would like your opinion. I don’t plan on collecting SS until my full retirement age which is a few years from now. After that, God willing, I plan on working until I’m 70. My wife is at ...
reddit.com
Bigger and Badder SUVs
Jan 09 2024
My wife and I know enough not to go out on the road on New Year's Eve. But we don't always know enough not to drive when the weather gets bad. My wife B desperately wanted to drive up to New Jersey to...
sightingsat60.blogspot.com
SPOUSE NOT RETIRING YET
Dec 30 2023
My spouse is 8 years younger and will not be on SS for several more years. I am 65 and want to retire, but I have read that his income will deduct what I should be able to draw. How much will I be pen...
community.aarp.org
5 Ways to Stay Useful in Retirement
Dec 26 2023
In 2014, my wife had just retired from her stressful Pathologist role when I uprooted her to fulfill my dream ... Read more...
physicianonfire.com
Financial management thoughts, recent developments
Dec 21 2023
My wife and I are both retired at 67. I'm deferring Social Security until 70 to maximize the monthly benefit; my wife is collecting hers because it makes sense to. Our lifetime, based on family, will ...
reddit.com
When Should You Collect Social Security if Your Spouse is Much Older?
Dec 12 2023
James addresses a listener's question regarding Social Security strategies in retirement. Sasha, aged 59, seeks advice on when to start collecting Social Security, considering her husband's benefits a...
buzzsprout.com
Seeking your advice on near-retirement burnout + working part-time later in life
Dec 09 2023
Hi, all. Long-time lurker, first-time poster. Thanks to everyone who shares their experiences and knowledge here. This sub is very helpful as my wife and I plan for retirement. I'm 57 and burned out p...
reddit.com
Has anyone here tried RoadScholar trip packages?
Dec 08 2023
My wife and I are not big travelers at all, but are considering making a select few number of trips over the next couple of years while we are still young (age 66, ha!). We visited London once, and Pa...
reddit.com
Should Your Spouse Work or Stay At Home?
Dec 06 2023
In this week’s video, we’re going to talk through one of the most difficult decisions a couple can make: can they live on a single income to be able to stay at home with their kids. This u...
thomaskopelman.com
I’m considering buying term life for my son
Dec 02 2023
My younger son was our problem child and we spent thousands bailing him out of his poor decisions and scrapes with the law. He is now married and has 3 kids. His wife doesn’t work although there...
reddit.com
I’m tired of pounding the pavement, I think it’s almost time.
Dec 01 2023
Your thoughts. Almost 61m, just had 2 stents put in, pretty good family longevity. I started collecting my pension at 53. 1700 a month with 50% going to my wife if I die. I’ve been beating the p...
reddit.com
Spousal Benefit Calculation - Will SSA provide max payment?
Nov 27 2023
I am in the process of submitting application on the SSA web site for my wife to start collecting social security benefit at FRA in February 2024. Will SSA automatically calculate her maximum payment,...
reddit.com
My wife won’t retire now that we can! I am open to suggestions.
Nov 26 2023
I am 66 and my spouse is soon to be 66. I have a 100% Va disability plus pretty good SSI. She has her SSI also. I recently retired and she has a small housecleaning job that pays a few hundred per mon...
reddit.com
Happy Thanksgiving to Our Readers
Nov 22 2023
My husband’s family has a nice tradition. They go around the table, and each person says what they’re thankful for. What they say changes with the passing years, depending on their joys an...
crr.bc.edu
I just moved. I didn't think it would be so exhausting.
Nov 15 2023
In the past on this forum I asked for ideas on where to move. A couple of my thoughts were Texas, Florida or Alabama. Well, my wife and I did move. Across town less than a mile away. (There's no place...
reddit.com
Struggling with becoming a spender not a saver
Nov 13 2023
Me and my wife both 67 I've worked full time her a few years as we raised 5 kids. Was hard to save in those early years but last few have been great. Managed to have 600k in 401k 600k already taxed ea...
reddit.com
Hello, wife and I about to pull the ripcord on retirement at 61-60
Nov 11 2023
Hello folks. Wife and I at that age we're planning to retire. Although we're pretty simple and don't live fancy, we have both worked professionally for decades and have 401k's about $1m each, we have ...
reddit.com
Help me to decide if it’s time for me to retire or not
Nov 10 2023
I’m 59. My husband is 65 and semi-retired. Pro’s: 1. I’m soooo tired, 2. I need more time to exercise and stay healthy, 3. We definitely have enough to live on, 4. I’d like to ...
reddit.com
Spouse passed. Need help thinking through insurance options.
Nov 07 2023
Spouse passed unexpectedly a couple weeks ago. I am 61 and utterly lost about how to handle insurance. I have never worked and do not have employer options. Should I be applying for 2023 coverage thro...
reddit.com
Which vehicle to keep? I have recently inherited a 2012 Dodge Ram 1500 with 144,000+ miles.
Nov 05 2023
The truck belong to my recently deceased husband. Husband was an alcoholic, so there is some minor body damage. Truck runs great and is kind of fun to drive. I also have a 2014 Nissan Pathfinder with ...
reddit.com
For those not working, how late in the day do you get dressed?
Oct 29 2023
I often wonder around in a robe and sandals, sometimes as late as 2:000PM. I rarely get dressed as soon after I wake up. The main reason I get dressed is my wife works and when she comes home I don't ...
reddit.com
How do you all spend your time in retirement (59F and 69M couple)?
Oct 20 2023
Me (59) and my husband (69) both retired in 2021, and over the last 2 years we basically just traveled around the world to the places that we simply didn't have time to go to when we were still workin...
reddit.com
How much SS after death of spouse
Oct 18 2023
Both my wife and I are collecting SS benefits. I waited until just short of age 70 to collect. She started collecting at age 63. I receive the larger amount. When one of us passes, how is the survivin...
community.aarp.org
Renting Advantages: Why Renting is the Superior Choice
Oct 13 2023
The decision to move out of our home was made shortly after 4:30 AM, just as my wife pulled out ... Read more...
physicianonfire.com
Many Couples Do Not Coordinate 401(k) Matches
Oct 12 2023
Imagine a married couple. Both work, and their earnings are identical. But one spouse’s employer is matching every dollar of her 401(k) contributions up to a cap. The other spouse’s 401(k)...
crr.bc.edu
Some Sobering (and Scary) Statistics on People’s Retirement Preparedness
Oct 08 2023
By Josh Katzowitz, WCI Content Director If my psychiatrist wife hadn’t begun taking care of our money and our investing strategy so many years ago and if I hadn’t made a New Year’s r...
whitecoatinvestor.com
Site Visit: Member Tours Virginia’s Cascades at Embrey Mill
Apr 30 2023
By Anonymous One of our long time Members and his wife visited Embrey Mill recently. We thank him for sharing his observations on the visit! May 1, 2023 — We’ve been in our present home for ab...
topretirements.com
What was your biggest retirement promise to yourself? Did you keep it?
Mar 23 2023
Before I retired I promised myself, "When I retire I'm moving to Costa Rica". I was serious and my wife was all for it as well. When I finally retired it was a different story. My wife didn't want to ...
reddit.com
Long term care
Mar 22 2023
How many have opted for long term care insurance? It's a huge cost, but the thought of needing care and leaving my spouse destitute is daunting. I know a lot of people my age (nearing retirement) that...
reddit.com
I'm confused on when to claim spousal benefits
Mar 20 2023
I just turned 67 and claimed my SS benefit when I reached my FRA, last year. My wife, who turns 66 this next week, was mostly a stay at home mom but did teach for a few years. Upon her turning 62, she...
community.aarp.org
7 Ways to Get Your Partner on Board Financially
Mar 15 2023
[Editor's Note: We’ve long said that the best possible asset protection for your family is a regular date night with your spouse. But sometimes busy couples need a little more guidance. That&rsq...
whitecoatinvestor.com
Is this enough for my wife to live on?
Mar 13 2023
Hi. We are both in our mid fifties and live in Los Angeles. If I were to die tomorrow, a distinct possibility, could she make 300K last the rest of her life? She’s on permanent disability and re...
reddit.com
Your current status and your future wishes for retirement
Mar 08 2023
I'll start Low 50's DINK's Wife and I have been employed since high school. Once I'm done, I have zero desire to work ever again. I have 22 years with current company and my wife has 10. No ki...
reddit.com
Movie inspiration to get excited about retirement?
Mar 03 2023
After years of dithering on both of our parts, today my husband finally pulled the plug and formally announced his retirement date (May) at his very boring bank job. He’s now freaking out about ...
reddit.com
retire right now?
Mar 01 2023
I got a lot of stuff going on. I have kidney cancer, I am 64 and have a federal job that now has changed and I question my skills at it, I have a wife who quit her job and has retired but without draw...
reddit.com
A Candid Conversation with My Physician Spouse About Burnout, Guilt, and Resentment
Feb 24 2023
[Editor's Note: It’s less than a week until the best medical conference of the year, and even if you can’t attend the Physician Wellness and Financial Literacy Conference (WCICON23) in per...
whitecoatinvestor.com
Age for determining spousal benefit
Feb 21 2023
If my spouse retires at age 62 and receives a reduced benefit on her own record, and I retire at my FRA when she is 65, which of her ages is used to determine her spousal benefit? 62 or 65?...
community.aarp.org
Exceptions to the One House, One Spouse, One Job Rule
Feb 20 2023
By Dr. James M. Dahle, WCI Founder Anyone who has been around the physician financial blogosphere has probably heard someone cite the “one house, one spouse” rule of thumb. In 2015, I expa...
whitecoatinvestor.com
Winter rentals in 55+ communities
Feb 19 2023
Hi, Anyone rent in a 55+ community during the winter months? Spouse and I are retiring this year and would like to find some rentals for next winter in a 55+ community. I have one lined up in Florida ...
reddit.com
Retire next year?
Feb 19 2023
I am 53m with wife, 53f, one kid, 15. Retired from military in 2020 with 70k pension that I am currently receiving. Wife gets 30k if I die first. I expect 35k/yr social security at 67. Wife will colle...
reddit.com
Wife doesn’t want me to retire
Feb 16 2023
Wife and I are both 52. I’m currently making around $300k a year in a fairly high stress role that I hate. My wife retired 5 years ago due to health issues - she gets $36k a year for disability....
reddit.com
Four Years and Counting
Feb 14 2023
In a little over four years, I will be 78, a fact that is sometimes hard to grasp. Betty and I agree that is when it would be wise for us to move to a continuing-care retirement community. My wife wil...
satisfyingretirement.blogspot.com
Retirement location.
Feb 13 2023
My wife and I live in north nj, one of the most affluent suburbs in the US. We live in a 120 year old stone house on about .5 acres but surrounded by a park on 2 sides and some woods from an office bu...
reddit.com
about SS and dying before drawing
Feb 12 2023
My wife (of 35+ yrs) has earned much less than I have over the years. The calculators all say my wife should start drawing SS at 62 and I should start drawing at 67. If I die before I start drawing, w...
reddit.com
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