Showing 50 results of 655
I understand the basics of spousal benefits and the penalties of claiming your own benefits early. But when I have watched videos, sometimes its unclear which spouse they are talking about. Like they ...
I just retired last June after my wife twisted my arm. I’ve always feared “the market will tank as soon as I retire and start withdrawing from my funds”. Lucky me, it waited 3 months. I’m not used to ...
I am wanting to really thread the needle with our retirement plan but my wife is a bit more conservative (also three years younger than me). I’m 55 and we have over 1.3M in a variety of retirement acc...
I have have been extremely fortunate in my career as an attorney and am planning on retiring in November just before I turn 65. My wife retired last year at 63 with a fairly lucrative retirement portf...
Roger Whitney closes out his five-week Social Security series with a practical framework for married couples deciding when to claim. He explains how to coordinate benefits, avoid common mistakes, and ...
I recently sat with company HR to explore retirement so that I can choose my exact date, learn about COBRA for younger spouse, etc. I was surprised when it was recommended that I delay my retirement b...
According to our financial advisor we’ll have about $900,000 when we’re 94! I doubt we’ll live that long though. He also said we’re actually “under spending”. My husband wasn’t happy that he said that...
Once both our children began school full-time in 2024, my wife and I had more breathing room. At least six hours a day of free time. No more wrangling toddlers in the chaos of the early years. I used ...
Barring long term care needs like a nursing home, which are over the top expensive, my wife and I should be able to live well off of SS and the 4-5% we make on our portfolio. The question is what to d...
I tried to keep this as brief as possible and it’s still too long. But it’s laid out pretty well. My spouse and I will soon be 62. We both work for government and we’re both eligible for a pension. Th...
Giving back is one of our core values at Keen Wealth. Every year, my wife Carissa, who leads our Keen Community Impact Committee and the Keen Wealth Foundation, works with the committee to bring phila...
I originally built Haptica Timer for my wife, who is a physician. Like many clinicians, she spends much of her ... Read more
If you and your spouse are several years apart in age — or simply plan to retire at different times — this episode reveals the financial and relationship challenges most couples never anticipate and h...
I pondered the meaning of legacy this summer while watching my wife hold the hands of her mother for what was most likely the last time. The post End-of-Life Wisdom for Early-Career Doctors appeared f...
My husband retired in 2008 at 62. I retired in 2022 at the age of 72. He is bored - I am not. He expects me to be his entertainment committee and frankly, it is not a job I want. We tried playing card...
My husband and I are retired at 60/61. We are trying to bridge the gap between today and Medicare. Today I developed a plan to take a large withdrawal this year and limit income over the next three ye...
I retired a few years ago and have been the FT caregiver for my BFF (spouse) as we navigate Alzheimer’s. Unfortunately my wife has lost interest in many things and I stopped also. I averaged over 10,0...
My husband and I want to get out of NYC for the month of February this winter. This will be our first time, and we’re looking for recommendations. We want to go anywhere other than Florida or Arizona....
My (M58) and my wife’s (F57) parents are in their 80s. My parents have sacrificed throughout their lives and have built a very substantial nest egg with my father’s financial expertise and planning. M...
Assumptions regarding how long you and your spouse, if you have one, plan to survive in retirement are central to determining your funded status. These assumptions — your lifetime planning period assu...
When a spouse dies, wrapping up their financial affairs too quickly can make your own life more complicated. In fact, few decisions must be made right away.
I’m of the mind that downsizing is more about liberation from stuff than it is about square footage in the home. My wife and I found that it was much harder to do this item by item and much easier to ...
My wife and I own a home in Middle GA and we like it here but we are open to moving to place with: affordable housing (buy probably, comfortable but not fancy, no HOA, ), safe, clean, low cost of livi...
Im 63F with a great job, making good money with a great work retirement savings plan. Spouse is already retired for 6 years. We have enough money between the 2 of us to be fine if I retire now. The is...
I just don't enjoy what I do anymore. I'm only 61 and in great shape. My finances are set and I'll go on my wife's insurance until medicare. However, my wife will still be working for a few years to k...
When inheriting an annuity, a beneficiary who isn't a spouse can face a big tax bill. Choosing annuitization or the "stretch" option lets you soften the blow.
Hello, all: When I retired at the end of May 2024, I was under 65, but my wife was not - she started Medicare Parts A, B, and D June 1, 2024. Because of my pre-retirement income, she was slapped with ...
I am 68 and my wife is 72. We have no children. We have a few nieces and nephews but have not seen any of them in several years. Our net worth is about $1.8M with a paid off home worth about $425K. We...
I'm 61 and still working full time. My spouse is 52 and also works full time. Both of us have always had health insurance through my employment and her company has none at all (small family business.)...
My wife started taking early Social Security benefits at age 62. She has a part time job. We know there is a 2026 income limitation of $2,040 per month. If her income exceeds that amount in a given mo...
My wife will be 67 yrs old this sept, she want's to file for he SS now but will still continue to work full time she has medical insurance from work does she have to apply for medicare now or when?
My husband and I have found ourselves just a few years from retirement and realizing our adult children are not yet financially independent and struggling in today's economy. Can any of you relate to ...
claiming Social Security early has a benefit that is rarely discussed. The combined annual benefit for my wife and I is about $45,000. Drawing this amount instead of withdrawing this from our IRA, all...
The backstory, so you understand how I got here: My brand-new husband died unexpectedly six and a half years ago (right before covid), and had no life insurance. Luckily, I make good money, so it didn...
I'd love some thoughts on my situation. I just turned 69, widowed since 52. Have always worked full time and still do, always for small companies so no retirement plans. Husband passed 15 years ago. I...
When "The Real Housewives of New York" star's husband passed away, Medley found herself in charge of overwhelming financial details. How can you avoid that?
Howdy. I’m still employed full time at almost-80, and planning to retire at that age. I’m single; my wife of 50 years passed a year ago. I’m currently trying to get my ducks in a row…. Dealing with th...
I’ve tried to come up with all the pros and cons but maybe I’ve not thought of everything? My husband just retired and I have one or two more years left. We live up north near children and grandchildr...
Don't get hit with a higher tax bill just when you've lost your spouse. You can deal with it once the worst has happened, but it's far better to plan ahead.
Hi everyone, My wife and i are hoping to retire in about 7 - 10 years, ultimately my question is have I forgotten anything important in my calculations. My wife will retire with a full pension and i w...
I (64M) retired a fewof months ago, and I am decidedly not adjusted yet. My wife and I did the big road trip of 6,500 miles, saw almost every member of my extended family, visited the Grand Canyon (a ...
I recently retired at 63.5. Currently 65 (M). Wife is 61. I see that most of the posts on here and other threads are worried about running out of money at the end of retirement. I get that. No one wan...
I (69F) retired in 2017 from corporate life when my husband was already retired (70M). We had already started a small business and it helped us gently move into retirement. To our surprise, the busine...
Choosing when to file for Social Security isn't about hitting age 62, 67, or 70—it's personal. Here's how to find the best filing age for you and your spouse.
Keen on Retirement listener "Joe" is 51 and his wife is 60. They are thinking about an early retirement before either of them turns 65. Joe wrote in asking about the best strategy for coordinating Soc...
Did you set a budget that matched your planned retirement income and live on that for a period of time before you retired? If you have a partner was it difficult to get on the same page? Wife and I ar...
I retired last spring at 62. My wife had already stepped back from her job the year before. We had saved, we had a plan, but the number that kept me awake was $1,280. That was the monthly quote for a ...
Wife and I are retired and trying to decide on SS timing. I'm 61, she's 64. Using open social security, it shows that the best strategy is her now (probably passed the window already) and me at 70. Th...
As I (71m) age, my routines get more eccentric. “It’s to be comfortable,” I tell myself, but really?” At 5:30 a.m. I kiss my sleeping wife and get out of bed without wretching my back. I think, “I am ...
Many solid retirement plans fall apart during the solo years after one spouse passes away, because the plans do not account for key changes.