Retirement
Fact-Checking Cook and Ghilarducci On Retirement (Again)
Really, I don’t want to be doing this. I just want a fact-based discussion on retirement income security, so we can fix what needs fixing…
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The Success Trap: How Achieving Success Can Be A Limiting Factor
Johnny Cash said, “Success is having to worry about every damn thing in the world, except money.” Whether in life,…
Rethinking Your “Bucket List” In Retirement
As folks approach retirement, they often start mentioning their “bucket list” more frequently. The bucket list is generally an itemized…
Million Dollar 401ks And How You Can Incorporate Savings
Saving for retirement requires dedication and time. During those years of dedication, however, market movements will make significant jumps that…
What Seniors Need To Know About Reverse Mortgages—From Taxes To Catches
It feels like everything costs more these days—and some homeowners are looking for ways to increase cash flow without invading…
Many Layers Of Rules Lead To Medicare Confusion
I recently did a webinar on Medicare basics for over 600 consumers. During the Q&A session, I realized why Medicare…
Dinosaurs Are Extinct. Pensions Are Alive And Well.
Kids love dinosaurs. These larger-than-life, amazing creatures that existed some 66 million years ago continue to fascinate both children and…
FDIC Changes Deposit Insurance For Trust Accounts
The Federal Deposit Insurance Corporation (FDIC) changed its deposit insurance coverage for some accounts effective April 1, 2024. The basic…
IRA Heirs Can Delay RMDs Another Year, But Should They?
The IRS recently announced that in 2024, for the fourth consecutive year, IRA beneficiaries don’t have to take the annual…
Approaching Age 65? Don’t Forget To Confirm Your Medicare Eligibility
My friend is going on a river cruise in October. She has already started her packing list because this trip…
How Much Money Do You Really Need To Retire Comfortably?
Most people are confused about how much money they need to retire comfortably, and financial services firms often add to…
Mental Health Awareness And Dilemmas With Aging Parents
It’s Mental Health Awareness Month. There is a nationwide effort to remove the long standing stigma of mental health issues.…
Don’t Roll Over RMDs To Other Retirement Accounts
Some retirees continue to make a key mistake with required minimum distributions, and that could cost them a lot of…
Treating The Epidemic Of Loneliness And Social Isolation Among Seniors
One of the many lessons we should have learned from the Covid-19 pandemic is the cost to older adults of…
Why Skipping Probate Could Save Time And Money
There are many reasons to avoid probate when planning for your estate. Avoiding probate avoids the hassle of having to…
How IRMAA Can Increase Your Medicare Premiums In Retirement
Many assume they will be free of health insurance premiums once they reach Medicare age. Others think that everyone pays…
The Expense That’s Covertly Boosting Your Personal Inflation Rate
A major expense of many retirees and pre-retirees has been increasing rapidly, but it isn’t included in the Consumer Price…
Gen X, Boomers, 9 Ways To Take Your Retirement For A Test Drive
The leading edge of Gen X and the youngest Baby Boomers are staring down a short road toward retirement. Some…
BlackRock And The Surging Popularity Of Retirement Annuities
A new challenge is emerging in the U.S. retirement landscape. While many people now understand the importance of saving for…