retirement

How Exactly Do You Stress-Test Your Financial Plan?
retirement planning

How Exactly Do You Stress-Test Your Financial Plan?

Some tasks are not good for DIYers, and stress-testing your portfolio is probably one of them. Because individuals don’t have access to the same tools…
September 18, 2021
What Is the Social Security COLA?
retirement

What Is the Social Security COLA?

This year especially, cost-of-living adjustments are late to the party, as consumers are feeling the effect of price spikes now.
September 16, 2021
Retirees Likely to Receive Significant Bump in Social Security Benefits in 2022
social security

Retirees Likely to Receive Significant Bump in Social Security Benefits in 2022

The cost-of-living adjustment for Social Security benefits for next year is expected to be the largest since 1982.
September 16, 2021
5 Key Points to Consider Before You Claim Social Security
social security

5 Key Points to Consider Before You Claim Social Security

The big decision every retiree has to make is when to start taking their Social Security benefits. Here are five things to think about as you weigh yo…
September 16, 2021
The Downside of Delaying RMDs
required minimum distributions (RMDs)

The Downside of Delaying RMDs

With the SECURE Act 2.0, Congress is contemplating raising the age for required minimum distributions. However, don't assume you would benefit from th…
September 16, 2021

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What's My Social Security Full Retirement Age?
social security

What's My Social Security Full Retirement Age?

The year you were born determines when you become eligible for your full Social Security retirement benefit. Use our calculator to determine your full…
September 14, 2021
5 of the Worst Assets to Inherit
inheritance

5 of the Worst Assets to Inherit

If you’re planning an inheritance, be careful about leaving these assets to a loved one. They may create more trouble than they’re worth.
September 14, 2021
The RMD Solution to the Hassle of Filing Estimated Taxes in Retirement
required minimum distributions (RMDs)

The RMD Solution to the Hassle of Filing Estimated Taxes in Retirement

If you don't need the money to live on, wait until December to take your RMD and ask the sponsor to withhold a big chunk for the IRS.
September 14, 2021
When Retirees Need to File an Amended Tax Return
tax returns

When Retirees Need to File an Amended Tax Return

Realizing that you made a mistake after filing your tax return can be panic-inducing for retirees (or anyone else). But don't stress. You may not need…
September 13, 2021
What a Beneficiary Controlled Trust Can Do to Protect Your Legacy After You Are Gone
estate planning

What a Beneficiary Controlled Trust Can Do to Protect Your Legacy After You Are Gone

Life is messy sometimes. Divorce, bankruptcies and lawsuits happen, and they can potentially wipe out the inheritance you’ve carefully set aside for y…
September 13, 2021
Is Your Retirement Plan Missing an Essential Piece?
long term care

Is Your Retirement Plan Missing an Essential Piece?

Long-term care is a major risk that many financial advisers just aren’t talking about with their clients. Here’s why and some creative options for you…
September 11, 2021
You Could Accidentally Disinherit Your Children Unless You Follow This Obscure Rule
estate planning

You Could Accidentally Disinherit Your Children Unless You Follow This Obscure Rule

True story: A father with three kids put them down as the beneficiaries of his nearly $250,000 401(k) account – but when he died, they got nothing. It…
September 10, 2021
3 Reasons to Wait Until 70 to Start Taking Your Social Security Benefits
social security

3 Reasons to Wait Until 70 to Start Taking Your Social Security Benefits

In a rush to file for Social Security benefits at age 62? Many people are, but slow down and do the math first – or you might regret it.
September 9, 2021
Moving to Another State in Retirement? What You Need to Know
happy retirement

Moving to Another State in Retirement? What You Need to Know

The idea of retiring, packing up and starting fresh in a sunny spot or at the foot of some cool mountains may sound intriguing, but have you really th…
September 9, 2021
Beware of the Tax Traps in Retirement
retirement planning

Beware of the Tax Traps in Retirement

The stage is set for higher tax bills and surcharges for retirees, if they’re not careful. From RMDs to taxes on Social Security and higher Medicare p…
September 9, 2021
How the Pandemic Is Reshaping Retirement
Making Your Money Last

How the Pandemic Is Reshaping Retirement

Inflation tops health care costs as the biggest concern, and many preretirees are boosting their saving rate.
September 8, 2021
15 Things Retirees Should Buy at Costco
Making Your Money Last

15 Things Retirees Should Buy at Costco

From its house brand Kirkland Signature lineup to name brands and hidden gems, the warehouse club offers bargains aimed at mature shoppers.
September 8, 2021
You Insure Your Car and Your Home – So How Can You Insure Your Financial Future?
Making Your Money Last

You Insure Your Car and Your Home – So How Can You Insure Your Financial Future?

Whether you’re concerned about market risk, outliving your retirement savings, protecting your qualified plan, your final years or your loved ones – h…
September 8, 2021
10 Terrific Retirement Funds That Tackle Every Need
mutual funds

10 Terrific Retirement Funds That Tackle Every Need

Retirees and those nearing the end of their careers must consider growth, income and safety for their investments. Here are 10 mutual funds and ETFs t…
September 3, 2021
Can Insurers Be a Pension Safety Net?
retirement planning

Can Insurers Be a Pension Safety Net?

In exchange for buying a group annuity, employers are transferring their pension-paying obligations to life insurance companies, who pay the pension. …
September 1, 2021
It’s Never Too Late for a Family Meeting – Here’s How to Do Them Well
estate planning

It’s Never Too Late for a Family Meeting – Here’s How to Do Them Well

When there is a large inheritance at stake (or even when there isn’t), it’s a great idea to get everyone on the same page. A family meeting can make t…
September 1, 2021
Medicare Part A Funds to Run Out in 2026
Medicare

Medicare Part A Funds to Run Out in 2026

The trust fund for Medicare Part A did not significantly change from last year, though its financial position still remains precarious.
August 31, 2021
Social Security Reserves to Be Depleted Earlier than Previously Expected
social security

Social Security Reserves to Be Depleted Earlier than Previously Expected

The annual trustees report, which was released on Tuesday, found that Social Security benefits could be paid in full until 2034.
August 31, 2021
33 States with No Estate Taxes or Inheritance Taxes
retirement

33 States with No Estate Taxes or Inheritance Taxes

Even with the federal exemption from death taxes raised, retirees should pay more attention to estate taxes and inheritance taxes levied by states.
August 31, 2021
The 10 Least Tax-Friendly States for Military Retirees
retirement

The 10 Least Tax-Friendly States for Military Retirees

Unfortunately, some states aren't very generous when it comes to helping retired veterans at tax time.
August 31, 2021