retirement

Are You Prepared for Health Care Costs While in Retirement?
retirement planning

Are You Prepared for Health Care Costs While in Retirement?

Yes, health care can be expensive in retirement, but there are some things you can do now to get your ducks in a row.
February 15, 2021
How Annuities Are Taxed
annuities

How Annuities Are Taxed

Annuities offer powerful tax advantages, and a few (avoidable) pitfalls. How to cut your taxes and avoid surprises.
February 12, 2021
Does Your 401(k) Come with a Self-Directed Brokerage Account Option?
401(k)s

Does Your 401(k) Come with a Self-Directed Brokerage Account Option?

How to utilize and capitalize on self-directed brokerage accounts within your 401(k) plan. More options may offer more possibilities.
February 11, 2021
What to Do When One Spouse Spends Too Much in Retirement
spending

What to Do When One Spouse Spends Too Much in Retirement

If one partner takes a less conservative approach to money, it can wreak havoc on a marriage. But the problem can be addressed by agreeing on bigger f…
February 10, 2021
How 10 Types of Retirement Income Get Taxed
retirement

How 10 Types of Retirement Income Get Taxed

When you're planning for retirement, it's fun to contemplate all the travel and rounds of golf ahead of you, but don’t forget about taxes.
February 9, 2021
Is the Traditional 60/40 Portfolio Truly Dead? Or Just Hibernating?
Making Your Money Last

Is the Traditional 60/40 Portfolio Truly Dead? Or Just Hibernating?

Why looking to alternatives to bonds makes sense right now.
February 9, 2021
Tax Changes and Key Amounts for the 2020 Tax Year
tax law

Tax Changes and Key Amounts for the 2020 Tax Year

There were a lot of tax changes for the 2020 tax year. Get familiar with them now – before you file your 2020 tax return.
February 8, 2021
Estate Planning Checklist: 5 Tasks to Do Now, While You’re Still Well
estate planning

Estate Planning Checklist: 5 Tasks to Do Now, While You’re Still Well

Being prepared is going to feel great, you’ll see. As you work your way down the list, make sure you communicate your decisions with your loved ones.
February 8, 2021
Worried about Passing Down a Big IRA? Consider a CRT
estate planning

Worried about Passing Down a Big IRA? Consider a CRT

Charitable remainder trusts give you more options and more control on how your heirs inherit now that the “stretch” IRA is a thing of the past.
February 8, 2021
401(k) Contribution Limits for 2021
Financial Planning

401(k) Contribution Limits for 2021

The 401(k) contribution limit stayed the same for 2021. But workers 50 and older can save an extra amount for retirement.
February 5, 2021
5 Things You Need to Decide Before You Can Retire
retirement

5 Things You Need to Decide Before You Can Retire

You’ve got to think these things through and make sure all your bases are covered before you can finally call it quits and retire.
February 5, 2021
11 Money Moves to Make in the Decade Before You Retire
retirement planning

11 Money Moves to Make in the Decade Before You Retire

Pre-retirement steps include reviewing what you expect to pay in taxes and how you will cover health care costs once you stop working.
February 4, 2021
Annuities Just May Be the Broccoli of Retirement Planning
annuities

Annuities Just May Be the Broccoli of Retirement Planning

Deferred income annuities are good for your long-term retirement health, but most people still don’t seem to crave them. But if you want to quit worry…
February 4, 2021
How Cruise Ships Are Setting Sail During COVID
Travel

How Cruise Ships Are Setting Sail During COVID

Retirees wanting to take a cruise should plan for additional safety measures, such as temperature checks and wearing a mask in public areas.
February 3, 2021
Looking for Your Dream Retirement? Better Get an Up-to-Date Map
retirement planning

Looking for Your Dream Retirement? Better Get an Up-to-Date Map

The route you were planning may not work in today’s retirement reality. Here’s how to prepare for some detours.
February 3, 2021
When Mental Health and Aging Collide
Caregiving

When Mental Health and Aging Collide

For retirees struggling with depression, a psychologist who specializes in older adults might be the right path toward recovery.
February 1, 2021
Firefighters Face Unique Challenges with Deferred Comp
retirement planning

Firefighters Face Unique Challenges with Deferred Comp

Saving in your deferred compensation plan sounds like a great idea … until you get to the tax bill when it’s time to make your withdrawals. Considerin…
February 1, 2021
Traditional IRA Basics: 10 Things You Must Know
Basics

Traditional IRA Basics: 10 Things You Must Know

A traditional IRA can be a powerful retirement-savings tool but you need to understand contribution limits, RMDs, rules for beneficiaries under the SE…
January 29, 2021
The 25 Best Low-Fee Mutual Funds You Can Buy
mutual funds

The 25 Best Low-Fee Mutual Funds You Can Buy

The key to building wealth long-term is buying high-quality, low-cost mutual funds run by seasoned stock pickers. Here are our favorites: The Kiplinge…
January 29, 2021
Avoid These 4 Common but COSTLY Retirement Income Mistakes
retirement planning

Avoid These 4 Common but COSTLY Retirement Income Mistakes

There are no pay stubs in retirement and no accounting departments to answer your questions. Once you retire, you need to be prepared to generate inco…
January 29, 2021
Shoring Up Social Security
Politics

Shoring Up Social Security

Social Security is headed for a shortfall. But sooner or later, lawmakers will act to preserve your benefits.
January 27, 2021
Retirees, Protect Yourself From Thieves Online
Scams

Retirees, Protect Yourself From Thieves Online

Scams targeting the elderly are frequent. Here are some expert ways to build your protection from scammers.
January 27, 2021
How to Address Retirees’ No. 1 Concern
retirement planning

How to Address Retirees’ No. 1 Concern

It’s a top worry for people nearing retirement: the fear of running out of money. By preparing for retirement with an income plan, you can feel confid…
January 27, 2021
Income Planning to Help You Win the Retirement Trifecta
retirement planning

Income Planning to Help You Win the Retirement Trifecta

With a retirement income plan that focuses on the allocation of income, and delivers lower fees and taxes, you can increase your income with less risk…
January 26, 2021
Taxes on Retirees — What’s New?
Budgeting

Taxes on Retirees — What’s New?

In this episode of Your Money's Worth, senior tax editor Rocky Mengle talks about the latest update of the Kiplinger Retiree Tax Map. Will states with…
January 26, 2021
12 States That Won't Tax Your Retirement Income
Tax Breaks

12 States That Won't Tax Your Retirement Income

Retirees can save a lot of money in these states that completely exempt the most common types of retirement income – 401(k)s, IRAs and pensions – from…
January 25, 2021