Allen Mueller, a recent guest on the Catching Up to FI podcast episode on intergenerational wealth, put it bluntly when host Bill Yount asked how to move serious money to adult children without triggering…
A retiree scrolling through the news sees a familiar headline: Medicare runs out in 2033. The 2026 Medicare Trustees Report, released earlier this month, did move the projected depletion date for Medicare’s Hospital Insurance…
A 67-year-old with a $650,000 portfolio and a Social Security check looks at New Orleans and sees a city that seems surprisingly affordable compared with many coastal retirement destinations. Home prices remain below those…
The Social Security Trustees’ latest update came out in June, and the news wasn’t fantastic. The Trustees confirmed that Social Security’s Old-Age and Survivors Insurance Trust Fund is expected to run out of money…
About one in three Americans who change jobs cash out their 401(k) instead of rolling it over. They take the check, pay taxes and penalties, and walk away with far less than they started…
Stephen Parker, co-head of global investment strategy at JPMorgan Private Bank, told CNBC that “the rally that we’ve seen this year has been entirely earnings driven. Even the most bullish expectations have been consistently…
The slot machine flashed, the bells rang, and a couple in their late sixties walked out of the casino with a roughly $250,000 jackpot. They paid the federal withholding, set aside more for state…
A 65-year-old retiree is offered two income portfolios built from the same amount of capital. One generates $100,000 a year immediately. The other starts at just $55,000, but its dividend income has the potential…
A lot of people make the decision that once they retire, they’re done working for good. And that’s understandable. But there are plenty of good reasons to work in retirement. For one thing, the…
A 61-year-old technology vice president retiring this summer has roughly $1.4 million in her 401(k). About $500,000 of that balance sits in employer stock she accumulated through years of stock purchase contributions and the…
When Donald Trump was running for office, he pledged that he would not cut any money from Social Security. In fact, Trump’s campaign centered on a big plan for Social Security — to eliminate…
For more than 30 years, this Jewish-American couple has traveled to Israel to visit family, celebrate milestones, and maintain ties that span generations. What began as occasional visits gradually became a second home. Now approaching…
The headline number that gets thrown around in personal finance, that most Americans cannot cover a $1,000 emergency, sounds like clickbait until you look at what the surveys actually show. The reality may be…
Uncle Ralph owns a few rental properties, drives an old truck, and is rumored to be worth a fortune. At family gatherings, people joke about being remembered in the will. The problem is he…
Picture a married couple, both around 65, just starting Social Security. They bought Bitcoin years ago and now sit on roughly $120,000 worth. The question is when and how to sell without blowing up…
