If you are in your early 60s and staring at the Social Security claim button on SSA.gov, the most expensive mistake you can make is treating that decision like a stock trade. I’ve been…
A caller on the Ramsey Everyday Millionaires podcast asked whether he should buy a 38-foot trawler that cost more than what he earns in a year. The verdict was a green light. The host’s…
Adam Grossman, the Boston-based financial advisor who founded Mayport, sat down with Christine Benz on Morningstar’s The Long View and challenged the way most Americans pay for investment advice. His argument: the standard 1%…
Rashaad Bilal of Earn Your Leisure described a moment most workers never quite have out loud. “My wife, I saw her 401(k) killing mine. I’m looking like, what am I doing? My allocation was…
A 65-year-old retiree bringing in roughly $30,000 a year from Social Security still needs another $35,000 annually to reach a comfortable middle-class retirement income. The challenge is generating that extra cash flow without taking…
An engineering graduate called into The Ramsey Show with a question millions of professionals face: “I have about $140,000 from my engineering degree that I got. I’m in student loan debt. I built up…
Financial planning data shows that an early retiree with this exact asset mix sits in a strong position to optimize lifetime wealth. A retired engineer just turned 62 with $1.4 million in a traditional…
A 53-year-old listener wrote into The Retirement and IRA Show with a plan that sounds disciplined on paper: $1 million in a traditional 401(k) today, projected to grow to $3 million by age 63…
At 60, Catherine thought the retirement math worked. Between her husband’s pension, their savings, and the Social Security benefits they expected to collect together, the plan looked stable. Then her husband died unexpectedly, one…
On the June 13, 2024 episode of Women & Money, a listener named Peggy asked what plenty of pre-retirees feel but never say out loud. “I’ve been watching and listening for over 10 years.…
Picture a 73-year-old widow who retired at 66, lives on Social Security plus modest portfolio withdrawals, and has watched her traditional IRA grow to $1.9 million. She did not touch the IRA for years…
Four thousand dollars a month in passive income can support a modest but stable retirement alongside Social Security, covering housing, groceries, utilities, insurance, transportation, and a couple of trips to see the grandkids each…
A 67-year-old retiree opens her brokerage statement after three turbulent weeks and sees the balance has fallen from $1.2 million to roughly $1.013 million. The portfolio is 100% S&P 500 index funds. The paper…
A New York father sold his house to his daughter for one dollar, put her name on the deed, and assumed the estate planning was handled. Suze Orman, on her Women & Money podcast,…
On the Catching Up to FI podcast, host Bill Yount delivered a line that should reframe how late-start savers think about family budgets: “you can’t get a loan for retirement.” His follow-up is the…
