The Social Security Administration provides important benefits to retirees and the disabled, many of whom depend on the income they receive. Unfortunately, sometimes the Administration overpays people who are receiving Social Security benefits or…
A 67-year-old retiree with $1.8 million appears, at first glance, to have retirement solved. Following the classic 4% rule, her portfolio generates $72,000 a year, and another $36,000 from Social Security pushes annual income…
On the May 4 episode of How to Money, co-host Joel Larsgaard described setting up a Roth IRA for his daughter at Fidelity. He received a call from the brokerage flagging that most of…
The kitchen-table math after the WEP repeal A 67-year-old retired Houston police officer has a city pension of $58,000 a year and 14 years of private-sector work from before he ever put on a…
When it comes to retirement savings, most Americans are not where they need to be. Many carry dangerously small balances that put them at genuine risk of running short of money in their later…
A woman turns 67 and realizes something uncomfortable. She started Social Security five years ago at age 62, locking in $1,800 a month, and the consulting work she expected to wind down is still…
A 54-year-old caller from Canada phoned into Ramsey Everyday Millionaires with a problem most people would consider terminal: no retirement savings, no house, and a net monthly income of $5,600. The host’s response was…
On a recent episode of the Retire SMART Podcast, the host opens with a claim that contradicts what most 401(k) participants have been told their entire working lives: “only 4% of the people I’ve…
A new survey on retirement knowledge in America landed on a notable finding. When asked the likelihood that a 65-year-old will eventually need some type of long-term care, only 23% of U.S. adults answered…
A 62-year-old executive retires from Apple (NASDAQ:AAPL | AAPL Price Prediction) with $500,000 of company stock sitting inside her 401(k), and an original cost basis of $80,000. Her advisor wants to roll the entire…
Cody Berman went on The Personal Finance Podcast and described hitting financial independence right before his 26th birthday. He held about $500,000 in a Total Stock Market Index Fund, plus 11 rental units purchased…
Most retirement calculators chase a single goal: making your money last as long as possible. Jim Saulnier, host of The Retirement and IRA Show, thinks that is the wrong question. On a recent episode,…
On episode 168 of the Rich Habits Podcast, co-host Robert Croak made a pitch that sounds almost too easy to be a strategy. He noted, “The easiest stream of income you can build because…
Melissa, a 60-year-old listener of the Afford Anything podcast, called in with a clean question: she has $800,000 saved and owns two rental properties, and she wants to know whether selling one to pay…
The 2025 P-Fin Index shows that Gen Z is entering the most complex economy in decades with the weakest set of tools. Averaging just 38% on the survey, this generation scored significantly lower than…
