A 73-year-old who has saved $1.4 million in a traditional IRA is now subject to the IRS-required minimum distribution rules. Using the Uniform Lifetime Table divisor of 26.5, which applies at age 73, the first RMD…
Scottsdale offers many of the amenities retirees want: warm winters, championship golf, upscale dining, abundant outdoor recreation, and no Arizona tax on Social Security benefits. It also has one of the priciest housing markets…
A man in his late 60s inherits his late mother’s home. He has heard horror stories about retirees who sell a property, watch their Social Security benefits get taxed more heavily, and then get…
The Colorado Rockies remain one of America’s dream retirement destinations. Snow-capped peaks, mountain towns, hiking trails, and four distinct seasons attract retirees who want an active outdoor lifestyle without the crowds of major cities.…
Many retirees spent forty years sacrificing for their children. Then retirement arrives and they’re told, “You’ve earned it. Spend it.” The problem is that every vacation, new car, home renovation, or generous dinner can…
For many people, season tickets are not really about sports, music, or theater. They are about tradition. The same seats every year. The same friends in the next row. Fall Saturdays at the stadium.…
She still calls it our house even though she has lived there alone for a couple of years now. The place is almost certainly worth several times what they paid for it in the…
Retirement is often imagined as the season of life when you finally have time for the things you always wanted to do: fishing, gardening, quilting, photography. The reality is that hobbies require more than free…
Ask a bartender about their 401(k) and you’ll usually get a laugh. Most bars, especially independents, don’t offer one. That’s the trap: bartenders assume “no employer plan” means “no retirement account,” and they leave…
On a recent Ramsey Show segment, a caller named Todd admitted he had run up credit card debt buying Pokemon cards he planned to flip for profit. Dave Ramsey did not soften the diagnosis.…
The corporate VP three years from retirement has been maxing the 401(k) for two decades. The elective deferral cap at $24,500 in 2026, plus an $8,000 catch-up after age 50, only soaks up a…
On a recent episode of The Ramsey Show, a caller named Jack laid out a story that stopped Dave Ramsey cold. After his father died, Jack’s widowed mother spent $1.1 million on cruise ship…
If you’re a firefighter, one federal rule quietly shrank your Social Security check for decades. In January 2025, Congress repealed it. The catch: what happens next depends on how your department participates (or doesn’t)…
A 62-year-old divorcee called into The Ramsey Show with a portfolio most Americans will never see. She has zero debt, a paid-off car, no rent because she lives with a partner, and roughly $1.5…
Electricians who work under an IBEW collective bargaining agreement earn one of the last real pensions left in the American workforce, usually a defined-benefit plan through the National Electrical Benefit Fund (NEBF) plus a…
