Category: Retirement Finance
Learn retirement financial strategies for success
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What Retirees Need to Know About This ‘Broken Money’ Warning
A First-Person Reflection on Lyn Alden’s book Broken Money. Every now and then, a financial book lands in my lap that makes me sit up a little straighter in my recliner and mumble something classy like, “Well, that explains a lot.” Lyn Alden’s Broken Money is one of those rare books. It pulls the curtain Read more
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Survive Any Financial Crisis: The Hidden Power of Community and Family
When most people think of surviving a financial crisis in retirement, they picture spreadsheets, calculators, and mild chest tightness. What they don’t picture is the real, practical power of other people. Yet again and again, the retirees who get through the hardest financial storms aren’t the ones with the biggest portfolios… but the ones with Read more
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When Money is the Obsession in Retirement
When I first retired, I thought money would be the star of the show. After all, it’s what we all spend decades chasing, saving, and worrying about. It’s easy to think that retirement is just a long financial balancing act between making your nest egg last and keeping inflation from eating it alive. But somewhere Read more
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What Scott Galloway Can Teach Us About True Financial Security in Retirement
Every so often, a book comes along that doesn’t just give financial advice, it redefines the way we think about money, time, and security. Scott Galloway’s The Algebra of Wealth: A Simple Formula for Financial Security is one of those books. It’s not a typical “get-rich-quick” manual, and it doesn’t try to sell you the Read more
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Living Simply in Retirement: How to Crush it
Somewhere between paying off the last mortgage bill and the first day I didn’t have to set an alarm clock, I realized that retirement wasn’t just a financial transition, it was a lifestyle one. I used to think living simply meant giving things up. Turns out, it’s not about having less, it’s about making room Read more
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The Best Second Careers in Retirement: Finding Purpose
Upon retiring, I had this romantic vision of sipping coffee on the porch every morning, watching the sunrise, and not having a single care in the world. For about three weeks, that was absolutely bliss. Then reality hit. The days felt longer than ever, my sense of purpose started slipping, and I realized that I Read more
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RMDs Made Simple: How to Take Withdrawals Without Tax Surprises
When I first retired, I remember staring at my IRA statement one morning with my coffee in hand, thinking, “So now that I’ve saved all this, do I finally just get to relax and let it grow?” A few weeks later, my financial advisor smiled politely and said, “Not exactly, William. The IRS will want Read more
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How to Build Retirement Income Buckets That Survive Market Crashes
When I first heard about the “bucket approach” to retirement income planning, I pictured myself sitting at the beach, a cold drink in one hand and a bright plastic bucket in the other. It sounded like something kids used to build sandcastles, not something to help me survive 30 years of retirement without going broke. Read more
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DIY Investing in Retirement: The Pros, Cons, and Real Truths You Need to Know
I’ve always believed that retirement should be about freedom—the freedom to sleep past sunrise, wear socks that don’t match, and, for many of us, finally take charge of our money without someone in a suit telling us what to do. That’s where DIY investing comes in. On paper, it sounds empowering. “Do it yourself,” the Read more
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529 Plan to Roth IRA: What Parents Need to Know in 2025
I learned something recently that really made me want to tell everybody I know, the fact that the government now allows people with a 529 plan for their child to transfer the money into a Roth IRA account for their beneficiary! Of course, there are some caveats… If you haven’t come across it before, a Read more