Category: Retirement Finance
Learn retirement financial strategies for success
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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
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The Emotional Side of Money: Coping with Financial Stress
When I was working, money stress usually came in the form of “Do I have enough to cover the mortgage, the kids’ college, and maybe a decent vacation without selling a kidney?” Retirement, however, brings a new flavor of financial stress. Suddenly, the paycheck stops, and the pot of money you worked so hard to Read more
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Seven Smart Steps to Take Now to Prepare for the Next Market Downturn
Every time the headlines start yelling about “the worst day since…” I picture two versions of retired me. One version panics, refreshes the portfolio app, and wonders if I should sell everything and hide under the bed with a jar of peanut butter. The other version sips coffee, nods, and goes for a walk because Read more
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Find a Roommate in Retirement: A Complete Senior Home-Sharing Guide
I have a confession to make. For years I walked past a quiet spare bedroom and treated it like a museum. The door stayed mostly closed, the bed looked perfect, and the room produced exactly zero dollars. At the same time, I watched utilities creep up, groceries cost more, and the house feel a little Read more
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What Retirees Are Worried About in 2025 (And How to Plan Smarter)
Every new year brings its own set of worries, hopes, and unexpected surprises, but 2025 feels like one of those years where everything is shifting all at once. The economy is sending mixed signals, technology is changing faster than ever, and the average retiree, or soon-to-be retiree, has more questions than answers about what the Read more
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Freelancing after 60: Cashing in the right way
When I left the 9-to-5 world, I thought I was finished with deadlines forever. I imagined mornings with coffee on the porch, leisurely walks, maybe an afternoon nap or two. And yes, I’ve had those moments. But let’s be honest, sometimes they get a little… well, boring. There are only so many times you can Read more
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Inflation-Proof Your Retirement: Strategies for a Long Life
Remember when a cup of coffee cost fifty cents and a movie ticket was under two bucks? Yeah… me neither, at least not recently. Inflation has a sneaky way of creeping up over the years, so slow at first you barely notice, then suddenly your grocery bill looks like the national debt. This is how Read more
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How Retirees Go Broke and How to Avoid It
When I was younger, I used to think that going broke in retirement was something that happened only if you’d never saved a dime. You know, the stereotypical person who lived it up in their twenties, spent their thirties borrowing money, and then wondered at sixty-five why the Social Security check wasn’t enough to cover Read more
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7 Smart Ways to Create Passive Income After 60
I’ve got a confession to make, I used to think “passive income” meant I’d be sprawled in a hammock, sipping something with an umbrella in it, while my bank account magically grew on its own. Turns out, passive income usually isn’t quite that passive, at least not in the beginning. Yes, that is the goal Read more
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How to Protect Your Retirement Savings from a Market Crash
If you’ve ever been on a roller coaster, you know that slow climb to the top is kind of fun, until the bottom drops out. That’s exactly how the stock market feels sometimes. You’re cruising along, enjoying steady gains, maybe even feeling a little smug about how your investments are doing. And then wham, the Read more