Good News About RMDs in 2023 | Morningstar
Not so long ago, the age for required minimum distributions was 70.5. It moved out to 72, and now 73 is the starting age for RMDs. That age is set…
Congress Adds New Option To Move Assets From IRA Tax-Free | Seeking Alpha
New option called Legacy IRA QCD allows for up to $50,000 in charitable donations in one tax year. This option has its own unique rules and must be coordinated with…
10 Ways To Improve Your Retirement Routine According To A Retirement Coach | TravelAwaits
The idea of kicking back with “nothin’ to do” in retirement sounds fabulous in young adulthood or middle age when life can feel overloaded, so it comes as something of…
6 Retirement Planning Mistakes To Avoid
With the many financial obligations that we have, many of us put off planning for retirement, thinking that it is very far away in the future. Yet, retirement planning is…
‘Rent-a-person who does nothing’ in Tokyo receives endless requests, gratitude – The Mainichi
Beats a second career of working as a Walmart greeter, right? -Jeff TOKYO — A 37-year-old Tokyo man who says he rents himself out to other people “to do nothing”…
In Graying Italy, the Old Defy Biases Laid Bare by Pandemic | Voice of America – English
ROME – From his newsstand at the bottom of two hilly streets in Rome, Armando Alviti has been dispensing newspapers, magazines and good cheer to locals from before dawn till…
Personal Finance: Should I Leave My Kids an Inheritance? – Bloomberg
Bold retirees sport the bumper sticker “I am spending my children’s inheritance.” The sentiment might seem selfish, but it’s good financial planning. Trying to leave a bequest could put older people…
1 Big Reason You May Regret Claiming Social Security at 62 | Personal Finance | mooresvilletribune.com
As you’re preparing for retirement, one important decision you’ll need to make is what age you’ll begin claiming Social Security benefits. The earliest you can file for benefits is age…
A Life Full of Experiences May Not Mean Less Financial Security – Behavior Gap
A couple of weeks ago, I wrote a column about the growing tribe of people who value experiences over security in their lives. But there is something that I didn’t say then…
4 tips to navigate a 30-year retirement | Fox Business
Americans are living longer, which is a great thing, especially if you have the money to afford a nice, long retirement. A new study released by Wells Fargo and the Stanford University…
The ‘2020 Effect’ Is Stretching Retirement Income | Lake Expo Advertorials | lakeexpo.com
According to a recently released study conducted by the Schwartz Center for Economic Policy Analysis, 2.9 million older workers ages 55-70 have left the labor force since March, putting these…
6 Unexpected Sources of Retirement Income | Business | kenoshanews.com
Retirement should be your time to relax and enjoy life, without alarm clocks and meetings. Unfortunately, saying goodbye to your boss also involves saying goodbye to your paycheck. If you…
How to leave the U.S. and retire abroad
These days, the idea of packing your bags and retiring to an exotic location might sound tempting. While coronavirus restrictions have put a damper on travel, people are certainly planning,…
4 Habits You Can Learn From Super Savers to Supersize Your Retirement Investments | Personal-finance | fredericksburg.com
Most U.S. workers don’t contribute 90% or more of the maximum annual 401(k) contribution limit, nor do most invest at least 15% of their income in retirement accounts. However, a…
To Escape Covid-19, Grandma’s Living in the Backyard – Articles – Advisor Perspectives
The pandemic has forced many families to make a difficult choice: Should elderly parents stay in retirement communities or nursing homes, or should they be brought to live at home?…
This 103-year-old woman just crossed an item off her bucket list: A tattoo – The Washington Post
It was early August when Dorothy Pollack — who is 103 years old — decided there was an item she needed to check off her bucket list. She wanted to…
7 Surprisingly Valuable Assets for a Happy Retirement | Kiplinger
Retirement planning is all about numbers. It centers around one question: Do my financial assets — pension, 401(k)s/IRAs, Social Security, property, sale of a business, etc. — provide enough income…
I have a seven-figure nest egg — am I saving too much for retirement? – MarketWatch
I recently had a conversation with a colleague about retirement and was told I’m saving too much! My wife and I are both 57 and have been aggressive savers ever…
The 3 Secrets Of The Happiest Retirees (And How You Can Plan For Them)
No matter where they live, what they did with their lives, or how much money they have, there are three things I have observed over my career that happy retirees…
Is 55 Too Early To Retire? What You Need To Retire Early
Having the option to take an early retirement is a really nice thing to have. But is 55 too early to retire? If you want to retire early, you’ll need…