Some of the old rules for buying versus renting when you’re relocating are either outdated or don’t apply to everyone. Here are some new rules.
President Biden’s COVID stimulus package American Rescue Plan turns the ACA premium subsidy cliff to a slope in 2021 & 2022. The cliff will return in 2023.
Next time you hear “people used to have a pension,” think “people used to save 15-20% of their pay.” Nothing stops you from doing so today, unless you don’t want to.
Having X years of spending in cash and bonds and withdrawing only from cash and bonds in a bear market isn’t any better, and it can be worse.
A 401(a) plan allows additional contributions on top of 401(k), 403(b), and 457 plans.
Fidelity’s retirement analysis tool is useful for educational purposes but it leaves too many things to trial-and-error. It also doesn’t optimize for taxes.
How do you decide which payment option is the best for your pension? A lump sum, lifetime monthly payments, or a joint & survivor pension?
While saving early is a great, prioritizing experiences over income and saving for retirement in early life can be a better strategy.
Wealth Conversion Efficiency ratio measures how efficient you are in converting your inflation-adjusted earnings to wealth. Use the spreadsheet to find out how well you did.
What are the non-financial aspects when one spouse no longer earns an income?
Why does Vanguard put people into 90% in stocks in the first 15 years in its target date funds? Is there a big difference between investing 90% in stocks and investing 100% in stocks?
This is the third and final installment on my Asset Rich Income Poor strategy. The road to asset rich sounds simple at a high level but it’s not that easy at the details level, because every decision you make has tradeoffs. The tradeoffs affect the final outcome in ways you can’t know for sure. I […]