On Being Retired, On Money, On Everything Else
This is Part 2 of Required Minimum Distribution Follies. See Part 1 here.
Oh, the Safe Withdrawal Rate dilemma. There’s been a lot of words written about this. Here are some more.
What is the point of the Safe Withdrawal Rate (SWR)?
The whole idea is to figure out how much a retiree can take out of their accounts annually without later Continue reading “Are You Ready? Required Minimum Distribution Follies (Part 2) and The Safe Withdrawal Rate”
This is Part 1 of Minimum Distribution Follies. Part 2 is here.
When you get close to the Required Minimum Distribution age, you need to be ready to know how to calculate what your RMD number is.
The following is my take on all of this. You always should get professional advice. But here goes…
Are you ready for this?
First, you need to know at your birth month. We can assume everyone knows their birth month. The IRS uses Continue reading “Are You Ready? Required Minimum Distribution Follies (Part 1)”
Based on my experience, I have a few words to say about how to apply for Social Security benefits. This reflects my experience and opinion, you may have other experiences and opinions.
What this article is not.
This post is not about Continue reading “How To Apply For Social Security Benefits”
Why would someone in their teens or twenties even bother to think about saving or investing for retirement? And who does bother to think about it anyway?
Well, people who think about saving for retirement are those who Continue reading “Why Young People Ignore The “Saving For Retirement” Message. And What To Do About It.”
A Retirement Budget is important because when you leave the steady income of a job you need to know how much money is coming in and how much is going out.
How do you make a retirement budget?
But is possible to prepare for retirement.
If you want to save enough for retirement, you will never succeed. Instead of saving, the most likely way to succeed is Continue reading “It is impossible to save enough money for retirement.”
When I told my last boss I was going to retire, I found myself feeling weird. What is retirement anyway?, I asked myself. To me, the idea of retirement was Continue reading “Did I Retire or Did I Just Stop Working?”