RETIREMENTGUY

Key Takeaways Traditional tax-deferred accounts that you own in your own name are going to be subject to required minimum distributions. To reduce RMDs, you should first prioritize Roth contributions. Roth contributions can be preferable to traditional tax-deferred ones, but some people still don’t have a Roth option for their company retirement plan. Converting traditional IRA assets to Roth is the second strategy to reduce RMDs. After retirement and before the RMD years can

High-yield savings accounts give you a chance to reach your savings goal quickly. How? By offering you rates that outpace inflation with no account fees or minimums. However, you want to act fast to maximize gains. The Federal Reserve cuts interest rates at its September meeting. And the smart bet is they'll do it again when they meet next week. While rate cuts can lower how much you earn, rates are still high enough to help you outpace inflation. Here's a look at the best to

Three things are true about long-term care, though many Americans don’t want to believe it: You are very likely to need it in old age. It will cost a lot more than you think. And, no, Medicare won’t pay for it. Two recent studies help explain how Americans think about the financial aspects of their long-term care needs, and why they are so poorly prepared. But the results also may hold a key to future policy solutions to the challenges of funding personal care in old age....

Health care, possibly including long-term care, may be one of your largest expenses and potential key risks when planning for retirement....

The IRS has issued final regulations addressing SECURE 2.0 Act changes regarding retirement plan catch-up contributions, including...

The One Big Beautiful Bill (OBBB) brought a considerable number of changes across a full spectrum of American institutions. With so much...

For many investors, real estate is a cornerstone of building wealth. It provides potential appreciation, steady rental income, and...

As Labor Day approaches, U.S. workers don’t seem to be in a celebratory mood, with rumblings about a possible economic downturn raising...

What are the best countries to live in right now? Ask the people who’ve moved abroad: expats. Each year, InterNations , the world’s...

President Trump's tax package, the One Big Beautiful Bill Act (OBBBA), passed the House in May and the Senate this past week. On July...

You're 62. You love your job. You're respected, productive and contributing meaningfully. You were planning to work for five more years....

With 6 million adults living with autism in the US and up to 100,000 individuals aging out of children's services annually, financial...

One of the questions retirees often have is how much they can afford to spend each year over the course of their retirement without...

When 83-year-old Harrison Ford was asked recently if he plans to retire, he didn’t miss a beat: “No. That’s one of the things I thought...

You've spent decades building your retirement fund. Now is the time to enjoy it, not lie awake worrying about scammers and identity...

Everyone wants to stay fully independent as we age. A few people over age 80 do and they don’t suffer from memory loss either. They are...

Are you ready to retire? Have you even started a retirement planning checklist? By 2030, one out of five Americans will be retirement...

- Global aging drives a retirement crisis as cognitive decline impairs financial decision-making, risking wealth erosion in 23.7% of...