Tag: Retirement Planning

I’m 64, single, considering retirement after fighting cancer — I have $1.6 million. Should I retire?

Thank you for helping people with their retirement. Here is my situation and look forward to your comments. I am 64 years old, single, and...

Opinion: Would you want your parents to live in a nursing home owned by private equity?

Would you put your mother in a nursing home that is owned by a private-equity firm? It’s a question a growing number of us are...

I’m 28, have zero debt, a 401(k), Roth IRA and $45K in the bank. My parents want me to save for a home. I want a Tesla Model 3. Who’s right?

Dear Quentin, I’ve been flip-flopping back and forth between buying a new car or putting a down payment on my first home. With my parents...

‘I am held hostage in my own home’: My husband’s son lives with us. He is physically abusive and menacing

I am married, but my home is in my name only. When I bought it in 2010, I was the only one eligible to apply...

Turned 60 last year? Social Security has an unpleasant surprise for you

Future Social Security benefits could drop for people who turned 60 in 2020, analysts said, but the extent of the decline is still unknown.  There...

How to plan a meaningful post-pandemic re-entry

At long last, as the vaccines gradually roll out, maybe the end of the pandemic is in sight and soon the new (revised) normal will...

I’m 60 and want to retire on between $800 and $1,200 a month, ideally near the ocean in Mexico — where should I go?

I live in Loveland, Colo., just turned 60 and would love to be retired within the next year. I’m looking for a more affordable place...

Opinion: Taxes in retirement: What happens after your husband or wife dies

One of the most common retirement tax planning errors I see is specific to married couples: not accounting for the tax changes that will occur...

We want to buy a home on 10 wide-open acres and live on $50,000 a year — where should we retire?

I’m looking for advice on where to live in retirement. I’m a disabled veteran, my spouse is retired/disability military, and we have a combined monthly...

‘I have been plagued by enormous guilt and regret:’ I tried to care for my late father, but I gave up. How can I ever forgive myself?

I am seeking advice on how to get over a terrible mistake I made. I did not care for my aged father. I am the...

The IRS says teachers can deduct hand sanitizer costs and how Dolly Parton’s Super Bowl ad glosses over the reality for millions of gig workers

Happy Friday MarketWatchers. Don’t miss these top stories: Jon Bon Jovi finally puts a price on his NJ mansion: it’s available for $20 million The...

Can my ex-husband file a joint tax return without my consent? He tried to take both my stimulus checks, but I got the better of him

Dear Moneyist, I’m 62 years of age, I have stopped working and I am currently receiving Social Security. My husband is intending to file a...

Don’t worry, the GameStop-Reddit fiasco won’t tank your 401(k)

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy...

I can afford a $300,000 home in a ski town ‘but not if it comes with $6,000 a year in HOA dues’ — so where can I retire?

We will be retiring, hopefully in 2021, with about $30,000 to $40,000 in annual income from a pension. I would love to live in Summit...

Opinion: How to make sure your spouse gets your retirement savings when you die

If you designate beneficiaries for your retirement accounts, that’s usually a surefire way to pass those assets directly to your desired heirs without going through...

I want to move to the South, I want the beach — and a liberal mindset. Where should I retire?

I’m 74, and my wife and I are looking to retire to a place full-time where it is warm all year long (over 60 degrees...

What it’s really like to retire on a Caribbean island — on $3,000 a month

Nestled in her 1960s hillside home perched high above the glittering sea, Julie Lea awakens each morning to the sound of rustling palms, chirping birds...

My partner, 70, refuses to put his bank accounts into both our names. Do I have the right to be offended?

Dear Moneyist, I am 62 and my partner is 70. We have been together for 16 years, living together for 12 of those. We have...

Opinion: So much of retirement planning is wishful thinking — what I’ve learned after 3 years of actually being retired

It ended up being one of the most read things I’ve ever written, viewed by several hundred thousand people. After seeing the impact that had,...

I’m 55, tired of ‘soul-crushing jobs,’ have $1 million invested poorly — can I retire now?

I’ve been working since my senior year in high school and have finally hit the $1 million mark at the age of 55. I probably...

Yes, it’s possible to save too much for retirement

I never really liked the vehicles that I owned. They were an unimpressive lot, including a Volkswagen Beetle, Mercury Capri, Toyota SR5 pickup, Toyota Camry...

7 financial resolutions that can boost your wealth for a lifetime

Every year at this time, the financial media is filled with lists of how to be a better investor. This got me to thinking: If...

How to talk to your kids about the storming of the Capitol, and Dr. Fauci on COVID-19 infections: ‘Things will get worse as we get into January’

TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance I pay my gardener $100 a month. Should I pay him less if he misses a...

4 money lessons from 2020 to help you plan for a solid retirement in 2021

In 2020, we saw a pandemic cause world-wide city shutdowns, market volatility, deaths, derail plans for travel, celebrations, family visits and even retirement.  Many Americans...

I’d like to buy a home in a warm spot near the beach for $350,000 — where should I retire?

I am 68 with $1.2 million in savings. I’d like to retire somewhere warm, no snow and near the beach. In January I’d like to...