News
Wes Moss Says Why Pay 30% Today When You Can Pay 15% Next Year and Most Pre Retirees Convert Anyway
2+ hour, 26+ min ago (944+ words) Moss warns that converting a 401(k) to Roth at a 30% working-year rate costs twice as much as waiting to withdraw at a 15% retirement rate. Converting $200, 000 during high-earning years can cost over $50, 000 in federal taxes, while withdrawing the same amount gradually in…...
I'm Taking A Close Look At What a New $55, 000 CD Account Actually Earns Today
2+ hour, 13+ min ago (943+ words) Top online banks pay 3 to 5 times the national average 12-month CD rate of 1. 65% APY, worth hundreds of dollars monthly on $55, 000. Treasury bills yield around 4% with state and local tax exemptions, making them a legitimate competitor to CDs at this balance....
Multiple Ex-Wives Can Each Claim Social Security on the Same Man's Record, and It Doesn't Shrink Anyone's Check
2+ hour, 29+ min ago (562+ words) A divorced spouse married at least 10 years can claim up to 50% of her ex's Social Security without reducing his or his current wife's benefit. Every qualifying ex-wife from a 10-year marriage can simultaneously claim the same worker's record, and after…...
Retiring to Costa Rican Beaches with $950, 000 Is Within Reach
6+ hour, 9+ min ago (463+ words) Pacific coast towns like Tamarindo and Nosara run couples $4, 800 a month, and Social Security covers most of the $57, 600 annual spend. At a 3. 75% withdrawal rate, covering the $18, 000 annual portfolio gap requires only $480, 000, leaving $470, 000 as a bridge and emergency reserve. Costa Rica's…...
Zero State Income Tax and $900, 000: Here's How to Retire to Wyoming at 62
7+ hour, 31+ min ago (501+ words) A 3. 3% withdrawal on $900, 000 plus a reduced $21, 000 Social Security check yields roughly $46, 000 spendable in Wyoming after federal taxes. Wyoming's 2026 ACA marketplace has only two insurers, and a 62-year-old facing unsubsidized premiums can expect to pay between $1, 400 and $1, 800 monthly before Medicare kicks…...
A Financial Advisor Says You're Probably Wrong About How Much You Need to Retire
16+ hour, 34+ min ago (569+ words) Factoring in Social Security and part-time work can slash your required retirement portfolio from $1. 75 million to $625, 000 for the same lifestyle. Retirees with earned income gain a built-in inflation hedge, addressing the obstacle 57% of Americans cite as their biggest retirement concern....
Dave Ramsey Is Baffled by a Debt-Free Couple Making $100, 000 Who Can't Save a Dollar: 'I Just Can't Fill Up All the $1, 000 Holes"
17+ hour, 37+ min ago (395+ words) A debt-free San Antonio couple earning $100, 000 with no mortgage has saved nothing for four years, stumping Dave Ramsey live on air. Their $1, 400 monthly private school tuition, compounded at 8% over 9 years, represents roughly $190, 000 in retirement assets they are choosing to forgo....
$200, 000 at 65 Triggers $7, 547 in Annual Withdrawals. Here's What That Actually Covers
18+ hour, 36+ min ago (399+ words) A $200, 000 retirement balance at 73 triggers a required IRS withdrawal of about $7, 547 annually, taxed as ordinary income. That $7, 547 RMD covers roughly one month of the typical household's $78, 535 in annual spending, forcing heavy reliance on Social Security. The personal savings rate has…...
Dave Ramsey Says the 'Actual Inappropriate One' Is the Fianc" Who Wants Her to Stop Gifting Her Late Partner's Family
18+ hour, 44+ min ago (627+ words) Dave Ramsey called a fianc" "the actual inappropriate one" for demanding his partner stop gifting her late partner's nieces and nephews $1, 000 per child annually. The $4, 000 annual gifting is financially trivial, representing a small fraction of the $64, 000 a $1. 6 million portfolio could…...
U. S. Creates 1, 200 Millionaires Per Day
23+ hour, 39+ min ago (785+ words) The U. S. reached 23 million millionaires in 2025, adding 400, 000 new ones as the S&P 500 surged 20% and home prices set records. The S&P 500's 9% 2026 gain and rising monthly home prices put the U. S. on pace to surpass last year's millionaire record. The dot-com…...