Jonathan Clements’ Humble Dollar website recently released a neat little calculator that they’re calling the Two-Minute Financial Checkup. It asks a few easy questions, and then provides you with a list of planning points you should be considering. Of course, requiring only minimal input from the user is …
Most of us have had our worlds dramatically restricted over the last couple of weeks. Meanwhile we’re inundated with news all day long — most of it bad. As much as physical health must be a priority right now, so too with mental health. Go for a Walk: You’re …
In the last two weeks I’ve received an assortment of questions about how, exactly, Social Security inflation adjustments work. In brief, there are two types of inflation-indexing that occur with Social Security: indexing of your earnings history and indexing of retirement/disability benefits (and other benefits based on …
Reverse mortgages have a terrible reputation — possibly even worse than annuities. Despite their very real drawbacks, a reverse mortgage is often the best way for a retiree to tap into their home equity in order to fund spending without having to move out of the home. This week, Dirk …
Quick housekeeping note: My wife and I are in the middle of a move from Colorado to St. Louis. As a result of that and a minor medical issue (nothing to worry about, but it’s taking up a fair bit of time), there will be no articles until Monday 11/7, …