RETIREMENTGUY

It's no secret that I'm not a big fan of whole life insurance. I owned a policy for seven years before canceling it (for a minus-33%...

Let us first talk about Social Security tax, which is unique. And keep in mind that before 1983, Social Security benefits were not taxed....

Death isn’t a pleasant thought, but the reality is that everyone dies, and death taxes can be challenging for family and friends. After...

Saving for retirement often comes with an upfront tax break when funneling money into pretax accounts. But it’s also critical to manage...

It is important to be productive and earn money in our society; any successful person knows that and, in addition, should understand...

When it comes to finding the cheapest places to live in the U.S. for city dwellers, the best locations to settle down are mostly south of...

To identify the best places to retire, U.S. News analyzed data for the 150 largest metropolitan areas in the U.S. to assess how well they...

With so many savings options out there, deciding where to store your cash can be challenging. Both money market accounts and high-yield...

Perhaps the most official measure of American retirement savings comes from the Federal Reserve System. The Fed calculated average...

Losing a spouse can be an overwhelming and emotional experience. While it's possible to organize financial documents ahead of time,...

Savings rates have continued to go up this year, so if you’ve been looking for a place to store your savings and earn interest in the...

Retirement planning is all about the numbers. Yet, there is one number most of us take for granted or don’t even consider. We are told...

I have a heart and passion for serving federal employees. My mother, who is also my best friend and now works for me, is a retired...

Tax credits for electric vehicles (EVs) aren't new, but they're becoming more relevant and of interest to more people with the rise in...

Retirement account owners must take required minimum distributions from traditional IRAs and 401(k)s after a certain age. The SECURE 2.0...

The goal for most parents when they ask about this is to give their children access to their money during an emergency. It seems like it...

If your credit score is in the doldrums, you won’t qualify for a lot of standard credit cards–especially the best rewards credit cards....

How Are Social Security Benefits Taxed? Social security benefits can be subject to taxes as follows. If your client files as single and...