I generally think of STOCKS ONLY for holding periods longer than seven years if I were in the Save and Invest phase of life. The conventional advice might be 60% stocks and 40% bonds. A popular Target Date fund for 2030 (VTHRX) –

The inflation report issued Wednesday showed a third month of low inflation. Core inflation for the last three months is at an annual rate of 1.6%. These are the lowest three months in more than four years, before the start of sharp monthly increases in

I complete my first draft of my tax plan for 2024 this time of year. This post provides a spreadsheet for your tax plan. You want an estimate of your 2024 tax return for three reasons:

1) You want to know how much taxes

Nope, not in the long run. If are on Medicare and have a relatively large traditional IRA, you are going to get closer and closer to income that results in your crossing a tripwire for a Medicare premium surcharge. IRMAA surcharges cost single filers ~$1,000

Roughly 10% of those on Medicare have high enough income that triggers a surcharge of Medicare premiums that are deducted from monthly Social Security benefits. If your income is near or at this point, you want to plan your 2024 tax return to see if