Tom’s Blog

What taxes can you lower if you don’t take RMD this year?

Can you really lower taxes by skipping RMD this year? The CARES Act gave us older retirees the option of not taking our RMD this year. The IRS says something like 80% of folks must take their RMD for their living expenses. I’ll assume

Should you Increase your Mix of Bonds as you get older?

One of the three key decisions in your financial retirement plan is your choice of mix of stocks and bonds. In Nest Egg Care (NEC) I assumed you’d keep that same mix throughout your retirement. Now that I am older – I’ll hit 76 soon

What’s the chance you’ll see a real increase in your Safe Spending Amount in the next five years?

We nest-eggers always are spending – withdrawing for from our investment portfolio for spending – at a rate that equates to many years of ZERO CHANCE of depleting our portfolio. We always set a low spending rate because we assume that we always are facing

When can you expect a 15% increase in your Safe Spending Amount?

Let’s assume you’re just starting your retirement. Following the steps in Nest Egg Care (NEC), you calculate your first Safe Spending Amount (SSA). (See Chapter 2, NEC.) That’s what you’ll withdraw right before the first of the year for your spending that year.

Are you ready for retirement? What do you spend on the Basics?

All we retirees – or soon-to-be retirees – have a burning question: Can our financial portfolio provide enough cash for spending for a Very Happy retirement – for the rest of our lives? You obviously need to add up the cash that rolls in every

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