Patti and I are writing our checks for donations to charities this week. I’d guess this is the time of year you’ll be writing most of your checks. Patti and I made our major decisions a month or so ago. The purpose of this post

Is this a good time to retire? Is this a good time to be retired? I’d say YES and YES. (I’m ignoring Covid-19, of course.) Two reasons: 1) Covid-19 has shut us all down: our spending is down to the basics. We’ve been shut down,

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

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

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

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.

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

This is the month Patti and I think about who (whom would be more correct!) we will donate to before the end of the year and how much we will donate. I spent more time thinking about our giving this year. Giving money away is

I read this article, “Trump’s Vaccine Czar Refuses to Give Up Stock in Drug Company involved in his Government Role”. The top scientist for Operation Warp Speed, Moncef Slaoui, was hired as a contractor, not as an employee, to avoid the ethics requirement

The purpose of this post is to explain how Social Security (SS) calculates the Cost of Living Adjustment – COLA – each year. Your SS benefit increases by the percentage COLA to maintain the same spending power over time. I also use the percentage COLA