According to Fidelity, retirement accounts are the highest they have been since 2021. In fact, Gen X has higher balances than the Boomers! This may seem like a great thing, which it is...but watch out! Those approaching retirement with large retirement accounts should watch out for a huge pitfall known as "sequence risk."

One particular group of retirees runs low on money at a much higher rate than others In this show we talk about who this group is and how the particular issues they face are not too different from those faced by most retirees. Listen and learn from others to help avoid a top retirement fear.

According to a recent research paper, those with Medicare Supplements use the services more often and cost more to the overall system. However, generally speaking, Supplement users are healthier. In this show we discuss the research as to why this is the case, and then Dan gives his practical reasons that aren't mentioned in the research.

The IRS finally published guidance in 2024 on the details that have been missing regarding Inherited IRAs. The SECURE Act of 2019 changed the rules for Inherited IRAs. The distributions can no longer be stretched over the beneficiary's lifetime in many cases. This became known as the new 10 year rule. However, there was significant confusion about this new rule, which left many uncertain on what to do regarding Required Minimum Distributions (RMDs) when inheriting an Individual Retirement Account (IRA).

Many in retirement like to keep a decent chunk of change in their checking & savings accounts at the bank. Others like to have physical cash on hand. How much is too much or too little? Is there a proper amount to keep handy for financial emergencies in retirement?

According to a recent study, nearly a quarter (24%) of 55-year-olds expect to need financial support from family in retirement . Is Gen X going to have to move in to live with their parents or kids in order to be able to retire?

A recent survey says Americans believe they need $1.46 million to retire. In this show we discuss how ridiculous this number is and why people shouldn't be caught up in such a sensational (and potentially depressing) headline number.

Since 2020, more people are expecting to stop working full time by they time they reach age 62. The data we explore suggests a significant increase of the number of people who expect to retire sooner than those asked in years past. In this show we discuss what might be causing this move to plan for "early" retirement.

What happened to the simple retirement plans from a generation ago? Retiring in the 1960s meant a pension and a relatively stress free financial life. Today we are creating complex retirement plans and financial stress is high. In this show, we talk about how it is possible to go back to "the good old days" of retirement and question why we don't do so.

Many people are surprised when they get an Income Related Monthly Adjustment Amount (IRMAA) letter from Medicare demanding higher payment for Part B and Part D (prescription drugs). In this show we talk about the main ways people get surprised by IRMAA and how to appeal if you get such a surcharge.