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What happens when you spend three decades talking to retirement experts? You learn that most of what people think they know about retirement planning is oversimplified or wrong. Christine Benz, director of personal finance and retirement planning at Morningstar, joins us on the Afford Anything podcast to share what she’s discovered after 31 years of […]
I had the pleasure of speaking with Bill Bengen, creator of the “4% Rule” for retirement planning. Bill has been a reader of Financial Samurai for many years and has always been courteous in the comments section when I write about safe withdrawal rates. So, I figured it was time we had a chat to […]
A devastating fire broke out at “Jardines de Villafranca“, a retirement facility in Villafranca del Ebro in northern Spain, early Friday, claiming at least 10 lives, according to the Aragon regional government.“At least 10 people have died in a fire at a nursing home in Villafranca de Ebro that occurred this morning. (More information to […]
Breadcrumb Trail Links News Crime Local News “I’m not an assassin. I’m not a bad guy,” said Gilles Brassard, 81, who faces a minimum prison term of 10 years. Author of the article: Paul Cherry • Montreal Gazette Published Nov 13, 2024 • Last updated 22 minutes ago • 3 minute read You can save this […]
Baona | E+ | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. Starting in 2025, investors age 60 to 63 can make catch-up contributions of up to $11,250 on top of the $23,500 deferral limit. Combined, these workers can defer a total of $34,750 for 2025, […]
I’ve seen it over and over again with clients: they reached financial independence at some point in their 50s or 60s. And then, years later (maybe several years, maybe a decade or more), they inherited a whole bunch of money from their parents. And it’s not that the inheritance does nothing for them, but it […]
One reason many people shy away from competition is that they dislike losing. With often only one winner, the sting of defeat can feel too humiliating. When people stop competing, they can become more fragile over time, to the point where even small setbacks can disrupt their well being. Ironically, the best path to victory […]
I am writing to you to make you aware of Plootus, a revolutionary personal finance app designed to help users take control of their financial future. Plootus offers a range of features, including budgeting, expense tracking, investment insights, and personalized financial advice, with a specialized focus on the niche area of retirement planning through 401k […]
The 401(k) contribution limit for employees in 2025 has increased to $23,500, up from $23,000 in 2024. The employer contribution limit also rises to $46,500, bringing the combined employee and employer 401(k) contribution limit to $70,000 for 2025. Don’t underestimate the power of employer 401(k) contributions, especially as you advance in your career. As you […]
On the surface, it can be hard to distinguish one total bond market index fund from another. For instance, five of the funds on our list, all except VBTLX and the sustainable-investing option, primarily track the Bloomberg U.S. Aggregate Bond Index. That’s no accident, since it’s widely considered the main benchmark for the U.S. bond […]