Posts by GBRWM

“My husband and I plan to retire in a few months. We are worried that the stock market will correct just when we start taking money out of our accounts. Are we just being worry warts? Not at all. What you are worried about is called the “sequence-of-return risk” and it is a real problem…

“My wife and I pay over $10,000 a year in Medicare Part B premiums while my neighbors only pay about $3,200 a year. What gives?” By way of background, Medicare is the federal health insurance program for people who are age 65 or older. For most Medicare enrollees, the federal government pays 100% of the…

“In retirement, we want to be fairly certain that our investments will last as long as we do. With that in mind, how much can we safely withdraw from our investments?” Over the past 30 years, most retirement planners have answered this question by explaining the “4% rule of thumb”. The 4% rule of thumb…

“Financially speaking, we think we are going to be OK in retirement. However, we are a little worried about adjusting to our new life.” The first questions that most people ask about their retirement have to do with money. For example, someone may ask “how much money will I need in retirement in order to…

“Social Security income will be important to us in retirement. Therefore, we can’t afford to make any Social Security income mistakes.” Social Security income is often an important part of retiree’s cash flow. Unfortunately, many retirees commonly make Social Security income planning mistakes which reduces their Social Security income. Here are the six Social Security…