Hi, I’m Matt. I’m the guy behind this blog. My main goal is to help you achieve your financial goals in retirement. I’m a CPA and read the Internal Revenue Code for fun so you don’t have to. I believe that retirement planning shouldn’t be that difficult. There are a few big items that you need to figure out like:
How Much You’ll Receive From Social Security and When You Should Claim Benefits.
The Amount of Money You Need to Live the Lifestyle You Want In Retirement.
Your Tax Liability In Retirement and How to Pay As Little In Taxes As Possible.
If you’re looking for a site that will help you optimize your retirement, you’ve come to the right place. There are so many people that don’t understand their financial picture in retirement. But how can you blame them? The system is complicated and fragmented. Your income will come from different sources and you’re taxed at completely different rates depending on the income source.
This site will guide you in your journey to cut through the mess that is the American retirement.
The stock market is up on both an absolute basis and from an inflation-adjusted valuation perspective. Should you be worried about investing your money now that the stock market is so high? The short answer is: no. If you look [...]
You may have asked yourself: How much do I need to retire? It is one of the most common questions leading up to retirement and there are a few different ways to calculate this number. Pre-retirement Income Replacement (70 - [...]
Charlie Munger, the notoriously wise partner of Warren Buffett and author of Poor Charlie’s Almanack, gave a speech to Harvard University students in June of 1995 on the psychology of human misjudgment. You can pull the transcript here or listen [...]
Investing is all about the long term but many investors only focus on short term results. In fact, that's the mistake #4 on this article by Robert Stammers, Director of Investor Education at the CFA Institute. "One of the biggest [...]
There are three steps you can take right now to boost your Social Security payment before you retire. Are you nearing retirement age and looking for ways to boost your Social Security? 84% of soon-to-be retirees said that Social Security [...]
Social Security will increase just 0.3% in 2017, which translates into a raise of $5 per month to a national monthly average of $1,360. Over the last decade, increases have ranged from zero to 5.8%. And to make matters worse, [...]
The old rule of thumb for asset allocation used to be that you should subtract your age from 100 to calculate the percentage of your portfolio that should be in stocks. For example, if you’re 60 years old, you should [...]
The best age to claim Social Security is complicated and varies depending on your specific financial situation. You can start receiving your Social Security pension at age 62, with your maximum Social Security pension at age 70, and your full [...]
The amount your Social Security is taxed varies from 0 - 85% based on your provisional income. Up to 85% of your Social Security pension may be taxed but if you have a lower income, you may not pay any [...]