I’ve recently had the opportunity to discuss the rationales and mechanics of IRA transfers, 401(k) rollovers, and ”Solo” 401(k)s with a few folks. It’s not uncommon to want to focus on getting on our ”financial ducks in a row” at the start of a new year. For some, that means simplifying their financial life and … Read more
For many people, the end of one year and the start of another is a good time for a financial health checkup. For some, this includes assessing their progress toward their retirement saving goals. Over the years, as I’ve counseled and coached folks getting closer to retirement who realize that they’re not as financially prepared … Read more
I’m occasionally asked how I manage my retirement finances. I’ve touched on some aspects in previous posts, but I thought I’d share a little about my not-very-formal-or-complicated year-end regime. I don’t do this to suggest that I handle things in an exemplary way or that you should do what I do. Retired families can have … Read more
This article is part of the Retirement Financial Life Equation (RFLE) series. It was initially published on November 3, 2021, and updated in April 2026. Most people don’t think too much about income taxes in retirement. They assume they’ll pay less since their income will likely be lower. For many, that’s a reasonable assumption (at … Read more
A Dave Ramsey (Ramsey Solutions) article on investment fees opens with this: Just like airline fees, investment fees are also a fact of life. The difference is, investment fees aren’t always as clear as an extra baggage fee. Many folks we talk to are confused or blindsided by them. And sometimes, that confusion keeps people from making … Read more
Regret. Webster defines it as “Feeling sad, repentant, or disappointed over (something that has happened or been done, especially a loss or missed opportunity).” We all have regrets. Why? Mainly because we are fallen people living in a fallen world (Rom. 5:12). Our regrets may be over something we did or did not do or … Read more
This article is part of the Retirement Financial Life Equation (RFLE) series. It was initially published on June 23, 2021, and updated in January 2026. This is a follow-up to my previous article on the role that immediate income annuities can play in providing additional income for individuals nearing retirement income limits. The focus was … Read more
My newest book, Redeeming Retirement: A Practical Guide to Catch Up, is targeted mainly at those aged 35 to 65 who are behind in saving for retirement (or think they might be). But I don’t ignore those who are already retired and discover (a little too late in some cases) that they didn’t save enough. … Read more
Since my last post, I’ve done complementary financial coaching calls with some blog subscribers. Whether as the primary topic of discussion or a related one, investing for (and in) retirement came up fairly often. Investing is an important topic. Whether you’re a DIY investor or working with an advisor, it’s good to have at least … Read more
