Archive | Sustainable Retirement

Appealing the IRMAA (What’s that? Ans: Higher Medicare Part B & D premiums)

Appealing the IRMAA (What’s that? Ans: Higher Medicare Part B & D premiums)

How do you appeal the Medicare Income Related Monthly Adjustment Amount, or IRMAA? Amid the long checklist of things you must do at retirement, this can easily be overlooked, causing you to pay more in Medicare premiums than you need to. The IRMAA was first enacted in 2003 as a provision of the Medicare Modernization Act […]

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What is a Retirement Feasibility Timeline?

I define the Retirement Feasibility Timeline as a method to depict the transition between the working years (accumulation) and the retirement years (decumulation). You can visually see year by year (age by age) when retirement may be feasible without any changes to what you’re presently doing, and what meaningful changes may alter that outcome to […]

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Just Imagine Financial Planning Software … that does this …

Preface Financial planning software today is still a calculation-based approach that derives a supposed solution that most in the profession call a plan. Under the current paradigm, there is much more to be desired. Those desires are currently limited by the perspectives and interests within the software provider community that is also driven by the […]

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Source: Author Calculations

What are Heir’s Considerations Now for Inherited Retirement Accounts?

The SECURE Puzzle This article will discuss HOW a heir may distribute Required Minimum Distributions (RMDs) over the 10 year period that results from the SECURE Act of 2019*. The pertinent details of the Act relevant to this article will be discussed later. The below applies to any qualified retirement funds an heir may inherit. […]

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The Four Transitions Of Aging (Retirement Insights Part 3 of 3)

The Four Transitions Of Aging (Retirement Insights Part 3 of 3)

“Aging and getting older can be ‘a mean Rubik’s Cube, in which several different sides of your life are turning simultaneously.’ As while good genes increase longevity, they can also increase the cost of living and duration of retirement. Married couples often find support with one another, but spouses typically don’t age equally well, and […]

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The Trick To Keeping Friends As We Get Older (Retirement Insights Series Part 2 of 3)

The Trick To Keeping Friends As We Get Older (Retirement Insights Series Part 2 of 3)

“More and more recent research is finding that our friends and social interactions are essential to our medical, psychological, and social well-being as we age. Which is a challenge for retirees, in particular, as they age, as everything from reduced mobility to the outright death of friends can shrink our social circles and opportunities to […]

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Time Allocations and Self-Reported Happiness Of Retirees (Retirement Insights Series – Part 1 of 3)

“When it comes to happiness and well-being in retirement, having enough money to retire may help, but it turns out not to be a primary driver of happiness in retirement. Instead, retiree satisfaction is much more driven by what retirees actually do with their time in retirement. Accordingly, the authors of a study leverage the data in the University […]

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