Budgeting & Spending

Budgeting, especially for the future can be tricky. Find articles below to help you reduce your spending, save more, understand inflation, know how much you can spend, strategize for emergencies and more.

Your household budget is a foundation of your financial wellness. When working, ideally you are spending less than you are earning and are able to save the balance. When you are retired, you need to be able to plan to spend less over your lifetime than your retirement income and savings withdrawals allow.

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retirement costs

10 Major Retirement Costs Overlooked by a Many Americans

Underestimating expenses is a good way to run out of money. Learn about commonly overlooked retirement expenses. You’ll be surprised by #1.

September 22, 2022

The “Inflation Reduction Act of 2022” and What it Means for Your Retirement

Learn how the “Inflation Reduction Act of 2022” may improve your retirement? (Reduced healthcare costs and inflation reduction.)

July 28, 2022
pre retirement income

Can You Live Happily in Retirement With Just 66% of Your Work Income? (Yes! Most Do)

Research suggests that average annual retirement income for retirees is far less than what they earned before retirement. And, it’s not a problem!

July 7, 2022
Managing Money in Retirement

10 Great Tips for Managing Money in Retirement

In some ways managing money in retirement will be easier and in other ways it will be harder. Here are 10 tips for getting it right.

July 7, 2022
stagflation

Stagflation: When Inflation Meets Stagnation and What to Do About It

Stagflation is a future possibility. Discover how we might prevent it and what to do if it happens. Read now…

June 9, 2022
does money buy happiness

11 Ways Money Really Can Buy Happiness

They were wrong. The answer to the question does money buy happens is… yes! In fact, the research is overwhelming. And, there are actually multiple ways to spend to increase happiness. Here are 11 ways to spend money to buy happiness. The following 11 tips are valuable whether you are 75, 65, 55 or 15!…

June 9, 2022
property insurance

Why is Your Property Insurance So High? 10 Ways to Lower the Cost

Explore the 3 main reasons why your property insurance is so high and discover ways to reduce your expenditure.

June 2, 2022
successful retirement

Keys to a Successful Retirement: The 3 Traits of Financially Solvent Retirees

A recent study found 3 traits to help you achieve a successful retirement. Adopt these maxims to achieve a more secure future.

June 2, 2022
personal inflation rate

What’s Your Personal Inflation Rate?: Inflation is Not an Equal Opportunity Phenomenon

Average inflation is high. But, what is your personal inflation rate? Find out how to calculate and what it means.

May 26, 2022
medicare advantage denies coverage

Medicare Advantage Plans Too Often Deny Care and Claims: What to Do About It

A government report finds that Medicare Advantage plans are denying coverage and claims. Find out what to do about it.

May 19, 2022
consumption smoothing

What is Consumption Smoothing? And, Why Is It Important to Your Lifelong Happiness?

While most people do short term consumption smoothing, you really need it for your future financial security.

April 28, 2022
spending retirement nest egg

9 Ways to Overcome the Terror of Spending Your Retirement Savings

Terror about retirement spending is not uncommon. In fact, most people are worried about spending their nest egg and running out of money. After all, you have been conditioned for decades to earn, not spend. You were probably a teenager when you opened your first paycheck and officially started the cycle of earning and spending…

April 28, 2022
retirement bucket strategy

Is a Retirement Bucket Strategy Right for You and Your Money? (And, How to Calculate)

Is a retirement bucket strategy right for you? Learn how to calculate your buckets and model them in your financial plan.

April 13, 2022
social security and taxes

Taxes on Social Security: Don’t Get Taken for a Wild Ride

Yes. You will likely pay taxes on Social Security. Learn what to expect (federal, state or work) and find a retirement tax calculator! Learn more now…

March 31, 2022
average retirement spending

Average Retirement Spending: Will You Spend a Lot More or Less Once You Retire?

Average retirement spending for those over 65 is $48,872 a year. See average spending in specific categories and how to project your own needs.

March 17, 2022
cut costs for retirement

23 Ways to Cut Costs for Retirement

Reducing expenses is a good way to deal with inflation. Here are 23 tips to make it a little easier to cut costs.

March 10, 2022
emergency money

The Best (and Worst) Sources of Emergency Money

If you find yourself needing emergency money or income, here is a guide to 11 different sources of funding. Explore the pros and cons.

March 10, 2022
retirement taxes

Retirement Planning and Your Taxes: 24 Tips for Keeping More of Your Own Money

Planning for retirement should involve strategizing to minimize taxes. Explore 24 tips to help you plan, file, and save money.

March 3, 2022
What to do about inflation

What to Do About Inflation? How Are People Adjusting Retirement Plans in the Face of Rising Costs?

Is doing nothing a sane response to inflation today? For some, absolutely. Others need to take action. Explore your options.

February 10, 2022

9 Tips for Estimating Retirement Expenses: You Need to Get this Right!

If you want a secure retirement, you need to go about estimating retirement expenses. Get 9 great tips for succeeding at this difficult task.

December 16, 2021

12 Surprising Ways to Save on Retirement Health Care Costs

Out of pocket retirement health care costs can be outrageous. Use these 12 surprising tips for a healthier and wealthier retirement.

November 24, 2021

Pursue Dental Care Before You Retire

There’s one important task that you may be forgetting before you retire: pursuing dental care. Learn why and access a full retirement checklist.

November 3, 2021
end of year tax tips 2021

11 Year-End Tax Planning Strategies to Keep More 2021 Money and Prepare for Future Wealth

These 11 year-end tax tips for retirement will help you minimize your 2021 taxes and reduce future tax bills.

October 28, 2021
reduce 401k fees

401(k) Fees: Get to Know What You Pay and Reduce the Expense

Many of us are oblivious to the fees, but almost everyone with a 401(k) pays them. Get 7 ideas for reducing costs to greatly increase wealth.

September 23, 2021

NewRetirement Planner

Take financial wellness into your own hands and do it yourself retirement planning: easy, comprehensive, reliable.