Money Wisdom

As more people approach retirement, they're looking for ways to reduce risk while still maintaining some opportunity for growth. That often leads to questions about annuities and whether they're a good investment. The...

A massive amount of wealth is moving from one generation to the next, but transferring assets is only part of the equation. Today, Nick and Eric look at why families need to start thinking about the transition long...

Retirement planning comes with a surprising number of age-based rules and opportunities. Nick and Eric walk through the milestones that can shape when and how you make important financial decisions. Knowing what changes...

Long-term care can be one of the biggest financial blind spots in retirement planning. Today, Nick and Eric discuss when long-term care insurance may make sense, when self-insuring could be reasonable, and why the...

Teachers often have retirement benefits that look very different from those of private-sector employees. In this episode, Nick and Eric explain why understanding the options available through your school system is so...

Retirement changes the purpose of your investments. Instead of simply accumulating money, your portfolio now has to support your lifestyle, keep pace with inflation, manage risk, and provide income for an unknown number...

Retiring before age 65 can create a major gap between employer coverage and Medicare eligibility. Today, Nick and Eric explain four potential health insurance options and answer listener questions about Medicare...

What scares Americans more than death? For nearly two out of three people, it's the possibility of running out of money in retirement. Costs continue to rise, paychecks eventually stop, and the money you've accumulated...

Health Savings Accounts can be one of the most tax-advantaged tools available for retirement, but they can also create an unexpected tax burden when passed to the next generation. In this episode, Nick and Eric break...

Can you collect Social Security at 62 and continue working? The answer is yes, but whether you should is a much bigger question. Nick and Eric explain how working while collecting benefits can impact your retirement...

What really happens to your money after you're gone? For many families, the answer is probate, a legal process that can be time-consuming, emotional, public, and complicated. Nick and Eric break down the difference...

At some point, managing your finances becomes less about picking investments and more about making important life decisions with confidence. Today, Nick and Eric discuss how to recognize when you're approaching a...

Required Minimum Distributions (RMDs) are one of the most misunderstood—and potentially costly—parts of retirement planning. Nick and Eric break down exactly what RMDs are and why they can have a significant impact on...

Many retirees assume they've missed their chance to take advantage of Roth conversions, but the reality is that age 65 may be one of the best times to start the conversation. Today, Nick and Eric explain how Roth...

There's no shortage of retirement advice out there, but not all of it is accurate. In fact, some of the most common beliefs about retirement can quietly derail your plan if you take them at face value. In this episode...