Tag: retirement-savings

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For example, if one can earn meaningful amount of money from the 401k (paper gain) and that amount is equal or bigger than salary, and the person is over 59 and half, can he/she consider retirement? I recall there is a YT video on this – maybe this one by Azul – Research Shows This Is The Perfect Age To Retire (this is an interesting point: see if you can retire the debt including the mortgage before retirement).

Roth Conversion

Vanguard: IRA Roth conversion

Also:

Roth 401k: Roth comparison chart (IRS)

Average Joe and Jane

CBS News Money Watch article below

More Americans are living paycheck to paycheck, putting retirement out of reach, report finds

Left behind retirement accounts? (can I have some, joking)

A new 401(k) rule is coming in 2026 for millions of high-earning Americans — what to know if you’re in this group

Btw, came across this from Medium recently: The Retirement Myth: What Most Americans Really Do After They Stop Working

I loved this comment: “No such thing when it comes to retirees. I see two groups, one that does what you said (and typically dies with as much money in accounts as when they retired) and one that get healthy and stays healthy and gets busy intentionally creating and enjoying life! From what I see it’s about a 70-30 split with 70% ding very little – but the 30% are having a great time!! You have to choose which group to be in before your health choses for you. The Lie of Later: How ‘Future Time Slack’ Is Stealing Your Retirement – now I realized this article is really appliable to everyone, both active workers and retirees.”

My own video

This morning, I also talked about aging, retirement and related topics on my morning walk via YT. Or you can watch from Bilibili (link here) if you are inside China.

PS:

(YT, audio only) Charlie Munger No. 1 investment tips for those over 50

(YT, Holy Schmidt!) 6 SECRETS Retirees Should NEVER Disclose

I’m 81 and live in my RV for half the year. I didn’t save enough for retirement, so I stay afloat by ‘work camping’ and DoorDash driving. (I read it from Yahoo and it didn’t have paywall)

Americans are living longer, but many are making a costly mistake about old age (CBS News)

You can live healthy to 100, author says, Here’s the secret (Yahoo)

(YT) This 104 old’s life advice will blow your mind

(CNBC) This is the ‘biggest mistake’ you can make with your IRA, attorney says

(Update 11-14-2025 Yahoo Finance) Health & wealth check-up: How a financial adviser can help

(Update 11-18-2025 YT) How Do I Pay For Health Insurance if I Retire Early

(Update 12-31-2025 CNBC) Rule expands penalty-free early 401(k) withdrawals — but new use ‘might not be practical,’ advisor says. Let me quote some below:

If you reach your 65th birthday, you have about a 70% chance of needing some form of long-term care services and support, according to a 2020 estimate from the U.S. Department of Health & Human Services. On average, women who require care need it longer — 3.7 years, versus 2.2 years for men. While a third of 65-year-olds will never need long-term care, 20% will end up requiring it for more than five years...

For example, the cost of a home health aide reached an annual median cost of $77,792 last year, up 3% from 2023, according to the 2024 Cost of Care survey conducted by Genworth Financial. The national annual median cost of a semiprivate room in a nursing home rose to $111,325, up 7% from 2023. For a private room, the median yearly cost climbed 9% to $127,750.

(Update 02-17-2026) You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’