The Complete Retirement Planner Blog

In The Complete Retirement Planner, you have always been able to enter separate balances for Non-Retirement Cash and Invested savings (with separate interest/return rates for each). For 2025, we split the Invested savings into two categories: Short-Term and Long-Term Invested savings. The Short-Term savings category works the same as the original Invested savings, with expected investment return %'s being entered for both before and after retirement time frames to help account for any investment changes after retirement (less risk?). The annual interest/returns for cash and short-term invested savings are still taxed annually. The new Long-Term Invested savings works a little differently....

Are you one of the roughly 80% of households (per a Fidelity study) that doesn't have a written financial plan? Maybe you think that you don't need one. Maybe you have a DIY spreadsheet/back-of-the-napkin plan that you think is sufficient. Or, maybe you trust generic advice and benchmarks to guide you. If that's the case, with respect, I propose that you are doing yourself a disservice.  Regardless of your net worth or stage of life, having a comprehensive financial plan is a crucial step in assessing your current and future financial health and it provides a roadmap to becoming financially secure....

Retirement planning can certainly be overwhelming. With daily articles offering suggestions about how much to save, how much to withdraw annually from retirement accounts, how to choose when to claim Social Security, diversifying investments, if you should pay off a mortgage before retiring, etc., it can be tough to know where to start. Since you are reading this, you're headed in the right direction. However, while gathering information is important, the real goal is to take concrete steps towards being financially well prepared. You can delay retirement itself, delay claiming Social Security, and delay re-balancing your portfolio, but don't delay the...

There are distinct advantages to continuing to work as long as you can - or at least as long as you can stand to. A dependable income is the most obvious, but the workplace can also offer a sense of self worth and a social aspect that should not be taken for granted. After decades of work, you can't help but to make a lot of personal and professional connections that become important to you. On the other hand, even if you've built a nice working life for yourself (or, especially if it all hasn't worked out just the way...

The 2025 version of The Complete Retirement Planner (TCRP 2025) has just been released!As always, this update includes the most recent tax code changes, 401k/IRA and HSA contribution limits, and Medicare premiums. Several new features have also been added that will further solidify TCRP's reputation as being one of the most comprehensive retirement planning tools available (and still at an unbeatable price!). But don't let the low price fool you - it is not because TCRP is lacking in any way, we do it because we CAN, and because it makes a significant difference for households across the country. Our...