Retired

Retired? This is when the IRS can take a closer look at your finances

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IRS logo on business cards

Richard Bernstein Advisors CEO and CIO Richard Bernstein provides insight on investment strategies in times of conflict and rising inflation at the Barrons Roundtable. American retirees may be done with their work, but they may still face an audit IRS audit if their tax return raises red flags. Data from the IRS shows the tax … Read more

I’m 67 years old and retired last year with $680,000 in savings and a paid off house – and in October I was Googling ‘is this all there is’ at 2am because no one tells you that financial security and mental purpose are completely unrelated problems – Silicon Canals

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I'm 67 years old and retired last year with $680,000 in savings and a paid off house - and in October I was Googling 'is this all there is' at 2am because no one tells you that financial security and mental purpose are completely unrelated problems - Silicon Canals

I received an email last week from a reader who recently retired. He had done everything right – saved diligently, paid off the mortgage, built a $680,000 nest egg. In October, three months into his retirement, he was Googling “this is all there is” at 2am. His story hit me harder than I expected. Maybe … Read more

Social Security needs money to fix its deficit. The question is who will pay?

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Sen. Bill Cassidy on Social Security: Proposing changes to the Social Security trust fund

People walk through downtown Detroit on April 19, 2025. Dominic Gwinn | Afp | Getty Images Social Security is the largest social insurance program, paying about 75 million Americans every month. However the program is facing an imminent funding shortfall. The Social Security fund for pension benefits could run out by 2032, which could result … Read more