Retirement Daily

10/01/2025

Tax expert Robert Keebler breaks down in this Yahoo Finance Decoding Retirement podcast the 2025 OBBBA tax changes -- from the new $40,000 SALT cap with income phaseouts to Roth conversion testing and the senior deduction's $150,000 threshold.

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09/25/2025

We’re often told to get our affairs in order for our loved ones. Too often, though, some of our most loyal companions – our pets – are overlooked in estate planning. That doesn’t need to be the case, according to Colleen Carcone, J.D., CFP® and Michelle Fait, MBA, CFP, EA, CDFA

A guide to pet trusts

09/23/2025

How much money do you need to retire? Jean Chatzky has the answer in this Yahoo Finance Decoding Retirement podcast.

As prices and inflation continue to rise, preparing ahead for retirement has become even more important. But how can people assess their eventual costs and ensure they don't exceed their sources of income when the future is so difficult to predict? On this week's episode of Decoding Retirement, host...

09/17/2025

09/16/2025

The surprising secret to adding a decade to your life isn't what you think.

We all know the basics: eat well, exercise, don't smoke. Do all five healthy habits and you could gain up to 10 years of longevity.

But here's what caught the attention of AARP's Debra Whitman: When Harvard researchers asked healthy 80-year-olds what set them apart from their unhealthy peers, the answer wasn't diet or exercise.

It was the quality of their relationships, Whitman said in this episode of Yahoo Finance's Decoding Retirement.

Isolation has been compared to smoking 15 ci******es a day. Yet as a society, we're optimizing for everything except human connection.

This hits differently in our remote-first world. Maybe it's time to ask ourselves: Are we building our careers at the expense of the relationships that actually determine how we age?

The most successful "retirement plan" might not be your 401k. It might be that text you send to check on a friend, the community you're building now, or simply saying hello to the person at checkout.

What does meaningful connection look like in your life?

Living a long and happy life in retirement is a goal that is surprisingly within reach for many people, as long as the right steps are taken before you get there. On this episode of Decoding Retirement, host Robert "Bob" Powell speaks with Debra Whitman, AARP's chief public policy officer and author...

09/10/2025

Facing Unexpected Job Loss Before Retirement? You're Not Alone.

Recent data shows 800,000+ jobs have been cut in the U.S. this year, leaving many to navigate unplanned retirement. The reality? 70% of Americans plan to work until 65, but less than 30% actually do.

If you're in this situation, career transition expert Elizabeth Zelinka Parsons reminds us in this Yahoo Finance Decoding Retirement podcast: Give yourself permission to grieve first. Your identity isn't just your job title.

Her four-step framework for moving forward:

🔄 Identity Bridging - Reconnect with who you were before your career defined you

⚖️ Life Restructuring - Reallocate time to health, relationships, and personal growth

💰 Financial Mindset Shift - Move from accumulation to strategic spending

🎯 Action & Momentum - Leverage your network and start experimenting

Remember: Retirement doesn't mean 365 days of leisure. The most fulfilling next chapter often includes purpose-driven work on your own terms.

Have you or someone you know navigated unexpected career transitions? What strategies worked best?

Plenty of people work hard to reach their retirement, only to find that life after a career can be less satisfying than they thought. On this episode of Decoding Retirement, host Robert "Bob" Powell speaks with Elizabeth Zelinka Parsons, author of "Encore: A High Achiever's Guide to Thriving in Reti...

08/19/2025

That $351,000 retirement healthcare figure everyone talks about? It's creating unnecessary panic. 🚨

You've probably seen the headline: "Retirees need $351k for healthcare costs." But here's what that number doesn't tell you—it's the total over 30 YEARS, not a lump sum you need upfront.

In this Yahoo Finance Decoding Retirement podcast, Sudipto Banerjee, Ph.D. from T. Rowe Price puts it perfectly: "Healthcare is not something where you retire one day, then cut a check for $350,000 to someone and it's taken care of."

Instead of fixating on scary headlines, focus on what actually matters:

✅ Your annual cash flow

✅ Understanding your year-to-year healthcare expenses

✅ Planning for ongoing decisions, not one massive payment

Retirement healthcare planning isn't about having hundreds of thousands sitting in the bank on day one. It's about building a sustainable strategy that works year after year.

Don't let sensational numbers derail your retirement planning. Focus on the fundamentals: income, expenses, and realistic annual healthcare budgeting.

What's your approach to healthcare planning in retirement? Share your thoughts below.

The best laid plans for retirement can be totally upended by an unexpected medical emergency, especially if you don't have a reserve of savings to draw from. On this episode of Decoding Retirement, host Robert "Bob" Powell speaks with Sudipto Banerjee, global retirement strategist at T. Rowe Price,....

08/12/2025

The "retirement crisis" is a widely discussed topic, with many in the media and the public believing the nation faces a severe issue of inadequate retirement savings. However, accurately defining and measuring this crisis is complex, with varying perspectives on what constitutes sufficient retirement preparation and how best to assess it.

According to Andrew Biggs, author of "The Real Retirement Crisis," many alarming headlines and survey results suggesting a retirement crisis are "just wrong."

He argues that these perceptions are often fueled by misleading data and flawed methodologies, and that the true "retirement crisis" lies instead with governments failing to fund their retirement benefit obligations, rather than households failing to save adequately.

For a refreshingly contrarian take on retirement in America, listen to this week's installment of Decoding Retirement.

The steady stream of dire news about Social Security continues to affect retirement plans around the country; but one man is surprisingly optimistic about its future. On this episode of Decoding Retirement, host Robert "Bob" Powell speaks with Andrew Biggs of the American Enterprise Institute. Biggs...

08/06/2025

America is facing a $600 billion caregiving crisis - and most families don’t even see it coming.

As lifespans extend and dementia diagnoses rise, retirement plans built only on dollars and spreadsheets are dangerously incomplete. Family caregivers already provide the equivalent of a part-time job - 20+ hours each week - often sacrificing their own health, wealth, and careers in the process.

In this Yahoo Finance Decoding Retirement podcast, MIT AgeLab Director Dr. Joe Coughlin warns that the “care gap” isn’t just a private pain point - it’s a national retirement challenge that could erode family wealth, strain adult children, and create a profound public burden.

Why this matters to you:

- Your financial plan is at risk. Dementia alone can drain half a family’s wealth before diagnosis.

- Your retirement lifestyle depends on hands-on help. Spouses and adult children may not be available - or capable - to provide care.

- Technology is the new line item. AI, smart homes, and social robots will become essential for aging at home but bring new subscription and equipment costs.

Real retirement security comes from connecting your money to your life. That means preparing for transportation, caregiving, and tech-enabled independence long before the crisis hits.

If you’re a retiree, adviser, or policymaker, the time to prepare is now. Retirement planning must evolve from financial theory to life-ready preparation—or risk being blindsided by the caregiving storm ahead.

With a rapidly aging workforce, budgeting time and money for caregiving has become even more crucial for the average American. On this episode of Decoding Retirement, host Robert "Bob" Powell speaks with MIT AgeLab director Joe Coughlin, who shares his unique perspective on the advancements and chal...

07/27/2025

The CMS recently issued a warning to beneficiaries about a disturbing new scam: fraudsters posing as salespeople offering "free" services or gifts in order to enroll unsuspecting seniors in hospice care — without their knowledge or need.

Fraudsters are enrolling seniors in hospice care — without their knowledge.