What We Lose When We Retire
What We Lose When We Retire
Jonathan Clements | Aug 26, 2023
WHEN WE RETIRE, we win back control over our daily life. Gone is the boss, the expectation that we’ll be at work at a certain hour, the worry about what the next office email will bring. We have a degree of freedom that, in many cases, we last knew when we were students contemplating a long summer vacation.
But even as we gain that freedom, there’s also much that we lose. If we’re to be happy retirees, we need to think hard about how we’ll cope with these losses. For some, what’s lost won’t seem all that bad. But for me—someone for whom work has been so central to my life—the seven losses below loom large.
The Fed Just Became the World’s #1 Gold Salesman..
The Fed Just Became the World’s #1 Gold Salesman...
Notes From the Field By James Hickman (Simon Black) September 18, 2025
To the surprise of absolutely no one, the Federal Reserve announced its decision yesterday to cut interest rates… and kept the door open to further rate cuts in the future.
The funny thing is that we’ll never truly know why.
Sure, it’s possible that Fed officials honestly felt that the economy needs lower rates (despite obviously persistent inflation risks).
4 Ways To Avoid Bank Fees and Keep More of Your Money
4 Ways To Avoid Bank Fees and Keep More of Your Money
Laura Bogart Wed, September 17, 2025 GOBankingRates
You work hard for your money — to quote the great Donna Summer, “so hard, honey, honey.” Your emergency and retirement funds can vouch for your saving and budgeting skills. Your financial advisor is on speed dial, and no coupon is left unused. So why does your bank statement feel like it’s working against you?
Before you spiral into spreadsheet mode to dissect every expense, Andrea Woroch — a nationally recognized consumer finance expert, writer, and regular on-air contributor — wants you to zoom in on something else: bank fees.
Fed Rate Cut: How It Affects Your Bank Accounts, Loans, Credit Cards, And Investments
Fed Rate Cut: How It Affects Your Bank Accounts, Loans, Credit Cards, And Investments
Hal Bundrick, CFP® Yahoo Personal Finance September 17, 2025
Finally. The Federal Reserve delivered a long-awaited quarter-point rate cut on Sept. 17.
Wall Street expects two more rate cuts at both of the Fed's next meetings before the end of the year.
Here's how the long-running interest rate pause has impacted deposits, credit, and debt so far. And what a rate cut could do for — or to — your money.
This Single Thing Is The Biggest Warning You're Being Scammed, And It's Information We All Need
This Single Thing Is The Biggest Warning You're Being Scammed, And It's Information We All Need
Noah Michelson Tue, September 16, 2025 BuzzFeed
Financial scams have exploded in recent years, and it’s not just banks and corporations getting screwed out of big bucks. U.S. consumers lost more than $10 billion to fraud in 2023 — more than any previous year, and a 14% increase from 2022 — and all signs point to even larger losses in 2024.
So how do we protect ourselves from bad actors who want to steal our money and our identities?
Are You Smart Enough To Beat Inflation? Solve These Money Puzzles To Find Out
Are You Smart Enough To Beat Inflation? Solve These Money Puzzles To Find Out
T. Woods Sun, September 14, 2025
“Inflation” is a word any money-conscious adult hears or reads almost daily, but that doesn’t mean everyone totally understands how it can impact their finances. Truly comprehending the complexities of inflation, and how it can sway your financial stability, is a requirement for any financially responsible adult.
With that in mind, do you understand inflation? Further, are you smart enough to beat it? Take this GOBankingRates quiz to find out.
3 Key Signs That You’re Losing Money to ‘Lifestyle Inflation’ — and How To Get Out of It
3 Key Signs That You’re Losing Money to ‘Lifestyle Inflation’ — and How To Get Out of It
Laura Bogart Mon, September 15, 2025 GOBankingRates
“Treat yourself.” This iconic line from “Parks and Recreation” has become a cultural mantra and, let’s face it, maybe even a personal motto at times. After all, you’ve just landed a raise. Not only are you bringing home a bigger paycheck, but you’re also working harder than ever to earn it. You’ve got every reason to, well, treat yourself.
But after a few splurges — maybe it’s bottomless brunches, a new bag, or just a couple of nights of takeout — you’re not feeling as flush as you expected. In fact, your bank account might still look a little too familiar.
Billionaire Ray Dalio Warns Debt-Laden US Economy Faces 'Heart Attack,' Advises Investors To Hold 10–15% Gold
Billionaire Ray Dalio Warns Debt-Laden US Economy Faces 'Heart Attack,' Advises Investors To Hold 10–15% Gold
Kaustubh Bagalkote Fri, September 12, 2025
Bridgewater Associates founder Ray Dalio issued stark warnings about the U.S. economy’s mounting debt burden, comparing the fiscal strain to arterial blockage that could trigger a financial “heart attack.”
Debt Crisis Threatens Economic Stability
Speaking at an Abu Dhabi Finance Week launch event, Dalio warned that escalating debt service costs are “squeezing out other spending” and building up like plaque in a clogged circulatory system, reported Reuters. “A doctor would warn of a heart attack,” the billionaire investor cautioned.
How Do I Make The Most Of This Sudden Windfall?
How Do I Make The Most Of This Sudden Windfall?
I’m 40 and my mom just died — leaving me a $3.25M inheritance
Christy Bieber Sat, September 13, 2025 Moneywise
According to Northwestern Mutual, $90 trillion will transfer to younger generations in the coming years [1]. Rebecca, 40, says she has inherited $3 million in stocks and $250,000 in cash, and has a $100,000 mortgage and $25,000 in other debt. What should she do with such a large windfall to make sure she’s using it wisely?
7 of the Top Financial Conflicts Couples Face (and How To Overcome Them)
7 of the Top Financial Conflicts Couples Face (and How To Overcome Them)
January 11, 2025
Money matters are a significant source of stress in relationships. According to a 2024 Fidelity study, 45% of partners argue about money at least occasionally, and 27% admit to being frustrated by their partner’s money habits.
Understanding and addressing money conflicts is essential for maintaining a healthy and harmonious partnership. Here are some of the top financial conflicts couples face and effective strategies to overcome them.
50 Habits That Will Prepare You for a Comfortable Retirement
50 Habits That Will Prepare You for a Comfortable Retirement
Lydia Kibet Wed, September 10, 2025 GOBankingRates
A comfortable retirement isn’t built overnight and it doesn’t require a six-figure salary. What makes the difference are the small habits you build over time. Whether you’re in your 20s or 50s the right habits will help you build the kind of retirement you want.
The 50 habits below will set you up for a comfortable retirement.
Saving and Investing
1. Start saving and investing early. Time is your greatest asset. The earlier you start, the more time your savings and investments have to grow.