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This Week: August 15th, 2017

On this week’s episode Joy and I discussed her looming retirement (good for her, but not so much for the rest of us). We talked about the formula you can use to determine if you’re ready to retire, and how to calculate a sustainable spending rate once you’re there. We also covered IRA RMDs for charity, umbrella liability insurance, and how to create a safer password.

Some of the websites we mentioned:

That's all for now. Send your questions and comments to onyourmoney@wpr.org, contact me directly at kevin@onyourmoney.com, or use our online contact form. Until next time...

Spend less, have more!

Kevin McKinley


Previous Journal Entries

August 8th, 2017

We discussed how to ask for (and maybe even get) a raise, getting the tax break on Edvest deposits, donor advised funds, and keeping mosquitos away.

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August 1st, 2017

Kate Archer Kent sat in for the vacationing Joy Cardin. Kate and I discussed workers’ wages, saving money on capital gains taxes, gearing up for the coming eclipse, and “celebrating” August as “Write a Will Month”.

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July 25th, 2017

We discussed student loan forgiveness, back-to-college finance tips, and how to save money on wine.

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