Savvy NickelIn-depth articles on financial planning at specific life stages from Savvy Nickel.
This collection covers key topics in financial planning at specific life stages. Each article is researched, clearly explained, and written to give you actionable knowledge you can apply to your own financial situation.
3 articles
After 65, your financial life shifts: Medicare replaces employer insurance, Social Security COLAs adjust your income, RMDs begin at 73, and estate planning becomes urgent. A 2025 Vanguard study found retirees who reassess annually spend 23% more sustainably. Here is what to reassess and when.
Your first year of retirement sets the pattern for the next 30. A 2025 EBRI study found 40% of retirees withdraw more than the recommended 4% in year 1, and 56% have no written withdrawal strategy. This checklist covers the 6 moves every new retiree must make.
The average American retires at 62, but only 48% of pre-retirees have calculated how much income they will need. This pre-retirement checklist covers Social Security claiming, Medicare enrollment, portfolio shifts, debt payoff, and the 8 financial moves you must make before your last paycheck.