When I was working full-time, I always saved the maximum to my 401(k). Before my employers had a 401(k) plan, in the early 1980s, I saved the maximum to an IRA—a princely $2,000. Pretty soon I felt rich. I had $40,000 saved.
For this reason, I always pay attention to changes in plan savings limits. And there are higher savings limits for 401(k) plans in 2025, plus a new “super catch-up” category. For those who are interested,

In the past week I have received important notifications via email from two experts in their field that will impact your finances:
1) Phill Moeller who’s website is called Aging in America- is considered one of the the foremost authorities on Medicare writes:
Medicare announced that Part B monthly premiums would rise to $185.00 in 2025 from $174.70 this year – an increase of $10.30, or 5.9 percent. The annual Part B deductible, which most people must pay before their Medicare coverage begins,

I’m sure like myself Humble Dollar readers have fellow readers that when they comment you look forward to their insight, and trust their judgement. Who is yours? …and you can’t pick Jonathan cause that’s obvious.
I have several, but will just mention one as not to possibly influence others’ choices (as if I have that power).
I will pick Andrew Forsyth. His comments on financial, but especially tax matters are very detailed and insightful. I thought his chosen profession was a CPA,

THE WAVES AND WEATHER are always changing on the coast of Maine. Last summer, I paddled my canoe to a nearby island in the sun, and two hours later had to feel my way back through a fog that hid the mainland.
There are longer-term forces at play here, too. The black mussel beds I steered around as a child are all gone now. So is the sea grass that made a good hiding place for crabs.

I have been pondering for a week whether or not to post this out of concern it will be misinterpreted – I have experience with that. 
As Jonathan once told me,  “those who are financially prudent will most likely enjoy success, even if events don’t always go their way.” That’s it for me, mostly prudent and very patient. 
Is it always necessary to follow all the “rules,” to be precise with every financial decision you make,

I had lunch with some friends from my old company last week and we discussed their retirement plans.  Many are delaying Social Security until FRA (full retirement) at age 67 or until age 70 to take advantage of the 24% increase over FRA.  The conversation then turned to strategies to bridge the 2-5 year gap between retiring and applying for SS.
If you delayed or plan to delay Social Security, how did you/will you bridge the gap between retiring and applying for SS? 

Chickens are being euthanized because they are starving , chicken feed in short supply. Fowl play is suspected.

2) A phenomenon has occurred in Chicago, billionaire Ken Griffin just sold some properties at a 44% loss, from less than 10 years ago. hmmm. Also, an office tower in East St. louis was listed for three million large ,recently. 8 years ago, it commanded 300 million. A 99% loss. hmmm. As The late Bob Newhart might say,

Many words have been written about an economic, “soft landing,”,ahead,  so, I suggest not buying any  “hard currency” funds or etfs.
The VIX volatility index is expected to become even more volatile, perbe, mayhaps an investment in VICKS ( throat lozenges, and the like) products might be prudent.
When exuberant shills on TV and in print and online media tout their books and so forth ,such as, ” How To Get Rich Investing In Real Estate”

NOW THAT I’M RETIRED and have all the time in the world, I often use that time to worry about money. That brings me to a recent offer from Wells Fargo to get a $525 bonus for depositing $25,000 in a savings account for 90 days.
My immediate concern was whether the $525 would more than compensate for the paltry interest rate that Wells Fargo pays. A quick calculation determined that investing $25,000 in a Wells Fargo savings account and getting the $525 bonus—rather than the 4.25% I could then earn with Capital One 360 Performance Savings—would still leave me almost $260 ahead.

Whether in marriage, music, business, etc., it seems as though an astute , hard working and loyal partner, or in many cases, partners, thousands of versions and the like. will enhance the marriage, boost record sales and popularity, and make virtually any business better and more profitable.
Buffett said the late Charlie Munger was the architect of Berkshire, and the” abdominal no man”, while Warren Buffet was mostly in charge of executing the decisions , and so forth. 

As a recent retiree who is using my cash reserves to cross my two-year “bridge” to my SS claiming date, I need to decide from which of my tax-free accounts I should withdraw to supplement our living expenses as I move into 2025. I will have used up my taxable account funds by the end of 2024.
Given our household’s low taxable income during this period I have been doing strategic (fill up the tax bracket,

IN THE EARLY 1980s, I was a bachelor in Brooklyn. Unskilled at cooking, I didn’t eat at home unless my food came out of a cereal box or snack bag. For regular meals, I depended on a small neighborhood diner.
It was open for breakfast, lunch and dinner seven days a week. On weekends, it was my main source of food. Like so many diners I’ve visited since, it offered complete meals—soup, main course and dessert—for one price.

I’m wondering if any other HD readers have run into this policy at TRowe Price?
Here’s what happened:
I am trying to get my year end portfolio in alignment. I am trying to generate cash to fund my taxable withdrawals from two inherited IRAs for the next two years.
On 1/29 I sold a balanced fund in an account in mother’s name and transferred the proceeds into a money market fund in the same account.
Today I tried to do the same trade in my father’s account and a T Rowe supervisor said I could not do that due to their frequent trading policy as the first sale was >

Your last day of work was Friday. You wake up Saturday morning and you are retired, just another retiree, a 65 year old senior citizen perhaps and some people instantly perceive you as low income as well, just because you are retired. 
But what is really different? You are still you, your personality has not changed, your habits have not changed, what you like or dislike hasn’t changed. You still like some people and others not so much. 

YOU MIGHT RECALL my article warning about home title theft, where scammers try to claim ownership of your home. Since I wrote the article, the Federal Trade Commission has warned that one preventive measure, so-called title lock insurance, is bogus: It only alerts you to title fraud after the fraud has happened.
Thanks to a recent AARP article, there’s now greater awareness about home title fraud and ways to protect yourself. What can you do to prevent title fraud?