Maurie Backman

Maurie Backman Key Points Medicare's open enrollment period in the fall gives you a chance to make changes to your coverage.

Maurie Backman Quick Read Large RMDs can trigger Medicare IRMAA surcharges, pushing 2026 Part B premiums from $203 to as high as $690 per month.

Maurie Backman Quick Read Spreading a Roth IRA conversion over several years instead of all at once keeps more money taxed at lower federal rates.

Maurie Backman Key Points It's natural to want to unload some risk in your portfolio during retirement.

Claiming benefits as late as possible doesn't always pay off. Financial experts often describe age 70 as the "optimal" time to claim Social Security.

Maurie Backman Key Points Filing for Social Security at 70 means locking in boosted monthly checks for life.

If you're approaching retirement, it's natural to become more concerned about protecting your nest egg.

It's a simple, hands-off way to invest for the long haul. Becoming a millionaire may sound like an ambitious goal.

Claiming Social Security at 62 permanently cuts monthly benefits by 30%, but the right claiming age depends on health, finances, and goals.

The advice still has merit provided you understand a key nuance. If you've spent any time reading about retirement planning, you've probably come across the 4% rule.