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August 5, 2025
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The Admiral Staff
The article discusses the “4% rule” for retirement withdrawals, which suggests withdrawing 4% of savings in the first year and adjusting for inflation annually. While initially popular, experts now question its rigidity, with some suggesting a 6% rule or advocating for personalized financial plans instead. The article debunks three common retirement spending myths: that conservative spending is always best, that savings won’t grow in retirement, and that all retirees face the same financial challenges. It emphasizes the need for flexible spending
July 31, 2025
By
The Admiral Staff
The article suggests that soon-to-be retirees can ease into retirement and boost their financial security by exploring low-stress side hustles. It highlights the benefits beyond just extra income, including staying mentally engaged, learning new skills, and fostering social connections. Recommended side gigs include online surveys, pet sitting/dog walking, rideshare driving, online tutoring, user testing, and playing games for money. The article emphasizes finding flexible options that fit a busy schedule, avoiding scams, and prioritizing well-being
July 31, 2025
By
The Admiral Staff
This article explores ways to earn extra money using your smartphone. It highlights nine legitimate methods, including taking surveys, testing apps and websites, earning cashback on purchases, selling unused items, utilizing gig apps (like DoorDash and TaskRabbit), selling photos, playing games for cash, freelancing, and renting out belongings. While these options won’t replace a full-time income, they offer a way to supplement earnings, particularly for those with flexible schedules or seeking extra income. The article also cautions readers
July 30, 2025
By
The Admiral Staff
The article suggests numerous free indoor activities to combat boredom and save money during hot weather. These include exploring virtual museum tours, earning cash through online surveys, learning new skills via YouTube, exercising at home, hosting DIY game nights, decluttering and selling unwanted items, accessing free ebooks and audiobooks, cooking new recipes, journaling, and watching documentaries. The article emphasizes shifting perspective from feeling “stuck” indoors to embracing these opportunities for relaxation, productivity, and enrichment.
July 29, 2025
By
The Admiral Staff
Losing a parent brings emotional challenges, but also potential IRS tax issues that can be costly and complicated. Key points include: outstanding debts don’t disappear, final and estate tax returns are required, executors can be personally liable, joint accounts and property with tax liens can be affected, unreported income triggers scrutiny, inherited IRAs have mandatory withdrawals, and Social Security overpayments must be returned. Additionally, gifts over a certain amount may trigger gift tax, and life insurance payouts can inflate an estate’s
