The RBC Blog

The RBC blog provides inspiring ideas and beneficial strategies to help you prepare for retirement. Additionally, we broadcast timely updates, useful tips & tricks, and vital notifications pertaining to the Retirement Budget Calculator.

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Investing In Retirement
November 4, 2022
Investing In Retirement

How to develop an investment strategy for retirement

Previous Posts

Retirement Calculator: How much money do I need to retire?
October 25, 2022
Retirement Calculator: How much money do I need to retire?

If you're close to retirement, you may be wondering how much money you need to have saved.Or maybe you're within 5 years of retirement and want to get a head start on planning. Either way, Retirement Calculator: How much money do I need to Retire? is the perfect book for you!

New research shows the bucket strategy is better than previously thought.
September 26, 2022
New research shows the bucket strategy is better than previously thought.

After spending many years accumulating assets for retirement, you need a strategy for retirement withdrawals. How do you choose between a traditional static portfolio, the infamous bucket strategy, an upwards glidepath, or some other strategy?

The Best Retirement Planning Calculator: Comprehensive Features to Help You Plan for Your Future
August 13, 2022
The Best Retirement Planning Calculator: Comprehensive Features to Help You Plan for Your Future

When planning for retirement, it is important to have as much information as possible to make the best decisions so that you can have the most confidence heading into retirement. That's why using a retirement calculator is such a valuable tool.

Tax-efficient Withdrawal Strategies
June 25, 2022
Tax-efficient Withdrawal Strategies

A comparison of various strategies to reduce taxes when withdrawing from retirement accounts.

 How To Enter Your Paycheck Into The Retirement Budget Calculator
April 19, 2022
How To Enter Your Paycheck Into The Retirement Budget Calculator

The purpose of this article is to demonstrate how Barney, who is close to retirement, would enter his paycheck and other taxable income into the RBC budget to get an accurate estimate of federal taxes.

How Much Do I Need To Retire? The Ultimate Guide
March 29, 2022
How Much Do I Need To Retire? The Ultimate Guide

When it comes to retirement planning, there are a lot of factors to consider. How much money do you need to retire? What will your monthly expenses be? How long will your retirement savings need to last? These are all important questions that need answers. In this article, we will provide an in-depth guide on how to calculate how much money you need for retirement.

The 7 Categories of Retirement Expenses and 65 Expenses to Include in Your Budget
March 19, 2022
The 7 Categories of Retirement Expenses and 65 Expenses to Include in Your Budget

When planning for retirement, it is important to include all of your potential expenses. This can be tricky, as there are many different factors to consider. In this blog post, we will discuss the 7 categories of retirement expenses and then provide a list of 65 specific expenses you will want to include in your retirement spending plan. By taking into account all of these costs, you can create a realistic plan that will help you enjoy a comfortable retirement! You may utilize the Retirement Budget Calculator for free to assist you to plan your spending for retirement.

How To Create A Free Retirement Budget
March 17, 2022
How To Create A Free Retirement Budget

Are you worried about your retirement? You're not alone! Retirement planning can seem daunting, but it doesn't have to be. In this blog post, we will discuss how to create a free budget for retirement. We will go over different strategies that you can use to figure out how much you spend which in turn will help you know if you have saved enough for retirement.

Getting Your Spouse On Board With Retirement Planning
February 28, 2022
Getting Your Spouse On Board With Retirement Planning

In many marriages, one spouse will often take the lead in handling the couple’s financial tasks, including retirement planning, while the other is happy to let the finance person handle all the details.

Your Financial Dashboard As You Prepare For Retirement
February 24, 2022
Your Financial Dashboard As You Prepare For Retirement

As a premium subscriber to the retirement budget calculator, you will be greeted with your Dashboard after you log in.

Buying Vs Leasing A New Car
February 4, 2022
Buying Vs Leasing A New Car

Will you buy or lease your next car?

How To Create A Retirement Budget
January 27, 2022
How To Create A Retirement Budget

While planning your retirement, you’ve probably asked yourself, “Will my money last for the rest of my life?”

Important Numbers To Update Every January
January 15, 2022
Important Numbers To Update Every January

Every January there are a few important numbers you will want to update in your Retirement Budget Calculator. Here are my top 3 suggestions:

Should you pay off your mortgage before retiring?
September 17, 2021
Should you pay off your mortgage before retiring?

Deciding whether to pay off your mortgage is a critical financial planning decision, especially for those with limited savings. Paying off the mortgage offers improved cash-flow and peace of mind, but the financial costs may be too high for some retirees.

Retirement Spending Calculator
August 27, 2021
Retirement Spending Calculator

The reason you saved and invested in your 401k and IRA is so that one day you will have saved enough to be able to retire. But what is enough?

Asset allocation during retirement: Structuring your portfolio to meet your cash flow needs
June 27, 2021
Asset allocation during retirement: Structuring your portfolio to meet your cash flow needs

Asset allocation is one key to creating a cash flow strategy that works in retirement. But the cash flow strategy that worked during the wealth accumulation years may not work for a retiree. Retirees should take some time to re-evaluate their asset allocation, and make sure that it fits with their distribution strategy.

7 Popular Retirement Withdrawal Strategies
May 24, 2021
7 Popular Retirement Withdrawal Strategies

Retirees typically want to spent their retirement years with the people they love without worrying about their money. These popular portfolio withdrawal strategies are designed to help retirees fund their retirement without fear of running out of money.

What is your Financial Independence (FI) Number?
March 23, 2021
What is your Financial Independence (FI) Number?

Financial independence means you have enough money to cover all your expenses without working again. We share how to calculate your personal financial independence number, so you can see whether you're on track to achieve financial independence before retirement.

Optimizing Medicare Spending in Retirement: 6 Tips for people age 63 and up
February 13, 2021
Optimizing Medicare Spending in Retirement: 6 Tips for people age 63 and up

Healthcare costs are a non-negotiable line item in your retirement budget, but understanding how Medicare works can help you optimize your spending. This article covers six tips for keeping healthcare spending costs low while keeping quality high.

The top four questions to ask before taking Social Security
January 20, 2021
The top four questions to ask before taking Social Security

No retirement budget is complete without factoring in Social Security Income. But deciding when to take Social Security can be a challenge. These are the four questions to answer before filing for Social Security.

Buckets of money: An investment strategy for retirement planning
December 23, 2020
Buckets of money: An investment strategy for retirement planning

The bucketing strategy divides a retirement portfolio into different risk segments called buckets. Retirees can use their cash bucket to cover their day-to-day budget needs. The remainder can be invested in riskier assets to promote growth to cover a retiree's future needs.

7 Budget Categories When Planning For Retirement
December 13, 2020
7 Budget Categories When Planning For Retirement

Having a good budget will help you have more confidence as you prepare for retirement. Here is a list of the 7 primary categories when planning for retirement.

Late start to retirement saving? 5 tips to make your retirement budget work
December 2, 2020
Late start to retirement saving? 5 tips to make your retirement budget work

Getting a late start to retirement savings can make a comfortable retirement seem impossible. But people in their 40's, 50's and 60's can still take steps to make the retirement budget work.

Easy Retirement Calculator with Great Visuals
November 5, 2020
Easy Retirement Calculator with Great Visuals

Preparing to retire can cause worry and uncertainty. An easy to use retirement calculator with great visuals can help provide a better understanding of retirement readiness.