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The Talley Perspective

Straightforward thinking on taxes, retirement, investment decisions, and building a financial life that actually works.

What Happens to Company Stock in My 401(k) When I Retire?

Retirement Planning

What Happens to Company Stock in My 401(k) When I Retire?

Company stock inside a workplace plan follows a different set of tax rules than everything else in the account, and those rules only stay available if you handle the stock before you move the account.

Aug 12, 2026 9 min read
Can I Take Money Out of My 401(k) at 55 Without the Penalty?

Retirement Planning

Can I Take Money Out of My 401(k) at 55 Without the Penalty?

Often yes, thanks to a provision usually called the rule of 55. The two things people get backwards are which account it applies to, and how easy it is to cancel by accident.

Aug 12, 2026 8 min read
What will my life actually look like when I retire?

Retirement Planning

What will my life actually look like when I retire?

The math matters, and it's only half the plan. The other half is what your days are actually for once the career chapter closes.

Aug 12, 2026 6 min read
Am I Behind? Behind on What, and Compared to Whom?

Retirement Planning

Am I Behind? Behind on What, and Compared to Whom?

The question has two holes in it. Until you say what you are behind on and who you are measuring against, there is nothing there to answer. Here is how to turn the feeling into arithmetic.

Aug 10, 2026 5 min read
Turning Your Savings Into a Retirement Paycheck: A Simple Way to Think About Running Out

Retirement Planning

Turning Your Savings Into a Retirement Paycheck: A Simple Way to Think About Running Out

The question we hear most is "will I run out of money?" Here is a plain-English way we help people turn a lifetime of savings into a paycheck that can weather a bad market.

Aug 6, 2026 7 min read
Social Security: When Should I Claim, and Will It Even Be There?

Retirement Planning

Social Security: When Should I Claim, and Will It Even Be There?

Two fears usually ride together here: that the program will vanish, and that you will pick the wrong year to turn it on. Here is the straight answer to the first, and a plain way to think about the second.

Aug 6, 2026 8 min read
Health Insurance If You Retire Before 65: The Bridge to Medicare and the Subsidy Cliff

Retirement Planning

Health Insurance If You Retire Before 65: The Bridge to Medicare and the Subsidy Cliff

For a lot of people the real thing standing between them and retiring is not the portfolio. It is health insurance before Medicare kicks in. Here is how that gap works, and why the premium is partly a planning decision.

Aug 6, 2026 8 min read
Pension: Lump Sum or Monthly Payments? How to Think About a One-Way Decision

Retirement Planning

Pension: Lump Sum or Monthly Payments? How to Think About a One-Way Decision

It is one of the biggest financial decisions many people ever make, it usually cannot be undone, and the internet is full of confident answers that ignore your actual life. Here is a plain way to think it through.

Aug 6, 2026 8 min read
Which Account Do I Spend First in Retirement? Withdrawal Order in Plain English

Retirement Planning

Which Account Do I Spend First in Retirement? Withdrawal Order in Plain English

There is a famous rule of thumb for which account to draw from first. It is a fine starting point and a poor finish line. Here is why the order depends on you, and the house rules worth knowing.

Aug 6, 2026 8 min read
How Do I Get Wealth Out of My Business (and Into Retirement)?

Business Owner Planning

How Do I Get Wealth Out of My Business (and Into Retirement)?

For a lot of successful owners the business is the retirement account, but the wealth is trapped inside it. Here is a plain-English way to think about moving wealth out of the business and framing the sale as your retirement event.

Aug 6, 2026 8 min read
Is the Annuity or Whole-Life Policy I Was Sold Actually Right for Me? An Honest Second Opinion

Retirement Planning

Is the Annuity or Whole-Life Policy I Was Sold Actually Right for Me? An Honest Second Opinion

An honest second opinion. Some of these products do a real job well. Many were sold for the commission and duplicate a job your plan already covers. Here is how to read what you actually own.

Aug 6, 2026 8 min read
Can I Afford to Spend More in Retirement? The Upper Guardrail

Retirement Planning

Can I Afford to Spend More in Retirement? The Upper Guardrail

For a lot of careful savers the real risk is not running out. It is passing away with far more than you needed, having skipped things you could easily have afforded. Here is the case for an upper guardrail.

Aug 6, 2026 7 min read
Do I Pay State Taxes on Retirement Income in Tennessee?

Tax Planning

Do I Pay State Taxes on Retirement Income in Tennessee?

The short answer is no. The useful answer is knowing where taxes still show up for a Tennessee retiree, and why the missing state layer makes the remaining planning even more valuable.

Jul 22, 2026 10 min read
What should I do with my 401(k) when I retire?

Retirement Planning

What should I do with my 401(k) when I retire?

Rolling to an IRA or staying in the plan is the part everyone asks about, and it is usually the least important of the three decisions hiding inside this question. Here is how to take them one at a time.

Jul 22, 2026 8 min read
Should I Get a Second Opinion on My Retirement Plan?

Financial Planning

Should I Get a Second Opinion on My Retirement Plan?

When it is worth getting, what an honest one covers, and the one test that separates a real review from a sales pitch: it has to be able to end with stay where you are.

Jul 5, 2026 10 min read
The Five Years Before Retirement: What Has to Happen, and In What Order?

Retirement Planning

The Five Years Before Retirement: What Has to Happen, and In What Order?

The five years before the last paycheck decide more than the thirty before them. Here is what has to happen in that window, in order, and what an advisor is actually for during it.

Jul 5, 2026 10 min read
Health Insurance Options Before Age 65

Retirement Planning

Health Insurance Options Before Age 65

If you want to retire before Medicare, health insurance is usually the first real obstacle. Here are the main options and the planning traps that matter.

Jun 15, 2026 8 min read
What's Your Retirement Number Based On?

Retirement Planning

What's Your Retirement Number Based On?

Most people approaching retirement have a number in mind. Almost none of them have a plan that produced it.

Mar 17, 2026 10 min read
The Retirement Risk Nobody Talks About

Retirement Planning

The Retirement Risk Nobody Talks About

Retirement risk is not only market decline. Sequence, timing, withdrawals, and tax decisions can reshape the plan just as much.

Mar 15, 2026 10 min read
What Changes as Financial Independence Gets Closer

Retirement Planning

What Changes as Financial Independence Gets Closer

As financial independence gets closer, growth stops being the only goal. Coordination, tax timing, and risk control start to matter more.

Mar 2, 2026 10 min read