It’s a small world, after all. For too many retirees, this is their reality. Unfortunately, some of the problems are self-induced. My colleague, Nick Maggiulli, wrote a terrific post on this subject. Relationships more than money determine the quality of life for retirees. Robert Waldinger confirmed this point in a TED talk: When we gathered…

Getting what you wish for can be problematic. The acronym in the title describes unanticipated outcomes. I recently finished a great Sci-Fi book,  Project Hail Mary, by Andy Weir, the author of The Martian.  The plot centers on the sun being attacked by one-celled organisms called Astrophage. Their voracious appetite for solar energy is bad…

Too much of anything is harmful. This includes medications and investments. Diworsification is real. Our healthcare system is the epicenter. Polypharmacy is defined as the regular use of five or more drugs by one patient. Keeping track of all these medications may be the least of your problems. This issue is mainly concentrated in the…

Self-deception is a raging epidemic. A myriad of factors influences our point of view. Genes, family life, friends, experiences, and other items determine perceptions. Why do we believe our experiences are reality? James Low reinforces this concept. These stories have a tilt or bias. This generates a selectivity in our attention which blocks many of…

Last week, we dropped our first twin son off to college in South Carolina. Starting and funding a 529 plan before birth removed all concerns about the upcoming bills. A college savings plan doesn’t pay for everything. It won’t remove the heartache of the last goodbye. Eighteen-year breakups are never easy. No amount of money…