It’s onerous, draining a swamp. The DOL recently revealed its highly anticipated final fiduciary rule. Its main component is protecting retirement savers by changing the investment advice fiduciary standard set by the Employee Retirement Income Security Act and the Internal Revenue Code. Forbes summarizes the meat of the new standard: In short, retirement investment advisors…
May 2024
When Is My Retirement? – Nevermind
Planning for retirement is essential, but the future is just a thought. This moment is the only reality. Use it wisely by reading this week’s excellent links. How will demographics influence your retirement? A Wealth of Common Sense Three tips to improve your retirement. The Retirement Manifesto Bitcoin and Gold aren’t going to save your…
Real Wealth Is Defined By One Word
ENOUGH Thats it. Ponder your life for a moment. Your home, career, hobbies, family, and other possessions were all once distant desires. At one point, your world revolved around acquiring these items. At this moment, many reading this blog have them all and more. Instead of focusing on having enough, moving the goalposts becomes the…
They’re Saying Things I Can Hardly Believe…..When Is My Retirement?
If you’ve won the game, stop moving the goalposts. Many people retire with more money than they ever imagined but still spend their days bathing in anxiety. Read this week’s links and learn how to break this destructive cycle. Diversification needs to be a significant component of your retirement plan. A Wealth of Common Sense…
How To Blow-Up Your Portfolio In Six Minutes
Well, life is too short, so love the one you got, Cause you might get run over, or you might get shot. – Sublime There’s no hedging the Apocalypse. Bitcoin and Gold are no hedge against Nuclear War. Annie Jacobsen wrote a terrifying book aptly named Nuclear War. Based on heaps of previously classified information,…
All You Do Is Talk About You…..When Is My Retirement?
You can’t control unfortunate events, but you have all the power to react to them. React positively by reading this week’s terrific retirement links. Don’t allow a frugal mindset to ruin your retirement. Dan Haylett How to avoid three costly Medicare mistakes. Boston College Make sure you hire an honest financial advisor to help plan…
Choose Loyalty In An Infinite Choice World
Loyalty is King. Unbreakable bonds of human connection are all that matter. Think of the scene from Good Will Hunting when the elitist college professor cluelessly asks Wil’s psychologist, Sean, why his prize math student continues to chill with his Southie Construction Worker/Mechanic pals. Why does he hang out with those retarded gorillas, as you…
Never Mind What Your Selling, It’s What You’re Buying…..When Is My Retirement?
Everyone desires many things, but a sick person only wants one. Keep this in mind when planning your retirement. Check out this week’s health-themed retirement links. How to get more time in retirement. Of Dollars And Data Fitness is a lifelong journey. Retire by 40 Old Age is beginning later in life. ScienceBlog Some advice…
Doing Nothing Is Hard Work
It’s not easy doing Nothing. Despite what many people think, not changing a thing can be the solution to attaining health and wealth. Take a look at sleep. While exercise and diet are vital wellness ingredients, the best-laid diet and workout program collapse like a house of cards without proper rest. Sleep is essential for…