More isn’t always better. This rule applies to both your health and money. Prescription drugs are the most concentrated position in many retirees’ portfolios. The WSJ recently published an article on the dangers of Polypharmacy, patients ingesting eight or more medications simultaneously. They uncovered some alarming data concerning seniors’ healthcare. In 2022, 7.6 million seniors…

The first rule of being successful is not dying. Rolling Stone’s guitarist Keth Richards is a case in point. Last week, Richards celebrated his 82nd birthday. Unlike his bandmates Charlie Watts and Brian Jones, Richards is still shredding. Amazingly, the average American Man expects to live to 75.8, and only 7% of longevity is attributed…

We keep raising the bar on what it takes to live comfortably in America. I didn’t say rich because that is a relative term and differs for everyone. What’s essential is separating facts from reality. Two recent articles come to mind. The first is a viral post by Michael Green, which states that our idea…

Don’t fall for the fragile genius trap. Appearances are deceiving in both life and investing. Many avoid challenging situations because they desire to appear naturally talented and flawless. Angela Duckworth created a term for this mindset in her best-selling book, Grit. She coined the phrase Fragile Perfect.  I frequently observed this phenomenon while teaching middle…

Don’t let low-quality longevity overshadow your retirement. It’s not about how long you live, but about the quality of your life. Retirement investors should shift their focus from trying to create the perfect portfolio and spending rates to something called health-adjusted life expectancy. The simple explanation for this term is how long you will live…