It’s impossible to manage something we can’t define. We quantify what’s easily countable, not what matters most. Investors with average I.Q.s have a clear path to a seven-figure portfolio. Invest 10-20% of your salary in a basket of low-cost index funds. Place the process on auto-pilot through dollar-cost averaging and allow compounding to do the…
They Say It Would Be Wine And Roses…..When Is My Retirement?
Saving money but squandering time doesn’t bring contentment. Read this week’s terrific retirement links to learn how to manage your two biggest assets. Retiring from a high-powered job is difficult. Harvard Business Review The Pandemic didn’t ruin investors’ retirements. A Wealth of Common Sense Investing is simple but not easy. Darius Foroux How to turbocharge…
What’s The Most Overlooked Component Of Your Financial Plan?
“I guess it comes down to a simple choice – get busy living or get busy dying.” The Shawshank Redemption (1994) Retirement is more than just years. The two most integral terms regarding your retirement have zero to do with stocks and bonds. Understanding the difference between Healthspan and Lifespan drives the quality of your…
I’ve Read One Too Many Books…..When Is My Retirement?
Don’t let your age be the sole determinant of how long you’ve lived. Read this week’s terrific retirement links and make your mark upon society. Five things you need to know before you retire. The Retirement Manifesto Portfolio diversification has a steep price. A Wealth of Common Sense Only thirty percent of retirees did enough…
How To Avoid Becoming Miserably Rich
Don’t permit your wealth to ruin your happiness. It turns out that how you answer this question will impel your propensity to be miserably rich. Would you prefer being special rather than happy? People who choose to be special gravitate toward addiction. These aren’t the poor souls sleeping in cardboard boxes on a San Francisco…
Someday We’ll Look Back And Laugh…..When Is My Retirement?
Being honest and humble about your weaknesses is a superpower. Become more self-aware by reading this week’s terrific retirement links. Is a wealth tax going to become a reality? FA How to use an HSA in retirement. Kindness Financial Planning Does your retirement need some inconvenience? The Free Press Three reasons to choose a Roth…
Unleash The Power Of Conscious Spending
Overwighting distraction is the new black. We have all seen videos of people walking into glass doors, fountains, etc., while mindlessly staring at their smartphones. Drenched clothes or needing a few stitches are the least of our problems. Americans notoriously spend billions of dollars on stuff they don’t want or need. This is more commonly…
The Past Was Yours, The Future’s Mine…..When Is My Retirement?
“Everything is born from change.” Change how you think about retirement by reading this week’s terrific links. Should you move to a car-free community? Mr. Money Mustache Don’t fall for these three retirement myths. Financial Advisor An hour today is worth more than an hour in a decade. RAD Early IRA distributions may save…
Years Don’t Make You Old
Getting old doesn’t have to suck. Like anything else, it all depends on your attitude. Samuel Ullman composed a poem explaining how age is only a number if you have the right mindset. “Youth is not a time of life; it is a state of mind; it is not a matter of rosy cheeks, red…
Everyday Is Like Sunday…..When Is My Retirement?
In retirement, you need to find things that make you happy, even if they don’t make you unique. Start your quest by reading this week’s terrific links. Don’t listen to people who are right once in a row. A Wealth Of Common Sense Add connections to your retirement portfolio. Across The Margin Don’t let winter…