We are surrounded by death even if our gaze is averted. Focus on planning a successful retirement by making the most out of the one life you can count on. Read this week’s terrific links and learn more. Should older people own more stock? Monevator Your retirement plan needs a dose of Vitamin O. Abnormal…
Sports Gambling Is Tax Hell
The lottery is often referred to as the idiot tax. We have a new contender ascending in the rankings. The lack of clarity on how online sports betting is taxed may make gamblers question whether their precarious prop bets are worth the hassle. In 2018, the Supreme Court declared a national gambling ban illegal. Since…
It’s Coming Back Around Again….When Is My Retirement?
You don’t need to see different things; you must see things differently. Change your views on retirement planning by reading this week’s terrific links. Staying the course is your only option if you believe you can’t predict the future. A Wealth of Common Sense The number one retirement challenge isn’t what you think? CNBC A…
Do You Suffer From Headline Stress Disorder?
Rule #1 Never Mix Investing with Politics. Rule #2 Always follow Rule#1. Political stress is toxic to both your health and wealth. The constant vitriol affects your mind, body, and portfolio. Psychologists have coined a term for this syndrome- Headline Stress Disorder. Before discussing money, let’s dive into why this affliction is so prevalent and…
My Boiling Point’s About to Show…..When Is My Retirement?
Wealth isn’t all about money. It’s much easier to add numbers than quantify life satisfaction. Learn about what’s important in this week’s retirement links. Simplify your retirement portfolio. Morningstar Here’s how to apply for Social Security. Financial Ducks In A Row A Sense of Purpose is more important than wealth. Of Dollars And Data Exercise…
The Beauty Of Enough
Most of us are billionaires who squander our most precious asset – time. Time billionaires are commonplace. Despite what people think, Baby Boomers aren’t our wealthiest citizens. Young people with little to speak of regarding financial assets have something nonagenarians Warren Buffet and Charlie Munger can only dream about. Ninety years of compound interest provides…
I’m Seeing Red…..When Is My Retirement?
Being a News Junkie won’t help your retirement planning unless you consider needless worry and anxiety assets. Spend your time more productively and read this week’s terrific links. The 4% rule is too conservative. Mad Fientist Can money buy happiness? It depends. Penn Today The secret to wealth is knowing when you have enough. Free…
Playing Poker With The Devil
If you don’t know who the sucker is at the poker table – it’s probably you. College Admissions is a high-stakes poker game. It’s one of the few industries where consumers purchase a product but don’t know the final price. Schools offer two types of aid, need-based and merit. Need-based aid is based on a…
I’m Not The Same As When I Began…..When Is My Retirement?
Eighty percent of life is showing up. Show up today and read this week’s terrific retirement links. Are frugal people rich? Darius Foroux You can reinvest your RMD. Morningstar What if you run out of life? Freedom Men and Women view retirement differently. Forbes Is a “Tarzan” retirement part of your future? NY Post …
Do You Feel Younger Than Your Chronological Age?
Your answer may determine the happiness quotient of your retirement. Subjective age is a bizarre concept. According to The Atlantic, Adults over 40 perceive themselves to be, on average, about 20% younger than their actual age. We don’t play this game with our other physical characteristics. The same view doesn’t apply to differing perceptions of our…
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