There is nothing so disturbing to one’s well-being and judgment as to see a friend get rich. – Charles Kindleberger Comparison is the thief of joy. Rising wealth is both a blessing and a curse. Soaring expectations distract us from happiness. Often, circumstances don’t matter. What’s important is how much stuff the other guy possesses….
I’ve Got Better Things To Do…..When Is My Retirement?
You won’t know it’s the last time when you do something for the last time. Embrace the moment by reading this week’s terrific retirement links. Don’t stop experimenting during retirement. Retirement Manifesto You will never find happiness walking on the hedonic treadmill. More To That Most retirees desire to age in place. HousingWire How to…
Not In My Back Yard
The Iron Law of Supply and Demand is Indestructible. We try our best to alter the equation but fail miserably. Low supply and high demand lead to exorbitant pricing. Housing isn’t immune to Economics – 101. People search for simple answers to complex problems. Our housing dilemma requires a history lesson, not a sound byte….
It’s The Same Old Theme….When Is My Retirement?
Nothing in life is guaranteed, but taking chances by going forward instead of retreating into safety gives the best opportunity for success. Take a step in the right direction by reading this week’s terrific retirement links. Life can get in the way of the best financial plan. A Wealth of Common Sense Retirement is ever-changing…
Lobbyists vs. Investors
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…
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…
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