People hate paying taxes. The majority agree upon a few things in our polarized world, with a few exceptions. Despising taxes are one of those things. Like anything else, our perceptions shape our beliefs. Reality is often absent from the picture. Alabama football coach Nick Saban offers an outside-the-box opinion concerning certain forms of taxes….
Let’s Sink Another Drink To Give Me Time To Think…..When Is My Retirement?
The most significant indicator of lifespan is lung capacity. Breathe deeply into your retirement plan. Shallow goals lead to unfortunate outcomes. Start by checking out this week’s terrific retirement links. Consider these expenses when planning your retirement. MarketWatch Is Long-Term Care Insurance Worth It? Kindness Financial Planning Adding buckets to your retirement portfolio might work…
Plan For Change Or Change Your Plan
Getting lost is stressful. The financial markets are unchartered territory—anxiety compounds when uncertainty rears its head. The same goes for becoming disorientated in the woods. Every year, some hikers enter the woods and never return. Refusing to change their mental model leads to panic. Deadly consequences result from unrealistic perceptions. Change isn’t acknowledged, and the…
Rights, Rights, You Do Have Rights…..When Is My Retirement?
Real wealth is knowing yourself. Bear markets have zero effect on self-awareness. Read this week’s terrific retirement links and reinforce this superpower. Don’t strive for perfection in your retirement plan. Darius Foroux How much is in the average American 401(k) plan? MarketWatch Don’t become addicted to Investment Porn. The Onveston Letter How many people are…
Don’t Project Irrational Expectations Upon Your Kids Or Your Portfolio
Not all projections are evidence-based. Parenting is a case in point. Too many parents project their failed dreams onto their offspring. There are many reasons why childhood anxiety and depression rates are soaring. Along with Covid restrictions and social media FOMO, unrealistic parental demands are at or near the top of the list. Source Abbigail…
Mellow Out Or You Will Pay….. When Is My Retirement?
Being self-aware never got anybody into trouble. Do the same with your retirement plan. Don’t make the perfect the enemy of the good. Start your quest by reading this week’s terrific retirement links. There’s a surprising reason workers quit their jobs. Klement on Investing Get these ten medical tests in retirement. MarketWatch Your savings rate,…
Choice Is A Precious A$$et
Comparing yourself to others is a loser’s game. There’s ALWAYS someone with more. Last week, my best friend and I competed in a Spartan Race at Boston’s Fenway Park. This hellscape consists of a 3.5-mile run along the stadium’s stairs and twenty “obstacles” interspersed along the way. These included rope climbs, wall vaults, monkey rings,…
The Killing Moon Will Come Too Soon…..When Is My Retirement?
Boundaries are the ego’s invention. We’re all connected whether you like it or not. The same goes for your retirement plan. Putting it into a silo invites misery. Connect yourself to knowledge by reading this week’s terrific links. What do you spend your money on? A Wealth of Common Sense Bear Market checklists are…
Don’t Forget To Include This Asset In Your Estate Plan
A pricey estate attorney can’t bequeath this asset to your beneficiaries. Sometimes multi-millionaires are at a considerable disadvantage to the common folk. Your health impacts future generations. Simple exercise provides more lasting value than stocks and bonds. A recent landmark study turned up in The Washington Post. Based on research in mice, the findings suggest…
They Have The Sun And They Have The Palm Trees…..When Is My Retirement?
Money can make you less miserable but not necessarily happy. Make the most out of your wealth by reading this week’s terrific retirement links. Is grandparenting good for your retirement? MarketWatch Owning the right expectations is essential for your retirement plan. Morgan Housel What’s your enough number? GEN Y PLANNING Where do you want to…