I Need More Holidays In The Sun….When Is My Retirement?

It’s not shocking unvaccinated people are getting sick. Just like relying on science for your health, your retirement needs an evidence-based strategy. Start right here by reading this week’s terrific links. Many investors don’t know how to use target-date funds. CNBC How to create a super ‘Back Door Roth’ IRA. WSJ Some more great money…

Understanding The Harsh Reality Of Athletic Scholarships

Relying on an athletic scholarship is a dangerous way of financing college. While athletic scholarships sound sexy and exciting, the reality is undeniable. Only 2% of graduating high school athletes earn these awards annually. This number is the antithesis of many parents’ expectations. The disconnect has far-reaching consequences. Some parents sign their kids up for…

Pass The Tanning Butter…..When Is My Retirement?

Tropical Storms bring rain and wind but are temporary events. Your retirement could last for 30 years or more. Turn off the Weather Channel and start reading this week’s terrific links. Ageism costs our economy trillions. BusinessInsider Follow these ten rules for your retirement portfolio. The Big Picture There are people out there who think…

Attention Is The Cash Value Of Time

Despite what you think, time isn’t your most valuable asset. Attention supersedes all. You’re as free as your attention span permits. For example, living to a hundred doesn’t guarantee happiness. Focusing on every perceived slight, both real and imagined, wastes precious attentional bandwidth. Plotting revenge on your enemies plunders the cash flow of attention. It’s…

Better Think Of Your Future …. When Is My Retirement?

In 1776, everyone had the same retirement plan – death. We’ve come a long way. Give Me Retirement or Give Me Death no longer works. Check out this week’s terrific links to see what does. Happy July 4th! Don’t allocate what you can’t afford to lose. Pragmatic Capitalism  In your retirement portfolio, you get what you…

Investor’s Minds Have No Shame

Certainty is no indication of truth. The mind has no shame. Financial delusions run rampant amongst investors. Why does this happen? How is this behavior unhelpful? What can we do about it? Realize conductors aren’t running the show. If there were, they would be driving the local to Crazyville. Our minds are much more like…

I’ve Got Low Self Esteem….When Is My Retirement?

It’s a seller’s market regarding housing prices. The same can’t be said for your retirement plans. Nobody’s waiting to pay cash above the listing price here. Learn how to take control of your destiny by reading this week’s awesome links. The pitfalls of using retirement calculators. Morningstar Retirement is an archaic concept. Party at the…

What College Rankings DON’T Tell You

College rankings aren’t what they appear. This isn’t saying, top-ranked schools don’t provide great education and terrific networking experiences leading to well-paying jobs. These facts are indisputable. The question becomes at what price do the select few benefit to the detriment of everybody else. The U.S. News Best Colleges rankings possess unhealthy monopoly-like power over…

It’s Another Blue Monday…..When Is My Retirement?

Happy Belated Father’s Day! A great gift for your Dad is helping him plan a well-deserved retirement. Start by sending him this week’s terrific links. Predicting inflation during your retirement isn’t easy. A Wealth of Common Sense What does it take to manage your retirement account prudently? HumbleDollar Is the 60/40 retirement portfolio still valid?…

Active Investing Isn’t What You Think

Retirees need to be active investors. Nothing to do with stock picking. Grandpa shouldn’t be watching TikTok “investment” videos and buying AMC stock or Crypto Currency on margin. Index funds are still the best bet for young and old investors. My colleague, Ben Carlson, reinforces this concept. “The biggest threat to long-term returns is your…