I Have A Lust For Life…..When Is My Retirement?

99.4% of brain activity doesn’t occur in consciousness. Use the little that does to read this week’s terrific retirement links. Market corrections are normal. A Wealth of Common Sense Older men are more likely to panic sell. Bloomberg Do these things before retiring. HumbleDollar It’s possible to do over social security. InvestmentNews Take advantage of…

Five Reasons You MUST Fill Out The FAFSA

The misinformation virus infects society on many different levels. What makes you think college planning isn’t part of its death grip? There’s no place more contaminated than the Free Application for Federal Student Aid. (FAFSA) About 25% of eligible families don’t fill out the FAFSA, forfeiting over $2.6 BILLION in free aid. The current trend…

What’s The Best Way To Set Financial Goals?

Most goals don’t cross the finish line. There’s a good reason why 80% of New Year’s resolutions fail. Why does this occur? Choosing the wrong goals is a large part of the problem. Creating objectives we have no power over is a terrible strategy. Take a look at The Trichotomy of Control. It consists of…

Shrinkage Doesn’t Belong In Your Retirement Plan

It’s a small world, after all. For too many retirees, this is their reality. Unfortunately, some of the problems are self-induced. My colleague, Nick Maggiulli, wrote a terrific post on this subject. Relationships more than money determine the quality of life for retirees. Robert Waldinger confirmed this point in a TED talk: When we gathered…

Financial Unintended Consequences Karma!

Getting what you wish for can be problematic. The acronym in the title describes unanticipated outcomes. I recently finished a great Sci-Fi book,  Project Hail Mary, by Andy Weir, the author of The Martian.  The plot centers on the sun being attacked by one-celled organisms called Astrophage. Their voracious appetite for solar energy is bad…

Stop Apologizing For Things You’ve Never Done…..When Is My Retirement?

Climate change is real. So is the fact you’re getting older and closer to retirement daily. Are you ready? Start making proper preparations by reading this week’s terrific links. Having friends is a huge part of retirement. Dollars and Data Here’s some great advice for your kids and grandchildren. Humble Dollar Putting off retirement is…

Don’t Over Medicate Your Retirement Portfolio

Too much of anything is harmful. This includes medications and investments. Diworsification is real. Our healthcare system is the epicenter. Polypharmacy is defined as the regular use of five or more drugs by one patient. Keeping track of all these medications may be the least of your problems. This issue is mainly concentrated in the…

You’re Bound To Get What You Deserve…..When Is My Retirement?

Three-day weekends are great. The same can’t be said for an underfunded retirement. Invest in yourself.  Read this week’s terrific links. Happy Labor Day! Your most precious retirement resource is not what you think. Today Purpose Many people don’t understand the price they pay for their 401(k). The Washington Post How to get back on…