The Murder Hole of Consumer Finance

Thousands of Teachers. Firefighters, Police Officers, and Military Members are getting screwed with their student loans. In 2007, the government established a loan forgiveness program for public servants (PSLF). Under certain conditions, 120 months of payments leads to loan forgiveness no matter what the current balance. Since student loan debt has surpassed credit cards, this…

I Can Take It Or Leave It…..When Is My Retirement?

Wear a mask! That’s the best retirement advice we can give you. The second best – Read this week’s terrific links. The rising stock market may not be helping your pension. Bloomberg How can you afford to live to be 100? Wharton Magazine Which of these 6 types of retirees are you? MarketWatch Should you…

Seven Ways How Not To Die During Your Retirement

“I don’t mind dying; I just don’t want it to be my fault.”  Mental and physical health are the most meaningful asset classes. Enjoying money if you’re constantly sick, tired, injured, and depressed is impossible. Many retirees possess material wealth but too little of what’s relevant. Old age doesn’t cause sickness. An unhealthy lifestyle takes…

They Try To Anaesthetise The Way I Feel…..When Is My Retirement?

Getting crushed in a Black Friday stampede shouldn’t be a part of your retirement plan. Savings, not bored spending will get you to the place you need to go. Start your journey today by reading this week’s terrific links. Use your retirement to fund contentment. Retirement Field Guide Social Security scams are exploding. CNBC Money…

Delete Arrogance From Your Retirement Portfolio

Overconfidence destroyed more retirement plans than market meltdowns. Throwing Nationalism into the ring makes things worse. It’s normal to think your country is better than anyone else’s. While problematic in a retirement portfolio, this thinking during wartime is catastrophic. The fall of the British Fortress Singapore during World War II is a prime example. Singapore…

I Try So Hard Not To Get Upset…..When Is My Retirement?

A Turkey is fed well and taken care of up until Thanksgiving. Things change pretty dramatically. Don’t let this happen to your retirement. Read our terrific links and learn how to avoid fatal errors with your money. Baby Boomer retirements accelerated in 2020. Pew Research Center How does your retirement savings compare to others in…

Hey Siri What’s The Best Way To Ruin My Retirement Plan?

Moods are fleeting; consequences aren’t. Letting temporary emotions influence your investment decisions is like drinking salt water to quench your thirst. COVID-19 is a firehose of negativity, a form of second-hand background smoke that potentially can ruin your retirement. Behavioral scientists call this “ambient emotions” or background feelings. The Wall Street Journal elaborates. While ambient…

Don’t Save It For Later…..When Is My Retirement?

The President will at some point have to leave the White House. The same isn’t true for your retirement. You’re the master of this domain. Make the right choice by reading this week’s terrific links. Don’t let your adult children ruin your retirement. The Wall Street Journal Will a Biden presidency change your plans for…

The Ultimate Baby Bonds Aren’t What You Think

The ultimate Baby Bonds shouldn’t be composed of just stocks and bonds. How about also filling them with nutritious food? Baby Bonds are a noble idea, helping to decrease the startling wealth gap in our country between the rich and everyone else. According to Urban Wire: The racial wealth gap is the disparity in net…