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…
You Can’t Fool All The People All The Time…..When Is My Retirement?
Your retirement won’t be decided by the Electoral College and there are no recounts. Get it right the first time. Start by reading this week’s terrific links. Just 6% of people who own HSA accounts invest the money. New York Times Retirement Investors need to keep their cool. Morningstar A job may is the…
It’s Not The End Of Your Retirement As You Know It
Am I going to lose all my money? I used to hear that question a lot, not so much anymore. Progress! A while back, we had a client meeting. It was during another one of our quarterly extinction-level financial events (heavy sarcasm). I can’t recall what the crisis du jour was, but I remember what the…
It Can’t Go On Forever…..When Is My Retirement
The most important election EVER is only one day away. Except for all the other ones. Your retirement isn’t a four-year term in office. Start planning for the next several decades by reading this week’s terrific retirement links. Houston, we have a pension problem. A Wealth of Common Sense Retirement comes with some big surprises….
Don’t Be A Financial Monster
War is hell.- General William Sherman What’s worse – sometimes the good guys end up doing bad stuff. Hitler once stated, “To defeat Fascism, you need to act more like a Fascist.” The murderous tyrant had a point. In both World Wars, the United States resorted to violations of democratic principles more commonly seen from…