The Worst Plan Is Not Having One

What’s the most critical component of a financial plan? The ability to stick to it ranks at the top of the list. Many fail because their plan doesn’t coincide with unique individual goals and values. Asset allocation is essential, but it doesn’t touch the heart. No dollar value trumps peace of mind. Paying down debt…

The Lunatics Have Taken Over The Asylum…..When Is My Retirement?

Back to school is very different this year. The same cannot be said for retirement planning. Certain concepts are timeless. Read about some of them in this week’s terrific links. Relocating during the pandemic may increase your taxes. CNBC What are the qualities you should look for in a retirement advisor? HumbleDollar Is being a…

Doing Next To Nothing Is A Very Underrated Strategy

There’s always a silver lining to every crisis. The Covid-19 Pandemic is no different. The lockdown might be the antidote for one of the most obnoxious features of our society – Helicopter Parents. These Parents act as human snowplows, clearing away all obstacles enabling their tribe to crush the competition. This behavior, designed to boost…

There’s Never Just One Cockroach

Just like market volatility, bad behavior clusters. For every Fiduciary Advisor, there are thousands of Wolves on Wall Street. Bad guys don’t operate in a vacuum. Often it’s not just one bad apple. It’s the entire orchard. Rotten cultures are highly infectious. This week’s 403(b) atrocity du-jour involves an insurance company and a Florida Teachers…

Working For The Clampdown…..When Is My Retirement??

If you care about the quality of your retirement, not its quantity, I suggest you read this week’s terrific links. Here’s the best way for kids to start saving for retirement. A Wealth Of Common Sense What are the three secrets for a happy retirement? Forbes Did you include these items in your estate plan?…

Ask Us Anything

Most people don’t know Jack about their finances – especially teachers. Only 29% of Americans know about 529 college savings plans. About 60% of Americans have life insurance, but nearly half of them have insufficient coverage. 32% of Americans maintain a budget. 30% possess a long-term financial plan.  24% of millennials demonstrate basic financial literacy.  35% of adults with a credit…

Monday’s Coming Like A Jail On Wheels…..When Is My Retirement?

Dr. Fauci knows using common sense, wearing a mask, and practicing social distancing, will do wonders towards containing the pandemic. Simple rules also work for planning your retirement but people don’t follow them either. Don’t be that guy. Start by reading this week’s terrific retirement links. Why do Baby Boomers have so much more saved…

Embrace Fate Before It Embraces You

Embracing death is the same as embracing life. We run out of time long before running out of money. We can’t seem to grasp this. Distractions rule our lives. Social media, watching sports, binge-viewing, overeating, gambling, and drugs/alcohol take up too many hours. Why are we trying so hard to distract ourselves? We suffer from…

Every Day Is Like Monday…..When Is My Retirement?

Wearing a mask during a pandemic is evidence-based behavior giving you a lower probability of getting sick. The same goes for our retirement links. Read them and increase your chances for a healthy retirement. Source: Simply Wise 70% of people in their 50’s are more concerned about retirement today. SimplyWise Does a reverse mortgage make…