Ownership 101- A Wealth Building Guide For Young People

Owning stuff builds wealth; renters pay the bills. Young people must develop an ownership mindset. Recently, I helped a young person fund their first investment account- A Roth IRA. Naturally, young people who work hard and save their money have trepidations about moving from relative safety into a world filled with the language they were…

Go Easy, Step Lightly, Stay Free…..When Is My Retirement?

“Two of the hardest things to do are save when you’re young and spend when you’re old.” -Unknown. Try reading our weekly retirement links to make better choices on both saving and investing. The good old days weren’t so good. Morningstar Change things up in your retirement. Overcoming Bias Do you have the right makeup…

Stop Consuming Empty Investment Calories

Too much junk has no place in your body or portfolio. Empty calories are an enormous waste of energy. When consuming food containing little or no nutritional value, the body compensates by eating more. There’s a reason it’s easy to wolf down copious amounts of chips or donuts. Your body fails to receive the nutrition…

I Don’t Wanna Hear It…..When Is My Retirement?

There’s no higher happiness than peace of mind. Finding tranquility is an arduous task without a well-planned retirement. Read this week’s terrific links and start realizing your full potential. How to invest like the 1%. A Wealth of Common Sense Significant changes are coming to retirement catch-up provisions. Financial Advisor What are the Pros and…

Kindness: The Priceless Currency Of True Wealth

We’re all trying to make sense of the world. Seeking pleasure and avoiding pain tops human agendas. Our differences lay on the margins, despite what the political class says to divide us. Clinging to impermanence is our default setting. We can thank Natural Selection, whose only motivation is propagating the species, not human happiness. Natural…

Small Man, Big Mouth…..When Is My Retirement?

If Only is an atrocious retirement strategy. Take agency regarding your finances. Begin your quest by reading this week’s awesome links. Source: LTI_finance Your retirement portfolio doesn’t define wealth. A Wealth of Common Sense Should you delay taking Social Security? Financial Advisor Don’t let a medical misdiagnosis ruin your retirement. USA TODAY The Long-Term Care…

The Long Term Care Dilemma

Should you self-insure for Long Term Care? Like most answers to complex personal finance issues, it depends. The probability you’ll need some form of Long Term Care is high. According to LongTermCare.gov, there’s almost a 70% chance of requiring some service or support in your golden years. More concerning is twenty percent of people will…

Now I Know How Joan Of Arc Felt…..When Is My Retirement?

Self-control equals reason prevailing over feelings. Don’t let your emotions ruin your retirement plan. Read this week’s terrific links to avoid investment mood swings. Does your retirement plan have any blind spots? Morningstar Retirement should be like college. A Purple Life Retirees must maintain a sense of purpose. Physician on Fire Insufficient sleep negates the…

A Blueprint For Peak Retirement

Age makes some things better, others worse. The trick is to understand how to discern between the two. Athletes peak early—swimmers in their twenties and powerlifters in their thirties. Competitors in sports that require speed and power reach their full potential rapidly, while endurance-based participants possess a later date. The ages for both types of…

I’ve Got Better Things To Do…..When Is My Retirement?

Feelings aren’t facts. Don’t let your emotions rule the decision-making process. Read this week’s terrific retirement links and start taking control of your financial future. Align your spending with your values. TEBI Investing for money is different than investing for happiness. Money With Katie Don’t get addicted to delaying gratification. Life After The Daily Grind…