Financial Planning Topics
My Biggest Retirement Fear
My biggest retirement fear is related to my last post about the coming changes to government retirement benefits. If you have not read my previous post, you can click on this link and read it now. However my biggest retirement fear is not caused by the expectation that these old age retirement benefits will be […]
Post #24 – Summary of Retirement Planning Simplified
Thus far this blog has concentrated on general retirement planning ideas and concepts. To date the blog posts have been numbered because they are presented in a logical order for someone who does not have much experience in the area of retirement planning. In this post I will highlight the main retirement planning ideas and […]
Post #17 Financial Planning Made Simple
I just finished a very good book called Your Money Ratios: 8 Simple Tools for Financial Security by Charles Farrell so I thought I would provide a quick review. The goal of the book is to give the reader smart but simple guidance so that they can reach their retirement goals. In doing this Mr. […]
Post #4 – Retirement Savings and the Cost of Waiting
Although asset returns are certainly important to reaching your financial goals, your level of savings will be the single largest determinant of how much and how fast you accumulate wealth. And in the early years your savings rate has the biggest impact because your savings have more time to compound to reach your retirement asset goal. Most […]
Post #3 – The 2nd and 3rd Most Important Rules of Personal Finance
In my last blog post, “LBYM” The First Rule of Personal Finance, I emphasized the importance of people adopting good financial behavior of “Living Below Your Means” to form the foundation of wealth accumulation. If you do not LBYMs and free up cash for retirement savings or, for that matter, any other financial goal, all […]
Post #2 – “LBYM” – The First Rule of Personal Finance
The financial advisory guru, Dave Ramsey, www.daveramsey.com, once wrote that wealth accumulation is 90% behavior and 10% knowledge, and I could not agree with him more. The ability to retire someday is mostly about a person practicing good financial behavior, week after week, year after year… The more education you acquire about personal finance and […]
