Retirement Planning For Life
In today’s economic environment retirement planning is more important than ever. We are experiencing reduced equity returns, employer provided pensions are becoming extinct, our nation’s monetary policy erodes the value of our currency daily, and our government retirement programs are financially unsustainable, That does not mean that retirement is no longer possible, but it does […]
Retiring Early – Our Story
This post is about how my wife and I managed to retire about ten years earlier than the typical retirement age of 65. Some of the things we did will seem inconceivable to some readers, but the choices people make early in their working lives ultimately determine when they will be able to retire. Perhaps […]
How a Bad Investment Experience Changed My Life
Recently I had lunch with an old friend. My friend is about ten years younger than I am and is still working. He asked me a question that I had to think about. My friend wanted to know what are the most important investment lessons that I learned over my investing life. In this post […]
Post #20 – The 2 Biggest Investment Mistakes Made by People over 50
This will be a short post on the 2 biggest investment mistakes that people over 50 make. I have touched on these areas briefly in previous blogs, but I felt they are important enough that I wanted to address them more directly.
Post #18 – The 3 biggest Retirement Planning Mistakes Made by Young People
I thought I would take a break from tedious investing concepts and write a lighter post. So instead, I give you my opinion on what, I think, are the three biggest mistakes that people in their 20s, 30s, and 40s make when it comes to retirement planning. There are undoubtedly many financial/retirement planning mistakes people […]
Post #9 – Retirement Savings – Staying on Track
I thought it might be helpful to provide one more post on retirement savings before moving on to investment concepts and strategies. In Post #7 I provided a simple 4-step process on how to estimate the size of your future retirement nest egg. In Post #8 I included a table for determining what your annual […]
Post #8 – Retirement Planning Simplified, Part II
This blog post will provide a simple guideline to estimating what your personal annual savings rate should be in order to reach your retirement nest egg goal. This post is a follow-on discussion of the 4-step process I discussed in my last post, Post #7. If you have not done so already, you should read […]
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 […]
