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Stop Trying to Retire Quickly
Tweet Share on Facebook November 30, 2011 CommentAs the year is winding down, you are bound to think about your progress toward the goals you set at the start of the year and make new resolutions for the upcoming year. One such goal for many people is retiring rich, but some people confuse this objective with getting rich quickly or retiring soon. Here are five reasons retiring rich is actually much easier than retiring early.
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Don’t Make This Bad Bet
Tweet Share on Facebook November 29, 2011 CommentUSA Today recently reported that state lotteries are enjoying record sales, due at least in part to the bad economy. A lot of people faced with lagging paychecks and increasing gas prices feel that taking a flier on their state lottery will give them a ticket out of their financial predicament.
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6 Affordable Places to Retire Abroad in 2012
Tweet Share on Facebook November 29, 2011 Comment (27)There are many benefits and advantages of retiring overseas. Launching a new life in a new country at this stage of your life can mean better weather, new adventures and opportunities, and new friends. You can realize the beach life you’ve dreamed of for decades and sometimes even realize some significant tax savings by relocating overseas.
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Giving Thanks for Growing Old
Tweet Share on Facebook November 25, 2011 CommentWe are all well versed in the negatives that inevitably infiltrate our lives as we get older. Simple things like tying our shoes become challenging. A minor stumble can result in a fall with catastrophic consequences for a senior citizen. That quick memory we took for granted all these years suddenly evades us. It is easy to get caught up in what we have lost and forget about all that we have.
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Why You Should Rebalance Your Portfolio
Tweet Share on Facebook November 24, 2011 Comment (1)One of the most important things an investor needs to do is examine his or her portfolio and rebalance it at least once a year. If you haven't rebalanced your portfolio this year, then it's time to check out how your investments are doing.
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Your Brain May Not Let You Be a Smart Investor
Tweet Share on Facebook November 24, 2011 Comment (1)There is an overwhelming amount of research supporting the view that intelligent investing involves capturing the returns of the global market place using low management fee stock and bond index funds in an appropriate asset allocation. This research is exhaustively set forth in my books and those by many others including Burton Malkiel, John Bogle, Jason Zweig, Larry Swedroe, Mark Hebner, Jonathan Clements, and William Bernstein. This investment strategy is endorsed by Nobel Laureates in economics, including Paul Samuelson, William Sharpe, Daniel Kahneman, and Merton Miller.
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How to Stretch Your Retirement Savings
Tweet Share on Facebook November 23, 2011 Comment (1)Most of us want to retire at some point, but we are scared of outliving our retirement savings. Luckily, we are generally very adaptable and can take steps to reduce our spending. If you find your nest egg diminishing at a more rapid pace than you would like, here are seven adjustments that will stretch your savings much farther.
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Why a New Car is a Better Deal than Used
Tweet Share on Facebook November 22, 2011 Comment (4)Conventional wisdom says that buying a late model, gently used car is a better deal than purchasing a new car. According to this theory, your new car depreciates 20 to 25 percent the moment you drive it off the lot.
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Moving to Belize in Your 70s
Tweet Share on Facebook November 21, 2011 Comment (2)Cecilia and Robert are 70-somethings from Michigan preparing to reinvent their lives. They have sold their home, downsized their lives, and are nearly ready to hit the road.
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20 Ways to Stay Busy in Retirement
Tweet Share on Facebook November 18, 2011 Comment (4)Keeping busy in retirement is important to our general well being and sanity. Once we are no longer part of the working world, it is now our personal responsibility to fill the days with creative endeavors.
