/personal-finance
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Social Security, Index Funds, And Bonds
For the past four years, I’ve sent out a free, comprehensive retirement newsletter every Sunday. This labor of love includes three handpicked articles on retirement...
For the past four years, I’ve sent out a free, comprehensive retirement newsletter every Sunday. This labor of love includes three handpicked articles on retirement planning, along with general interest pieces on finance, health, and media. I also share links to valuable research tools and model portfolios from the week. You can check out the... -
Why Don’t We Do What We Know We Should Do With Our Money?
Financial planning is less about knowing what to do and more about doing what we know. Sure, there are a myriad of complexities littered throughout...
Financial planning is less about knowing what to do and more about doing what we know. Sure, there are a myriad of complexities littered throughout the wealth management universe deserving our deliberation and calibration, but I’d be willing to bet that you are already aware of the following list of financial planning “shoulds,” right? You... -
Blackrock’s Larry Fink Has It Almost Right About Aging
NEW YORK, NEW YORK – NOVEMBER 30, 2022: BlackRock CEO Larry Fink during the New York Times DealBook … [+] Summit. (Photo by Michael M....
NEW YORK, NEW YORK – NOVEMBER 30, 2022: BlackRock CEO Larry Fink during the New York Times DealBook … [+] Summit. (Photo by Michael M. Santiago/Getty Images) Getty Images In a letter to investors, Larry Fink, who is CEO of the massive investment firm Blackrock, warned that retirement “is a much harder proposition than it... -
I’ve Retired Three Times; Here Are 5 Things I’ve Learned
I was 49 the first time I retired. After nearly 25 years in practice, I turned in my fountain pen at my law firm. Two...
I was 49 the first time I retired. After nearly 25 years in practice, I turned in my fountain pen at my law firm. Two years later, I retired again when I sold an online business I had built on the side. I retired a third time in 2020 as the Founding Editor of Forbes... -
3 Ways The Late Daniel Kahneman Has Improved Your Life (Whether You Know It Or Not)
There are people who change your life because of their proximity to you and yours—and then there are those who change your life without you...
/money, /personal-finance, /retirement, advisornetwork, Investing, money, Personal finance, Retirement, standardAmos Tversky, behavioral economics, behavioral finance, Daniel, Daniel Kahneman, Fast and Slow, Improved, Kahneman, LATE, life, Nudge, personal finance, Richard Thaler, Thinking, Tim Maurer, waysThere are people who change your life because of their proximity to you and yours—and then there are those who change your life without you even knowing they exist. Regardless of which of those categories Daniel Kahneman fits into for you, he’s changed your life, just as surely as he has demonstrably changed mine. Kahneman,... -
How To Boost Your Retirement Savings By 3% Overnight
Recently I wrote about the new Robinhood Gold Card. It pays 3% cash back on all purchases, making it one of the most valuable rewards...
Recently I wrote about the new Robinhood Gold Card. It pays 3% cash back on all purchases, making it one of the most valuable rewards credit cards available today. As I noted in the article, however, to qualify you must be a Robinhood Gold member, which costs $50 a year if paid annually. So what’s... -
4 Things About The 4% Rule Most Don’t Understand
One of the most important and difficult questions to answer in retirement is how much you can spend each year without going broke. The most...
One of the most important and difficult questions to answer in retirement is how much you can spend each year without going broke. The most popular answer to this question is what is known as the 4% rule. From a 1994 paper written by Certified Financial Planner Bill Bengan, here’s how it works. Cottage life... -
How Much To Save At Every Age And Income Level
JP Morgan Asset Management recently released its 2024 Guide to Retirement. The guide attempts, among other things, to answer two important questions for those saving...
JP Morgan Asset Management recently released its 2024 Guide to Retirement. The guide attempts, among other things, to answer two important questions for those saving for retirement. First, it looks at how much one should have already saved for retirement based on their age and income. Second, it examined what percentage of income one should... -
Debunking The 401(k) Doomsday Predictions
Despite the recent surge of click-baity headlines surrounding a recent white paper, the 401(k) remains a sound and popular option for individuals saving for retirement....
Despite the recent surge of click-baity headlines surrounding a recent white paper, the 401(k) remains a sound and popular option for individuals saving for retirement. Source link -
Why Raising Retirement Age For Social Security Means Cutting Benefits
UNITED STATES – MAY 01: Gray Panther activists demonstrating in front of White House against Social … [+] Security cuts. (Photo by Diana Walker/Getty Images)...
UNITED STATES – MAY 01: Gray Panther activists demonstrating in front of White House against Social … [+] Security cuts. (Photo by Diana Walker/Getty Images) Getty Images As politicians and partisans debate how to make sure Social Security — an historically amazing and important program for the aging — has a secure financial future, one...