Investing For The Ages Part II of III: 40’s & 50’s
Investing for the Ages Part III of III: 60’s & 70’s and Beyond
In this three-part series, I’ve discussed how to adjust your investment strategy depending on whether you are just getting started in your twenties and thirties or have made steady progress towards saving for retirement in your forties and fifties. Investing for the Ages: 20’s & 30’s Investing for the Ages: 40’s & 50’s If you […]
Investing For The Ages Part II of III: 40’s and 50’s
In the second part of this series, “Investing for the Ages,” I want to focus on people in their forties and fifties. At this point, you should have accumulated forty percent to sixty-five percent of your retirement savings goal. Ok, I’m guessing a lot of people are thinking, “I have no idea what my retirement […]
Investing For The Ages Part I of III: 20’s & 30’s
Investing for the Ages Part I of III: 20’s & 30’s
Even under COVID…no, especially under COVID, people need to be focused on their long-term financial future. If you’re in your twenties or thirties and want to create financial independence, you’ll need to begin an investment program. Here are the key actions you should take now: Don’t wait, invest now. Many people postpone investing because […]
A Smart Retirement Strategy
A Smart Retirement Strategy Conversation
A long-time friend who recently retired at age sixty-five emailed me for my thoughts about a retirement strategy he was considering. He plans to live off the interest, dividends, and savings and postpone taking Social Security until age seventy. By doing so, his Social Security benefit will grow to the maximum (an additional 32% over […]
Is Emotion Affecting Your Investment Decisions?
Is Emotion Affecting Your Investment Decisions?
We are all likely familiar with the term “emotional roller-coaster,” and the term is fitting in describing the last several months as we continue to deal with Covid-19 and its second-order effects on culture, family dynamics, and the economy. As humans, emotions aide and enhance our lives in so many ways, but allowing emotions to […]