Note: I first wrote this blog post in 2017. None of the words have been changed. Read the post and note the point with this perspective. Warren Buffet, the legendary business owner, said, “Time is your friend. Impulse is your enemy.”  He was referring to the value of compound interest and the suggestion to not … Read more

Here are some of the best books on retirement planning: What Color Is Your Parachute for Retirement by Bolles and Nelson How to Retire Happy by Stan Hinden The New Retirement by Cullinane and Fitzgerals Don’t Work Forever by Steve Vernon How to Retire Happy, Wild and Free by Ernie J. Zelinski All of these … Read more

A study by the National Bureau of Economic Research (NBER) examined the reasons that there is a “robust” 2% increase in male mortality immediately after age 62. Women don’t suffer from this phenomenon. The study speculates there are three possible reasons: First, the paper notes that individuals frequently stop working or reduce work levels at this … Read more

We all face risks in our daily lives.  These include small but irritating risks like losing a cell phone or a  minor car accident. Then there are the big risks like poor health and death too soon. Classic financial planning axioms say there are five ways to deal with a known risk: Prevention, Reduction, Shift … Read more