If you’re on the fast track to retirement, you’re probably busy planning your new, post-work world. Perhaps you’re considering a stint as a volunteer, or ready to sit back and do nothing for a while. Maybe you’re seriously considering a round-the-world trip – you know, the type you could never take when you were working full-time.
When I woke up this morning, I sat up in bed and told myself, “I’m not going to spend any money today at all. I’m going to fill my day with fulfilling things that don’t involve spending a dime!” I put a reminder in my phone to remind me of this commitment to excellence. It’ll
As regular readers of this column are aware, financial health has both economic and emotional dimensions, and the right balance of the two is crucial for success with your money. If you have any doubts, consider the blissful spendthrift on the road to financial ruin, says Sarah Newcomb, a behavioral economist at investment research firm
“A goal properly set is halfway reached.” – Zig Ziglar. We all have retirement goals, but unfortunately, we tend to be very vague and noncommittal about them. Most investors will tell their financial adviser that they’d like to “retire comfortably” or “maintain their current lifestyle,” but what does that really mean? Many advisers tend to
I have seen my share of client-drafted wills. While most people opt to have a lawyer draft their last will and testament, there is no requirement that an attorney do so. If you do opt to draft your own will, make sure to avoid the following five mistakes that I repeatedly see in layman-drafted documents:
A friend of mine was visiting the other day – we’ll call this friend Donnie – and I offered Donnie a cup of coffee. He said he wanted one, so I asked whether he wanted it cold or hot. He wanted hot, so I pulled a pitcher of cold brew coffee from the fridge, filled