If you have an immediate need for the funds or need them to maintain your current standard of living
Lori and I have our two children, Chuck and Jordan. As any parent, who raised their children in a responsible way, we thought our kids would take care of us to some degree in our later years.
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined.
What is it about the word “downsizing” that creates a feeling of dread in most of us? Is it all the decisions that need to be made?
What can we learn about retirement planning from the jerseys that players wear while playing sports? Actually, we can learn quite a bit…
You have done well in life. You’ve saved enough money to last you the rest of your life and then some. That was your first goal.
Today’s thinking is that there is a good chance you could be retired for 30 or more years!
When you change jobs, you need to decide what to do with the money in your 401(k) plan. Should you leave it where it is or take it with you?
In this article I want to talk about investment mindsets. Specifically the importance of moving away from a “Growth” only mindset to an “Income” mindset with your investments in retirement. Ask yourself the question, “Am I Investing for Growth or Income?”
I recently read a Bloomberg article called “Mom and Pop Sit Out Rally, With Stock Exposure at Six-Year Low.”