Jan 17, 2022
We’ve made it to the middle of January, that time of year that is the graveyard for so many New Year’s resolutions. Even if you abandon any other resolutions you may have made, though, please consider carrying out a very important one. Resolve to make a...
Jan 10, 2022
Investment advice is not financial planning. This is an important distinction to understand when you go shopping for financial advice. Do you only need help with investment decisions, or do you need guidance on all aspects of your financial life? Investment advisors...
Oct 4, 2021
If you are in your 50s or 60s, you may have reacted with concern to the numerous recent news reports about the August 31, 2021, annual report from the Social Security Board of Trustees on the long-term financial status of the Old-Age and Survivors Insurance and...
Jun 28, 2021
I have exhibited tendencies toward pyromania most of my life. As a Boy Scout, my favorite activity was starting and stoking a campfire. As an adult, my best birthday gift ever was a flame thrower designed by my son which made quick work of a pile of pinecones and...
Jun 14, 2021
How much money does it take to be wealthy? As I’ve pointed out in previous columns, this is basically an unanswerable question. It depends on too many variables, such as social norms, personal circumstances, accounting methods, lifestyle, and financial...
Jun 7, 2021
Why do we put off taking action that is important to our financial health? Last week we explored some of the financial “emergencies” that can be avoided with planning or prevention. It’s easy to understand why planning is so important. It’s less easy...
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