Category Archives: Retirement
High Inflation is Coming—What to Do
Over the last 22 years I’ve made 4 major forecasts; when to get into the stock market and when to leave; when to invest in real estate and when to get out. Now I’m making another major call: high inflation is coming and it's very important to understand what it will mean to you and what to do about it. High inflation means higher prices, yes, but it has major implications for your current investments and for your financial plans in general, so it’s best to position yourself in preparation for it now rather than getting caught losing big.
All Grown Up and Can’t Retire! The 7 Step Baby Boomer Retirement Plan
If you're over 50 without a retirement plan, you may be saying to yourself, "OMG! I'm all grown up with almost no retirement savings. Now what do I do?" They say that 90% of the solution to a problem is understanding how it happened. So let's start by examining how most people got into this mess.
The New Rules of Long-term Financial Planning
The game of long-term financial planning has changed. There are many reasons for this change: the inevitable impact of our government's massive debts, the high likelihood that the stock market will continue its ten-year-plus underperformance for at least another decade or more, also that the economy will be weaker than normal for a long time to come, that the current historically low interest rates cannot be maintained, and that the dollar will unavoidably become much weaker at some point have all combined to change the game.
Planning For Your Retirement/Financial Freedom
You can achieve financial freedom, but you need a plan and to be money smart in how you spend, save and invest your money. My aim through Money Smart is to support you along the way with financial education, financial advice and financial coaching.
Why Wait for Retirement?
For most people retirement is a bad goal and a misguided life plan. Why should you have to wait until you are sixty-five (or older) before you can live the life you wish? Instead, replace the R-word, retirement, with two new ones: financial freedom. This is the goal to pursue.
