Archive | Behavior Corner

1024px-Tortoise_and_hare_rackham

Unintended Errors from Flaws of Comparisons in the Investment World

Illustration: The Aesop Tale of the Hare and the Tortoise                                                                                 The flaws of comparing two different things using just one metric … Should you try to compare different investments with each other simply by balances alone? Markets have been going up [at the time I write this] and people feel good when they look at […]

Continue Reading · 0
StockSnap_NOCUN9VX3F-direct-media

Working and Social Security Benefits

https://stocksnap.io/author/directmedia Working and Social Security Benefits Most people are not aware of the Social Security earnings test, or income limits, if they claim benefits while still working prior to reaching their Full Retirement Age (FRA) [FRA is THE MONTH & YEAR you are eligible for 100% benefits. Before FRA, benefits are reduced. After FRA, benefits […]

Continue Reading · 0

1-minute video: 5 Common Mistakes to Avoid in Retirement

Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). When it comes to retirement, most people have as their fundamental goal to maintain their lifestyle, or what I call their Standard of Individual Living (SOIL). But, just what is your lifestyle today? How […]

Continue Reading · 0
pexels-photo-242587-bank-statement

A Bank Statement Approach to Budgeting – but NOT used like you’d think!

Please note: The purpose of this simple exercise is to get the BIG PICTURE about your lifestyle and the total amount you spend … in the first place! Go from general impressions of your lifestyle to informed insights via the easy exercise explained below. Why is this important? Because it is easy to fall into […]

Continue Reading · 0
Brief-History-of-Doom-cover

A Brief History of Doom.

Well written, easy to read, no financial background required, on why financial crises happen. The author puts together a very well-developed argument as what causes financial crises by looking at many historical events worldwide and piecing together the data to support this insight. Note: This post was written some months ago and scheduled to post […]

Continue Reading · 0
Fox_And_Hen_public_house_Bascote_Heath_-_geograph.org_.uk_-_1410651

How Do You Know if Diminished Financial Capacity Has Crept in?

By definition, you don’t recognize the signs of diminished financial capacity. You need to rely on others for this. And as you’ll see below, relying on others presents a dilemma! This is not something to be ashamed of – it’s a natural order of aging. For some slowing down comes earlier, for others later. The […]

Continue Reading · 0
couple-elderly-man-old-34761

What is a Retirement Feasibility Timeline?

I define the Retirement Feasibility Timeline as a method to depict the transition between the working years (accumulation) and the retirement years (decumulation). You can visually see year by year (age by age) when retirement may be feasible without any changes to what you’re presently doing, and what meaningful changes may alter that outcome to […]

Continue Reading · 0
https://www.googletagmanager.com/gtag/js?id=G-NBSYGWXDXE