Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). Social Security is often dismissed or minimized by many when it comes to retirement planning. This is a mistake since Social Security forms a firm foundation that you can’t outlive. People don’t recognize the […]
Archive | Multi-media
1-minute video: The Effects of Inflation on Retirement
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). What is inflation? In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, […]
What are the Three Paradigms of Retirement Income Planning?
When you Google “retirement planning” you typically get results about 401ks or investing. On the search topic of retirement, you get few results on how to plan for, transition into, and/or prudently sustain income once retired. The term “retirement” brings to mind, and Google finds results on, the savings and investing part. However, the use […]
1-minute video: Is (a Little) Debt a Good Thing?
1-minute video: Is (a Little) Debt a Good Thing? Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). I make a subtle, but important distinction, with debt categories in the post “Basic Steps to Reducing Debt.” I refer to both education and car […]
1-minute video: How Compound Interest Pays Off
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). A primer on how compounding works. Over time, the effect is to have the money earned on your money, including interest, grow into ever larger sums. But, this takes time, so the sooner you […]
1-minute video: Reverse Mortgage – Is it Right for You?
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). For those over age 62, a reverse mortgage may be a useful tool. Fundamentally, they turn an illiquid asset into money you can spend. However, they shouldn’t be used “just because you can,” but […]
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 […]
1-minute video: When is the Best Time to Retire?
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). Imagine what it is like flying to the moon. The moon is right there, you just fly to it! Right? Except, where the moon is now, is NOT where it will be when you […]
1-minute video: What Is Your Money Purpose?
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). This video explains a simple exercise to help women, and men, focus on what’s important to them. Once you know what you want to focus on, it is easier to have money purpose too. […]
1-Minute Video: How Women Work With Financial Advisors
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). My years of experience has shown me that women often make better decisions about money than men. Women and men do think differently about money. That’s a good thing! It means more than one […]