Managing Money

My friend Mary’s husband died unexpectedly, leaving her to raise their five-year-old son and tend to a generous life insurance settlement, while learning to navigate life without her mate…

If you’ve been contemplating starting a business, now is the perfect time. All of us are being asked to self-isolate to prevent the spread of COVID-19. We suddenly have extra time on our hands…

You’ve no doubt heard about the recent market volatility related to Coronavirus and the reaction to this unexpected pandemic. Nobody likes sitting on their hands when it feels like they should be doing something…

Social Security is dead. It just hasn’t stopped twitching. This is the only conclusion that I can come to after reviewing all of the available data and considering the political and social environment that we are likely to face over the next 20-30 years.

In fact, the more I think about Social Security, the more I believe that everyone, from recent retirees to Millennials need to assume that this safety net will disappear, in whole, or in part, within the next few decades. Read More

Imagine the following scenario. You are 57-years-old and have less than $10,000 saved for retirement. Realizing that you have less than a decade before “retirement age,” you decide that you are going to do “whatever it takes” (literally!) to get your retirement dreams back on track. So, you set out to find a part-time job with the intention of saving every penny of extra income. Read More

Are you still living in your oversized family home despite the fact that your kids have long ago flown the nest? Do you still own a car even though you no longer commute? Are you proudly proclaiming to the world that you are retiring soon and that you will never work again?

If you choose to continue working after the official age of retirement, you stand a good chance of working in a team with Millennials and Generation X’s…

Retirement planning for single people has its own unique set of challenges and opportunities. This is true whether you are a widow, divorced, or you never got married…

Would you like to save $1,000s (or $1,000,000s if you start early enough) more for retirement? It’s actually easier than it sounds… and way more fun than giving up your daily Starbucks or taking on a second job. It’s an approach that won’t ask you to take on additional risk with your investments. Nor does […]

Spring is in the air. I am getting ready to start my outdoor gardening, and I know there is a lot of work to do before I will harvest the bounty. As I do this, I can’t help but feel that the same is true with our monetary lives. Read More