The professional skills you’ve honed during your career are still incredibly valuable even though you’re retired. Rarely has there been a greater need for talented and dedicated people with a wide variety of abilities to pitch in and help their communities tackle some significant problems. But giving back is also good for you. Many studies […]
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The jobs we do for 40 hours every week – and the life that job provides for our families over decades – has a significant influence on how we view ourselves. That’s why many new retirees struggle with a loss of identity. Without familiar work routines, responsibilities, accomplishments, financial rewards, and social networks, some retirees […]
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Anyone who’s retired in the past 10 years has been very fortunate. They’ve experienced a massive bull market and they may even have a higher net worth today than when they retired! But it won’t always be that way. Some people will have the unfortunate luck of retiring right into the teeth of the next […]
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Imagine that you’re living in a tent on an open plain. One day you plant a tree. For the next 40 years, you water it. You protect it from harsh weather and animals. You never pick its fruit. You don’t climb it for fun. You don’t take a break and rest in its shade. You […]
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It might sound a little strange but there are many benefits to working even though you no longer need the money for your living or retirement needs. These “retirement workers” have discovered that part-time jobs or volunteer positions allow them to keep a nice pace in life and find a balance among using their talents, […]
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This is how to make a good decision when life throws you a tough choice No matter how thorough our planning is, life inevitably tosses curveballs at us. Often these challenging moments are linked to major life transitions that affect our families, our careers, and our money. Balancing these variables can make arriving at the […]
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How will you spend your time in retirement? And how are you going to pay for it? Have a think about some observations you have made watching other people retire…. Are they positive? Negative? Most people don’t know what they want in retirement but they know that they don’t want any less than what they […]
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How Does Your Retirement Savings Compare to Other People Your Age? “How am I doing?” That’s a big question that most people have when it comes to their money. One way we tend to look for answers is by comparing what we have to what our neighborus, friends, and family, have. Even though we know […]
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The Pros and Cons of Lighting a FIRE Under Your Retirement Goals A popular online movement wants to make 40 the new 65. I’m fascinated by it and follow some of the blogs and stories with interest. FIRE stands for Financial Independence Retire Early. The idea is that by working as hard as you can […]
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Are you happy and content? We are generally wealthier than we were a few decades ago. Our standard of living has increased. Healthcare has improved. But we are no happier than we were back then… So where does that leave us – what should we do? How can we use the money we have to […]
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