Weekend Reading: Real Luxury Goods Don’t Have Brand Names
What is your definition of a “luxury good”? If you have the mindset of the “Millionaire Next Door”, it may not involve material things, but instead include unconventional financial luxuries you don’t see.
Weekend Reading: 9 Ways to Help Clients Reduce Taxes on Social Security
You’re well aware Uncle Sam wants his share of your retirement income, but some of the families we meet with are surprised to find that includes Social Security benefits.
Weekend Reading: The Seven Virtues of Great Investors
our greatest investment attributes don’t include having the highest IQ. Instead, they stem from your character and ability to maintain consistent behavior.
Weekend Reading: This is the Most Fun Way to Make Your Life Awesome
If you’ve ever found yourself wondering, “What am I good at?” Or, “What do I enjoy?”, you’re on the path to pinpointing your passion – and most importantly – your purpose.
Weekend Reading: 7 Streams of Income to Get Rich
With multiple streams, you reduce reliance on one income outlet, while maximizing earning potential.
Weekend Reading: In Retirement, Many Crucial Questions Start with the Word ‘When’
Your most important retirement planning decisions rely on timing. While long-term performance is certainly front of mind for your investments, before anything else, you must pay attention to the “when” questions.
Weekend Reading: More Realistic Retirement Income Projections Require Dynamic Adjustments
he manner in which you spend throughout retirement isn’t static, nor is it always consistent with inflation. As past podcast guest, David Blanchett, has found, it’s much more complex than that.
Weekend Reading: What Does the Demise of SVB Tell Us About Our Behavior During Market Shocks?
You’ve seen news headlines detailing the fallout of Silicon Valley Bank. However, amidst the panic, it’s also vital to zoom out and consider what tumultuous times can teach you, particularly when it comes to investment risk.
Weekend Reading: Gradually, Then Suddenly
Is the Silicon Valley Bank (SVB) collapse worth your concern? Maybe not directly, but it reveals valuable lessons to be learned about your liquid dollars – and investing.
Weekend Reading: The Return of the Bond Market
While 2022 became the first year ever for bonds to end with a negative five-year annualized return, markets have now recalibrated, resulting in higher yields (and higher future returns).
Weekend Reading: The Future of Social Security: Look at History to Find Solutions
While the system isn’t disappearing, a revision needs to be implemented before Social Security’s estimated 2035 insolvency, at which point 80 percent of benefits can be paid out. Simply put, that makes this a 20 percent problem – not an all-or-nothing issue.
Weekend Reading: How to Use Money as a Tool for Happiness and Fulfillment
Your focus should never be the money, but how that money can elevate the meaning in your life. If dollars dictate your direction in life, you’ll find yourself on an endless search of “what’s next?”