The takeaway: There are four ways we Boomers ruin our retirement lives. The only time we really hear about these four ways is when a pro athlete makes the news for squandering millions and being broke. Bulletin: We Boomers are just as capable of squandering our lifetime earnings and ruining our retirement lives. Avoid these … [Read more…]
The takeaway: The landmark Trinity Study shows the odds your retirement nest-egg will last as long as you do. Developed by finance faculty at Trinity University, the results of this landmark work apply to nest-eggs with lots of stocks–or lots of bonds. Take note ye readers fearful of stocks! The Trinity Study builds on the … [Read more…]
The Takeaway: The 4% Rule tells you two things. First, it lets you know how much you can annually tap from your retirement nest-egg without it running dry. Second, it tells you how big your nest-egg needs to be to cover your retirement income needs. What’s not to love? 😀 This post is a step-by-step guide … [Read more…]
The takeaway: Continuing care retirement communities are part of the trilogy of your long-term care options–but these come with waiting lists. Folks are clamoring to get in. You, savvy Boomer, will not be swayed by fear of missing out. Certain questions about these places still need to be asked. This post asks those questions so … [Read more…]
The takeaway: Continuing Care Retirement Communities give you a place to live, provide lots of amenities and activities, and–depending on your contract–include long-term care. This post provides four steps to help you decide if these places are worth the money. The post also tells my experiences and impressions visiting two different communities in two different … [Read more…]