Asset allocation is the relative percentage of stocks and bonds in your portfolio. Over time, it determines your investment results. The takeaway: Asset allocation, the percentage of stocks and bonds in your portfolio, is the main driver of how fast your nest-egg grows. It’s a tool that, when followed, forces you to buy low and … [Read more…]
Boomer, it’s never too early to start thinking about what you’ll do after you finish your primary career. Maybe you’re still in the throes of your primary career. Maybe you’ve already finished your primary career and are asking yourself, “now what?” Either way, it never hurts to start thinking about how you’ll transition into retirement. … [Read more…]
Greetings, Boomer. I’ve (nearly) conquered the dinosaur. I return to you a battle-scarred computer warrior. I’ve spent the last five months battling computer courses to help me manage this website. I lost almost every battle the first time through. It was hard to give up the momentum the blog had achieved when it finally … [Read more…]
Hi Boomer! Don’t you hate it when something you hoped wasn’t true, is true? Me too. Boomer, allow me to inform you of what’s true about my tech skills: I’m a dinosaur. To maintain control of BoomerMoneyandMore.com, and to keep the site sustainable, I’ve got to master these tech skills. As such, I am taking a hiatus while … [Read more…]
Boomer, let’s be honest. You know I didn’t do a good job planning my retirement life. True, I’d planned my finances. I’d planned to travel. But I never planned how I’d replace: the ready-made social life work gave me; the purpose and meaning that work gave my days; and the structure that work gave to my day, which … [Read more…]