For decades, the retirement savings advice has been consistent: Save more than you spend. Invest the difference wisely. Max out your 401(k). Reach your number. But then something […]
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Tag: budget
Vanguard’s Security Audit – What I Learned When I Took It
I got an email yesterday, and I suspect all of you who use Vanguard received the same. It’s rare for me to write within one day of something happening, but […]
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My Trifecta Theory: A Simple Budgeting Strategy For Every Phase in Your Life
When I was younger, I had a simple budgeting strategy for making decisions. I called it my trifecta theory. If something checked three boxes… Financially smart, Personally beneficial, and Efficient […]
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3 Questions That Determine 99% of Your Retirement Success
We all know the importance of planning when it comes to achieving retirement success. But what, exactly, should you plan for? Today, we’re boiling it down to the three questions […]
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Scared To Spend? (You’re Not Alone)
It’s hard to spend money in retirement. I get it. I’ve been there. That paycheck has stopped, inflation is rampant, and you’re afraid your money may run out before you […]
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Why Is It So Hard To Spend Money?
It’s hard to spend money. I made a spending decision for my 60th birthday. Big news, right? Not normally, but for some reason I had a difficult time with what […]
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The Bucket Strategy In A Bear Market
The bear has come out of the woods. The question is: were you prepared? We implemented the bucket strategy as our defense when I retired 4 years ago, and this […]
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5 Steps To Learn To Spend In Retirement
There’s a common problem that hits many people in retirement. After years of saving in order to achieve their retirement dreams, many retirees have a hard time breaking old habits. […]
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Rethinking the 4% Safe Withdrawal Rule
The 4% safe withdrawal rule is a well-known “rule of thumb” for those planning for retirement. One thing it has going for it is that it’s simple to apply. If […]
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How Much Time I Spend Managing Our Money
In the 5 years before I retired, I spent a lot of time managing our money as I prepared our portfolio for the transition from the “Accumulation Phase” to the […]
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