For over twenty years, the question, “What do you do for a living?” was pretty easy for me to answer. I work in healthcare, managed care, consulting, etc. I work for such and such company. Either response was perfectly acceptable. But now, I find that question difficult to answer. A few weeks ago, I was […]
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Why You Should Start Paying Your Children an Allowance
The lack of financial literacy is a growing problem that impacts everyone from college students to upper middle class professionals to retirees. Even successful people may have no idea how to answer basic financial questions such as what happens to the value of a bond when interest rates rise? How much consumer debt is too […]
How Much Do I Need to Retire?
The golden rule of retirement – don’t outlive your money. So, how much do I need to retire and not worry about running out of money? The problem is how can you be sure you won’t outlive your money. The general rule of thumb has been you can comfortably spend 4% of your retirements assets every […]