At the moment of retirement, our paycheck stops like a light switching off. (Click!) For many, Social Security checks are significantly lighter than a regular paycheck, and yet, most of us still do next to nothing to adjust to this new reality.
The American Dream now costs $130,000 a year. At least that's the figure USA Today came up with. Rethinking my money-based version of the American Dream helped me discover there is more to life than checking boxes.
Bucket lists do not just have to be the subject of movies. Write one. Make it ambitious. Start checking it off. Climb that mountain. Visit the seven wonders. Take those dance lessons. Buy that weekend car you always dreamed of driving
We are wired to desire pleasure and avoid pain. In divorce, we have both of these powerful motivators pushing us to settle. Most clients want to move on with their lives and experience peace and happiness again. But what happens when giving up means giving in?
Money plays a role in the alarming rate of suicide in today's armed services. I sat down with Financial Planning magazine to find out more about how financial counseling might just save the lives of our soldiers, sailors, marines and airmen.
What would happen to you right now if you were unemployable for the next 30 years? It would be a disaster for many, if not most people. Some would be forced to take dramatic measures to stay fed, clothed, warm and safe.
When we remind ourselves of our most important goals, we can choose not to make more than we need and redirect our time and attention to doing things we enjoy as opposed to working more to earn money we would never spend.
It's amazing how the word "finances" immediately throws us head-on into our current circumstances. From this standpoint you may not see many options for what to do from a personal financial perspective.