Are You Winning the Slow Motion Lottery?

You can feel the excitement in the air.  The Mega millions lottery is up to $330 million and people are buying tickets like crazy.  If you win, you would receive upwards of $200 million after taxes.  That’s a lot of cash.  If you generated just 3% interest off of that $200 million you’d make over [...]

Facebook is a Whole New Way to Keep Up With the Joneses

It used to be that people would compare themselves with their family, friends and neighbors.  It makes sense, if you think about it.  People are most likely to compare themselves to what and who they see on a daily basis.  If your neighbor buys a new car, you might be more inclined to feel the [...]

What Will Happen to My Family if I Die?

Seems like kind of a harsh question to ask, but I think it’s a necessary one.  A number of years ago my wife and I purchased a $100,000 term life insurance policy on me.  My rationale was that we were young and didn’t have much debt and that was enough to get my wife back [...]

Is $1 Million Enough To Retire on at 55?

As I often do, I found myself standing in the front yard talking to a friend of mine while I was watering the lawn.  He’s 51 years old and has been working at the same company for 20+ years.  A few weeks ago, he told me that he’s going to have to start driving a [...]