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 lot farther to work each day due to the company
Retirement Path Getting More Clear – I’m Headed for the Desert
I’m just back from an absolutely wonderful, relaxing vacation in Arizona. We went down and spent just under a week with my Aunt and Uncle in Lake Havasu. They have a beautiful house there on a golf course in a gated community that they spend the winters at. It was better than a 5 star resort. Our daughter spent hours and hours in their swimming
Most Americans Still Unprepared for Retirement
Wow. CNNMoney has an article up today about a recently released survey from the Employee Benefit Research Institute. They surveyed 1153 US workers and retirees older than 25 years of age in January. Here are some of the results: 54% of workers said they have less than $25,000 saved for retirement 24% have delayed their retirement in the past year 27% of workers said they
Moving to the UK as a Retirement Option
Previously I mentioned that we were working to get our daughter registered as a UK citizen. She is eligible for British citizenship because my wife was born in England, although she lives in the US now and is also a US citizen. As we thought about it a bit, we realized that we’d be foolish not to register our daughter as a UK citizen. While
2010 Goals – Happy New Year
It’s a new year so that means it’s time to set a few goals for our finances this year. We are still fortunate to both be employed so our budget has been comfortable so far. As I read the multitude of articles about people suffering through financial hardships, I feel bad for each and every one of them. Each article reminds me to do all
Make Sure Your Investment Analyst Doesn’t Have a Window
I thought this Saturday Night Live video was pretty humorous. All that being said, remember what Warren Buffet says, "Be fearful when others are greedy and be greedy when others are fearful".
A Valuable Lesson on Keeping a Percentage of Your Investments in Cash
From the beginning of my investment career I have always thought that if you weren’t in stock with all your money then you were probably missing out on some returns. That was especially true as I watched the dot com era and then the latest run up in stock prices. While I did keep most of my investments in index funds, I have always had
What Are My Options For Retirement?
Over and over I read about various people’s plans for creating retirement income. You know the one thing that they have in common? They all have different approaches. There is no “one size fits all” approach to retirement out there. Many of us do not know what will happen after retirement, we may be fine financially, but illness can occur and the need for a philadelphia home
Buying Real Estate In Another State
When I was younger I used to think that the best thing I could do would be to buy a second home in Arizona. Why? Because some day I want to live there in the winter (aka: Be a Snowbird). I was convinced that a key strategy to my investing and saving for the future was to lock in a low price on a place
15 Excuses To Put Off Saving
We all know someone that doesn’t save a dime. Maybe that’s you? The reasons people cite for putting off saving are many. There is only one problem with all of these reasons. No matter how good your reason is, your future self won’t accept it. The best reason in the world won’t help you pay your bills when you are older. That really good reason