Here’s what fees can do to your retirement if you don’t pay attention

My Comments: While this was apparently written for Canadians, I assure you it is equally valid for those of us in the States. What you can never forget is that not every financial advisor or company offering investment products have your best interest at heart. That’s not to say fees are evil, they are not. …

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How a Reverse Mortgage Can Benefit You in Retirement

My Comments: Being alive carries with it certain risks. Some can be managed and some cannot. Running out of money in retirement is a risk you want to avoid if you can. To the extent you have been able to pay off a home mortgage or otherwise find yourself with an equity position, sometime a …

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The 6 Best Vanguard Funds to Own in a Bear Market

My Comments: Much of my retirement money is at Vanguard. At some point I’m going to decide we’ve hit bottom and move it back into Vanguard growth funds or ETFs. But right now, if you have the courage of your convictions, here are five low cost funds that you can use. If you are still …

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Retirees Will Spend a Third of Their Social Security on This One Big Expense

My Comments: My efforts to coach people to start thinking seriously about their future retirement is complicated. For every positive associated with retirement there are just as many negatives. This is one of them. Unless you plan to die before you reach retirement, you should find time to get your ducks lined up well in …

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Do You Know These Basic Financial Terms?

My Comments: The lack of financial literacy for most people is an existential risk when thinking about money and the role it plays in peoples everyday lives. And it becomes even greater when the idea of retirement surfaces and what has to be put in place long before that day arrives. Here’s a start… by …

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A Retirement Plan for Workaholics – 5 Tips

My Comments: If you’re still a working stiff, the idea of eventual retirement crosses your mind from time to time. In years past, we thought of live as having two phases: childhood and adulthood. In childhood we are dependent on others and in adulthood we are dependent on ourselves. Adults worked until they died or …

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A Glossary of Basic Investment Terms

My Comments: Financial literacy has to start somewhere. If you are planning for an eventual retirement and want to grow your money between now and then, a degree of financial literacy is mandatory. Start here… by Emma Johnson \ June 1, 2018 If you’ve ever scanned the business headlines, you’re probably familiar with terms like …

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