Q: When I began my financial plan last year, my planner suggested that we assume I will live to be 95. My family isn't known for its longevity, so I told her that seemed a little ambitious.
A year ago, I wrote a column titled “Confessions of a Bull Market Genius” in response to the stunning stock market rally of 2020.
The past year was phenomenal for stock market investors. The S&P 500 index rallied nearly 30 percent, while technology stocks soared even higher.
Few things bring greater meaning to my life than using my time and resources to further the work of charitable organizations that align with my values.
Q: After working from home for the past 20 months, my home office is out of control. I have piles of papers everywhere. Not only is it embarrassing, but it is also getting hard to keep everything straight.
Several years ago, I read Walter Isaacson’s excellent biography of Apple founder Steve Jobs. It was a fascinating book, full of interesting insights into the mind and character of one of the brightest consumer marketers of our time.
I am often surprised by how little attention some people give to their retirement accounts. They don’t look at statements. They don’t remember who their beneficiaries are.
If you want to successfully save for retirement, you need to learn how to properly manage your retirement accounts. An annual review of your IRAs, 401(k)s and other retirements accounts will help you stay on track.
Few things will have greater impact on your financial future than the decisions you make about how you save and spend money. However, sound financial planning also requires that you carefully develop your capacity to produce income.