I was at a retirement party yesterday and there was a lot of talk about social security – it’s fun to hang with old folks like me. The general sentiment was a feeling that social security is my money. My employer and I both paid in through payroll taxes throughout my career so it’s mine. […]
You Can’t Take My Social Security – Round 2 Read More »
I’ve written quite a few posts about the economics of retiring. Today we’re talking about the mechanics. What will I do with all that time? I was at a retirement party today and the guest of honor, who had just retired was asking me what I do with my days. He’s worked for years, what
How to Retire – A Beginner’s Guide Read More »
Welcome to retirement. We’ve spent 40 years of our life socking away money and now it’s time to start spending the money we’ve saved. This should be easy, right? Unfortunately, it’s not as simple as we might have hoped. And the potential impacts of taxes could cost us. Let’s take a look. Account Types If
Taxes in Retirement – Which Account Should I Use First? Read More »
I get hit regularly by phishing texts and emails. Let’s back up a bit. Phishing (like fishing) is when person or computer casts out a nice juicy piece of bait, in hopes that they’ll get a bite. Here’s an example. Back in 2001, the company I was working for was taken down by the Anna
If You’re Going To Phish, At Least Put Some Effort Into It Read More »
In my writing and in my personal finance classes, probably the least loved topic is budgets. A budget is kind of like a diet, or a new year’s resolution. It’s something we tell ourselves we should do but we don’t want to. And then like the diet and the resolution, we don’t. Making Budgets Fun!!
Budget is Not a 4 Letter Word Read More »
Today we’re going to poke fun at conventional wisdom. Saddle up! A guy walks up to you on the street. He says he’s got a great deal on an over-valued stock. You: Conventional wisdom tells us 2 is the right answer. 1 is acceptable, and 3 is crazy talk. That’s not just me sayin’. Look
Overvalued Stocks – Stay Away! Read More »
Take 2. On Sunday over coffee, I started describing my solar journey in great detail. Rich quickly fell asleep despite the dark roast he was guzzling. Lesson learned. I’ll skip the details and cut to the chase. Why Solar? Going solar is expensive. And many don’t like the look of the panels on their roof.
Solar Panel (and Battery) Update Read More »
In addition to the other topics on meatball Thursday, Mike and I covered car insurance. I saw some info today from Clark.com which reminded me I meant to include this, oops. Why Is My Insurance So High? I wrote in my Get Angry post about a huge increase this year in the price of my
Thursday Extra – Car Insurance Read More »
I’m hoping some of you will respond in the comments below. I started thinking about this today. As I look at some recent investments. I started to realize that context plays a big role in this. Investing I bought 10 shares of a company called Axon Enterprises for $586.61 per share back in February. It’s
What’s a Lot of Money To You? Read More »
I’ve written a bit about covered call options here, here and here. But here’s a brief overview. I buy 100 shares of a company I like. This is the key. It needs to be a company I’d be happy holding for 5 or more years regardless of what the price does. Once I own the
Making A Few Extra Bucks With Covered Call Options Read More »