There’s a rather simple way to determine whether you’ll be able maintain your current lifestyle in retirement: Calculate your projected retirement income and then see if your lifestyle fits into it.
To gain a better understanding of the debt ceiling, think of the federal government as your spendthrift friend who, despite best intentions, consistently spends more than he earns.
Mental health challenges such as anxiety, depression and bipolar disorder can make it difficult to perform daily tasks and maintain healthy relationships.
A pay raise is more likely to make retirement harder, not easier.
The NFL Draft and securities markets both provide researchers with huge amounts of data for analyzing judgment under uncertainty and decision under risk. Research leads to understanding how NFL general managers and investors make choices when resources are at stake and the outcome is unknown. In other words, you discover how forecasts are made and […]
Based on the time of year it is right now, there’s some inherent positivity afoot.
In my words, this is a convergence of the disciplines of financial planning, life planning, coaching, behavioral finance and financial therapy.
Most people have the near term figured out but can’t make the long term work.
What was true for the Bailey Bros. Building & Loan in “It’s a Wonderful Life” still rings true for J.P. Morgan today: If too many depositors demand their money back at the same time (a bank “run”), you can’t pay them all, and the bank fails.
Enter into this process with a calm mind and empathetic words.
However large or small of an inheritance you receive, proceed with caution.
I’m having a hard time getting my head around the logic in buying a new home (with the use of a mortgage) for those people who currently have mortgage rates in the 2% to 3% range.
At the same time, we can’t help but see the similarities between the hype surrounding how AI is going to disrupt the way we live and learn with the excitement over how cryptocurrencies were going to replace government-issued currencies and “de-fi” (decentralized finance) was going to render our current financial system obsolete.
Money management is different in that we tend to be drawn to others that complement our natural approach.
Of course, living downtown isn’t for everyone, especially in particular stages of life, but it’s a brilliant choice for those whose lifestyle affords it—and I don’t just mean in the financial sense.
You listed nine instances in which you should have reconnected with your financial adviser. You are zero for nine.
Indeed, the very first Bitcoin was “mined” in 2009. By late 2021, the market value of cryptocurrencies reached a staggering $3 trillion.
People’s financial success can be impacted by what they choose to place their confidence in. False financial confidence is frequently rooted in denial, ignorance and delusion.
Regardless of your participation or success with “Dry January,” “Frugal February” is a chance to focus on your financial health.
The combination of COVID and Russia’s invasion of Ukraine delivered the coup de grace to globalization by exposing the fragility of interdependence and risks of offshoring.
