Earl is concerned about “sequence of returns risk,” and the “safe withdrawal rate” typically guides every spending decision in his life with clockwork precision. But it doesn’t appear to apply inside the Costco building. I generally don’t like shopping, but I don’t mind going to Costco. I sometimes go with my wife to get a … Read more
It’s simple. When interest rates rise, bond prices fall. Stocks get nervous. Yields go up. Good for retirees? Maybe, or maybe not. Any questions? Interest rates have been in the news for a while now, which is a polite way of saying they have become a regular and mostly unwelcome topic, showing up in headlines … Read more
This article is part of the Biblically-Informed for Retirement Steward series (BIFRS). Planning for healthcare, both before and in retirement, isn’t fun or glamorous. It’s not as exciting as planning for travel or hobbies in retirement. But it’s absolutely essential. Without adequate healthcare coverage and planning, a single medical crisis can severely impact your financial … Read more
I wrote this article because the “Earl password cartoon” and article actually identified the real challenge at the heart of this whole exercise: the more complete and useful your information/instruction letter is, the more dangerous it becomes if it falls into the wrong hands. A document good enough to hand your whole financial life to … Read more
