Dealing With Financial Risk in Retirement
In the last article, we looked at what I believe to be the greatest risk in retirement: retiring without a clear sense of calling and purpose.…
Sustainable Retirement Income—Part Two: Variable Withdrawals
In the last article, we examined the first of two main types of systematic withdrawal strategies for sustainable retirement income: fixed…
Sustainable Retirement Income—Part One: Fixed Withdrawals
In a recent article, I discussed spending in retirement and whether our costs go down as we age. In this article and the next, we’ll…
Does Retirement Cost Less As We Age?
There are two prevalent assumptions about the cost of living in retirement. One is that most retirees can live on 70% to 90% of their…
My Year-End Retirement Stewardship Review and Planning Routine
I’m occasionally asked how I manage my retirement finances. I’ve touched on some aspects in previous posts, but I thought…
The Expenses Side of the Retirement Equation
As I mentioned in my last article about spending in retirement, this one is a chapter from my new book, which I plan to self-publish very…
Spending and Retirement Stewardship
I try not to “preach” about spending in general or spending in retirement in particular. It’s not my place to tell anyone…
Is Purchasing a Vacation Home Wise Stewardship?
I was recently asked by a friend what I thought about buying a vacation home, specifically a beach house. They said they have a relative who…
Making New Years Resolutions? How About “Spend Less, Save and Give More”
Lots of people make resolutions this time of year. Not surprisingly, things like paying down debt and saving more tend to show up the most.…