2020 Financial Planning Blog
Retirement Income Strategy: Event Segmented vs. Time Segmented
Converting a retirement income portfolio from accumulation to distribution can be nerve wracking. A widely accepted approach has been to segment it in time intervals, but what psychological value might there be in segmenting it out by events?
The Perils of Self Diagnosis With Your Investments
There are many facets of life where, once we develop a baseline of core competency, we can conduct on our own without much relative risk or downside consequences. But the higher the stakes for getting it wrong, the more crucial it is to seek professional insight or advice.
Other areas though have higher consequences if we don’t seek objective counsel from professionals. For our wellness these may be medical, psychological, and spiritual. For our homes they could include plumbing, remodeling, electrical work, landscaping, etc. For our autos they would be, well, really, anything…
Bitcoin Primer
So far there seem to be 2 camps that exist for crypto currencies (Bitcoin is a crypto currency).
One tends to include tech workers and those affiliated with tech (e.g. VCs). These are the intrinsic flag bearers of Bitcoin. The other? Most everyone else.
Lifestyle Choices: To Say No, You Need A Yes
In planning our life path, we identify how to improve ourselves and our life station (our ‘yes’es). We identify what to avoid (our ‘no’s). Yet, every day we are bombarded with lifestyle spending choices that can pull us away from our ‘yes’es. How do we respond?
A Budget Strategy For Variable Income
If you have variable income, you likely are faced with the challenge of creating a budget strategy. What will your income be? What assumptions can accurately be made? Yet, is it much different than the challenge anyone else has with creating a budget?
Your Financial Puzzle: Putting All The Pieces Together
A crucial trait to reaching financial freedom is the ability to see how all the parts of your financial life fit together. Are you able to see the implications of today’s financial behavior and lifestyle for your future self?