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Experiences make people much happier than material items because we become bored with our purchases rather quickly, while the memories of experiences are ingrained forever. Never have I felt this more than when I recently came across some autographed framed photos and baseballs hidden away in ...
I often wonder what I would do if my worst financial doomsday scenario happened. Maybe some unforeseen event ends my career prematurely. Maybe my mom needs thousands of dollars for long-term care. My current fantasy solution is to become a Central American expat living for about 50 cents on the
For the past year, I’ve shared ideas about how you can achieve a state of financial independence (the point where you work because you want to, not in order to maintain your lifestyle) by age 60. As an advisor, it brings me great joy when a couple delivers a highlights reel of how, on their ...
People often plan for retirement based on their current lifestyle, which includes the cost of living in their current city. How much sooner could you retire if you moved to a city with a lower cost of living once you stopped working full time? As it turns out, the cost of staying in that big, ...
The tiny house movement is sweeping the nation. While, according to Wikipedia, the average size of a new house grew from 1,780 square feet in 1978 to 2,662 in 2013, some people are focusing on “tiny houses,” which are less than 1,000 square feet. So what gives? Are these people finally ...
When my dear friend Jim is not tending to patients, he’s hiking in Bhutan, skiing in the Rockies or challenging Six Flags’ biggest coasters. At 67 (8.19 squared as he puts it), Jim is my poster boy for how to totally crush it in the glory decade, aka our 60s. Given that we’re living longer ...