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The Infrequent-Driver Discount

The Infrequent-Driver Discount

Thanks to trains, scooters, and bikes, my car now sits in the garage 99% of the time. So, when a friend told me about an auto insurance carrier that charges by the mile, I figured it was a no-brainer for me to make the switch. As it turns out, it was. While I don’t drive often or far, I love
We Married for the Money

We Married for the Money

Ray and Reynaldo are an older couple who got used to a life where marriage wasn’t an option.  They had their version of a ceremony and did some planning to ensure their goals would be achieved many years ago, and no one got down on one knee once it became legal for same-sex couples to marry. ...
The Indefinite Marital Separation

The Indefinite Marital Separation

Seven years ago, my friend Tom came out as gay to his wife, Debra, so they separated. He’s been dating a guy named Terrell for the past year. There’s just one little twist: he and Debra never divorced. So what exactly does this mean for their finances? Permanent and long-term separations are
Ditching Our Behavioral Biases

Ditching Our Behavioral Biases

Any of these sound familiar? I’m an above-average driver. I knew that was going to happen. I feel safer driving a car than being on a plane. My son / daughter is one of the smartest in their class. My dog is very well behaved. If you’ve said (or had a friend say) any of ...
Expand Beyond Goals

Expand Beyond Goals

Terry, a retired older friend of mine, inherited a large sum of money from his dad. Since Terry has already achieved his fundamental goal of having financial freedom and doesn’t need the money to support his lifestyle, he is left the portfolio on autopilot and hasn’t asked any questions about ...
Principal Invasion

Principal Invasion

Two retirees walk into a bar. One guy tells the bartender that he wants a portfolio of dividend-paying stocks where he can live entirely off of the income it generates. The other guy says he wants a portfolio that can provide him stable cash flow for the rest of his life. The bartender says, ...