Keen On Retirement™

Today, we’ll explore these questions and a few more as we take a look at what other people are saying about retirement and whether we think they’re correct…or just misguided.

A significant number of retirees are failing at retirement to some degree and in today’s episode, we discuss what failing means and how you can avoid it. Fortunately, we can identify some of the more common ways people fail at retirement and help you steer clear of them.

When it comes to making money decisions, humans are not always logical. We have a tendency to make behavioral mistakes and let emotions get in the way. Whether it’s being overcome by fear or greed, or letting the recency effect or confirmation bias cloud our judgment, these and other biases can hurt our investment returns.

“History doesn’t repeat itself, but it rhymes,” according to a popular Wall Street saying that is often (mis)attributed to Mark Twain. No matter the source, it makes good copy! Looking beyond its cleverness, the saying does make sense. History never exactly repeats itself but closely studying financial market history can help us avoid making big mistakes in the future.

The financial media bombards us with attention-grabbing headlines designed to get us to read their articles so they can sell more advertising. Often times, their “news” is nothing more than noise that can distract thoughtful investors from really understanding what’s going on. Today, we’ll take a look at the business cycle and the stock market cycle to learn how economic fundamentals–not noisy headlines–are what we should ultimately focus on.

Hitting age 50 is a major life milestone. It’s also one of several key ages that triggers some critical financial planning decisions. Today, we’ll review various age milestones and discuss the financial decisions they trigger.