Learn about preparing for life after full-time work through posts from Don's upcoming book.
Sometimes we think that making a budget is a long, complicated process. But for the purpose of setting a financial target, it doesn’t have to be. It’s surprising how simple it can be, while still being useful.
I’ve come across lots of rules about how much money you’ll need for a happy, comfortable retirement. And all sorts of numbers, and all sorts of ways to calculate them. When I saw what colleagues of mine came up with, about what it really means to be rich, I loved the simplicity of their concept.
Mostly we don’t think about life after work until it gets really near. So I asked some people to think it about now, while they’re still working. Can you learn from the dreams and hopes and fears of others?
How to think about the taxes you pay, and why there are no universal principles that you can follow.
All that’s necessary is to understand a couple of very basic things: why people invest, and what sort of general goals they have for their investments.
Why do so many people misunderstand life expectancy? Is it the arithmetic or the concept? Let’s take a look. (Spoiler alert: the arithmetic is simple.)
Of course money is important. But life is about so much more.
Our happiness varies through life. You may not know that typically the way happiness varies with age is predictable.
Really! Here’s why you don’t ever need to be an expert on any aspect of this.
You may wonder why you should bother with retirement-related stuff at all. Here’s why.