The Relaxing Retirement Coach Blog
Monday, August 6th, 2018
Several years ago, I shared a “spirited” conversation we had with friends over dinner about health which led to some research on my part, and a revelation about the remarkable similarities to “financial health.”
I shared this story with a new member recently and it prompted me to update my research and reveal some new distinctions with you.
This will take a few moments, but I promise …
Tuesday, July 10th, 2018
Imagine for a moment that you’re having a conversation over dinner last Friday night with your brother and his wife. Answering the common question, “what’s new”, he dives right in and shares what he’s been up to.
In addition to the nice home he owns and lives in with his family, he also owns a two-family home in town which he has been collecting rent on …
Tuesday, June 12th, 2018
A year rarely passes without me hearing another horror story in financial circles about families losing half of their parents’ IRA to taxes due to a careless mistake that was completely avoidable.
In the most recent situation we heard about, over $922,000 went to pay federal and Massachusetts state taxes.
This, and the countless questions I receive from members on this topic, always reminds me to reinforce …
Friday, May 4th, 2018
Did that headline get your attention?
I’m sure it did. I’m sure it also rattled a lot of un-suspecting Bloomberg, CNBC, Yahoo Finance, and Market Watch viewers as well.
This is the headline that first ran on Bloomberg, with CNBC, Yahoo Finance, and Market Watch following suit right after.
Please pay very careful attention to the words they chose to use in the original Bloomberg story, “U.S. stocks …
Monday, April 2nd, 2018
During one of those days in February when market prices fell 3 to 4%, or over “1,000 points” as our friends in the financial media choose to refer to in order to embellish the story and capture your attention, one of our Relaxing Retirement members asked me a great question, “how can you be so confident even when markets are crashing?” (those were her exact …
Tuesday, March 6th, 2018
Did you see this headline last week?
On Tuesday, February 27th, in big bold RED letters above The Wall Street Journal newspaper name across the top of the newspaper, was the headline, “RETIRE REASSURED, The fear of outliving your money is real, but has a solution been right in front of us all along? See Page A5.”
In tiny letters in the top left-hand corner was the …
Monday, February 19th, 2018
Most Americans walk proudly and carefree when market prices are climbing.
Risk becomes irrelevant. Strategic asset allocation looks boring, and disciplined diversification gets called into question because some asset classes outpace others. Many begin to lament not having all of their money in the winning asset class over the last year.
The fact that markets correct all the time and have experienced many ugly stretches during their …
Friday, January 5th, 2018
While shooting baskets at the gym with my son Michael down in Chatham last weekend, I observed him do something I’ve seen him do dozens of times over the years. Something we’re all guilty of and can learn from as I will expand on in a moment.
As I rebounded and fed him the ball after warming up for a bit, he went on a roll …