LATEST BLOG POSTS
Miss the newest posts? Here are the last six!
Words: The Power to Create or Destroy
They seem so small and harmless: words. Yet words can create great beauty and wonderful works while at the same time destroy relationships, ruin happiness, disrupt wealth, even bring down empires. Words are a means to communicate. The accuracy of our words makes the difference between building great things and fantastic disasters. NASA’s Mars Climate Orbiter failed in 1999 because engineers did not convert English measurements to metric. A word left unsaid wasted $125 million and countless hours of work.
Freaky Friday: Laughing All the Way to the FIRE Lifestyle
Have you ever wondered what people were like when they were younger? What were people who attained financial independence early life like when they were growing up? Is there anything special about early retirees?
A week ago I proposed life is one big joke and then it is over. My original intentions were to add more humorous material. What concerned me were two things. One, writing humor is no easy feat. All too often when writing a joke, crickets fill the room after the punch line. The only fallback for the comedian is, “Well, I guess ya had ta be there.” Two, not everyone thinks the same thing is funny.
Financial Planning and the Death of a Spouse
There are critical times in the course of life when financial independence is at risk of destruction. A lifetime of planning, saving, and investing can go up in smoke in a few short years without an adequate plan to protect the most vulnerable member of a marriage (or any relationship, for that matter) after the death of a spouse or loved one. The trauma and grief after a loved one dies is acute. Deep pain and emptiness creates risks for the surviving spouse. Well intentioned, and lonely, people will try to connect with the bereaved. A couple committed to a lifetime of financial discipline will acquire a massive nest egg of retirement wealth. The surviving spouse is a prime target, a highly desired, person for this reason. Even people with honorable intentions can wreck havoc on the surviving spouse’s finances.