Well, if I had a hair back for all the times I've heard that, I would still have my Beatle cut! Everyone wants to know how they're doing, did I save enough, my next door neighbor said I should have had a zillion dollars saved by this age, and about the penny stock that went…
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The Goal Of Wealth Accumulation
As we go through life, we are taught to save. From a simple savings account to our 401(k) or pension plan, our goal of saving is to accumulate wealth for a goal to be attained later in life. Some goals are small: a TV , stereo or a computer. Some may be a bit bigger:…
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Bridging The Gap From “Accumulation” to “Income”
As I talked about in my lead article, at some time in your life moving into retirement entails moving from the "accumulation stage" of life into the "income stage" of your life. It won't be about how much you have, but how it will support you from the day of your retirement party (still wearing…
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Being Involved Is A couples Activity
Every household handles their money issues differently. Some tend to separate the duties by the amount of money they bring in i.e. you pay the mortgage and utilities, I"ll pay the groceries, car insurance and car payment. Some, once married, pool their jointly earned money and utilize one checking account to pay all the bills.…
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