Life insurance is a tricky subject. It forces us to confront something most people prefer not to think about: our mortality. And as we get older, the issue feels much less theoretical. Still, if you’re like me and already a senior, it’s a conversation you probably need to have. Should you buy life insurance late […]
I’ve been a financial DIYer for decades, pretty much my entire adult life. And for most of those decades, it felt pretty straightforward. Now that I’m 63, the fact that I’m mostly retired is a testament to how well these habits and approaches work (especially when accompanied by a fair amount of good fortune). But […]
It took some doing. After 20+ years in academia, a notoriously underpaid career choice, followed by a brief stint as an employee in a small engineering services company, I started my own one-person consulting practice. That let me set my own compensation, and not worry about job security, as long as I could find customers […]
Every once in a while, recession fears dominate headlines. And many people obsess over this kind of doomsday-peddling. However, as CNN’s David Goldman wrote recently, “Economists have been predicting or warning about a recession every single year for the past eight years, and they were only right once – kinda.” Even the famous yield-curve-inversion recession […]
I believe there are three main reasons we all need to be concerned about our retirement plans: And I feel the best way to avoid running out of money in retirement is an approach called “guardrails.” In this article, I offer a deep dive into the guardrails approach, a less well-known, advanced strategy to provide […]
Has your financial advisor lost you money? Maybe it’s time to lose your financial advisor. Breakups are never easy, and firing your financial advisor is no exception. But if you follow the right steps, the process can be relatively painless. One of the most important financial decisions we make is who we take financial advice […]
How much money do you need for retirement? This commonly asked question reminds me of my mom’s scoffing, “How much cloth do you need to make a suit for an orphan?” she’d ask. The point is, it’s irrelevant that the suit is for an orphan, but you’ve been given no relevant info, such as the […]
Looking for a financial advisor who specializes in working with cross-border Canadians? You’re in the right place. Below, you’ll find advisors who understand the financial complexities of moving between Canada and the U.S., along with their answers to common questions from Canadians navigating life, work, and money across the border. Whether you’re preparing to move […]
Looking for a financial advisor who specializes in working with SpaceX employees? You’re in the right place. Below, you’ll find advisors who understand SpaceX benefits and compensation — along with their answers to common financial questions from SpaceX employees and executives. Whether you’re a new SpaceX employee or you’ve advanced into a management or executive […]