Gauging Your Psychological Readiness for Retirement

Revisiting the Risks of Retirement Spending Rules In this update to a 1998 article, we discuss the risks of spending only portfolio income, spending returns or making inflation-adjusted withdrawals. Illustrating the Value of Retirement Accounts Two examples show the considerations to be taken into account when deciding between a taxable account, a traditional IRA and…

 

Reasons for Individual Investors to Be Grateful

In his TED Talk, David Steindl-Rast makes the case for happiness being directly tied to gratitude. The monk and interfaith scholar says people who are more grateful tend to also be happier people. I’m referring to Steindl-Rast not only because he gave a great talk (to be fair, I’m a fan of TED Talks in general),…