Consider this a public service announcement about early retirement that You don't hear that often (if at all). Stumbling around on Twitter a couple months ago I ran into a series of tweets that shocked me. Apparently a fellow money blogger had retired and things had not gone so well -- not because of money problems, but because of health issues. I contacted the wife … [Read more...]
Archives for April 2020
Millionaire Interview 184
Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. Note: This interview was done in mid-March, 2020. My questions are in bold italics and his responses follow in black. Let's get … [Read more...]
Who Needs Long-Term Care Insurance?
Last time I gave an overview of long-term care (LTC) insurance. That post covered basics like what is LTC insurance, how likely is it that you'll need it, and what are the costs on both sides (cost of care and cost of the insurance). This time we're going to focus on who might need LTC insurance, the issues to consider, my thoughts, and what we're doing. Let's get … [Read more...]
Long-Term Care Insurance Overview
Every now and then someone asks me to write a post about long-term care (LTC) insurance. In addition, the topic comes up now and then in a post I write. I have been reluctant to get into it because many readers find insurance to be one of the least-interesting personal finance topics (I can tell in my site's numbers every time I write about it). That said, it's an … [Read more...]
Millionaire Interview 183
Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]
The Financial Implications of Owning a Cat
One of my favorite songs of all time is "The Long and Winding Road" by the Beatles. This post is likely to resemble that song and could be named "The Long and Winding Post". So if you're not into the backstory of my history with pets/cats, you can jump to the money stuff below where I "get to the point." On the other hand, if you're interested in how we came to own a … [Read more...]
How to Have a Purposeful Retirement, Part 1
Many eons ago, I was a young business school graduate at my first "real" job. I was working for a company that was then (and is still) in the top 50 Fortune 500 companies. Needless to say, I was pretty green, a bright-eyed, bushy-tailed country boy from Iowa, now in the "big city" to make my dreams come true. Cue the theme song from the Mary Tyler Moore show! Up to … [Read more...]
Millionaire Interview 182
Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]
Millionaire Interview Update 2
Today I have a couple updates for you from previous millionaire interviews. I'm letting three years pass from the initial interviews to the updates, so if you've been interviewed, I'll be in touch. ;) Today we begin with Millionaire Interview 2. FYI, both interviews took place in March 2020. As usual, my questions are in bold italics and his responses … [Read more...]
The Top Five Money Secrets of the Happiest Retirees, Part 3
Today we're finishing up the five money secrets of the happiest retirees from the book You Can Retire Sooner Than You Think. If you need to catch up, the first two posts in this series were The Top Five Money Secrets of the Happiest Retirees, Part 1 and The Top Five Money Secrets of the Happiest Retirees, Part 2. Now we round out the five by covering secrets 4 and … [Read more...]
