Retirement

Creating Your Personal Pension Plan

Creating Your Personal Pension Plan

When you retire and begin to support yourself with portfolio withdrawals, life changes for your portfolio as well as for you. There are new risks, taxes, and other considerations for your investments; new questions about how best to raise the cash. Often there are unexpected emotions that arise as you draw down assets, causing cracks to appear between funding your retirement dreams and wanting to make the money last. A retirement cash-management plan can help bridge the gap.

The Carpenter Who Never Retired

The Carpenter Who Never Retired

A recent Wall Street Journal article, When Will I Retire? How About Never, asked the question, “What drives people to keep working long past the age when they could comfortably leave the workforce? What benefits are they gaining that those who retire might miss out on?”

The article highlighted examples of several people pursuing very different careers well past traditional retirement age and made me curious: what would the AI program Chat GPT-4 think about the idea of not retiring? This led to the conversation below, completely unabridged. The prompts are mine, everything else is Chat GPT-4.

Encore! – We May Need More Than Three Acts

Encore! – We May Need More Than Three Acts

The Center for Disease Control & Prevention lists developmental milestones for the first five years of life – “skills such as taking a first step, smiling for the first time, and waving “bye bye.”” After five years, evidently, all bets are off, and it’s up to us to figure out the appropriate next steps. Now that we’re living longer, with yet more longevity on the horizon, what should the developmental goals be for our lives?