An online group recently discussed the question “what are some ways that you SPLURGE or treat yourself in retirement?” Over 740 people responded to the question with many saying that a lifetime habit of pinching your pennies for the future is a difficult habit to break. Far and away the top comment was “More Travel” – especially upgraded with first class seats, 5 star hotels, … Continue reading 80 Ways People Splurge
The website, Ooma, recently published this interesting infographic comparing the states for the cost of living for retirees. They used 9 different dimensions for their ranking It’s a looooong infographic, so I broke it into key components so you can see the comparisons more easily. How does your state compare? I wasn’t surprised to see that our primary home state of Minnesota ranked in … Continue reading Retirement Cost of Living
Just a quick post this morning. I wanted to share this data I just came across in the Wall Street Journal. If you want to feel good about how your retirement savings are going, just compare your savings with these mean & median figures from across the USA. I’m guessing if you found your way to this site, you are running well ahead of the … Continue reading Mean & Median Net Worth
Everyone hates the idea that Congresspeople are using their positions to gain secret information to make investments. Political insider trading has been made illegal several times (usually after a damning CBS 60 Minutes broadcast), but later Congresses have either changed the laws or eliminated the penalties. You may have heard that some plucky entrepreneurs have decided to create ETFs that attempt to mirror the Congresspeople’s … Continue reading Insider Investment
Northwestern Mutual does a nice annual study on the ‘state of retirement’ in the USA. It’s a pretty exhaustive analysis that looks at all aspects of life and our involvement and satisfaction with each dimension. Link: Northwestern Mutual 2025 ‘Planning & Progress’ Study I was surprised by a few of the numbers from this year’s study and thought I’d share them. First, Americans are pretty … Continue reading Retirement Confidence
About once a year, some dusty old post from this site will “pop” and go viral. My post on private label grocery products from May of 2017 is the latest. Link: National vs Store Brands For some reason, it’s the top read post of 2025, after sitting mostly ignored for the last 8 years. After its 2017 debut (with a few hundred views), it fell … Continue reading Store Brands Revisited
I recently saw an interesting thread that discussed “How Can You Tell Someone Is Rich?” That is, what are the signs that someone has money, even if you just met them? It caught my attention because high on the list was “they retired from work in their 40s”. Here are some of the responses that people said suggest someone is rich … In general, these … Continue reading Signs Someone is Rich …
It’s good to see the stock market trending up after the chaos of the initial Trump tariff actions this year. The S&P 500 today sits up +2.6% from where it started the year. Still, I’m not quite sure how to read my portfolio. The bond side of our holdings are flat, but the US Dollar – which all of these investments are enumerated in – … Continue reading Investment Returns vs Dollar Strength
The simplest route to FIRE (being financially independent & retired early) is to spend less than you make. That is, simply put … to SAVE. Unfortunately, Americans have never been good savers. I last lamented on this in April 2020, at the start of the pandemic lockdowns. We were told that Americans were such poor savers that the pandemic required the government to bail everyone … Continue reading Personal Savings Rate Update
If you are a certain age, you might have carried a Franklin Day Planner with you to meetings like I did. Before Smartphones, these zippered, leather-backed, “monarch-sized” portfolios were essential to MegaCorp life. I would get to work early and dutifully plot out my objectives for the day. I especially enjoyed seeing the daily quote that accompanied each page. How long ago that seems now! … Continue reading Quotable Financial Quotes
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