Tag: financial planning

Values-Based Retirement Planning

In the past, the transition to retirement has been viewed solely as an economic event. As a result, the focus of retirement planning has primarily been on building a nest egg. In The Late-Start Investor, author John Wasik recommends discarding this obsolete view in favor of a “flexible life plan that provides for financial, vocational, […]

Retirement Expectations

Retirement will trigger changes in every area of your life.  As you anticipate and prepare for this stage of life, you are likely to look forward to certain changes and to dread others. In fact, it is not uncommon for individuals to experience many ambivalent feelings towards retirement because of the significant transitions they anticipate. […]

6 Ways Money Can Buy Happiness

Whilst the Beatles sang “Money Can’t Buy Me Love” and that is probably true, it turns out that “Money CAN Buy Happiness”. Scientific research has concluded that it is how you spend your money that can affect your level of happiness, both positively and negatively. To help you spend your money wisely, here are six ways of doing […]

Goal Setting Outside of the Box

  “We should never let reality interfere with our dreams. Reality can’t see what we can see.”  —Simon Sinek   Goals are targets—something to aim for.  They give life a sense of purpose and direction.  In addition, setting goals is a proactive way of designing your life, initiating positive change, and preparing for the future. […]

How Much Should You Save for Retirement?

INTRODUCTION Most people ask themselves this question at some point in their working life (hopefully, relatively early). With the continued shift toward defined contribution plans, future retirees are being asked to take on more responsibility for their retirement outcomes than in the past. So the question is of vital importance. But do we have a […]

Financial Fashion Victim

The global fashion industry is fickle by nature, pushing and then pulling trends to keep hapless consumers forever turning over their wardrobes. Much of the financial services industry works the same way. Fashion designers, manufacturers and media operate by telling consumers what’s in vogue this year, thus artificially creating demand where none previously existed. What […]