We all have heroes in our lives. Maybe a teacher, a mentor, a parent, or even a child fits that bill. I have several. I must confess, I like strong women and many of my super heroes are just that, strong women. I’ve learned a lot from them and I still do. Maybe you can benefit from what I have learned.
Archives for May 2015
Baby boomers like to drink wine, don’t we? I do (although it is hard to beat a good IPA). We hear and read that a moderate amount of wine – red wine in particular – is good for us. I choose to adopt this belief in my own drinking habits. Sadly, based on this new report, I may have to cut down when I am older. But why am I talking about wine here and now? A short video will explain.
I have advocated for a retirement plan in which the prospective retiree selects – in advance – an age at which he or she will retire. Some would call this retirement goal setting. I think this makes sense because without a definite target in mind, the date or age of your retirement may select you. Generally, that would not be a good thing. Let me explain what I mean by this.
[Editor’s Note: The following post is from Susan – yes, the very same Susan who is the new woman in my life. Although she is a baby boomer, she is new to the world of baby boomer blogging so please welcome her (and be nice!). For future posts you will know that Susan is the author because her name will appear in the author byline. Thanks and enjoy]
Hi everybody! I’m very pleased to be a new contributor to this site. Thanks to Mark for inviting my perspectives on this journey!
Retirement!?! Really?! Mark has been contemplating this journey far longer than I. Although an avid saver, I only recently allowed myself to consider what life in retirement might look like. [Read more…]
Susan and I are in our last day of a weekend trip to Manhattan to visit family and to be tourists in the city. I have been to New York City a number of times on business and for pleasure. However, I have never had a truly immersive experience here. I really want one.
I’m a very fortunate 64 year old, particularly in the health department. I need to keep reminding myself of that. Moreover, I need to express gratitude to friends, family and the world at large for making it so. Do you ever feel this way? Let’s talk about it for a minute.
This past fall and winter I added some new investments to my retirement portfolio. The investments are known as target date bond exchange traded funds. Sometimes they are referred to as “target maturity” bond funds. This type of investment is new. The target date bond ETF category shows great promise for providing bond-like retirement income with little or no interest rate risk.
While I have been delivering most of the stuff I own to the dump and Goodwill, I have also been thinking about my recent travels and dance classes – alone and particularly with Susan. This has reminded me of a simple principle of sustained happiness: experiences rate higher than things. This is not an idea that I made up. There is lots of science to support it. Although I am not yet retired, I suspect that the “experiences over things” equation applies as well to retirement life.