Anticipating My 45th High School Reunion

On Thursday I depart for upstate New York to attend the 45th reunion of my high school class. I have attended every reunion (at 5 year intervals) starting with the 20th year. The format this year is typical of past reunions:  Happy hour/mixer on Friday evening; picnic on Saturday afternoon; dinner/dance on Saturday night; and brunch on Sunday morning. We have all of these activities because we have a fantastic organizer.  On the other hand, for me this reunion will be different from the others.

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Movies to See This Week

I’m averaging about four trips per month to the local theaters to see a newly released movie. This past week I saw three: Jersey Boys (with a friend – he hadn’t been to a movie theater in 20 years!); Dawn of the Planet of the Apes (with my sons and daughter-in-law); and Begin Again (by myself). I liked all of them. I suspect that many of my fellow baby boomers will as well.

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Playing the Retirement Longevity Game

All retirees and pre-retirees need to think about their life expectancy a/k/a longevity. There are at least two important reasons for this. First, one goal of your retirement plan is to limit the risk that you will outlive your money. Second, anticipated longevity is a key factor in deciding the age at which you want to claim Social Security retirement benefits.

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Building a Family Legacy at the Lake

One definition of “legacy” is “something transmitted by or received from an ancestor or predecessor or from the past.” As baby boomers age, we think about our personal legacy, don’t we? I’m not referring to passing money or property to our kids. I’m talking about the intangibles, i.e., how will we be remembered when we are gone?

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Second Quarter Net Worth and Retirement Income Plan Review

July has been and will be a busy month for me. I just returned from a two week stay at Lake Barkley in Kentucky. This stay included the ninth in a series of extended family gatherings at the lake. (More about this awesome event later this week.) Towards the end of the month I am traveling to Ithaca, NY for my 45th high school reunion. Finally, I have been busy with an updated assessment of my retirement plan and net worth performance as of the end of the second quarter.

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Another Productive Downsizing Week

I’ve been busy this week getting rid of stuff, again. Early in the week I found a local non-profit that was willing to pick up some large pieces of furniture that I didn’t use: a sofa bed, chest of drawers, television, sectional sofa, and coffee table. Wow – did this open up some space in my house and my life!

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First Quarter Retirement Plan Performance Results

My daily personal finance routine continues to include net worth tracking. Call me obsessive but is there a better overall indicator of financial progress toward retirement? Not that I am aware of but I am certainly open to being educated by a reader on this. The results during the first quarter are positive but no doubt less than mediocre compared to many of you. The results are about what I anticipated.

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