How to Determine if You are Financially Prepared to Retire

Have you ever wondered how a person can determine in they are financially prepared to retire? Is there a standardized retirement readiness test you can take? Is there a retirement money report card that you receive? How about a checklist of retirement readiness factors? Read more

New Rules for the Older Investor

I read an interesting article this week suggesting that for the older investor (e.g., baby boomer and retirees), the old investing rules may no longer apply.  Those investing rules of thumb we have heard for so many years may have become the rules of “dumb.” Read more

Building a Retirement Emergency Fund

Let me start by saying that a retirement emergency fund is different from the “cash flow” emergency fund that Dave Ramsey, Suze Orman, and many others have been counseling us all to have.

Every book and article on basic personal finance cautions baby boomers and other working adults to have an emergency fund equal to three months to a year of basic living expenses. Read more