Lessons from The Psychology of Money: Part One

Morgan Housel’s The Psychology of Money sold millions of copies, and for good reason. Published in 2020, its astute money lessons catapulted it to instantly timeless status, worthy of praise and analysis, but I took even more inspiration from his psychological lessons. Libraries are full of books on behavioral finance, which seek to identify our […]

Maximizing Your Social Security With Mary Beth Franklin: Part One

Social Security is an absolutely crucial element of many retirement plans across the United States. Understandably, people want to know how to maximize their earnings, but wading through the dense rules and regulations can be overwhelming. I wanted to cut through the red tape and get some straight answers, so I brought in a ringer.

How To Use Nick Saban’s Football Process For Retirement Planning

Nick Saban, one of the most storied and successful coaches in the history of college football, recently retired. His career took him from the University of Toledo to the Cleveland Browns to Michigan State, and then to LSU, where he won his first national championship. After a brief stint with the Miami Dolphins, he landed […]

2024 Market Outlook: A Whole New World

The holidays are behind us. As we regain our fighting form, let’s take a moment to gaze downstream and see where the current seems to be heading. No one can predict the future, but specific trends can sometimes be clues. The new year ushers in what could look like “A Whole New World” to investors. […]

American Anxiety Amidst a Healthy Economy

One of the most popular Christmas songs of all time is one you may not have heard. Far from a carol, “Fairytale of New York” is a moody dance ballad by the Celtic punk-folk band The Pogues, featuring Kirsty MacColl. A perennial Christmas hit in the UK and beloved worldwide, in December 2022, the song […]

Defending the 4% Rule for Retirement

Anyone in the Retire Sooner family—readers of my books and articles and listeners to my podcast and radio show—knows how passionate I am about the 4 Percent Rule. Discovered in 1994 by an MIT aeronautics and astronautics graduate turned Certified Financial Planner (CFP®) named William Bengen, this rule of thumb calculated actual stock returns and […]

Do You Want to Become the Millionaire Next Door?

When you think of a millionaire, what do you see? A butler selecting from an identical lineup of tuxedos parading along a conveyor belt in a closet that smells of rich mahogany? A personal assistant slipping diamond-laced Louboutins over the freshly exfoliated heels of an elegant woman? If these descriptions match your imagination, you’re not alone. But […]

10 Financial Catalyst Events That Could Impact Your Happy Retirement Planning

Change is part of life. There’s no avoiding it, and the energy spent trying is wasted. As we plan for retirement, it’s essential that we accept this reality and make the most of what’s thrown at us. With the right attitude, change doesn’t have to be a bad thing. We previously covered ten lifestyle catalysts […]

The Cost of Living in a Mad, Mad World

With all the suffering and strife in various parts of the globe, it’s challenging to focus on much else. No financial news matters more than the life and death of our fellow human beings. With that context firmly in mind and no immediate solution in sight, our job as investors is to try our best […]