Pete the Planner: Now is not the time to pull money from the stock market out of fear
Knowing when to get back in is significantly harder than knowing when to get out. This is why I choose to do nothing different.
Knowing when to get back in is significantly harder than knowing when to get out. This is why I choose to do nothing different.
Medicare coverage is complicated. For many, reviewing current plan coverage and making a change brings uncertainty and confusion.
There are at least four common uses for an annual net worth calculation. And depending on the purpose of your calculation, you might or might not decide you want to include your home equity.
As the calendar flips to October, investors will face various scary “ghosts and goblins,” including the collapse of one of China’s largest real estate developers (China Evergrande Group), the recurring brinksmanship over raising the debt ceiling to forestall a government default/shutdown, and the Federal Reserve’s removing pandemic-related emergency measures.
For instance, roughly seven of 10 pre-retirees plan to work for pay as a means for retirement, while in retirement. When in reality, the 2021 survey finds just over two in 10 retirees end up working for pay as a source of retirement income.
Identifying your money stories and messages is the first step to being able to change unhelpful thought patterns and move toward a healthier relationship with money.
Dear Pete, My husband and I realized we may have a weird little conundrum. We got into a zone in our early and mid-50s in which we lived frugally in order to secure a sustainable retirement. Now we’re retired, and we’re afraid we’re squandering some very active and healthy years due to the frugal habits […]
ARK Innovation was up a stunning 147.8% in 2020 (versus the S&P 500 total return of 18.4%), which led to Wood’s assets under management surging from less than $10 billion at the end of 2019 to almost $85 billion today.
Most of the guilt people feel about spending money on unnecessary things arises from knowing they aren’t making tomorrow easier.
He reminded me that “retirement readiness” is more than having the money in the bank; it needs to take into consideration all aspects of your well-being—financial, social, emotional and physical.
I never imagined commerce screeching to a halt, leaving millions of Americans paralyzed with fear and struggle.
Speculators might or might not know anything about an asset but buy it on a hunch or because a celebrity is promoting it or because everybody else is buying it and it’s going up without me (“FOMO”).
Retirement has two primary elements, and they’re shockingly obvious at first glance. You must navigate the financial and the non-financial aspects of retirement.
Bringing manipulative and harmful practices to light will help all of us protect ourselves.
I’ve come to learn that three areas need to be addressed when teaching teens how to handle money. They all feel intertwined, but they aren’t.
Most instances of economic collapse are the result of war, corruption or gross economic mismanagement. Government action or inaction will dictate the severity of the shock.
I’d now like to introduce you to my candidate for the most difficult financial task a person must accomplish in a lifetime: decreasing an established lifestyle.
The housing market is red-hot, the travel industry is on the verge of poetic justice earned by a year lost, and certain consumer goods are increasingly difficult to find.
It’s hard enough to make money in things you think you understand, and it’s critically important to know what you don’t know.
Existing debt is often a contentious topic especially if one party has a disproportionate amount. Deciding how to tackle the debt will impact other priorities.