Batteries not included

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Have you heard the story of the couple that went to a high-end planning firm for comprehensive financial planning? They spent hours with a paraplanner and a financial planner. They received a beautifully bound leather notebook containing the full financial plan. It was divided into 12 sections, each with 20 or more pages of detailed […]

The $100,000 Club

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  I was speaking with a college friend last week and he mused that it would be really nice if he and his wife could retire with $100,000 of combined annual income. I asked if he was serious about it or just thought it would be a neat idea. He answered, that he was very […]

Farewell Howard

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  He grew up in the housing projects of Brooklyn and became a billionaire by selling you coffee. My friend Carol loves his coffee. Howard has been super successful at placing a Starbucks within spitting distance of a majority of urban Americans. From my office building in downtown Washington, DC, I can walk to no […]

Your retirement blind spot

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Question #1: How do you guard against a danger that you don’t even know is coming? Question #2: How do you plan a solution to a problem that you don’t fully understand? The dangers that I refer to above can be summed up in this question: how do you plan for potentially three decades of […]