Last Friday I published a blog post for the first time in nearly two months. Before that, I had published almost every week since the end of 2011. What happened? Continue reading
Tag Archives: retirement
Small Health Skirmishes Hint at Bigger Contests Ahead
Retired people can read for days in a row if they set their minds to it. An old friend in his eighties clued me into that. He would turn off his phone and TV and read for a week.
My habit has been to read when I’m almost sick. At the first hint of illness I give up, turn on some music, pick up a book and sit near a back window where I can read and occasionally lift an eye to see outside.
When I worked as a professor I got sick often. Germs thrive in the open petri-dish-environments of college campuses. In retirement, without all that mingling, I seldom get viruses. But something else is taking shape. Continue reading
Retirement with a New TV
“Barbara, c’mon, hurry up, I’m starting Longmire,” I said, settling into my chair. It was about 3:10 p.m. and we recorded Longmire the previous evening.
“I’m coming, just wait a minute,” she said.
Soon we were both settled in front of the TV watching an episode that we recorded the evening before. Walt Longmire is an older sheriff who struggles against evil in Wyoming’s backcountry.
We watch TV on our schedule now, and we fast-forward through the commercials.
It’s great! Continue reading
What the Big Guys Say about Risk at Retirement
What should your stock allocation be at your retirement date, or in different words, how much risk (variability) should you tolerate near and at retirement? I discussed this issue in a series of posts earlier this year (see links at end), and recently the Wall Street Journal (WSJ) published an article (paywall) about it. Continue reading
Make Money by Managing Investment Risks in Retirement
Managing your trip in a risky environment
Risk is sometimes the elephant in the investing room, especially for retirees. People understand stocks as ownership and bonds as debt, but risk is hard to grasp and instinctively dangerous.
Later Living has recently published four posts on risk. Risk and high returns go together, so retirees who want high returns must deal with risk. Here are the four earlier posts knit together into one risk story: Continue reading
Retirees Can Wrestle Investment Risk and Win
Investment risk is good in that it accompanies greater long-term wealth but it is bad if investors sell during a downdraft. Stocks are riskier (more volatile) than bonds yet offer more long-term gain.
Should retirees dial back their risk exposure to, say, 30% stocks, as is sometimes recommended, or can they carry much more risk, perhaps up to 70% stocks? The answer follows their goals and plans. Continue reading
Managing the Danger of Investment Risk at Retirement Time
Risk in stocks and bonds–Seventeen years of returns
When should someone retire? The answer may be fraught with danger if the retirement portfolio is overly weighted to stocks or other risky investments. There is one small window of time surrounding the retirement date in which sharp declines in stock values can ruin retirement. Continue reading
Images of Investment Risk
Risky? These women compete in a roller derby where they skate, block and score on a concrete floor. There is risk—in the sense of loss or injury. “No pain, no gain,” analogizes the SEC, which is almost a sports metaphor: play hard, risk injury and you may win.
There are standard narratives about investing that lead people to particular strategies. Risk, we’re told, infects all investments, and it is often viewed as potential injury or loss. Continue reading
Outer Places: Eastern Kentucky
“Take my picture, please, please, take my picture,” said the pretty blond teenager. She was with two friends, a girl and boy, and the threesome was headed into Walmart near Pineville, Kentucky. The two girls stood near one another, and the boy, wearing a baseball cap, jeans, and a light jacket over his lanky frame, drifted a few feet away. I asked him if he wanted to be in the picture, but he said no.
I took two pictures, then she wanted to see them.
“Oh, my eyes are so blue. You have a really good camera,” she said as she continued to look at herself. Continue reading
Cruising to the Bahamas: Photo Gallery
Gallery
This gallery contains 30 photos.
Yesterday I described a cruise to the Bahamas. Today you can view some photos that show the experience. When this blog post loads in your browser, click on the first photo and you will enter a gallery where you can … Continue reading