Good morning! Today's email includes: --an important lesson about the unintended consequences of assuming your age at death. --a throwback to one of my favorite podcast episodes --three great articles from others about Social Security, tax planning, and momentum --a community member wrote a book! One of us! One of us! "End of Plan" - A Vital Planning Decision Small change, giant impact. One challenge in financial planning is when a “small” decision creates something much bigger than we...
6 days ago • 2 min read
Good morning! I hope you're doing well. I had just about finished writing this email (on Thursday, 9/10) when I realized you'll be receiving it tomorrow - 9/11. And it hit me -- it's been 25 years since 9/11 2001. Crazy. I remember being in Mr. Leone's 6th grade Social Studies class. He turned on the TV, and we watched history unfold. I bet you have some vivid memories too. Today's email includes: A little different this week, a little shorter. I have an exciting announcement to share with...
14 days ago • 1 min read
Good morning! I hope this email finds you well. Today's email includes: --an important lesson about time with loved ones. --a podcast episode about a common mistake in passive index investing --three great articles from others...including what one retirement expert has changed her mind about, and an important philosophy on "too much growth" "You Just Go" Money is a tool to buy freedom. But acquiring money requires sacrificing freedom. Balancing current sacrifice against future reward is...
21 days ago • 2 min read
Good morning! I hope this email finds you well. Today's email includes: --an article about omnipresent risk and the fogginess of the future --an "ask me anything" podcast episode, including a common error about tax rates in retirement --other articles about the five levels of wealth, investor friction, and wisdom from Kevin Kelly Are You in SoCal? Do you live near... Huntington Beach? Palm Springs? San Diego? I'm speaking at back-to-back conferences the week of September 14-18. FutureProof in...
27 days ago • 2 min read
Good morning! If you're in Southern California, I have a quick question for you below. Otherwise, on with the show! Today's email includes: --a reader asked me: what do I think about Schwab, Fidelity, or Vanguard as financial advisors? --questions you should ask about your financial plan --TK TK TK Are You in SoCal? Do you live near... Huntington Beach? Palm Springs? San Diego? I'm speaking at back-to-back conferences the week of September 14-18. FutureProof in Huntington Beach, then FinCon...
about 1 month ago • 2 min read
Good morning! If you're in Southern California, I have a quick question for you below. Otherwise, on with the show! Today's email includes: --thoughts on longevity --questions you should ask about your financial plan --great content about Bogleheads, health & wealth, and a "wizard" who lost all his investors' money ...and more.. Are You in SoCal? Do you live near... Huntington Beach? Palm Springs? San Diego? I'm speaking at back-to-back conferences the week of September 14-18. FutureProof in...
about 1 month ago • 2 min read
Good morning! Today's email includes: -- some data and theory about US stocks vs. international stocks -- a good lesson about withholding taxes from Roth conversions --a podcast episode about the final glide into retirement --other great content about life lessons, cybersecurity, and market indicators ...and more... ...and more... Will US Stocks Continue to Outperform International Stocks? US stocks have outperformed international stocks by a surprising margin over the past 55 years. So - is...
about 2 months ago • 1 min read
Good morning! Today's email includes: --The concept of "full price" ⌛ --The hidden 90% of investment account statements 🫣 --Healthcare in retirement, denominators, and giving it away... 🩺 ...and more... The Importance of Full Price We all notice the sticker price. That bicycle costs $400. That's the sticker price. And some of us think about opportunity cost. You spend money now, but you could have more money later. A bird in hand vs. two in the bush. That's opportunity cost. If you invested...
about 2 months ago • 1 min read
Good morning! Scenes of summer here in Upstate NY. Our elder daughter loves to swim. It's hard to go wrong with a pool + a grilled cheese sandwich. Today's email includes: 🧸 Some thoughts before the (next) bear market. 🫙 What you might be missing on your investment account statements. 👀 Some interesting news about what the IRS is paying attention to ...and more= Jesse on Some Other Podcasts... Many thanks to Paul Lambert and Chris Hill and Joe Saul-Sehy for inviting me on their excellent...
2 months ago • 1 min read