Retirement is a different game. You’ve spent decades building wealth. Now comes the harder part - turning it into a paycheck that lasts. I’m Jesse Cramer. I help DIY investors turn their savings into a clear, cohesive retirement plan. Join 4000+ weekly readers and 20,000+ podcast listeners.
Do You Need a "Life File?" ☠️
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Good morning! Today's email includes... A description of a "life file" -- and an argument for why you need one. A conversation tackling a few hotly debated ideas in retirement planning. Why Everyone Needs a Life File:Friend-of-the-blog Mary and I had a wonderful conversation this week about an important – but depressing – topic: Everyone should get their sh** together in case they get hit by a bus. Seriously. It might not be a bus. But you never know when death will come knocking. The last thing you want – other than getting hit by that bus – is to leave your loved ones with a mess after you go. Such a mess can take many forms. Financial. Logistical. Legal. But it can all be avoided with a “Life File.” Some call it a “death binder.” Or perhaps a “get my sh** together list.” Whatever you call it, today’s topic is a cohesive packet of information for a loved one to access if/when you die. To add some semantic cheer to this dreary topic, we’ll refer to it as a Life File throughout this article. Yay! Life! Let’s get to it. What info do you need to include in your Life File?
Debate! We Discuss 10 Big Retirement IdeasFor appetizers in this episode, I explain some "selection bias" from the Bogleheads and FIRE communities, and then I explain a really cool research idea about "needles in the haystack" in the stock market. For the main course, Andrew Giancola joined me for a fast-paced, opinionated conversation tackling some of the most debated ideas in investing and retirement planning.
What Are *Your* Questions?My most popular episodes are the "ask me anything" episodes. Check them out here:
I'm collecting questions for AMAs 19 and 20. Looking for a Financial Planner?Retirement planning can be complex. But I help! If you'd like to learn more or explore working together, visit PlanWithJesse.com and fill out the form.
Until Next WeekThank you for reading, listening, and writing back. People like you send me questions every day. Go ahead! I'd love to hear from you.
Until next week, Jesse |
Jesse Cramer
Retirement is a different game. You’ve spent decades building wealth. Now comes the harder part - turning it into a paycheck that lasts. I’m Jesse Cramer. I help DIY investors turn their savings into a clear, cohesive retirement plan. Join 4000+ weekly readers and 20,000+ podcast listeners.
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Good morning! Today's email includes: *A different type of "ask me anything" episode, coming soon. *A podcast episode devoted entirely to your Roth conversion questions *A sequence-of-returns model that you can use and play with. *And other people's content about ignoring the news, knowledge vs. understanding, and being a unique human. Ask Me (Literally) Anything We're getting ready to record Episode 150. Many of you know that my normal AMA episodes focus entirely on retirement and financial...