
Retire richly. Book reviews.
Finance, retirement & lifestyle.
Retire richly - you deserve it. Retirement finances are complex. Financial independence typically results from diligent saving, index funds, financial planning, investment portfolio that accumulate wealth and/or build passive income. Those seeking early retirement may embrace Financial Independence Retire Early (‘FIRE’) disciplines. Digital nomad or expat opportunities may appeal to some. Retirement finances often require a different perspective and new topics to learn. This may include retirement planning, pension income, tax planning, retirement age choices, asset decumulation and expense management. Retirement lifestyle reflects a new life phase. This may include lifestyle considerations such as retirement travel, retirement healthcare and retirement communities. Others may choose to retire overseas. Retire Richly seeks to highlight resources that may aid education, planning and action towards a joyfully rich second half of life. Content is structured into three themes - financial independence (investing psychology, investment portfolio and financial planning); retirement finances (retirement portfolio, pension income and retirement planning); and retirement lifestyle (non-financial aspects).
FEATURED ARTICLES
Financial independence may be a goal. Individuals may achieve higher investment portfolio returns with moderate risk with a long-term investment strategy based on low-cost index funds; that diversity across a specific set of asset classes; and rebalancing annually.
Retirement planning and financial planning involve anxieties and fears. Uncertainties include Social Security; market volatility; and healthcare costs. A proactive “warrior mindset” may overcome challenges.
NYT bestseller The Blue Zones by Dan Buettner explores human longevity. It identifies four geographies with atypically high longevity and suggests thematic lessons on retirement lifestyle, health and diet.
Financial independence may be a goal. Individuals may achieve higher investment portfolio returns with moderate risk with a long-term investment strategy based on low-cost index funds; that diversity across a specific set of asset classes; and rebalancing annually.
The book ‘Money Machine’ by Gary Smith introduces value investing as contrarian investing psychology, against rich-quick-schemes, to build an investment portfolio to achieve financial independence.
Nomad Capitalist by Andrew Henderson promotes financial independence by assessment of residence in non-birth countries to leverage personal freedom; digital nomad taxes; expat visa schemes; business opportunities
Kotlikoff, a distinguished economist, offers advice on key financial decisions – college funding; career focus; retirement age; social security income; smooth living standards; and investment portfolios
The book Aspirational Investor examines how the wealthy built their fortunes and why many investors fail. It proposes a framework to enhance financial planning; wealth creation and ultimately financial independence.
Retirementology addresses the substantial impact on retirement portfolios and retirement savings by market crashes. Such events force reevaluation of retirement age, retirement expenses and retirement planning.
Retirement Portfolios book contrasts investing psychology and risk management of traditional asset accumulation, standard pension withdrawals and optimal approach for retirement income and asset decumulation.
Retirement planning should not be rooted in arbitrary spending estimates. Economic theory can help assess major lifestyle choices on your overall living standard. So say Laurence Kotlikoff and Scott Burns in their retirement finances book “Spend Til The End”.
Many Canadians believe that they will never retire. Not financially independent. Limited savings; investment portfolio; pension income or other passive income. Insufficient retirement planning. Tina Di Vito CA CFP TEP outlines related pitfalls and offers fixes.
Social Security constitutes approximately one-third of the pension income of US retirees. The system is complex and confusing. Book aids financial planning by explaining retirement benefits; age requirements and early retirement trade-offs.
Aging is entirely up to us. It is possible to seek an extended lifespan, great longevity towards maximum quality of life and a short final decline period. So suggests the book Live Long Die Short by Dr Roger Landry.
Brain health decline is a myth. Cognitive vitality can be maintained. Longevity and retirement mental health are possible. John Medina uses scientific learning and notes positive retirement lifestyle choices.
NYT bestseller The Blue Zones by Dan Buettner explores human longevity. It identifies four geographies with atypically high longevity and suggests thematic lessons on retirement lifestyle, health and diet.
Retirement health enhanced. Younger Next Year challenges the prevailing societal notion of "normal aging" of biological decay. By taking charge of exercise and nutrition then extend active years, quality of life and longevity.
Mexico offers an affordable, temperate and beautiful place to move or retire overseas. Retirement lifestyle include affordable local retirement healthcare options and nearby access to US healthcare.