Satisficing in retirement allows you to make decisions based on your preset criteria and standards instead of trying to make the best choice.
Sustainability must be considered when using any strategy, the process of becoming healthier, or happier is what is important. What you measure to track progress is the means to an end.
Porcupine Rim is one of the most technical and dangerous rides in Moab, Utah and Gage thought it was a good idea for him to ride down it.
Creating an income in retirement is an ongoing process that requires regular monitoring and adjustments to adapt to a changing environment.
Many retirees rely heavily on Social Security as a source of retirement income and fear it will run out of money.
Most people have a goal of having a successful retirement. They don’t really plan out how they are going to achieve this, but rather piece together tactics as they go.
In investing, you have to make decisions based on incomplete facts, embrace uncertainty and estimate the probability of various outcomes.
Accessing your My Social Security account online is necessary to view your estimated benefits prior to age 60. This guide will show you how.
What is Action Bias?
There are times people have an impulse to act in order to gain a sense of control over a situation and we focus on the benefits of action and ignore the costs. This term has been named Action Bias.
For those who want some perspective on what we do and don’t know about statistics as it’s applied to real-world problems Silver’s book is an interesting read and provides actionable ways to implement prediction techniques to makes better decisions.