Risk presents itself in many forms and changes with time horizons. Balancing the type of risks you face is an art rather than a science.
If 2020 taught us anything, it’s that we humans are adaptive creatures and can adjust to things that before never thought could happen.
Uncertainty of the future will always be present and optimism may become scarce. Prepare for these times, but have faith that a better future will prevail.
What is RPE? When I exercise, I track the number of reps, weight used and judge the difficulty of each set by estimating my rate of perceived excretion (RPE). Rate of Perceived Exertion is a way to measure the intensity of an exercise. It is based on a 1-10 scale, with 1 being a very lightContinue reading “How to use RPE in Retirement Planning”
If you are over 65 and still employed Medicare can be confusing. There are many decisions one must make when choosing healthcare coverage.
Deciding when to claim your Social Security benefit is a nuanced decision with serious implications to your retirement income plan.
If you retire before the age of 65, you will not be eligible to begin Medicare benefits and need to bridge the gap between the time when you retire and that date.
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.
Creating an income in retirement is an ongoing process that requires regular monitoring and adjustments to adapt to a changing environment.