Health insurers don’t provide advisers, let alone consumers, enough information to make rational health insurance decisions. This is my opinion. Let me explain. Last month I attended a professional development event which included presentations...
My son is starting to get into video games. In many games, you have the option between playing on “easy mode” or “hard mode”. Sometimes I think we unnecessarily put our lives on “hard mode”,...
One of the most valuable exercises I run through with clients is “flawcasting” their financial future. It’s one thing to create a personal balance sheet setting out your existing assets and liabilities, and getting an...
“Maybe all one can do is hope to end up with the right regrets”, wrote Arthur Miller, famed playwright (and husband of Marilyn Munroe for 16 years). There’s a lot of wisdom in that...
I caught up with an old friend recently. He asked why more people don’t borrow money to invest. My first thought was that people borrow money to invest all the time. It’s called property...
Every now and then I see people recommending a rental property as a great retirement investment. If you have plenty of assets, a rental property might be a good investment as part of a...
Parents like to help out their children. More broadly, family members like to help out family members. It’s kind of a silly thing to say because it’s so obvious. But the fact that’s the...
If you’ve done any research on planning for retirement, you’ve probably come across the 4% rule. It originates from the US (specifically, Trinity University from Texas). This idea, like many US ideas, has spread...
Most online retirement calculators are overly simplistic. They can be a great starting point. Sorted.org.nz’s Retirement planner, for instance, is a terrific resource. (And better than calculators from many financial institutions *cough which can have...
