The final phase of the MIT AgeLab’s four phases of retirement is The Solo Journey. Unfortunately, this phase is where health issues can quickly come to the forefront. Serious illness, disability or the death of a spouse can greatly affect daily life. You can better manage the pitfalls associated with the aging process by considering… Read more »
Warren Buffett is known as perhaps the greatest stock investor of all-time. By his own account, Buffett spends hours (and days) at a time pouring over 10-K reports and other financial information to understand a company’s business and how much it’s worth. He’s a numbers man, first and foremost. But after reading his latest… Read more »
“Who exactly seeks out a coach… winners who want even more out of life.” – Chicago Tribune Tiger Woods, Tom Brady and Cristiano Ronaldo all have coaches, as did visionaries such as Tony Robbins, Bill Gates, and Steve Jobs. Nearly all top performers have a coach who will help them to set goals, and then… Read more »
Much has been written about the inherent cost and delay incurred in probating a will. These factors can vary widely, depending on the size of the estate, whether your will is challenged, as well as the complexity of the will. Different types of property, the number of beneficiaries, and creditors can all impact the length… Read more »
The “Longevity” phase is the third part of the MIT AgeLab’s four phases of retirement. At this stage, managing health may start to feel like a job, as doctors’ appointments and managing medications become a priority. According to a Gallup survey, individuals age 80-84 take an average of 18 prescriptions per year. Here are some… Read more »
It’s never too late to teach an old dog new tricks. That is certainly the case with General Motors and Disney, two century-old companies that are now embracing new technologies to completely re-shape their businesses; and Wall Street is beginning to take notice. Let’s start with GM. From the time GM emerged from bankruptcy… Read more »
This week, our team received an email from a client in response to an in depth conversation regarding withdrawals from their account. The email requested that we transfer $50,000 to their accountant’s bank account for yearly record keeping. Upon a review of the request, we confirmed there was no external account link to their… Read more »
Jeff Bezos, CEO of online colossus Amazon.com is stepping down from daily responsibilities at the company and assuming the role of Executive Chairman. His reason for stepping down, at age of 57, is to pursue his other passions. “I’ll do hobbies. I’ll see movies. I’m talking about work. I’m not going to work on… Read more »
The “Big Decision” phase is the second part of the MIT AgeLab’s four phases of retirement. This phase is characterized by having more free time to pursue things you are passionate about. However, you will now have to choose how to spend your time most effectively. Here are three “Big Decisions” to consider: Where… Read more »