1010 B Street
The only courage that matters is the kind that gets you from one moment to the next.
When we are planning for posterity, we ought to remember that virtue is not hereditary. —Thomas Paine
When it comes to keeping records, there tend to be Oscars and Felixes, like in Neil Simon’s The Odd Couple. The “Oscar” type tends to have papers everywhere, disorganized and perhaps just stacked in a shoebox or paper bag.
Are you developing a love/hate relationship with social media? You might enjoy it for quick hits of entertainment throughout the day, or as a way to keep in touch with friends and loved ones.
Citrus Twist Orange Roughy
As some Gen Xers watch their kids grow up, they wonder if college should take priority over retirement. If you happen to be thinking along these lines, there are reasons you may want to think twice.
Does this sound like an out-of-the-box idea? It worked for The Golden Girls, and in real life, it may have potential benefits for you, especially if you are retiring single or childless.
One-Pot Orzo & Pork Meatballs
If you keep working or return to work after receiving Social Security benefits, your benefits may seem reduced, perhaps if your annual income exceeds a certain threshold.
If you want to slow mental and physical aging, working out might be the key - and even just walking may benefit you.
Too many golfers suffer from "the yips": missing putts of 3' or less due to anxiety or a slipshod putting technique.
Perhaps you could do so in a simpler financial world – but as retirement comes with financial complexities, a purely formulaic approach may fall short.
In recent decades, medical journals and news outlets have devoted more attention to the diseases linked to sustained inflammation.
A portable luggage scale could save you money (and pay for itself)
In a perfect world, most would consider waiting until their full retirement age to file for Social Security.
Travel is certainly a highlight of retirement. To keep those travel highlights coming, you need to keep healthy, including taking care of yourself "on the road" and at your destination.
JULY - RECIPE
Easy, Elegant Tomato Tart avec Brie
If you have the chance to open a Health Savings Account (HSA), you might want to take a look.
Retiring before 60 can be fantastic if your financial situation looks good and you know what you want to do next
JUNE - GOLF TIP
Sometimes the golf you play in your mind's eye fails to correspond to reality.
Some of the "conventional financial wisdom" circulating about retirement may need a second look because those assumptions may not prove true for everyone
Eldercare takes different forms: nursing home care, assisted living, adult daycare, and even some forms of healthcare administered at home.
Share those photos from your trip, but wait until you get home
Spring cleaning: you tidy up, organize, and put things in order. You can take a "spring cleaning" approach to your retirement, just as you can with your home or garage. It may be helpful, especially if retirement seems near.
Road Scholar (previously known as Elderhostel) says 66% of grandparents report having vacationed with grandchildren. If you have such a trip coming, think about involving the grandkids. What do your grandkids want to see?
Superb Spring Vegan Blackberry Cobbler
Source: The Simple Veganista, March 13, 20222
Have you ever thought about giving financial gifts to your kids or grandkids? Many affluent retirees and pre-retirees do this, often with an eye toward furthering family wealth.
Yes, you can work out consistently without a gym membership or $200 shoes or fancy machines. Creating a home workout area, and routine, is often easier than many people think.
MARCH - GOLF TIP
Are you forty, fifty, eighty feet away from the cup? Whether you want to lag or hole that long putt, the skill lies in your eyes and follow-through
Our attitudes about investing, saving, spending and financial matters are shaped by a variety of influences, both early and later in life.
Set the pandemic aside for a moment. If keeping healthy ranks as your top priority, where should you retire or live? You have many choices, of course.
FEBRUARY - RECIPE
Easy, Healthy Banana Pancakes for 4
Did you ever wonder what might result from such a small boost to your retirement saving effort, even in midlife?
America has seen an uptick in the number of seniors leaving full-time jobs. Pew Research Center data shows that 50.3% of adults older than age 55 were retired in the third quarter of 2021, a 2.2% increase from 2019.
The airlines have had a change of heart about change fees
Here in the pandemic, airlines have eased up on their old habit of charging travelers $200 or more to reschedule or cancel a flight.
When the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law in 2019, it altered retirement plan contribution and distribution rules. There may be an encore. The Securing a Strong Retirement Act of 2021, nicknamed SECURE Act 2.0, has bipartisan support on Capitol Hill, and public policy analysts widely believe it will become law either this year or next.
Digital health certificates – also called COVID vaccine passports – might be available for travelers this year, especially those travelers leaving the country. While U.S. retailers and resorts have been resistant to them, the situation may change this summer as Americans travel internationally and head to foreign airports to come home.
Try herbal teas to help clean the body of harmful microorganisms
Herbal teas (such as rooibos, chamomile, and mint) contain catechins, plant-derived chemicals that have been noted for their strong antimicrobial properties.
A new study from Hearts and Wallets, a research firm founded in 2010 to study American retirement saving and investing trends, hints that the dream of retiring in late middle age is alive and well, although perhaps in need of a reality check.
Many adults in their 40s, 50s, and 60s have migrated from their initial career to a second or even a third, learning new skill sets or even going back to college for another degree. You learn all your life, the thinking goes.
TRAVEL TIP - Airports and resort hotels have become good places to get COVID-19 tests
In March, the Internal Revenue Service announced that it was pushing the deadline for 2020 federal tax returns ahead to Monday, May 17. This extended due date does not apply to all individual taxpayers, though. For example, if you live in Texas, Oklahoma, or Louisiana, you could have the opportunity to file as late as June.
Today, it can be hard to focus. How can you stay focused with all the distractions, anxiety, and uncertainty brought by the pandemic? Interestingly, the way to maintain your focus might be to unfocus your mind now and then.
25-Minute Strip Steak with Mushroom Sauce
Imagine if your 35-year-old self magically appeared in front of you one day and asked for a percentage of your retirement savings or a bit of your retirement income. While this would never happen, something financially analogous happens in the lives of too many people.
The hospitality sector certainly hopes travel comes back with a vengeance, but travelers look like they will avenge the boredom of 2020 with more than a little caution and care. This winter, global marketing firm Simon-Kucher & Partners (SKP) surveyed more than 3,900 Americans and Europeans to gauge their travel readiness
Golf Tip -
You ultimately play against the course, not the rest of your foursome
This is good to remember whether you find yourself in a tournament, or just paired up with friends on the weekend. Your real opponent is the course, and focusing on what you need to do on each hole helps you avoid getting too excited or too demoralized by what your playing partners are doing.
Source: PrecisionProGolf.com, February 16, 20212
The pandemic has hastened the retirement of some baby boomers, and the linked furloughs and layoffs in many industries have led others to wonder if a retirement transition might come sooner than they think. Buyouts became common last year as businesses cut costs. What if you receive one this year?
Time is a gift, and when you retire, you'll no doubt think about making the most of it. Would it be weird to make a weekly schedule for yourself in retirement, similar to the way you scheduled workweeks during your career? Scheduling your time has its merits, at any age. It could help you stay productive on a day-to-day basis during your "second act," whether you elect to work or not.
TRAVEL TIP - During the pandemic, some families have booked short-term getaways at vacation homes or rural properties only to have to cancel them due to travel restrictions or changing public health protocols. Whether you must cancel such a reservation due to the pandemic or other reasons, you may have a better chance of getting a partial refund from the host than from the rental agency or website, whose cancellation policies may be far less forgiving.
Some people approach their retirement years owning illiquid assets worth more than their liquid ones. While long-held illiquid assets, such as a business or home, may become highly valued or appreciated over time, it can be wise to be frank and conservative when estimating their worth, especially if an owner wants to sell them to help fund their “second act.”
As most of the nation contended with stay-at-home orders this spring, polling firm YouGov decided to survey 1,175 American adults to see what activities they might want to do once businesses fully reopen and social-distancing mandates end.
Golf Tip Why not leave the flagstick in? As courses have opened back up across the country, many are urging golfers to leave the flagstick in the hole when they reach the green.