With the foliage about to change colors, Fall is the best time to visit the small towns of New England. Read this post I wrote on September 23, 2016 about how to discover your small town. You're about to read the second installment of my brand new series, Your Retirement Life. We are in this together, trying to live a more prosperous, fulfilling life. It ain’t easy. But we can learn from one another. I’d like to hear your story. I hope you like this one. When I was a kid we used to go camping. Not in a fancy RV but, like the good ‘ole days, in a tent. My favorite place to go with my … [Read more...]
Your Retirement Life: “The Cheapest Health Insurance There Is”
Tom, a friend of mine, recently sent me an email about what he called the four pillars of health: "Sleep, eating, movement and stress management." The email was in response to my post on the importance of exercise, Your Retirement Life: Do Something. Tom attached to the email an article from The New York Times about how exercise is the closest thing there is to a wonder drug. What struck me most of all was when he called a pair of shoes and regular walking "the cheapest health insurance there is." Earlier this year Fidelity estimated that the average retired couple would spend … [Read more...]
Your Retirement Life: Do Something
Activity, you know, trading in and out of stocks or bonds isn’t good for your financial health. I’ve always liked Vanguard founder Jack Bogle’s quote on the matter: “Don’t just do something, stand there!” But, when it comes to your overall health doing something may be the trick to your happiness. Deborah Gage reports in The Wall Street Journal about the "cascade of positive effects" exercise can have on your body. She writes: Exercise has been shown to protect against diabetes, stroke and several other diseases and to improve our moods. But does it also make us more likely to engage in … [Read more...]
Your Retirement Life: Fishing Block Island
It’s hard to beat the striped bass fishing off Block Island. In this video you see the voyage from Newport, RI to the Block for some late Summer striped bass fishing. Don Smith explains more about fishing around Block Island at On The Water: Block Island earned its reputation as a legendary striper-fishing destination many years ago. These days, her waters draw numerous charter boats and recreational fishermen, who troll, jig and drift for stripers. At the height of the season, it’s not unusual to see a hundred boats working the waters near Southwest Ledge at one time. Once the sun … [Read more...]
Your Retirement Life: Roaming the Earth
You don’t need an EarthRoamer to see America. But it would be cool if you had one. Imagine where you could go. Save your money, learn a few tricks from the experts, and create your own expedition. What are you waiting for? Originally posted on Yoursurvivalguy.com. … [Read more...]
Your Retirement Life: Seeking Higher Yields?
You can thank low interest rates for the temptation to seek higher returns. Don’t think for a minute that risk/reward no longer applies to you. Like gravity, it’s always there, even if you can’t see it. Unfortunately it’s never fair when those with good intentions get burned. But it happens all the time. In The Wall Street Journal, Jean Eaglesham reports on a scam that duped investors for $100 million. She writes: Scott Kohn, a 64-year-old felon, ran a company from a Nevada strip-mall mailbox that investors claim took them for more than $100 million in losses. Mr. Kohn’s company, Future … [Read more...]
Your Retirement Life: The International Tennis Hall of Fame
There’s a couple of ways to get in to the International Tennis Hall of Fame: Dedicate your life to the sport and realize incredible success or, cross Bellevue Avenue from my office and enter the historic complex by foot. This week, as is tradition following Wimbledon, competitors are in town for the Dell Technologies Hall of Fame Open. It’s a wonderful time to be in Newport for players and fans alike as both mingle about town enjoying what Newport has to offer. If you’re a tennis fan and have questions about your investments, swing by for some coffee before heading across the street for the … [Read more...]
Your Retirement Life: 1972 DeTomaso Pantera, A Coyote in Wolf’s Clothing
Here’s a wonderful story about my friend Marty Quadland and the rebirth of his 1972 DeTomaso Pantera: “A Coyote in Wolf’s Clothing,” featured this month in Hot Rod: Following retirement, Quadland realized a dream of his and moved west to the mountains of Wyoming. In preparation, he downsized considerably, selling his SCCA race cars, several motorcycles, and a late-model exotic, and, for the first time, he considered selling the Pantera. His son intervened, however. “I saw the look on my son’s face when I told him I might sell it,” he recalls. “He thought the Pantera would be his someday. I … [Read more...]
Your Retirement Life: How Do You Know Where to Live in Retirement?
If you are like many soon-to-be-retirees in America, you're looking forward to getting away from your cold, northern, probably-high-tax state and settling down in retirement in a southern locale with low taxes and warm winters. But, how can you know where you'll like it best in your Golden Years? (for information on choosing a low-tax state, see the Richardcyoung.com Liberty & Freedom Map here). Last month I encouraged you to do some A/B testing. Live short-term or spend a vacation in some of the places you'd potentially move to during retirement. Without actually staying there for a … [Read more...]
Your Retirement Life: Stay on Beat
One of my favorite drummers is the Rolling Stones' Charlie Watts, known for keeping it simple, keeping the beat, and playing to the song. He doesn’t look for something that’s not there. There’s a story about how Watts could play a song in the studio then have the volume turned off, with everyone leaving the room, continue playing in silence, and when they came back in and turned the music back on he was still on beat. Think about that for a moment. Let it sink in as you consider what’s going on today. There’s a lot of noise out there. Imagine turning it off. Would you stop what you’re … [Read more...]