What do you do when your life is so busy that you continually feel stressed out? Do you feel that you are on the go all the time leaving home early to race off to work and coming home late after dark? Are your health suffering and you just don’t seem to be able to take the time to get better? Do you spend your weekends collapsed on the sofa trying to muster the strength to tackle the week ahead? There are many of us that can relate to this image of being on the go all the time and never having quite enough time to recharge.
It is relatively easy to find out what you need to know about any topic thanks to the internet. We can look up how to spell words, how to pronounce words, find the location of a city anywhere in the world. Never been to Mexico, no problem we can google away and find which countries border Mexico, see the location of the beaches, the major cities, the highlands and any large lakes. There is a lot of information and that is the problem with the internet. I sometimes get bogged down sifting through the mountains of information trying to work out if it is credible information.
It's time to make a difference in our own lives. Our retirement can last 20, 30 years or even longer. The number of octogenarians in this world, those reaching 80-89 years of age, is now the norm. The chances of becoming a nonagenarian, those reaching 90-99 years of age, is on the cards. Life expectancy is increasing across the world, and the world population has also increased rapidly, the number of Centenarians is expected to increase quickly in the future.
The risk of not being diversified.
What’s your financial backup plan? Whether in life or for investing there are risks if you aren’t truly diversified. It correlates to having all your eggs in the one basket. We could be talking about what happens to the household if the main breadwinner stops bringing home the money. What if the one that earns all the income to pay for the family’s monthly bills, suddenly becomes ill or injured and cannot work? What happens then?
Some of us have always lived in the same town, and others have had many places they have called home. My parents owned many small businesses from when I was young. It just seemed that every couple of years we sold up and moved on to other opportunities. I have lived in over 60 different places and I think my kids are following in my footsteps. My son and daughter left home many years ago and both live interstate.
Everyone wants to know the secret. We want the inside knowledge on how to achieve what we have been dreaming about - a happy retirement. How do we actually succeed at anything? The secret is simple; you have to know what you want. If you can describe in detail what it is you desire then you see it more clearly and can move in that direction. When you are vague and can only give a general
This asset class is here to stay. Fear can hold us back, stopping us from trying something new. Are you letting fear of the unknown stop you investing in Cryptocurrencies? What are we afraid of? Are we afraid of looking silly, of not getting it right, of losing money or of failing? Bob Proctor says that failing
Heath coach promotes getting our lives back in balance
Who said life in retirement had to be sedentary? We owe it to ourselves to keep active and keep ourselves in the best shape possible. I should talk? I am the one that spent my youth running around from one sporting activity to another. Then in motherhood I spent my time driving the kids around to get
Tim Klingner is benefiting fom starting his investing journey young.
We all hear the stories of people ending up in a financial mess and wished they had paid attention to their finances when younger. If I had started saving at a young age then when I retired I would be a millionaire. I would not have this worry of whether I would have enough money to last me thirty years in
Travel is the big ticket item on most retirees must do lists. According to the Australian Bureau of Statistics Australians love travelling with 9.8 million of us departing for overseas destinations last year on a short stay. We love visiting New Zealand, Indonesia (Bali), United States of America and Britain.
Noel Edwards reveals how he Mastered his Investing style
As we get closer to retirement we are also probably getting closer to having more spare time. The kids have grown up, left home and we are rambling around in that big empty nest. We are no longer having to
Australians are not used to paying for help. We have that inbuilt sense of we can have a go ourselves. It’s a great attitude and has gotten us far. We have all seen these get rich quick schemes with big bucks to be made out of property renovating. However the truth of the matter is that it is hard to make good
Life is a Journey of self discovery. The older I get the more I learn. One of the things in particular is the fact that too often, it’s not until we reach retirement age that we get to spend time doing what we want to do instead of what we have to do. Retirement age has given me the opportunity to read and delve into areas and topics that I would have never previously considered. I have started looking at those big questions. Questions like, why is it that some
Ann Babiarz, an investor, a coach and author of the book, ‘Up’, shares her Investing success tips. Believe it or not it starts by creating a road map for your life. Life is a journey and when we go on a journey we need a plan. Ann explains why an investing strategy needs to be congruent with your life and values. I found this as you will see a most interesting discussion particularly the Harvard study.
Do you dream of escaping the rate race, of not having to go to work each day? Do you think about not having to get up early, come home late, never seeing the family because you are stuck in traffic? Do you keep missing those important milestones in the family’s life?
Christopher Calandra CFP shares his 3 steps to Secure Financial Freedom
We spend more time planning the family vacation than we do our financial future. That's a pretty bold statement. I personally think it is shocking but it is true which is why Christopher Calandra, a certified financial planner, made it during our interview for today's show.
Where are we going to live in retirement? At least half of us are going to sell up, move on and downsize. We move for various reasons. Some of us are downsizing because we are now empty nesters. The children have left home and we can do something better with our time then cleaning a big house and maintaining a large yard. Some of us move because we want to live in a warmer climate. In the USA the move is south closer to Florida.
You can have all the money in the world but if you don’t have good health you won’t be able to enjoy your retirement. How much of your monthly expenditure goes for paying for drugs, medications and supplements? We have gotten to the age of the pill poppers, and many of us are on permanent medication for a chronic condition that has gotten out of hand.
Do you dream to create ‘mail box’ money? This is where money shows up either when you open the letter box and there is another cheque to bank or electronically in our bank account on a regular basis. How sweet is that? To be able to have that passive income coming in each month or each quarter where