This month I am hosting a couple evacuated from the Iran/US war zone. They each (ages 40 and 29) have been saving money, but not systematically, and asked for some coaching on how to get their affairs organized.
We’ve had one session so far. Here is what we covered:
– Understanding that 15% of gross income should be saved for retirement.
– First, set up an emergency fund. (How much, why, where, have all been covered)
-Second,

This month I am hosting a couple evacuated from the Iran/US war zone. They each (ages 40 and 29) have been saving money, but not systematically, and asked for some coaching on how to get their affairs organized.
We’ve had one session so far. Here is what we covered:
– Understanding that 15% of gross income should be saved for retirement.
– First, set up an emergency fund. (How much, why, where, have all been covered)
-Second,

Those words are repeated in video after video on Facebook by seniors (possibly actors) complaining they can’t pay their bills because Social Security is inadequate and does not keep up with rising costs. “We worked our whole lives and paid into SS and this is what we get?” they ask.
What is disturbing to me are the thousands of “likes” the videos receive and the hundreds of agreeing comments posted every time.  In essence, 

BEFORE WE GET into it, a brief word. We lost Jonathan last year, and those of us who followed his work felt it more than we perhaps expected.  He had a saying that I always liked – that there are really only twenty stories in personal finance, and the financial industry spends most of its time telling them on repeat in slightly different hats. He was right, of course. He usually was.
It struck me that a fitting tribute might be to take his core principles and do something with them,

RECENTLY, The Wall Street Journal ran a story about a new type of investment known as a digital stock token. For now, they aren’t available in the U.S., but they’re coming soon, so it’s worth taking a closer look.
What are stock tokens? At the most basic level, they’re a technology designed to make stock market investing quicker and easier than it is today. With tokens, trading won’t be limited to traditional business hours.

In many personal finance circles, the conversation around aging inevitably turns to the “child as a safety net” strategy. We often assume the natural progression of life involves moving closer to our offspring, or perhaps moving them into our homes, so they can help navigate us through our final chapters.
But as I look around my age-restricted community, I see a much more diverse—and arguably more resilient—set of arrangements. While some neighbors do live with their adult children,

We have reached a point now we don’t need to use either free or paid tools or calculators for things like, figure when to claim social security, we have converted all our t-IRA accounts, so no RMD, nor NIIT, nor IRMAA. We have also done our estate planning and a letter of instruction, etc. We did very well with our budgeting with our spreadsheets.  All that is left to figure out annually are our annual retirement cash flow/income,

Three funerals in four weeks. A friend taken by bowel cancer. Another by a stroke. A third, most heartbreakingly of all, by his own hand. It’s got me thinking about life. The big questions no longer feel abstract; they feel like they’re sitting across the table, waiting.
So. Do you have any regrets about the choices you made in your younger years?
As the song goes, I have a few. Not spending more time with my daughters while they were growing up.

In his book “Die with Zero”, Bill Perkins lays out a framework for how to spend money to maximise your life. Ramit Sethi has his “money dials” to explain how to both enjoy money whilst still building a strong financial base.
But I reckon that the two wisest women in my life, specifically my wife and Mum, have it all worked out. And they didn’t have to write a book or start a podcast.
Mum was raised in a comfortable family home.

For context, I am 65, retired for seven years, married and have children and grandchildren. The lists below are based on my specific life details. I know items on your lists may be different, but I’d love to hear about them to learn from your experience.
Things I Am Doing Now As Compared To When I Was Younger

Learning to splurge a little more (as I am able)
Flying instead of driving
Using an Uber (versus park at the airport or ask someone for a ride)
Making larger financial gifts to loved ones (now instead of later)
Paying for meals at restaurants for our adult children and their families
Saving for the educational expense of grandchildren
Answering questions as the Identified go to person in my family for financial matters
Participating more at the local senior center I recently became a member.

I’m Jonathan’s brother, Andrew Clements.
I remember the crash of 2008–2009. Markets were nosediving with no end in sight. Fear was everywhere. Like many people, I wondered whether this time was different,  whether things might not recover.
I called my brother, Jonathan.
He told me to stay in the market. It would go back up, he said. And if it didn’t, well, then we were all royally screwed anyway.
So I stayed invested. And of course,

Felt a little uneasy with the market wobbles over the last while? Maybe some quiet anguish watching your numbers dip into the red? If so, welcome back to an old friend, recency bias, because that’s almost certainly what you’re experiencing.
Step back and look at your portfolio over the last 12, 24, 36 months and you’re on a solid upward trajectory. That’s genuinely good news. But you’re not thinking about that, are you? Your mind is stuck on whatever percent you lost last month.

I’ve spent a fair amount of time documenting my financial journey here on HumbleDollar. Some regular readers might remember me documenting both the purchase of a home (in 2018) as well as the sale of that home (in 2022). I purchased the house (an 1100 square foot ‘starter’) for $375,000. I sold it for $600,000 cash.
I recently saw that the house changed hands again. The numbers, however, tell a sobering story: this time it sold for $500,000.

This is the first piece I have ever written for HumbleDollar, because frankly I don’t have much financial nous to preach – particularly to a congregation that I assume to be, on average, better off than I.
I’m here with a question, not a pearl of wisdom, and I’m asking out of genuine curiosity.
Both my net worth and my retirement savings are around the 80th percentile for Americans. That’s way higher than I ever expected to be,

Like most people, I’ll get to feeling overwhelmed. Too many choices, too much complexity, just too much. Once the overwhelm kicks in, there are two ways forward; take a big deep breath and calmly work through the issue, or simply put the whole thing aside. I would like to think that I do more of the former, but as a human being, sometimes it’s the latter.
And it worries me that when financial advice is broadcast to a wide audience,