It’s coming, can you feel it? The next recession is getting closer and closer, there’s no doubt. How do I know this? Simply put, recessions happen and we haven’t had one in quite some time, so it’s a safe prediction to make that the passing of each day moves us closer to the next. Are you ready? Before we get …
I often suggest that good financial planning means we die with money left over. Conversely, that must mean that bad financial planning means we run out of money before we die. Of course, omitted from this binary look at the topic is the possibility that you’ll spend your last dollar as your last breath exists your body. Wouldn’t that be …
If you worked one less day per week at your paid job, what would you do with your time? This can be a fun exercise, but it can also feel like asking you what you’d do if you won the lottery. You imagine all of the wonderful things you’d buy and become caught up in that fantasy only to snap …
As the first quarter of 2022 came to a close, the teams at Elevated Retirement Group and Elevated Capital Advisors spent an afternoon out of the office to recharge the batteries and engage in some good old-fashioned team building at Top Golf. Of course, the team building quickly turned into a competitive event with everyone trying to prove their golf …
Spring is here – the trees are blossoming, the birds are chirping and the bats are swinging. It’s the most wonderful time of the year: baseball season! Not only have the pros started playing (which almost didn’t happen!), my nine-year-old son, Michael, and his team began their season as well. His games started in March with a couple of out-of-state …
The Boston Marathon is an event where otherwise normal people travel great distances, at great expense, to punish themselves physically, mentally, and emotionally for 26.2 uninterrupted miles, sometimes in the rain. The very nature of a marathon race really does beg the question, “Why?” In fact, I asked a marathon runner this question years ago, “Why would you choose to …
There have been a number of recent studies completed to determine what makes us happy. In several studies, it was concluded that quality relationships are most important in determining levels of happiness. Other studies looked at the effect of money on happiness. In fact, research by the Nobel laureate psychologist and economist Daniel Kahneman showed that money increases happiness until about …
I think we don’t spend enough time and energy discussing compounding. Sure, we feel its effects when we look at our account statements from the last couple of years (especially when compared to statements from a decade ago!), but what about other areas of our lives? Is there a compounding effect that’s possible in our careers, relationships, and families that …
Reduced Stress Through Rehearsed Austerity A recent client review meeting reminded me that money can be stressful. This is a statement so obvious that it seems silly to write it out, but there it is. It can stress me out, and I’ll bet you feel it from time-to-time as well. While I won’t suggest that money’s emotional and intellectual burdens …
The headlines are screaming, and the data is real: inflation is on the rise. In fact, we’re seeing higher rates of inflation now than we’ve seen in 40 years. Prices are going up and that can be a very scary reality for retirees. But how does that actually impact you? If you’re retired now or planning to retire soon, what …
