Our Wonderful Retirement Freedom Window

There was a time in the not too distant past when retirement was not an option. People literally worked until they died. In 1935 President Franklin D. Roosevelt signed the Social Security Act. From that day forward, the US government helped Americans retire, but this help came with strings attached. These strings were anchored around … Read more

Fawcett’s Favorites 2-13-23

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include profits from short term rentals may indeed be short term, being financially stable is so sexy, teaching your children about contentment, the risks … Read more

Fawcett’s Favorites 6-27-22

(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in September. I hope to meet many of you in person, or you can stay home and enjoy the conference virtually.) Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you … Read more

Everyone is using the 4% rule wrong

Most people who are saving for retirement are familiar with the 4% rule. According to this rule, proposed by William P. Bengen in 1994, and later confirmed by Trinity University in 1998, you can withdraw 4% of your retirement assets the first year of retirement and then increase your withdrawal for inflation each year thereafter. … Read more

Fawcett’s Favorites 10-26-20

Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include why you should take social security at age 62, understanding why you can buy a house … Read more

Fawcett’s Favorites 8-24-20

Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include three reasons to take social security at age 62, making your money work for you, selling … Read more

Fawcett’s Favorites 11-11-19

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include, why paying off debt can be a life saver if you lose your job, is an … Read more

Deciding When to Take Social Security

Aunt Etta And I in Greece. This is a controversial topic that I believe has no controversy for the high-income earner. Beginning to take your Social Security payments before your designated full-retirement age—for me that’s 67—will result in a lower monthly payment. Waiting until later, such as at age 70, will increase your monthly payments, … Read more