Lessons

Showing 45 results of 45

After a Car Accident: Money Lessons From My Crash

Apr 25 2024

Car accidents can be devastating both physically and financially. Beyond the immediate trauma, they often leave lasting financial implications. In the aftermath of a car crash, many people find themse...

thinksaveretire.com

Key Investor Lessons From The New Department Of Labor Fiduciary Rule

Apr 24 2024

The new DOL rule expands the definition of investment advice under ERISA. It is designed to provide additional protections to investor retirement accounts....

forbes.com

Seven Key Lessons After 3 Years in Retirement

Apr 20 2024

In two months, I will hit my 3-year mark of retirement. I officially retired at the age of sixty-onein the ... Read more...

physicianonfire.com

Nine Lessons to Be Learned From the Hilton Family Trust Contest

Apr 19 2024

Disclaimers, good communication, post-marital agreements and more could help avoid conflict in a family after the owners of a wealthy estate pass away....

kiplinger.com

8 Life Lessons From Marcia Gay Harden

Mar 30 2024

Actress shares how she’s learned to skip the drama and never stop growing...

aarp.org

Lessons Learned From Britney Spears’ Financial Conservatorship

Mar 27 2024

The pop star’s recent memoir reveals the toll her involuntary conservatorship took on her and spotlights the drawbacks of these legal arrangements....

kiplinger.com

FIRE Lessons From ex-AMZN Director Dave Anderson

Mar 23 2024

Hey FAANG FIRE! Today’s newsletter is a special one, and not just because I was sitting at my keyboard last week eating my avocado toast while contemplating the existential implications of my ne...

andrenader.substack.com

Retirement Lessons From Lewis & Clark

Mar 15 2024

This post contains Amazon Affilliate links which will pay a small commission to me (at not cost to you) if you order through the links. I recently read one of the best books I’ve ever read. It l...

theretirementmanifesto.com

6 High Paying Remote Jobs with No Degree

Feb 26 2024

Back in the day, a college degree was essential to landing a high-paying role. But in today's increasingly digital world, this idea is outdated. Many of the skills learned in college can now be obtain...

thinksaveretire.com

Key Lessons from “The Automatic Millionaire”: A Financial Planners Review

Feb 13 2024

Before I began my path toward working as a financial planner, I had enjoyed reading books on self-development and financial ... Read more...

physicianonfire.com

Lessons Learned From The Most Recent Medicare Open Enrollment.

Jan 23 2024

I found that 65% of our clients who did open enrollment reviews had at least one significant reason to change drug plans....

forbes.com

My Top 5 Investing Mistakes and Lessons Learned

Jan 16 2024

I’ve been investing for many years now. I’ve invested in the stock, real estate, and cryptocurrencies. I’ve also worked as ... Read more...

physicianonfire.com

8 Money Lessons for Investors: Insights from a Financial Planner

Jan 09 2024

As a Certified Financial Planner, I’ve worked with many investors over the years. Over countless conversations and meetings, I’ve seen ... Read more...

physicianonfire.com

What A Chief Marketing Officer Learned After Retiring Early

Dec 31 2023

To understand what it is like to transition early (before 65), I talked with Heather Loisel, the former CMO of Ricoh, USA....

forbes.com

Lessons on Smart Investing and Rich Living from Charlie Munger

Dec 21 2023

On November 28th, Berkshire Hathaway Vice Chairman Charlie Munger died at age 99. Munger and his partner, Warren Buffett, became billionaire sages whose words reverberated throughout the markets. Thei...

keenonretirement.libsyn.com

Life Lessons - A Financial Planner’s Perspective

Dec 19 2023

As I look back on my career as a financial planner, I think of the diverse range of human experiences ... Read more...

physicianonfire.com

Anybody here doing the RV living thing? What have you learned from doing that?

Dec 12 2023

Some retired folks I know threw the switch to sell the house and buy and RV and live the mobile life. I also know some that did that for about five years and then gave that up and resettled in a perma...

reddit.com

A couple of things I learned after retiring

Dec 02 2023

If you plan on/need to earn money after retirement don't ever say the word "retirement", people won't pay you for anything. I thought every day would be Saturday- it's not, every day is Tuesdsy. Yoga ...

reddit.com

Are You an “Emotionally Intelligent” Investor?

Dec 01 2023

Ravee Mehta made a splash in 2012 when he published The Emotionally Intelligent Investor. The premise went against everything you learned about investing in the 20th century, like reason is better tha...

newretirement.com

Optimism

Nov 25 2023

Mindy and I are in NYC and work up early one morning with one goal in mind: take a great photo of the Charging Bull. I’ve been fascinated with this sculpture since I learned that the creator plo...

1500days.com

Why Luck Isn’t Real

Sep 26 2023

A few weeks ago I was talking with my cousin, who works at a movie theater, and I asked him, "What's something that you learned while working at a movie theater that most people don't know?" He replie...

ofdollarsanddata.com

10 Lessons From The Batter’s Box Of Life

Jul 27 2023

I love baseball.   Even if you’re not a fan of the game, I encourage you to read on.  As you’ll see, the challenge of hitting a baseball is a great […] The post 10 Les...

theretirementmanifesto.com

If You’re So Rich, Why Are You Desperate?

Jun 06 2023

A few weeks ago Ryan Holiday released a post called 31 Lessons I've Learned about Money. The lessons are great, but I was a bit turned off by this paragraph that came right before the lessons: And I

ofdollarsanddata.com

What I’ve Learned From My Retirement Mastermind Group

May 04 2023

In January, I started a Retirement Mastermind group in the mountain town I call home.   Today, I’m sharing the story of how the group came to be and, more importantly, […] The po...

theretirementmanifesto.com

3 Lessons I Learned From Publishing a Book [And How They Can Help You]

Apr 11 2023

It's officially been one year since I published my book, Just Keep Buying: Proven Ways to Save Money and Build your Wealth. The experience has been both rewarding and eye-opening and today, I am proud...

ofdollarsanddata.com

Lessons Learned in Retiring Abroad

Mar 27 2023

March 29, 2023 — If you have seen the ads from International Living and other companies you would think paradise awaits you in a sun-soaked tropical paradise. According to the claims, all you ne...

topretirements.com

10 investment lessons from Peter Lynch

Mar 21 2023

Contents from freedom 35 blog. (www.freedomthirtyfiveblog.com) Here are 10 lessons from a portfolio manager that averaged 29% annual return from 1977 to 1990 1. Everyone has a unique set of knowledge ...

freedomthirtyfiveblog.com

Two Key Lessons From the Banking Crisis

Mar 20 2023

The failure of Silicon Valley Bank (SVB) and the general health of banks has been all over the news recently. There are many fascinating aspects of this story. One is parsing out the roles different p...

caniretireyet.com

Navigating a Lawsuit

Mar 09 2023

Today, we interview a doc who shares his experience of navigating a lawsuit. While he keeps the details of the case private, he shares what he learned through this long and arduous several-year proces...

whitecoatinvestor.com

Lessons Learned From 4 Years Outside the Maze

Feb 10 2023

Life’s been a real mixture of things for today’s poster. He reached financial independence and retired four years ago, and ... Read more...

physicianonfire.com

The Markets Were Miserable Last Year, But That’s Great News

Feb 03 2023

It’s all about perspective. Hopefully, you learned that your financial plan can withstand market downturns. If not, now you know you need to make adjustments....

kiplinger.com

Adventures In Yoga

Jan 27 2023

After a long holiday hiatus, yoga classes picked up again at my local community center. I never thought I would be so excited about an exercise class. But, as I learned during the past few months, yog...

kathysretirementblog.com

Long term retirement advice

Jan 26 2023

Sometime last year I converted an old 401k from a previous employer to a traditional IRA then to a Roth IRA. I have around $10,000 in the Roth. I am also contributing to my current employers match rat...

reddit.com

Money and Happiness: 50 Financial Lessons for a Happier Life

Jan 16 2023

Discover the connection between money and happiness with 50 financial lessons to help you improve your relationship with money and achieve a happier life....

crucialwealth.com

10 Lessons Learned Along This FIRE Journey

Jan 15 2023

So understanding that value proposition all of us have in trading our time for money is one of ten lessons that our poster, Tawcan, has learned during his...

physicianonfire.com

7 Invaluable Retirement Planning Lessons from 2022!

Jan 08 2023

Between soaring inflation, stock market volatility, the worst year in history for bonds, and economic uncertainty, 2022 was a tough year for investors. But not all is lost! There are lessons to be lea...

bossretirement.com

Lessons from 2022: How I'm Refining My Path to Avocado FIRE

Jan 03 2023

2022 is finally over. It has been one of those years where it feels like you are struggling to keep your head above water. No amount savings could turn those net worth graphs green. Most people under ...

andrenader.substack.com

4 Investment Lessons From 2022 That All Retirees Should Take To Heart

Dec 29 2022

Tough times are generally a good opportunity for some introspection. In particular, taking time this year to review some timeless financial planning principals...

forbes.com

13 Lessons to Learn from Sam Bankman-Fried and the FTX Meltdown

Dec 28 2022

[Editor's note: As we say bon voyage to 2022, WCI readers can get a jumpstart on becoming financially literate in the new year. From now until January 4, you can buy a White Coat Investor course and g...

whitecoatinvestor.com

Forced Frugality: Applying Lockdown Life Lessons to Reach FI Faster

Dec 14 2022

By Dr. Leif Dahleen of Physician on Fire, WCI Network Partner The last time I went even a week without eating red meat was 40-some years ago when I was an infant with no canine teeth and no abilit...

whitecoatinvestor.com

The California Effect

Dec 10 2022

One of the reasons I don’t write as often these days is that my life has gradually evolved into a Personal Finance Bubble.  The people around me have learned to be purposeful with their money, ...

mrmoneymustache.com

Learning to Live

Nov 22 2022

In my six years of publishing blog posts every Tuesday, I've never had the pleasure of releasing a post on my birthday...until now. But, rather than write one of those stereotypical "33 lessons in 33 ...

ofdollarsanddata.com

​4 lessons I've learned on my way to financial independence

Oct 15 2022

I’ll be the first to say that the FIRE concept may not be for everyone – “Financial Independence, Retire Early” is an intense personal exercise...

marketwatch.com

Lessons From the Badass Muscular Neurobiologist

Sep 30 2022

Have you ever noticed that as a whole, our society has its daily habits almost completely backwards? We’re generally so “busy” that we don’t have time to get much exercise. And then we spend c...

mrmoneymustache.com

The 10 Most Important Lessons After Retiring Early 10 Years Ago | Personal Capital

Sep 19 2022

For those thinking about retiring early, taking a long sabbatical, or doing something completely new, this article is for you....

personalcapital.com

About Lessons

There are several important lessons to keep in mind when planning for retirement:

Start saving early: The earlier you start saving for retirement, the more time your money has to grow and the less you will need to save overall.

Make a plan: It is important to have a clear idea of your retirement goals and how much you need to save in order to achieve them. This can help you make informed decisions about how much to save and where to invest your money.

Diversify your investments: Spread your investments across a variety of asset classes in order to minimize risk and maximize returns.

Consider your sources of income: In addition to savings, consider other sources of income that may be available to you during retirement, such as Social Security, occupational pensions, or rental property.

Be prepared for unexpected expenses: It is important to have an emergency fund in place in case of unexpected expenses during retirement.

Stay healthy: Maintaining good physical and mental health during retirement can help you enjoy your later years and reduce the risk of unexpected medical expenses.

Stay engaged: Retirement does not mean the end of your personal and professional growth. Consider finding ways to stay engaged and continue learning new things in order to keep your mind active and fulfilled.