Retirement Realities and Contingencies

My latest post for Alpha Baskets looks at the extent to which retirement plans often diverge from retirement reality in terms of how many people end up retiring much earlier than they originally planned. This is where having a contingency plan comes into play including all the other things we’ve talked about over the years like monetizing a hobby. From the post; It is easy to envision the scenario of someone who in their 40’s and 50’s saved a little for retirement but was more focused on their mortgage and kid’s college expenses who planned to crank up the savings rate in their 60’s and mortgage free with the intention of working until 70. Embedded in that scenario might also be the expectation for generally rising wages all the way through. Please click through to read the entire post.   The pictures are from the Sedona Marathon which was last weekend and which I tie into the post in terms of contingency planning which was my role at the marathon; more details in the...

2015 Picks Up Right Where 2014 Left Off

This week’s Market Update is posted at Alpha Baskets. The Russian central bank was back in the news this week as it cut rates by 2% even though inflation is running at 13%, which is coincidentally what Russian ten year sovereign debt yields. The bank expects the rate of inflation to come down as the economy slows from ongoing sanctions. West Texas Intermediate Crude oil went on a wild ride last week. It was down very slightly on the week going into Friday. The price then proceeded to rocket higher by 7.26%, 6.84% for Brent, to close out the week. The gain was generally attributed to a drop in the rig count in the US and Canada. Please click through to read the entire update.   A quiet spot at the Madrid...