Tag Archives: retirement

The Fantasy of “Balanced Returns” Funding Retirement

The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted as a sure thing:inflation will stay near-zero essentially forever, assets such as stocks and bonds will continue yielding hefty … Continue reading

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Financial Independence via Self-Employment: How Do We Do It?

The conventional financial industry touts gaining financial independence by playing Wall Street’s game: working a conventional job for decades to accumulate a chunk of money in retirement funds that Wall Street wizards magically squeeze for hefty annual returns in a … Continue reading

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No Jobs for the Young, No Retirement for the Old

You may have seen a variation of this chart of employment in the U.S. by age group. This chart–courtesy of mdbriefing.com— shows the number of those employed (with any kind of job–full-time, part-time, self-employed) as a percentage of the Civilian … Continue reading

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Looks Like I’ll Be Able to Retire Comfortably at Age 91

My advice is to focus not on retiring comfortably, but on working comfortably. You’ve probably seen articles and adverts discussing how much money you’ll need to “retire comfortably.” The trick of course is the definition of comfortable. The general idea … Continue reading

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We’re Relying on Phantom Wealth to Fund Our Retirement

Phantom wealth cannot possibly fund unprecedented retirement and healthcare promises. The narrative that Social Security, Medicare and pension funds invested in stocks and bonds can fund the retirement of 65 million people is a misleading fantasy. The sad reality is we … Continue reading

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