Retirement

Keeping Busy

Keeping Busy

Is Keeping Busy Good? I retired less than a year ago. Before I retired, the most frequent question I was asked was, “What will you do?” Now, it is “Are you keeping busy?” Have you ever thought about what keeping…

Opportunity Cost of Time

Opportunity Cost of Time

Opportunity cost represents the potential benefits that a business, an investor, or an individual consumer misses out on when choosing one alternative over another. Opportunity cost usually refers to money. If you buy a television for $1000, you don’t have…

What Is Important to You?

What Is Important?

Decide what is important to you and do what it takes. I listened to a superb financial podcast today. Benjamin Brandt talked about the 60/40 rule of investing, but I was more interested in the discussion he had with another…

How To Know When to Retire

How to Know When to Retire

How To Know When to Retire I left my medical practice of 19 years last week. I’ve had three parties celebrating my retirement, but I don’t call it retirement. Retirement used to mean quitting a job of 35 years, then…