Financial Planning

 

A few points worth remembering from a recent short course on retirement issues:

  • diversify!
  • define goals and write them down, e.g.:

  • retirement * education * parental care * estate * major purchases
  • * don't try to "time the market"

    • consider long-term care insurance
    • consider "life documents" such as:

  • power of attorney * health care wishes * will
  • * be realistic

    • keep it simple

    And I learned a funny new term: Slash Attorneys — lawyers who have lots of "slashes" in their advertisements: personal injury / divorce / workman's compensation / medical malpractice / DWI defense / etc. Beware the slash attorney!

    (cf. MoneyWisdom (2001-01-20), GoodFortune (2004-12-12), ...) - ^z - 2008-03-15


    (correlates: DangerousGame, SupplyAndDemand, SanguineDisposition, ...)