by MoneyMasterPeter | Mar 15, 2017 | Estate Planning, Financial Organization, Investing, Money, Retirement, Savings
Recently I was sitting in a retirement income training class and the four C’s of retirement planning were presented that just made good sense. I have changed the details a little so that they fit the Money Mastery Principles and philosophy, but here you go: First C:... 
by MoneyMasterPeter | Dec 19, 2016 | Estate Planning, Financial Organization, Money, Retirement, Tax
It is always nice to watch your retirement savings grow. When gains are posted to your 401(k) account, it has already overcome other significant costs — costs you may not even realize you are dealing with. For example, if you were to see a 5 percent gain... 
by MoneyMasterPeter | Mar 18, 2016 | Financial Organization, Money, Retirement
We have too much information available to us today, especially when it comes to retirement planning. This gives us a false sense of confidence, so we think we can “do it ourselves.” But human nature shows that when we have too much on our plates of which we... 
by MoneyMasterPeter | Mar 9, 2016 | Financial Organization, Investing, Money, Retirement, Savings, Social Security, Tax
Whenever I teach a class on personal finance, everyone asks about retirement planning. Therefore, I ask all my students to explain what they are doing to prepare for retirement. The most common answers that come back to me are things like, “which is better,... 
by MoneyMasterPeter | Dec 29, 2015 | Retirement
When I am explaining retirement planning to my clients, I like to use the analogy of buckets to help people visualize what they need to do to prepare the most appropriately for retirement. Think of retirement planning in this way: There are five financial buckets a...
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