We've been keeping up with the latest headlines...
here are two of our favorites worth sharing.
|
|
|
Your Money
Retirement may still feel comfortably distant when it is three to five years away, but this is the point when preparation should become more deliberate. The goal is to use the final working years to reduce surprises and make the transition from saving a paycheck to living from the portfolio as smooth as possible.
Five practical steps can help:
- Choose a target retirement date and a backup date.
- Complete major purchases while paychecks are still coming in.
- Maximize catch-up contributions.
- Build enough safe, accessible money to avoid selling investments during a market downturn.
- Coordinate financial and tax planning before retirement begins.
The larger point is that retirement should be treated as a transition, not an abrupt stop. Most people will need their plan to support them for decades, so the portfolio must also preserve enough growth potential to help protect future spending from inflation.
At PWM, this is when the Retirement Map and the Big Book of Numbers become especially valuable by turning a hoped-for retirement date into a coordinated plan for investments, taxes, Social Security, healthcare, inflation, and cash flow.
5 Things to Do Now to Retire in 3 to 5 Years
by Christine Benz and Valentina Djeljosevic
|
|
Your Life
Summer always seems to disappear faster than expected, but the problem may be less about the calendar and more about how much of it we spend on autopilot.
To make the season feel fuller, pay closer attention to ordinary moments, add a little novelty, avoid overpacking every weekend, and take time to reflect on the memories afterward.
The goal is not to cram more into summer. It is to notice more of it while it is happening.
Summer Always Flies By—Here Are 4 Ways to Savor Every Last Bit of the Season
by Melissa Matthews
|
|
Complexity Simplified
Ever wonder why burgers sometimes puff up in the middle and shrink into something closer to a meatball on the grill?
Before cooking a thick burger, press a shallow dimple into the center of the patty. As the edges contract over the heat, the indentation helps the burger stay flatter and cook more evenly.
One small thumbprint can make a much better grilled burger.
10 Tips for Better Burgers
J. Kenji López-Alt
|
|
Trivia
Last week's answer: Jaws
This week's question: On what U.S. battleship did Japan formally surrender to end World War II?
|
|
Back in 1983, this song reached #1
|
|
|
|
|
|
