Are Comfortable Retirements Becoming Extinct?

Twenty years ago, a financial advisor named William Bengen identified a disturbing trend. Retirees, who used to be able to count on Social Security and pensions, were starting to depend upon their own savings to manage retirement.   This problem is even more acute today, as companies have largely abandoned pensions in favor of 401(k) […]

Where Fantasy Football Meets Retirement Planning

From what I can find on the Internet, it’s estimated that 40 million people will play fantasy football this year. In contrast, 50 million Americans have 401(k) accounts. The numbers aren’t too far off.   I admit, I’m one of the fantasy folks. The other day, while tinkering with my lineup, the thought hit me […]

How a brilliant doctor lost thousands

Think you’re having a bad day?   I just read in THE WEEK that the American author of Fiesta: How to Survive the Bulls of Pamplona was recently gored by… a bull… in Pamplona.   Fortunately he survived but the doctors had to operate; he had his credibility removed.   Speaking of doctors, a physician […]

The WORST kind of emotional baggage

It happens every week. TimeOut New York magazine takes two lovelorn New Yorkers and pairs them up to see if they’re right for each other. They send them on a date, then ask each person to record their assessments independently. And then they publish the comments in the magazine.   More often than not, the […]