You Can’t Invest Yourself Out of a Savings Hole

You Can’t Invest Yourself Out of a Savings Hole

Recently, I saw a wonderful post on Twitter. It’s too good not to share: “You can save your way out of an investment mistake. You can’t invest your way out of a savings mistake.” – Tom Conlon — Dan Egan 🤓 (@daniel_egan) May 1, 2018 This is a fantastic point. It’s such a good point…
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Is What I Tell My Financial Advisor Confidential?

Is What I Tell My Financial Advisor Confidential?

We recently helped a client who was in the midst of an exciting time in his life. After many years of hard work, he sold the company he built and went from having a little bit of savings to having life-changing wealth. Wanting to be prudent with this big financial windfall, he came to us…
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Should I Buy Extra Insurance from My Job?

Should I Buy Extra Insurance from My Job?

Should you purchase extra insurance through your job? It’s a question many employed folks must answer as they navigate through any number of employer benefits. While receiving health insurance for free is a no-brainer, there is a trickier question: Does it make sense to buy disability insurance, term life insurance or any other benefit through…
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How to Fix a Big Social Security Mistake

How to Fix a Big Social Security Mistake

If you’re nearing retirement and are worrying about having enough money, there’s a huge mistake you should know about. This big mistake is taking Social Security benefits as soon as possible. Instead of signing up to receive Social Security retirement benefits at age 62, wait until you’re 70 (if you can afford it.) Why should…
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Focus on the Big Stuff

Focus on the Big Stuff

At Define Financial, we are big fans of tracking your spending. But it’s not because we’re nerds who love spreadsheets. (Although, that is true of your humble author.) We’re big fans of tracking your spending because we think that tracking your spending can have a profound effect on your life. When you track your spending,…
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Do I Need Disability Insurance If I’m Near Retirement?

Do I Need Disability Insurance If I’m Near Retirement?

Do you need disability insurance if you’re nearing retirement age? Like most financial planning questions, there is no single answer for every situation. Whether or not you need disability insurance near retirement depends on a few different factors, including: how much money you plan to save over the rest of your working career, the size…
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Why Jerry Seinfeld Was Right About Public Speaking

Why Jerry Seinfeld Was Right About Public Speaking

Remember that famous Jerry Seinfeld joke about public speaking? He references a study that said people are more fearful of speaking in front of a crowd than death. If true, it means the average person attending a funeral “would rather be in the casket than doing the eulogy.” This one:   That’s me. I’m one…
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