Life Planning

On Tuesday, January 10, 2023, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about how long we should plan on living in retirement projections.

It is perfectly fine for you to underspend your assets. You don’t need my permission, but you have my blessing anyway.

This common gift to new computer programmers hides a life lesson for us all.

Juggling domestic responsibilities is a second shift adults are burdened with. I find this analogy helps me to set my expectations and focus more properly.

Regardless of what you do with the money earned, continuing to work is a worthwhile journey.

Just as a fake smile can make real happiness, fake happiness can create real enjoyment.

I think of these four lessons when I refill my soap dispenser.

Automate your savings. Take manual control of your spending. This is the path to wealth.

Graduate yourself from a childish mindset to that of an adult.

No limp arms. Keep your hands up. Budget for emergencies.

Yes, we are merely human, but our ideas and our analysis are powerful.

From such changes, the millionaire mindset is built and millions are gained.

I agree with my grandfather that we should not be inclined to spend the rest of our lives in a rocking chair.

Your choices now change the course of your future in significant ways. “Into the Woods” is a cautionary reminder of that.

Knowing what you want is important to directing the course of your life. To have a better life, you need to have a purpose for both you and your money.

Here is a strategy that can both help you identify what you value and help you start your budget.

Whatever technique you use to smooth your income, providing for the possibility of having a sudden reduction in income can help your family self-ensure against this potential financial shock.

The FIRE (Financial Independence, Retire Early) movement is a suggestion that you should have the goal of achieving financial independence and retiring while you are young.

Peik Lin is a person who sees the recipients of her family’s spending the same way as people.

Astrid Leong is simultaneously one of the wealthiest characters and, even though she has a massively large standard of living, one of the thriftiest.

Much can be learned from your earliest money memories. Here are some of mine.

A 2014 post called “7 Strange Questions That Help You Find Your Life Purpose” has seven good questions for life planning. Here’s the radio edit version of that post.

I recently stumbled upon an interesting website called OK to Die which has resources for preparing for and dealing with either your own death or the death of another.

On March 13, 2018, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss finding a life you love. Also in this show: what David Marotta thinks about his own life calling and a discussion of healthcare and insurance in retirement.

Investments, like life, are volatile, risky, and on average rewarding. Diversification and rebalancing help to protect yourself from the volatility.

David John Marotta was interviewed on Radio 1070’s Schilling Show discussing getting your finances in order.

We don’t write a lot about how to spend money, but an international study published this year claims to have found the route from wealth to well-being through spending money.

Financial planning is simply doing what it takes to give you the means to do what you want. The poorer you are the more you need financial planning. You don’t have any margin for mistakes.

A fee-only financial advisor can provide the decades of support and encouragement to make financial planning, effective life planning.

Every decade of life brings new financial challenges. Try to avoid these common pitfalls.

Dr. Randall Bell develops strategies to overcome problems and maximize peak performance.

Purchasing investment products in isolation from the larger context of your specific situation is like pushing random buttons on a vending machine in order to provide a Thanksgiving dinner for your family.

Life planning begins as thoughts and ultimately shapes our entire destiny.

With a little preparation, you can save and invest over your lifetime to meet your financial goals and dreams.

It is the season of spring cleaning, so here’s a calendar of ways to clean up your finances one step at a time.

Many people are first exposed to investing in grade school through a very simple game. Unfortunately, this game teaches all the wrong lessons.

The national average life expectancy is not a good measure for our clients’ life expectancy. That means planning beyond ages 82 and 85.

For those of us who don’t like playing the lottery, does the lottery have anything to offer us?

Pen-and-paper roleplaying games have a lot of unique lessons to offer, particularly for policymakers and managers.

The list of jobs for a History major seems quite short: Historian and Historic Preservation come quickly, then maybe Politics, if you think particularly hard about it.

David John Marotta was recently interviewed on radio 1070 WINA’s Schilling Show discussing success, and how to structure your life for greater chances of success.

The amount of energy available in the brain to exercise self-regulation and resist temptation is a limited resource. When the account runs out, well… you know the kind of decisions you make.

How to judge if your money was well spent.

The lottery is based on the most powerful way to motivate people and change their behavior: a variable reward in response to a specific behavior.

The classic conversational pastime of answering the question, “What would you do if you won the lottery?” could help you or it could hurt.

One goes to bed, while the other sits down to manage the family finances.

These quotes are provocative for what they say about us as Americans.

While you know about the duplicate wedding gifts to exchange or return, and your mother is reminding you to finish writing Thank You notes, you might not remember all the other things you need to do.

“Ascertain whether they’re ready for changes in lifestyle and finances for the next stage of their lives”

Having community is important for a successful retirement. Men may find it requires more work to achieve.