Getting it Right - Welcome

The goal of this blog is to publish my thoughts on a variety of economic and political topics in the hopes that people who find them educational or beneficial will utilize them and/or forward to others who might find them interesting and/or worthwhile to promote to others, possibly including politicians who can push some of these ideas to fruition. The topics in my blog are meant to be of value on a long term basis, not a daily diary or political issue of the day log. If the information posted is useful to you, by all means utilize it and/or forward it as you see fit. If not useful, then merely ignore it. There are no universally agreed upon truisms and too little tolerance between some of those with opposing viewpoints to successfully convince the people with hardened opinions to move away from them. I am an analytical type person who will try to be as factual as I am able.

I disdain the current popularity of name calling and condemnation of viewpoints with no factual alternatives or logical solutions given that I see so often. If you don't have a solution based on fact and logic, then opt out of the discussion because you have nothing to contribute. My background is a degree in Economics from the University of Michigan and 39 years working in middle management jobs for a major retailer. My opinions are forged on the personal experence of life, family, friends, and work as well as triumphs and mistakes that I have made and hopefully learned from. My hope is that this blog helps you.

My first topic will be about personal finance. I chose that one first because most of us work long and hard just to survive but not all of us realize our dreams of becoming financially independent from the labors of our work. Much of our political votes/thinking also focus on the economy and in particular how well we are personally doing financially.

It is relatively simple, without sacrificing the enjoyment of living for 'today' and even at moderate incomes, to retire as a millionaire or multi-millionaire, if you focus on that goal consistently from a young age. It is also simple to ensure that your child or grandchild retires rich. It merely requires a one time gift of just $2,000 invested wisely and the passage of time. Please read my first post on this blog to learn more.


Getting it right on Politics, Economics, and Personal Finance

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Tuesday, May 23, 2023

Retirement has been an Evolution

 

I remember when I retired over 15 years ago, I both looked forward to not working anymore and also had some reservations as to how I was going to keep from getting bored with all that free time. How I keep from getting bored is different now then the earlier years of my retirement.

1. At the beginning of my retirement, I kept from being bored by:

a. Playing golf twice a week.

b. Doing a lot of financial planning, seminars, and investing the first 5 years.

c. Doing a lot of family tree research

d. Planning and taking 3 to 4 vacations a year for the first 10 years and before Covid hit. Traveled to much of the US and to 25 nations in Europe, Asia, the Caribbean, Mexico, and Costa Rica.

e. Taking lots of photos and videos of vacations and family and editing them.

f. I exercised daily on a treadmill for 3o minutes (walking at a brisk five miles an hour) and then increased that to twice a day.

2. As time progressed:

a. I dropped golf which I was never good at and play pickleball 5 days a week which I am good at. I had to drop the treadmill due to knee problems and the recumbent bike never gave me the good blood sugar results that the treadmill gave so I dropped it too.

b. Got into a pinochle group for men, women, and couples. The men and women's groups play once a week and then go to lunch together. There's also a monthly pinochle Men's nightly pinochle game with dinner first, and the same for a monthly couples pinochle game with dinner first.

c. Put hundreds of gigabytes of edited photos and videos for family, vacations, Family research, and internet photos of amazing places, nature, etc., Investment Advice, on a website that I share with family through links and that I continue to update.

d. Created a blog for my interests and thoughts on Economics, finance, and politics.

3. Most recently:

a. Our diabetes causing frequent bathroom trips has made the guided tour vacations we liked to take impractical. fortunately, we have seen almost everything we wanted to see.

b. So we started taking more all inclusive beach vacations since bathrooms by the pool and ocean are always near by. However, we have gotten bored with them and the food and nightly shows are not as good as in the past, so we stopped doing them.

c. Still doing pickleball, pinochle, and family tree research.

d. Some TV time, more computer time including reading a newspaper on line and playing pinochle and Hearts on my computer with my wife and "robots" or just robots.

e. Going out for lunch and dinner more often.

f. Giving investment advice to young family members.

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