Dear Pete, I just retired at 60. I am a single, head-of-household male with no children. When I retired, my annual salary was about $120,000. I have had my mortgage paid off for about four years and have no monthly debt load. I have approximately…
Dear Pete, I am now 65 and on the verge of retiring. I am reluctant to retire but am feeling it is time to leave my position for various reasons. I hope to continue working part time if I find…
Damian, I keep hearing people talk about the coming recession. I know you can’t tell me when it’s going to happen, but what should I do to make sure I’m prepared for when it does happen? – Emily —————— Hi…
It’s nothing short of shocking how quickly your child’s bus rides to elementary school turn into a heart-wrenching drive to drop them off at college for the first time. The time flies by, and you wouldn’t be alone if you…
We decided to climb Pikes Peak, and after we parked and made our way to the trailhead with our friends, my wife ominously blurted “there’s no turning back now.” She was wrong. Sixty minutes later, I was on my way back…
Dear Pete, My husband and I have been gifting our daughter and her husband $10,000 per year for the last several years around the holidays. It’s become a bit of a family tradition. We enjoy being able to provide them…
The look on the man’s face was one I’ll never forget. Five seconds prior, his wife unleashed a verbal blast heard around the world. Fine, it was just my office. “As long as we don’t end up like his parents,…
I cheated death this past weekend and learned something valuable in the process. My kids were invited to a birthday party at a local roller-skating rink and I needed to go to help with wrangling kids. Little did I know…
Saw your piece in USA Today, July 30, ’16. ‘Earning a scholarship creates an exception to the 10% penalty rule for non-qualified withdrawals.’ Luckily we’re in that situation. Question: Does a non-qualified withdrawal equal to the scholarship have to be…
Without fail, my wife and I randomly acquire a fresh calendar every December. It’s always something different, and we always come to possess it in some peculiar way. A few years ago, a funeral home sent us one with Norman…