A Guide to Starting Retirement at 50
As I look at my 17-year horizon toward retirement, I often compare my investment strategy to the business I have run for the past decade. In business, you don’t just rely on one product to sustain the company forever; you balance your stable, cash-flowing lines with innovative new ventures. You must protect the foundation, but … Read more
There is a popular narrative in finance: “Individual investors cannot beat the market, so don’t even try.” For most, this is sound advice. If you treat the stock market like a casino—guessing, gambling, and chasing “hot tips”—you will lose. But as a business owner, I find that advice incomplete. If you are willing to do the hard … Read more
At 50 years old, the traditional narrative tells me that I should be preparing to slow down. I am told to protect my capital, reduce my risks, and watch the calendar until 67. But after running a company for the last decade, I don’t see age 50 as a “winding down” phase. I see the … Read more
We live in a world that respects the process of preparation. To become a lawyer, we spend years in classrooms and countless hours studying case law. To become a master carpenter or a skilled engineer, we dedicate years to apprenticeships and technical training. We understand, intuitively, that high-level outcomes require high-level preparation. We wouldn’t dream … Read more