Retirement Income Puzzle

What Do People Have Against Retirement Income?

Over the past few years, economists have expended a lot of time and energy attempting to explain what they call ” the annuity puzzle.” The puzzle is this: A guaranteed lifetime income is a valuable thing (especially if it comes with regular cost-of-living adjustments), and people who receive one through a traditional state or corporate pension are generally very happy with it.

Benjamin Franklin’s 13 Virtues

I have been helping my 2 year old Daughter memorize the 13 Virtues this evening, we are up to number 5 – Frugality, we thought we would share…

thirteenvirtues.com

“I propos’d to myself, for the sake of clearness, to use rather more names, with fewer ideas annex’d to each, than a few names with more ideas; and I included under thirteen names of virtues all that at that time occurr’d to me as necessary or desirable, and annexed to each a short precept, which fully express’d the extent I gave to its meaning.”