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If you’ve spent any time researching financial advisors, you’ve probably come across the word “fiduciary.” It’s often presented as a badge of honor, but many people are left wondering what it actually means in practice. Does it mean an advisor is more trustworthy? Does it change the advice you receive? And should it be one of the deciding factors when choosing who to work with? The short answer is yes—it matters. But understanding why it […]

“Workers are quite confident in their capabilities despite technological changes and the economic uncertainty that’s been permeating,” James Atkinson, vice president of thought leadership at SHRM, told Yahoo Finance.

July 29, 2026 – I’ve written several posts in the “How to Lie with Personal Finance” series, all dealing with common misconceptions and, well, sometimes outright lies in the personal finance world: General Personal Finance Lies, Homeownership Lies, and Diversfiction Lies. Today I collected a set of lies for another interesting topic. Recently, I’ve heard and read a lot about an ostensibly innovative asset allocation strategy, Risk Parity, and its advantages, especially for retirees. Among […]

What’s top of my mind: Having a rest. It’s been almost 3 weeks since I got home from the South America trip. Man, I was tired. There were 16 flights, 4 countries, and it was often at a pretty fast clip. I also needed a little blogging break. It was a big trip to have […] The post Wednesday W’s #138. appeared first on Burning Desire For FIRE.

For most retirees, the best part about retirement is not needing to report to work five days per week. Because, ideally, you’ve reached a point…

My stepdad died last month. My mom’s been in and out of the hospital since then (broken heart?). As a former engineer, I have a mindset to observe and then improve things. It’s just how my brain works. I’ve been observing all the decisions they’ve made over the decades (good and bad). I’ve also been studying how other folks have been living their lives and the results that follow. It’s something I’ve been curious about […]

It’s that time of the month again; time to get a new budget ready! Here are just a few you might need to include in your August budget. The post EIGHT EXPENSES TO INCLUDE IN YOUR AUGUST BUDGET appeared first on a life on a dime.

None of us like to think about our own or our loved ones’ mortality, but ignoring that eventuality will not make a stressful situation any easier. When a family member dies, it’s important for you to know what responsibilities you might be facing. Here’s a breakdown of what you can expect if a family member dies and leaves debts behind: Paying From the Estate After a death, the executor of the deceased’s will is responsible […]

Imagine you’re on vacation. The weather is perfect. The resort is beautiful. Someone offers you complimentary breakfast, a free excursion, … More

Nan Ransohoff (Head of Public Goods at Stripe) recently published a sharp piece on what she calls the third wave of American philanthropy: the tidal change coming as AI wealth becomes liquid and a generation of founders gives it away. It’s a generous, clear-eyed essay about a real institutional mismatch: an enormous new pool of capital is forming, but the systems built to turn that capital into lasting public good have not caught up. Nan’s […]

It’s no secret that individuals with college degrees tend to earn more than their peers without college degrees. But sometimes you don’t even need a…

July 27, 2026 – Welcome back to a new part of my Safe Withdrawal Rate Series. In my 10-year quest to study safe withdrawal strategies and find ways to hedge or at least alleviate Sequence of Return Risk, I’ve come across a lot of purported “solutions.” Some actually work to at least some degree. For example, a reverse glidepath can improve outcomes. Momentum strategies look promising. But most proposed solutions to Sequence Risk are ineffective […]

I’ve spent more late nights than I’d like to admit hunched over credit card and bank statements, trying to figure out where my money actually went that month. You know the drill. You open your banking or finance app, then your credit card app, then maybe a brokerage app, and by the time you’ve pieced together the full picture you’ve lost the will to actually do anything about it. Everything is technically there, it’s just […]