Its not that amazing really, but this morning when I went to get my morning coffee at Dunkin' Donuts™, the clerk sold it to me for .51 cents. I was amazed and I wanted to throw it out there to anyone else in the Boston/Dowtown Crossing Area. It was the Dunkin' Donuts next to the Capital Crossing Bank. The guy actually rang it in to the register, so he might have miskeyed, or they might have mispriced it for .51 instead of say 1.51. Either way, it was good stuff.
This morning I've watched an interesting video on Consuelo Mack: WealthTrack. Here, Consuelo's guest, a longtime contributor, Christine Benz, a personal finance expert from Morningstar joined Consuelo for a discussion on issues related to retirement, in particular in the current market environments. This conversation is even more interesting against the backdrop of The Great Resignation. I found Christine's advice to be particularly interesting on a couple of fronts. Her advice in dealing with talking about retirement in general, in particular for people who are in the process of thinking about retiring early gave me pause. She is considering the traditional advice of a 4 percent withdrawal rate to be dangerous and indeed, actually concerning. According to the recent research she cites, a 3% withdrawal rate is a better option. Even more than the four percent rule, I think that her comments on annuities are particularly interesting. While annuities have been given a bad nam
Comments