Financially Fit After 40

All I Want for Christmas…

December 24, 2009

I still have my two front teeth (although the same can’t be said for my youngest…), so here’s my Financial Wish List for Santa this year:

1. The stock market to go up by 10% in 2010. 

 Bernie Madoff made 10% into a dirty word, but the reality is, if the market went up just 10%, it would outperform 99% of financial advisors’  projections for retirement, college and everything in between.

2. College costs to mirror inflation,

not some crazy Jimmy Carterish 80′s big hairdo double-digit increase.  We are so over the 80′s, despite some fashionistas, so it would be nice if the colleges kept up with the low-inflation times, baby.

3. Elimination of all income tax. 

 Hey, I can wish can’t I?

4. Simple insurance products.

  All those riders need to make like Roy Rogers and ride away into the sunset, never to be seen again.  Dale Evans might be sad, but the rest of us would be a lot happier.

5. A new phrase  for “retirement” – and it’s not “still working”

It’s hard to do retirement projections when you spend all your time trying to define retirement.

And one more: health, happiness and a tennis win or two.  They all help keep costs down around my household.

Entry Filed under: Basic Financial Planning. .