The other Deepak Chopra is a busy man…
Early last month we footnoted about the other Deepak Chopra — chairman and chief executive of OSI Systems (OSIS), maker of airport X-ray machines and medical devices, not the doctor and self-help entrepreneur – and how he stood to collect $12.5 million in return for staying employed for eight more years. Now he’s back on our...
Debunking Myths
A contributor at Seeking Alpha who goes by the handle Regarded Solutions wrote a post about a month ago that sets out to debunk 10 retirement lies. Per the bio page Regarded Solutions is retired, there is no mention of gender and because of the liberal...
The ever-moving goalpost of retirement
Are we ever going to be able to retire?It’s a question many ponder…Defined benefit pension schemes are dead, the population is aging, and healthcare costs are rising....
$2 Million?
The other day a reader left the following comment;I read a lot and figure someone needs $2M to really have a good shot at living well and retiring with few worries. Roger your thoughts?The reader also shared that he is 58 with the implication that he i...
Retirement Attitudes
Last night during the NIT game between UMass and the Drexel Dragons there was a John Hancock commercial that showed the same scenario playing out simultaneously in the bedroom of many boomer aged couples (clean it up, this is a G-rated post) where the ...
Revisiting IBM’s Palmisano equation…
Back in October, when International Business Machines (IBM) announced that Samuel Palmisano would step down as chief executive but remain chairman, we footnoted the enormous exit package he was eligible to collect pretty much any time he wanted. Because of the timing, we were forced to use months-old data. But yesterday, IBM filed its latest...
HELOCs to pay for gas?
A friend shared this picture on Facebook and I got a nice chuckle from it. Chances are everyone has made similar jokes about getting loans for certain day to day items but still it is pretty funny.It also reminds us that no matter how much planning we ...
The Big Picture for the Week of March 11, 2012
A round up of a few things from the blog this week;A reader left a useful comment on the Seeking Alpha version of my post Working With Your Retirement Number. It was a lengthy comment that included four of his rules including this; 3. Do not focus on a...
A champagne retirement on a McDonald’s career…
First, let us stress that we have seen no indications that James A. Skinner, vice-chairman and chief executive of McDonald’s (MCD), plans to step down any time soon. In fact, quite the contrary, judging from the hagiography that Fortune recently published, and a suggestion in The New York Times a couple years ago that one...
Trying To Work With Your Retirement Number
Doug Carey had post at Seeking Alpha titled How Much Do You Really Need To Retire? The article crunches some numbers for a 40 year old couple with $200,000 already saved, assumes $5000 of annual savings but with no mention of salary or expected salary ...
MarketWatch Says Retirement is Endangered
Robert Powell from MarketWatch posted a reasonably thorough assessment as to why retirement in the US is "endangered" with topics ranging from Social Security not being able to meet its obligation to why various demographic segments should expect a hig...
