My latest MoneySense Retired Money column looks at the Iran conflict that erupted suddenly late in February: you can find the full column here: How Retirees should respond to the Iran Crisis.
On Tuesday, the day after Trump TACO’d over his threat to attack Iran’s oil infrastructure (a 5-day reprieve that calmed stock markets at least for the week ending March 27th) Findependence Hub ran a blog that collected input from 14 financial advisors and business owners based largely in the United States. Those sources were collected via a partnership with long-time contributor Featured.com, which works with Linked In to select input. You can find the resulting column here: Financial Experts and Business Owners on what if any moves Retirees should consider if Iran War drags on.
You can get the gist of the messages those experts sent by quickly scrolling down through an admittedly long blog and reading the subheadings highlighted in Blue in the original post. Below I append my favourites, some of which I flagged on social media. If you find the headline summaries intriguing, you’ll find the accompanying observations useful, if not actionable:
Avoid Knee-jerk Liquidation
This is more of a rebalance-and-defend moment than a reason to overhaul the portfolio
Put Capital Preservation over Aggressive Growth
Seek Robust diversification across asset classes and sectors
Rebalance toward defense, yes. Blow up your entire strategy? No.
Make sure existing Allocation is suitably Defensive and Liquid
Don’t over-rotate into a single ‘safe’ bet that can whipsaw when the narrative changes
Remain diversified enough to absorb uncertainty
Reduce volatile individual Growth Names but maintain Diversified Index Funds
Move from Sector Rotation to Structural Resilience
Canadian perspective, with CUSMA renewal looming
The MoneySense column focuses more on the Canadian situation, with input from Toronto-based advisors like John De Goey, Matthew Ardrey and Steve Lowrie, all of which should be familiar to readers of this site and the Retired Money column.
See also a recent blog on Stagflation penned by Dale Roberts of the Retirement Club and cutthecrap investing. Among his many suggestions, the most valuable may be his emphasis on maintaining an “All-Weather Portfolio” catering to all four possible economic quadrants: Inflationary Growth, Disinflationary Growth, Stagflation and Deflation/Recession. Continue Reading…
Since we last polled financial experts and business owners about the prospects for investing throughout 2026, the surprise war in Iran late in February has decidedly upset the apple cart.
These experts were gathered with the assistance of Featured.com, which has been supplying Findependence Hub with quality content for several years. It has changed its procedure so editors like myself can request input on particular topics we think will interest our readership. The sources are all on LinkedIn, as you can see by clicking on their profiles below.
Here’s how we posed the question about how retired or almost-retired clients might approach their portfolios in light of the Iran conflict:
What defensive strategies do you suggest for retirement-age clients concerned that the Iran war will drag on long enough to impact their nest eggs? Defensive ETFs, gold, utilities or what? Any major shift in Asset Allocation?
Below are the 14 responses that caught my attention, but so many were coming in that I wanted to publish this blog before events overtook the observations and recommendations. I am also doing a followup Retired Money column for MoneySense.ca that will likely run in the next week, which focuses more on Canadian input from domestic experts. This site will run a “throw” to that column once it appears.
The events of the past weekend (March 21 – March 22nd) are typical of the chaos and uncertainty that abound under a rogue American president. Typically, the weekend began with a threat to bomb Iran’s power plants if they didn’t re-open the Strait of Hormuz in 48 hours.
That likely ruined the weekend for many investors but also typical, just hours before U.S. markets opened Monday, Trump provided a 5-day reprieve, causing stocks to surge and oil to fall back to more acceptable prices. As this was everywhere online and in broadcast media yesterday, and will be the main topic in Tuesday’s papers, I won’t recap further, beyond this observation:
This is of course another instance of the so-called TACO Trade: for Trump Always Chickens Out. Unless of course the next time he doesn’t.
So on with our perspective from U.S. business owners and financial experts, keeping in mind that these were submitted before this weekend.
“Protect purchasing power and smooth volatility while still allowing the portfolio to grow over time.”
For retirement age clients worried that a prolonged conflict could affect markets, most advisors focus less on drastic changes and more on defensive diversification and income stability. The goal is protecting capital and reducing volatility rather than chasing returns.
Here are a few commonly recommended strategies:
1. Increase exposure to defensive sectors
Sectors that provide essential services tend to hold up better during geopolitical or economic stress. These include utilities, healthcare, and consumer staples because people still need electricity, medicine, and basic goods regardless of the economy. ETFs tracking these sectors are often used as defensive holdings since they tend to have lower volatility and consistent dividends.
2. Add a modest allocation to gold
Gold has historically acted as a “safe haven” during geopolitical crises and financial instability. Many retirement portfolio strategies suggest holding around 5 per cent to 15 per cent in gold or gold ETFs as a hedge against market stress, inflation, or currency risk.
3. Maintain or increase high-quality bonds
Government bonds and investment grade bonds often act as a buffer when equities become volatile. Defensive retirement strategies typically include high quality bonds and dividend paying assets to stabilize portfolio income and reduce drawdowns.
4. Use defensive ETFs rather than individual stocks
Broad ETFs that track utilities, healthcare, real estate, and gold are often used to diversify risk. For example, defensive portfolios sometimes include sector ETFs tied to utilities or healthcare alongside treasury and gold exposure to hedge against market shocks.
5. Avoid major asset allocation shifts driven by headlines
Even during geopolitical tension, most advisors caution against dramatic portfolio changes. The focus is usually on gradual rebalancing, ensuring the portfolio is aligned with the investor’s risk tolerance and time horizon rather than reacting to short term events.
Bottom line: For retirees concerned about geopolitical risk, the typical approach is not a complete overhaul but a defensive tilt:
Maintain diversified equity exposure
Add defensive sectors
Keep a strong bond allocation
Consider a modest gold position
Focus on income-producing assets
This kind of structure helps protect purchasing power and smooth volatility while still allowing the portfolio to grow over time. — Omer Malik, CEO, ORM Systems
“Avoid Knee-jerk Liquidation.”
As an attorney who has guided clients through Desert Storm, 9/11, and the Great Recession, I move immediately to suppress the urge to panic. War is tragic for humanity, but historically, the stock market treats it as a temporary injunction rather than a permanent dismissal. The worst financial crime you can commit right now is a “knee-jerk liquidation.”
Selling your entire portfolio because of a headline is how you turn a temporary paper loss into a permanent reduction in your standard of living. History shows that while markets jitter at the sound of cannons, they often rally once the uncertainty resolves. Therefore, we do not make major shifts in Asset Allocation based on fear; we make minor tactical adjustments based on risk management.
For defensive strategies, I advise a pivot toward the “Boring Sector.” This means Utilities (XLU) and Consumer Staples (XLP). Regardless of what happens in the Strait of Hormuz, people still need to turn on the lights, brush their teeth, and wash their clothes. These sectors are the “tenured professors” of the market: they aren’t exciting, but they have reliable cash flow and pay dividends that can cushion the blow of a downturn. They act as a legal defense against volatility.
Regarding Gold, view it not as an investment, but as a “geo-political insurance policy.” Allocating 5% to 10% to a gold ETF (like GLD) or physical bullion is prudent. It creates a “hedge” because gold often moves inversely to the dollar and panic. However, do not go “all in.” Gold generates no cash flow; it just sits there looking pretty. It is the airbag, not the engine.
Finally, consider the specific nature of this conflict: Energy. Iran is a major energy player. If the conflict drags on, oil prices will likely spike. Holding a diversified Energy ETF (XLE) acts as a natural hedge for your personal budget. If you are paying more at the gas pump, you might as well be earning dividends from the oil companies to offset the pain. Combine this with short-term US Treasuries (SGOV or SHV), which are currently paying around 5% risk-free. This is your “dry powder.” It keeps your capital safe and liquid, allowing you to sleep at night while the world argues. The verdict? Stay diversified, embrace the boring, and turn off the news. — Lyle Solomon, Principal Attorney, Oak View Law Group
If you are worried a prolonged Iran war could affect your nest egg, I recommend focusing on securing retirement income and preserving short-term assets rather than chasing tactical bets like gold or sector ETFs.
Use a bucket approach to hold stable, low-volatility assets to cover several years of withdrawals while keeping a growth allocation for longer-term needs. Shift the portion of your portfolio needed soon toward preservation and lower volatility investments as you enter retirement.
Strengthen diversified income sources such as Social Security, pensions, and annuity income to reduce sequence-of-return risk. Pay attention to asset location so taxable, tax-deferred, and tax-free accounts are positioned to minimize taxes when you withdraw.
Finally, adopt a flexible withdrawal plan with guardrails so spending can be adjusted if markets or geopolitics worsen, instead of making a major permanent allocation shift based on one event. — Clint Haynes, Financial Planner, NextGen Wealth
Put Capital Preservation over Aggressive Growth
For retirement-age investors, the current conflict in Iran highlights the importance of capital preservation over aggressive growth. A prudent approach involves making modest, 5-20% tactical shifts into defensive assets like gold and short-term Treasuries, which provide a necessary hedge against geopolitical spikes and energy-driven inflation.
By prioritizing liquidity and stability now, retirees can cushion their nest eggs against immediate market shocks without abandoning their long-term recovery potential.
On the equity side, focusing on “all-weather” sectors like Utilities, Healthcare, and Consumer Staples offers a way to maintain steady dividend income even during broader market downturns. While small, satellite positions in energy or defense ETFs can offset rising oil prices, the key is to avoid emotional overreactions to the headlines. Maintaining a diversified, high-quality portfolio ensures that your capital remains protected while you stay positioned to benefit when markets eventually normalize. — James Sahagian, Certified Financial Planner, Ramapo Wealth Advisors
Seek Robust diversification across asset classes and sectors
For retirement-age clients worried that a prolonged geopolitical conflict like the Iran war might impact their nest eggs, a defensive posture typically emphasises diversification and capital preservation over aggressive growth. One core idea is to balance a portfolio so that it can withstand volatility without forcing major asset reallocations in response to headlines. Robust diversification across asset classes and sectors remains a foundational strategy for resilience during geopolitical stress.
1. Safe-haven assets
Many investors look to traditional safe havens such as gold or gold-linked ETFs (e.g., IAU or GLD) because gold has historically served as a store of value and tends to have low correlation with equities during times of uncertainty. Allocating a modest percentage of a portfolio to gold or precious metals can act as an insurance policy against market drawdowns and inflationary pressures that often accompany geopolitical risk.
2. Fixed-income and cash equivalents
Holding high-quality bonds, short-duration Treasuries, or cash/money-market funds can preserve capital and provide liquidity, which is especially important for retirees who may need to draw income over time without selling equities at depressed prices. Treasury securities, particularly short-term ones, can serve as defensive assets when stock markets are volatile.
3. Defensive sectors and ETFs
Allocations to utility, consumer staples, and healthcare sectors — typically included in defensive ETFs — can provide relative stability because these industries supply essential goods and services regardless of economic cycles. These stocks often exhibit lower volatility than growth or cyclical sectors during stress periods.
4. Core & satellite approach
Rather than making a sweeping shift, many advisers recommend a “core-and-satellite” strategy where the core of a retirement portfolio remains broadly diversified in quality equities and bonds for long-term growth, while the satellite portion can include tactical defensive positions like precious metals or short-term fixed income to manage near-term risk. This allows retirees to maintain growth potential while tempering volatility. — Daria Turanska, Legal Manager, FasterDraft
Move from Sector Rotation to Structural Resilience
My perspective: Moving from Sector Rotation to Structural Resilience
From an institutional research perspective, navigating protracted geopolitical conflicts requires a fundamental shift in how we define a “defensive” strategy. For high-net-worth investors managing retirement portfolios exceeding $500,000, simply rotating out of tech and into utility ETFs or defensive equities often leaves the portfolio exposed to broader, systemic market shocks tied to global supply chain disruptions.
The Institutional Approach:
When analyzing how large-scale custody accounts prepare for sustained geopolitical volatility, the focus shifts from standard paper asset allocation to structural preservation: specifically, integrating non-correlated, tangible liquidity.
Historical data from protracted conflicts indicates that institutional capital heavily prioritizes sovereign wealth strategies, primarily through IRS-compliant physical precious metals. In a self-directed IRA or 401(k) rollover, physical gold doesn’t just act as a hedge; it serves as a structural firewall. It operates outside the traditional banking system and is immune to the counterparty risks that affect even the most “defensive” equities during wartime.
Rather than trying to time the market with sector-specific ETFs, our research framework suggests that true defensive posturing requires verifying liquidity and securing a baseline allocation in physical, universally recognized assets governed by transparent custodial fee structures. — Steve Maitland, Founder & Independent Research Analyst, Maitland Wealth
Flexible Deferred Annuities for Defensive Income Building
For retirement-age clients worried that a prolonged Iran conflict could harm their nest eggs, I suggest considering a Flexible Deferred Annuity as a defensive, income-building option. Many financial institutions offer variations with a chosen performance cap rate and segment buffers, plus timelines tied to segment types such as the S&P or Russell 2000 with defined ceiling and floor features.
Those elements can minimize the percentage risk for a loss in down years while limiting upside in stronger years, which can help stabilize near-term retirement income. This approach is not right for every investor, so review it with your financial advisor to see if it fits your timeline and income needs. — Ashley Kenny, Co-Founder, Heirloom Video Books
Reduce volatile individual Growth Names but maintain Diversified Index Funds
For older retirement-age clients who are concerned about over-extended geopolitical conflict, I propose a more cautiously defensive posture than drastic portfolio changes.
Allocate 5-10% to precious metals ETFs like GLD or IAU as hedge, and increase exposure on defensive sectors via utility ETF (XLU) which usually provide stable dividends during volatile periods. Consumer staples and healthcare exchange-traded funds (ETFs) can also provide stability as those sectors are needed no matter what wars are going on in the world.
Instead of drastic asset allocation changes that jolt long-term retirement strategies, slowly pare off holdings in more volatile growth names while keeping a kernel investment in diversified index funds: this way, you protect your retirement timeline and give yourself some wiggle room from a market that is near term-fuzzy at best. — Scott Brown, Founder, MintWit Continue Reading…
Image courtesy Outcome/Nick Youngson CC BY-SA 3.0 Pix4free.
There are times when all the world’s asleep
The questions run too deep
For such a simple man
Won’t you please, please tell me what we’ve learned?
I know it sounds absurd
Please tell me who I am
The Logical Song, by Supertramp
by Noah Solomon
Special to Financial Independence Hub
I’d Rather be Lucky than Smart
In my June 2024 newsletter, I discussed some common misconceptions about private investments. In particular, I analyzed their widely perceived benefits, both as a standalone asset class as well as within a broader portfolio context. Lastly, I discussed why it was likely that such investments would fall short of investor expectations on these fronts. Whereas I cannot say for certain whether I am smart or lucky, my prophecies have since come to bear.
This month, I will re-visit the driving forces underlying my past predictions. I will also take stock of where private markets currently stand with respect to these factors and related implications for the future.
The Magic Elixir: Who doesn’t Want a Free Lunch?
With respect to constructing optimal portfolios, modern portfolio theory dictates that, all else being equal:
Investments with higher expected returns should receive higher allocations than those with lower expected returns.
Investments with higher volatility should get lower allocations than those with lower volatility.
Investments with lower correlations to other asset classes which can lower overall portfolio volatility should receive larger allocations than their more correlated counterparts.
Less liquid assets should be penalized for this shortcoming via lower allocations than more liquid investments.
Until recently, private assets had delivered exceptionally strong returns. Both private equity (PE) and private debt (PD) funds had far outperformed their publicly traded brethren. Another advantage of private over public investments that has become widely accepted is their relatively low volatility. Even better, just when it seemed that private investments couldn’t look more promising, they became widely viewed as offering investors yet another “sweetener” – low correlation to traditional stock and bond portfolios and a related capacity to smooth out overall portfolio volatility.
What rational investor wouldn’t want to load up on assets imbued with the holy trifecta of high returns, low volatility, and low correlation to stocks and bonds? As this alleged free lunch became increasingly accepted, it served as a lightning rod for new and/or higher allocations from endowments, pension funds, family offices, ultra high net worth investors, etc. And thus began the great stampede of capital into private markets. PE assets under management grew from roughly $1 trillion in 2010 to over $4 trillion by the end 2024. The private debt market has also grown at a parabolic rate, with assets under management jumping from $250 billion in 2010 to approximately $1.4 trillion today.
Everything has a Price, Including Illiquidity
All else being equal, illiquidity is a bad thing for which investors should be compensated. In theory, private assets can make investors whole for this drawback with higher returns, low volatility, or low correlation to other assets. The trillion-dollar question is whether private holdings actually possess these qualities, and if so, do they offer them in sufficient magnitudes to compensate investors for tying up their capital.
Higher Returns? Don’t Bet on it
You cannot change the inexorable forces of supply and demand. When a small amount of money finds a previously underexplored market that is replete with attractive investment opportunities, it is relatively easy to deliver excellent returns. However, when trillions of dollars chase the same strategy, it becomes increasingly difficult to do so.
When an asset class becomes widely popular, it ultimately becomes a victim of its own success, which is congruent with Buffett’s observation that “What the wise do in the beginning, fools do in the end.” Continue Reading…
By Dale Roberts, Retirement Club/Cutthecrapinvesting
Special to Financial Independence Hub
It has been more than two weeks since the U.S. attacked Iran. And while the U.S. was quick to knock out much of Iran’s traditional military capability, Iran has turned to asymmetric war and has also weaponized oil, fertilizers and other materials that pass through the Hormuz Strait. With threats and some strategic attacks on shipping, Iran has essentially closed the Hormuz Strait. About 20-25% of the world’s oil and a third of the world’s fertilizer needs flow through the Strait. We now face a potential energy shock and there are rumblings that we might experience a period of stagflation. In the 1970s an energy crisis created the conditions for stagflation. How do we defend against stagflation?
As always, the following is not advice.
First off, and as always, no one knows what will happen. No one knows how this war will proceed and what it will mean for investment assets and the economies of the world. Trump could announce today that he’s packing up and heading home or this could continue for years. That said, history does teach us how assets react. History teaches us how to hedge most any threat.
What is Stagflation?
Stagflation happens when several factors combine to create an especially difficult economic environment. To get stagflation, three things must occur together:
Slow economic growth
High inflation
A high unemployment rate
Stagflation is an economic double-whammy where stagnant growth and high unemployment collide with rising inflation. This rare, painful cycle is difficult to fix because traditional policies to lower inflation often worsen unemployment, and vice versa.
Market strategists have been quick to point out that rarely do conflicts have any long-lasting impact on stock prices. In 20 major episodes since the Second World War compiled by analysts at RBC Wealth Management, the S&P 500 index fell by an average of just 6 per cent.
The outliers in that list, however, involve major oil market disruptions, like the Arab oil embargo in 1973 and the Iraqi invasion of Kuwait in 1990. We had more significant drawdowns.
It has been the most common message on this blog: get an investment plan and stick to it like glue. Here’s the full graphic that was shared at Retirement Club (and on X (Twitter).
War is something we can ignore like every other risk, when we have our stock-solid investment plan and retirement plan.
The 4 economic scenarios
The economy can shift along two axes:
Economic growth (rising or falling)
Inflation (rising or falling)
Combining them gives four possible economic scenarios:
1. Inflationary Growth
Growth ↑ + Inflation ↑
Economy expanding strongly
Demand pushes prices higher
Often occurs during late expansions
Assets that tend to do well
Commodities
Real estate
Some stocks
Example period: parts of the global economy during the early 2000’s commodity boom.
2. Disinflationary Growth
Growth ↑ + Inflation ↓
Economy grows but inflation stays low or falls
Considered the best environment for stocks
Assets that tend to do well
Stocks
Growth companies
Corporate credit
Bond market
Example: much of the period after the Global Financial Crisis recovery.
3. Stagflation
Growth ↓ + Inflation ↑
Economy slows but prices keep rising
Very difficult for policymakers
Assets that tend to do well
Commodities
Gold
Inflation-protected assets
Oil and gas stocks
Classic example: the 1970’s Oil Crisis.
4. Deflation / Recession
Growth ↓ + Inflation ↓
Demand collapses
Prices and wages fall
Debt burdens become heavier
Assets that tend to do well
Government bonds
Cash
Defensive assets
Example: the Great Depression and recessions
Fortunately we are almost always in scenario 2 and some of scenario 1. High inflation and stagflation is rare. Deflation or a Depression is rare and market recessions shown in scenario 4 is why many will embrace bonds and cash to create a balanced portfolio that is lower risk. Continue Reading…
I’ve had many of you ask how I spend my time in retirement, and when I realized I spend only 0.23% of my time managing our money, it made me ask myself the same question.
What do I do with all of my time now that I’m retired?
Today, I’ll answer that question.
As a bonus, I’ve made a “Before vs. After” comparison, showing how my time allocation has changed since retirement. It’s an interesting look at what areas have replaced the time previously consumed by commuting and work. This one’s for you, Chuck (hey, you’ve read every one of my articles, you deserve an answer. Thank you for your loyalty!)
It’s the first time I’ve taken on this task, and it’s been enlightening.
I trust you’ll find it of interest …
How I spend my Time in Retirement
Time is an interesting concept in retirement.
The loss of the structure previously imposed by paid work adds a new element to the consumption of time. Whereas a large chunk of my time was once consumed by work and commuting, today it’s entirely available to use as I choose.
24 hours a day. 7 days a week.
(If you’re curious, that’s 8,760 hours per year. Actually, it’s 8,760 hours even if you’re not curious. Wink.)
That’s imposing to a lot of pre-retirees, as well it should be. I encourage any of you who’ve not yet crossed The Starting Line to spend some of your precious time thinking about how you’re going to use it when you get to “the other side”. It’s an important question, and one of the most important you need to ponder to ensure a smooth transition into retirement.
With that as my introduction, here’s how I spend my time in retirement…
How I spend my Time (“Awake Time”)
For the sake of simplicity, I’m omitting sleep from the pie chart above. For the record, I’ll touch on sleep first, then get into how I spend my “Awake Time”.
Sleep – 2,920 Hours/Year (33% of Total Time)
On average, I sleep about 8 hours/night. I typically go to bed ~10:00 pm, and wake between 6:00 – 7:00 am. Assuming my math is correct, that means I sleep 2,920 hours/year, an increase of 365 hours versus my working years. For you math geniuses out there, that equates to 1 hour of additional sleep per night since I’ve retired. Yep, that seems about right.
Now let’s get on to the fun stuff, which consumes the remaining 67% of “Awake Time” in a year. For consistency, I’ll present these in the same order as shown in the pie chart above, starting with exercise.
Swimming for exercise in nearby Lake Blue Ridge
Exercise – 858 Hours/Year (15% of “Awake Time”)
I like a bit of structure to start my day and every Mon/Wed/Fri that means arriving at the gym by 7:15 for Spin Class. I love Spin, and I know I’ll be much more consistent with my exercise if I have a scheduled class to hold me accountable. Following Spin, I take a Cross-Fit class, which focuses more on interval and weight training. Combining the two makes a great start to the day, and I’m ready to take on the world when I return home shortly after 9:00 am.
In addition to the structured classes at the gym, I walk our dogs for 1 – 1.5 hours every day. We have a scenic 1.3-mile loop in the woods behind our cabin, and I typically walk it twice a day. When the weather is nice, I’ll throw in a weekly swim, or a mountain bike ride, or a hike. If we’re spending time at our condo in Alabama, I’ll add some morning runs to my routine. I like to mix it up, but always make exercise part of the structured component to my day.
Meals – 548 Hours/Year (9% of “Awake Time”)
My wife and I make it a routine to have lunch and dinner together. Breakfast is a more haphazard affair, typically a quick bowl of cereal before I head to the gym, or a more leisurely time with several cups of coffee on a “non-gym” day. Assuming ~1.5 hours/day for all meals combined, I spend 548 hours/year eating.
Family time with my granddaughter = Priceless.
Family – 1,152 Hours/Year (13% of “Awake Time”)
I spend 850 hours more time with my family each year now that I’m retired than I did when I was working. The vast majority of that increase comes from a lifestyle decision we made when we Purchased a Second Home in Retirementshortly after our daughter moved from the Pacific Northwest to Southern Alabama. As mentioned in that post, we’re now spending a week every month in our Alabama condo, with our primary focus being quality time with our daughter and 3-year-old granddaughter. We wouldn’t trade that time for anything, and consider it one of the greatest joys in our current retirement lifestyle.
Entertainment – 802 Hours/Year (14% of “Awake Time”)
According to FitBit, I’ve averaged 13,330 steps over the past month, only falling below 10k steps twice in that timeframe. In writing this post, I also discovered that I’ve walked 4,478,654 steps (1,989 miles) in the past year, an average of 12.3k per day. Bottom Line: I don’t sit around much during the day…
After my typically busy day in retirement, I have no problem admitting that I like to take it easy in the evenings. Every night after dinner, my wife and I like to “chill out” in front of the TV with our dogs in our laps. We’ve earned that right, and I make no apologies in announcing to the world that I spend the majority of my “9% Entertainment Time” watching Netflix, the news, documentaries, etc. We also seldom miss an Atlanta Braves game and enjoyed watching “our Braves” win the World Series this year! We also go out with friends more frequently now that we’re retired, and that’s included in the number. Continue Reading…
Posted By 
Posted By 
