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Article Summary from MarketWatch- Opinion: Half of Americans over 55 may retire poor

By BH
Article Summary from MarketWatch- Opinion: Half of Americans over 55 may retire poorArticle Key Points:·Over half of Americans over 55 may retire in poverty·Poverty is defined as having to live on less than $20,000 a year.Reasons:·Loss of job due to COVID and an inability to get it back; many job losses are permanent·No employer contributions to 401K's·Inability to save due to the impacts of job loss and having to tap into savings to survive·Most vulnerable population are those who lose their jobs in their 50s, and unable to access Social Security or Medicare benefitsMitigation Strategies mentioned:·Create a six-month emergency fund·Make full contributions to 401K, even if you do not get a matchReferences:·Teresa Ghilarducci, expert on retirement, of The New School based in New YorkoFor additional information from your local library or Amazon; here are some of Ms Ghilarducci's books §https://amzn.to/3dpxLWP ; Rescuing Retirement: A Plan to Guarantee Retirement Secur…
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The Batman Effect and Alter Egos - A Self-Improvement Article Summary

By BH
The Batman Effect and Alter Egos - A Self-Improvement Article Summary
Article discusses the benefits of creating and leveraging alter-egos to get through self-limiting beliefs and self-defeating actions. This article is not only thinking about role models, but living through them. 
Alter-egos serve as mental models/heuristics to overcome deeply embedded emotional and psychological blockages undermining our way to personal achievement. You goal is to transform yourself into the higher achiever you want to be. Be your own superhero. 
The byproduct of this approach can mitigate stress/anxiety by keeping you focused on the strategic vision, self-control and objectivity.
Examples: 
- Batman - Pretending you have the inner strength, confidence, character, logic and creativity of Batman
- Jesus Christ - Pretending you are Jesus when interacting with human kind with compassion despite being treated poorly- maintaining the high ground
- Bodybuilder/Athlete - Focus eating healthy, taking care of your …
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Consistency is Power

By BH
Consistency is like water;
The impacts of one lone drop of water into the ground may disappear, but it resonates.
Over time, lots of drips equals puddles; puddles lead to rivers; rivers lead to oceans.
Performing a small act consistently leads to big impacts
A consistent investment of money, can lead to wealth
A consistent workout can lead to increased strength
Consistent study can lead to a degree
All this can lead to wealth and the generation of power and influence
We are what we consistently do, by our will, or by the will of others
Choose your path and be consistent
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