From the category archives:


Target Date Funds – Better Off Doing It Yourself?

A few years back, Target Date Funds were all the rage as a one-stop retirement account panacea.  After the market collapse of 2008-2009 took many of these “safe” investments down with everything else, people started questioning whether they were really doing the job as advertised.  Since you were trading off aggressive investments and higher returns […]

Read the full article →

Interesting Retirement Savings Hypothesis – Only the Last Few Year Matter?

This weekend, CNBC linked to a rather lengthy article summarizing an opinion that’s a bit interesting to contemplate, yet flawed in my opinion.  Here’s the source article, but I’ll summarize. The premise of the article is that it’s really the last few years of returns in your retirement savings that dictate your nest egg upon […]

Read the full article →

Calculating “Your Number”. Mine is $4.9 Million – Or Is It?

The blogosphere was all atwitter today on an ING tool that has you calculate “your number” – how much you’ll need the day you retire to live the lifestyle you desire with a given income, retirement date and life expectancy.  While I appreciate a bank telling you that you need to start saving more (a […]

Read the full article →

Is Long-Term Care Insurance Worth It?

My mom asked me about long term care insurance recently and I started to mull over the financials to see if it made sense or not.  We had some experience with other distant relatives that had to tap the insurance and in one case, they were surprised that they didn’t qualify when they thought they […]

Read the full article →

43% of Americans have less than $10k for Retirement, Seriously

I was shocked by the results of a recent survey outlining how almost half of Americans have virtually no savings, no retirement, nothing (Employee Benefit Research Institute’s annual Retirement Confidence Survey via CNN) .  Now, this excludes the value of real estate and pension promises, which is a major culprit I believe.  With the nanny […]

Read the full article →

How Does Society Value Additional Time for Your Dying Loved One?

There is an excellent article in this week’s BusinessWeek written by the widow of a man who fought a long and courageous battle with cancer.  What differentiated this article from other similar accounts is that the article stepped through a very detailed financial account of just how costly it is to sustain a terminal patient […]

Read the full article →

401K Loan Rules – Taxes, Interest, Pros and Cons

401k Loan Rules allow for easy access to retirement funds, but is that a good thing?  Many employees are unaware that they can take a loan from their 401k account for basically any personal need with very little hassle.  There are clear negative attributes to this route, but some situations may warrant considering this option, […]

Read the full article →

Abysmal Survey Results: Americans Don’t Understand Basic Financial Concepts

A recent financial literacy survey conducted by Financial Finesse, a finance eduction outfit, revealed some pretty alarming results – downright abysmal in fact.  It revealed what most of us probably suspected, but with specific numbers tied to it, the prospects don’t look good with regard to the financial literacy of everyday Americans.  According to the […]

Read the full article →

Family Money – Fairness vs. Favoritism in Gifting, Wills and More

Family Money is a sensitive topic to cover, but I think it’s critically important from both an estate planning standpoint and from the standpoint of personal relationships with family members.  Primarily, when it comes to things like wills, gifting, and financial assistance to family members (usually children) there are a complex array of considerations that […]

Read the full article →
Page 1 of 212