Retirement

What To Do With All That Money

April 26, 2013

A lot of finance sites focus on getting out of debt or making more money.  However, what is seldom discussed is what to do if you actually have “too much” money.  That may sound absurd at first, but think about it.  Many people oversave and worry about running out of money so much during their [...]

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Extreme Early Retirement – Mainly a Myth Except for Hippies and Drifters

March 31, 2013

I was reading the other day about extreme early retirement (CNBC) where they profiled a few people who were retiring much younger than what you might consider even “early” retirement at 55 or so. In one case, it’s a 40 year-old retirement target – so sure, that counts as pretty extreme early retirement.  But I’m [...]

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Retirement Crisis Looming – And Other Links

March 19, 2013

The latest Retirement Confidence Survey is out and shocker – Americans are totally screwed.  Here are some key observations that should provide a wakeup call: Percentage of Americans confident about the ability to retire is at an all-time low. Many Americans are citing unrealistically high savings proportions (30% or more – who the heck really [...]

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“Expert Advice” on How Much Retirement Savings You Should Have At Your Age

February 17, 2013

There are a lot of articles and financial firms that give varying forms of advice on how much retirement savings you should have at a given age.  Recently, there was a report put out by Fidelity, a major 401(k) player outlining their advice in the table below.  We’ll take a look at their suggestions and [...]

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Dollar Cost Averaging: Actual Results From the Past 10 Years

January 29, 2013

Dollar cost averaging is one of the most popular and basic investing tips out there when it comes to basic theory and practice.  There are many positives, and a few negatives worth considering if you’re going to dollar cost average your investments rather than use a different method.  To put the real results into perspective [...]

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The #1 Thing You Need to Be Successful in Life (That Nobody Talks About)

November 11, 2012

The world abounds with experts purporting to hold the “secret” to success (yes, pun intended for that horrible video The Secret). The thing is, it’s often tied to a gimmick or some program they want you to buy. The reality is that there is one single behavior that I’ve found is instrumental in EVERY aspect [...]

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Can You Leave Your Kids Too Much Money?

October 21, 2012

Whitney Houston’s unexpected death has put a new subject into common financial discourse. She planned to leave her 19 year old daughter with $20 million. Houston’s mother and sister-in-law say that amount is simply too much; it won’t keep up with Houston’s “intent to provide long-term financial security and protection for her child.” At first, [...]

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The 401(k) is a Beautiful Thing So Stop Bashing It

September 17, 2012

After the so-called “lost decade” and the Financial crash of 2008-2009, many people derided the 401(k) as a scammy money-grubbing employer tool that leaves employees ill-prepared for retirement. A “201(k)” became the running joke due to the losses we saw a few years back (which have since been regained and then some). Over the years, [...]

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My Roth IRA: Beating the Market and a Look Under the Hood

August 8, 2012

I don’t do individual stock reviews and such these days since I’ve taken more of a passive/low-fee approach over the years compared to active stock-picking (hence my other site ETF Base which is focused solely on ETF investing and strategies). Anyway, what I set out to do years ago was to pick a basket of [...]

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Tax Savings from Trusts

July 3, 2012

In a previous article I went over the very basic overview of what a trust is, and why trusts are used in estate planning. Now let’s focus on something else: tax savings from a trust. Saving on Taxes with Trusts US citizens have an estate tax exemption just for living and breathing. This estate tax [...]

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