5 Reasons You Should NEVER, EVER Sell Your Pension

June 2, 2013

Over the past several years, we’ve seen every manner of “financial innovation” which ultimately led to hardship. We’ve seen the securitization of mortgage loans which helped fuel the housing boom/bust, we’ve seen reverse mortgages leaving many seniors and heirs in the dust and now, there’s a major move afoot to buy pensions from Americans. Sure, […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

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 […]

Read the full article →

“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 […]

Read the full article →

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 […]

Read the full article →