What does your commute really cost you?
I have a small tented notecard on my bedside table, next to my alarm clock. It looks sort of like a name card for a fancy dinner. On it I’ve printed two numbers with a slash between them: $2.60 /...
View ArticleUsing A Retirement Calculator To Meet Your Savings Goals
Planning for your retirement is a bit like going to the dentist. No one wants to do it, but it’s something that needs to be done. To that end, WE have a retirement calculator to help you track how much...
View ArticleHow Your Tax Bracket Impacts Your Investments
Taxes. You’re not getting around them, even when it comes to your retirement. Any comprehensive retirement planning strategy has to include a good, long look at taxes. Any good, long look at taxes has...
View ArticleMy and my 403(b)
I don’t have a 401(k). People who work for tax-exempt institutions get something else. It’s called a 403(b), which means that every time I read something about retirement funds, I have to automatically...
View ArticleAssessing Your 401(k)
Attracting top talent isn’t just about offering the most money. In an era where young people are more and more insecure about their retirement, it’s important to offer long-term forms of compensation....
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The Other 401(k) Benefit
You’re probably tired of the ‘bags of money’ parable. Do you know what I’m talking about? I’ve heard it dozens of times in financial podcasts, and I’ve probably read it a few dozen more. It goes like...
View ArticleBoomers, Recessions and the Myths of Retirement
Retirement, like the laundromat and the board game Monopoly, was an invention of the Great Depression. Jobs were scarce, and retirement was a way to free up jobs for younger people with children to...
View ArticleYour 401(k) Could Be A Rip-Off, But It May Not Matter
Have you heard? Your 401(k) could be a bad deal. Evidence is mounting that many 401(k) plans are overcharging their participants. A PBS Frontline special from 2013 lays out the argument particularly...
View ArticleThe Key Ratio You Need For Retirement
Sometimes I think investment advisors are setting us up to fail. I recently read a newsletter from one of the major investment advisement firms, and here’s the advice I took away from it: a person...
View ArticleThe Differences Between IRAs and 401(k)s
The 401(k) and the IRA are two of the most popular investment and retirement savings vehicles available. Although they share similar qualities, but 401(k)s and IRAs are actually two distinct products,...
View ArticleI’m Not Worried About Money, and That Worries Me
During dinner last week my wife said: “You know, I’m due in a month.” I wondered what she was getting at… “We haven’t even started her room yet,” she said. This was true. For our first daughter’s room,...
View ArticleNFL Players Must “Go Long” On Retirement
Sports Illustrated estimates that almost 80% of NFL Players are broke three years into retirement. How can such high-paying careers possibly end in bankruptcy? The NFL pays players the worst, on...
View ArticleSavvy Millennials Do This at the Start of Each Year
It was New Year’s Day and I woke up thirsty, headachy, trying not to think about the pile of dishes in the sink. My girlfriend and I held a New Years Eve party the night before, and we were both still...
View ArticleIRA Window Closing Fast
On April 15th, the window for prior year IRA contributions will close for good. Have you already maxed out your 2014 Traditional or Roth IRA with $5,500? (or $6,500 for those 50 and over.) Or, are you...
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