Since the end of 2009, the most common question I get is any variation of the following: “I think the market is too high. Should I wait until it comes down before adding money to my retirement plan?” Actually, this is the most common questi…
You’re in your office and your human resources manager approaches you with a form that you need to fill out for the upcoming year with respect to the amount of your salary you want deducted from your paycheck for your 401(k) contributions. The fo…
94%. NINETY-FOUR PERCENT!! Pardon the exclamation points and the capitalization, but the number is so staggering it deserves them. If I had a way to make it flash in bright yellow neon letters to show how mind boggling it is, I would. That number repre…
I’ve been asked recently by someone if he should borrow from his 401(k) to fund the down payment of a new home. He had been given a myriad of different answers from people at work and finally came to me to hear the inevitable advice he was …
Over dinner a few weeks ago, a friend of mine announced to no one in particular that he had no intentions of working past 65. Since we’re the same age, I was shocked at his confidence in his current financial situation to make such a proclamation…
Derek Amey has some tips on reducing financial clutter and simplifying your path to retirement!
It seems like winter has dragged on forever around these parts, but I started to pull out the shorts and golf shirts from storage this weekend. More than o…
Much has been written about an impending bear market in bonds. Interest rates are expected to rise in the future and that could mean a decline in the value of your bond holdings and added risk to your portfolio. Forewarned is forearmed. Right? Well, no…
As someone born in 1975, smack in the middle of Generation X, I meet more and more folks my age suddenly trying to tackle financial planning topics. I get asked about strategies to pay down debt, choosing life insurance, college funding for their child…
A few years ago my older sister asked me “Do we have to worry about supporting Mom & Dad in retirement?” I remember laughing it off at first, but then the financial advisor in me became scared. I was worried because, at the time, …
