Lori and I have our two children, Chuck and Jordan. As any parent, who raised their children in a responsible way, we thought our kids would take care of us to some degree in our later years.
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined.
I recently read a Bloomberg article called “Mom and Pop Sit Out Rally, With Stock Exposure at Six-Year Low.”
When it comes to teaching kids about money, the best piece of advice I can give is… the sooner the better.
Saving in your 401K can be an easy and painless way to build your retirement savings. Because it’s so easy and painless, it can also be ignored for long periods of time, which often leads to mistakes like…
Knowing whether or not to accepts a company buyout is tough. There are so many variables to take into consideration, with the biggest being if you take the buyout, can you stay retired without the fear of ever running out of money?
The mutual fund industry has a nice image of low fees and good returns, but what will you find when you look deep inside the mutual funds books?
Since much of the country has recently spent a lot of time watching the Weather Channel and getting a refresher on how hurricanes work, it’s the perfect opportunity to see what we can learn about retirement planning from a discussion about hurricanes…
You’re about to receive a distribution from your 401(k) plan, and you’re considering a rollover to a traditional IRA. While these transactions are normally straightforward and trouble-free, there are some pitfalls you’ll want to avoid.
Having met with thousands of individuals during the 25 plus years of my career, I have noticed most people tend to make similar mistakes.