You may be tempted to do it – but do you really want to? While you might be able to borrow from a 401(k), that doesn’t mean you should. Yes, we are in a recession. Yes, times are tough. But borrowing from your 401(k) could prove...
Take steps so criminals won’t take vital information from you. America is enduring a data breach epidemic. As 2013 ended, the federal Bureau of Justice Statistics released its 2012 Victims of Identity Theft report. Its statistics were sobering. About one in 14 Americans aged 16 or...
What’s good for the economy isn’t necessarily good for our future. Our parents & grandparents saved much more than we do. Most people who have read up on the economy for any length of time have heard of the personal saving rate (PSAVERT), which the Commerce...
New economic & political concerns are putting stocks to the test. Dow drops again, analysts wonder. March 13 saw another triple-digit descent for the blue chips – the Dow Jones Industrial Average plummeted more than 230 points, the second market day in less than two weeks...
Patience & diversification matter in all manner of stock market climates. Stocks rise, fall ...
Your assets matter more than your age. Isn’t 65 the traditional retirement age? Perhaps, but baby boomers are modifying the definition of a traditional retirement (if not redefining it altogether). The Social Security Administration has subtly revised its definition of the traditional retirement age as well. If...
Certain financial & lifestyle choices may lead you toward a better future. Some retirees succeed at realizing the life they want, others don’t. Fate aside, it isn’t merely a matter of stock market performance or investment selection that makes the difference. There are certain dos and...
Read this if you want to preserve more of your nest egg & lower your tax bill. Location, location, location ...
1. I will not confuse entertainment with advice. I recognize that the financial media is in the entertainment business and their message can compromise my long-term focus and discipline which in turn serves as the catalyst to making poor investment decisions. 2. I will stop searching...
Here is what you need to know for 2014. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. *April 1 is the absolute deadline to take an initial IRA Required Mandatory Distribution (RMD). *April 15 is the deadline...