Retirement

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  • Investment Sense – Feb 2015 – Diverging Returns

    Sensible Money - Scottsdale Financial Advisors
    Dana Anspach
    3 Feb 2015 | 7:32 am
    Index Returns Through 12-31-14 This month we want to provide a quick snapshot of 2014 results and talk about how things are shaping up as we begin 2015. Diverging Returns In 2014, while U.S. equity returns were high relative to those of other regional markets, returns within various U.S. market segments diverged. U.S. large cap stocks significantly outperformed small cap stocks. In addition, for the third year in a row the U.S. large cap market avoided a 10% market correction (which historically on average occurs about every 8 months). This unbroken streak of positive U.S. large cap…
  • The Key to Retirement Success – Online Class – Q&A

    Sensible Money - Scottsdale Financial Advisors
    Dana Anspach
    21 Oct 2014 | 3:53 pm
    Key to Retirement Success – Recorded Video Class Sensible Money’s founder and MoneyOver55 Expert Dana Anspach hosted a live online retirement class in October. You can view the recorded version on YouTube at Key to Retirement Success. Below are a collection of questions that were asked by attendees. Dana has provide a written answer to each question and when applicable provided links to additional articles and resources. Questions and Answers Question: My question is what is the best way to cover the “gap” if you retire early before you are eligible for access to…
  • 3 Things Every Plan Committee Member Should Know

    Data "Points"
    20 Feb 2015 | 5:44 am
    Plan investment committee members come in all shapes and sizes, sometimes drawn exclusively from staff of the employer sponsoring the plan, sometimes not. More importantly, they are frequently tapped for this important role for reasons that may have little to do with their background or expertise in the matters that will come before the committee.Now, with luck they’ll learn early on about the requirement to act solely in the interests of plan participants and beneficiaries, the importance of process (and documenting that process) and the implications of the prudent expert rule. But as…
  • Mark and Lou Redrick…”Nothing Could be Finer than to be in Carolina”!

    Brunswick Plantation Living
    Bev
    26 Feb 2015 | 1:05 pm
    Brunswick Plantation and Golf Resort ® in Calabash, N.C. and minutes from Little River & N. Myrtle Beach, S.C. is Truly the Two State Solution to Fun! Mark and Lou Redrick moved to this lovely, gated golf community in 2005 … Continue reading → The post Mark and Lou Redrick…”Nothing Could be Finer than to be in Carolina”! appeared first on Brunswick Plantation Living.
  • Top court considers 401(k) fees

    Bankrate.com » Retirement
    Jennie Phipps
    25 Feb 2015 | 10:17 am
    The U.S. Supreme Court heard arguments in a case that could have broad implications for employees whose employers ignore high fees.
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    Data "Points"

  • 3 Things Every Plan Committee Member Should Know

    20 Feb 2015 | 5:44 am
    Plan investment committee members come in all shapes and sizes, sometimes drawn exclusively from staff of the employer sponsoring the plan, sometimes not. More importantly, they are frequently tapped for this important role for reasons that may have little to do with their background or expertise in the matters that will come before the committee.Now, with luck they’ll learn early on about the requirement to act solely in the interests of plan participants and beneficiaries, the importance of process (and documenting that process) and the implications of the prudent expert rule. But as…
  • The Impact of Assumptions on the Impact of Leakage

    13 Feb 2015 | 3:53 pm
    It has become something of an article of faith in our industry that “leakage,” the distribution of money from retirement accounts prior to retirement, is bad.Bad, of course, in the sense that those “premature” withdrawals, via hardship withdrawals, loans or the so-called “deemed distributions” that result when a termination occurs when a loan is outstanding, reduce individual retirement savings. So when the Center for Retirement Research at Boston College published a paper last week entitled “The Impact of Leakages on 401(k)/IRA Assets,” it really wasn’t a question of…
  • A Deja View on Retirement Policy?

    6 Feb 2015 | 3:44 pm
    One of my favorite movies — and perhaps my favorite “holiday” move — is Groundhog Day, the 1993 film starring Bill Murray as an arrogant weatherman who finds himself stuck in Punxsutawney, Penn. by a blizzard, who then discovers that he is also “stuck” reliving February 2 — over and over and over. A feeling, quite literally, of “déjà vu all over again.”Murray’s character goes through some semblance of the five stages of grief (denial, anger, bargaining, depression and acceptance) as he comes to terms with his predicament, but even as he tries to break out of this cycle,…
  • Stocks Swayed by the Super Bowl?

    30 Jan 2015 | 6:09 am
    Will your portfolio soar with the Seahawks, or get pummeled by the Patriots?That’s what adherents of the so-called Super Bowl Theory would likely predict. The Super Bowl Theory holds that when a team from the old National Football League wins the Super Bowl, the S&P 500 will rise, whereas when a team from the old American Football League prevails, stock prices will fall. It’s a “theory” that has been found to be correct nearly 80% of the time; for 38 of the 48 Super Bowls, in fact.It certainly “worked” in 2014, when these same Seattle Seahawks bumped the Broncos, a legacy AFL…
  • Third Time a Charm for Fiduciary Reproposal?

    24 Jan 2015 | 6:32 am
    So, advisors, how does it feel to be compared to a termite?That’s right, a powerful coalition of retirement, union, and so-called consumer protection groups has launched a new attack on retirement plan advisors.They’re doing so ahead of the president’s State of the Union address, and doing so now because he is expected to throw his support behind the Department of Labor’s fiduciary rule (re)proposal. Yes, that one.Not that they yet know what they are supporting. In a new website launched to help promote their position, even they say “If the Department gets the rule right…”,…
 
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    Sensible Money - Scottsdale Financial Advisors

  • Investment Sense – Feb 2015 – Diverging Returns

    Dana Anspach
    3 Feb 2015 | 7:32 am
    Index Returns Through 12-31-14 This month we want to provide a quick snapshot of 2014 results and talk about how things are shaping up as we begin 2015. Diverging Returns In 2014, while U.S. equity returns were high relative to those of other regional markets, returns within various U.S. market segments diverged. U.S. large cap stocks significantly outperformed small cap stocks. In addition, for the third year in a row the U.S. large cap market avoided a 10% market correction (which historically on average occurs about every 8 months). This unbroken streak of positive U.S. large cap…
  • Investment Sense – 2014 Year-End Edition

    Dana Anspach
    3 Dec 2014 | 11:33 am
    Different parts of “the market” do not always deliver the same results. To share our approach on portfolios and the current investment climate, we thought we’d present this edition of Investment Sense in a Question & Answer format, reflecting some of the questions our clients have asked recently. Q. I have not been watching our accounts real closely but I did notice something that seems very strange to me. In early September the DOW was around 17300. Later in September and October the DOW dropped to about 16000 and the account dropped accordingly. Today the Dow is at 17800…
  • The Key to Retirement Success – Online Class – Q&A

    Dana Anspach
    21 Oct 2014 | 3:53 pm
    Key to Retirement Success – Recorded Video Class Sensible Money’s founder and MoneyOver55 Expert Dana Anspach hosted a live online retirement class in October. You can view the recorded version on YouTube at Key to Retirement Success. Below are a collection of questions that were asked by attendees. Dana has provide a written answer to each question and when applicable provided links to additional articles and resources. Questions and Answers Question: My question is what is the best way to cover the “gap” if you retire early before you are eligible for access to…
  • March’s Online Class: Retirement Risks for Women

    Dana Anspach
    10 Oct 2014 | 6:42 pm
    November’s Class: The Secret to Finding the Perfect Investment – Click pic above to register. In March’s free online retirement class we’re going to take a look at retirement risks for women – and how those differ somewhat from retirement risks for men. This is an ideal class for all women – and for men who want to make sure their female loved ones have a secure retirement. This class will be live, taught by Dana Anspach and Kathy Mealey. It will run about one hour followed by questions and answers. Once you are registered, you’ll have the opportunity…
  • How to Put the Meaning into Retirement

    Dana Anspach
    22 Sep 2014 | 1:34 pm
    FreeDigitalPhotos.net You have a unique opportunity in retirement. A large portion of your time is no longer needed to sustain yourself. You have true financial independence and the possibility of using your time to contribute to anything you want – whatever matters the most to you. Given that, if there was one thing and only one thing I could get you to do as you transitioned to retirement, what do you think it would be? Most of you are probably smiling thinking “She’s going to say we need to get a financial plan.” Nope, that’s not it. The one thing I would want every near…
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    FutureAdvisor Blog

  • It’s Tax Season: Do These 3 Things to Save Money This Year

    Robert Shaye
    24 Feb 2015 | 3:26 pm
    Even if you’ve already filed your taxes, now is a great time to think about what you can do to reduce your annual tax liability.  While smart tax planning happens year round, here are three things you can do right now to save money: Maximize your tax shelters One of the best ways to reduce your annual tax liability is to maximize your tax shelters. This means maxing out your IRA and 401k (especially if you get matching contributions) and then saving additional retirement dollars in a taxable account.  Sadly many Americans make the mistake of not maximizing their tax shelters and as a…
  • Our Algorithms Are Better — Here’s How

    futureadvisor
    13 Feb 2015 | 6:33 pm
    FutureAdvisor’s algorithms and recommendations have been helping customers do some great things over the past several years. Our 250,000 clients have seen firsthand our ability to find opportunities to keep savings in their portfolios. As just one example: the average FutureAdvisor Premium customer with a taxable account saved $600 in taxes in December alone through our powerful tax-loss harvesting capabilities. For many investors, these savings cover the cost of our premium service for an entire year. We’re still pushing to improve. Our engineers are making some smart updates to our…
  • I Was a Wealth Manager, and I Cashed Out During the Crash

    futureadvisor
    27 Jan 2015 | 11:58 am
    Don’t time it. After almost a decade working in wealth management firms and large banks, I’ve come to understand this simple fact: unless you’re a standup comedian, you probably don’t have timing down. I started my career in 2004 — heady days — researching on contract for investment teams while I was still an undergrad. After college, I moved into wealth management. Investors were chasing equities like six-year-olds go after Halloween candy. Diversification was just another word for missing out. During the panic of late 2008 and early 2009, my clients abandoned stocks, and…
  • Market Commentary

    Simon Moore
    5 Dec 2014 | 5:32 pm
    US job growth showed continued strength for the week ending December 5th. In fact, job growth for November 2014 in the US was the highest for several years. As such, we believe the US economy remains robust and the S&P 500 hit further new highs as a result. In contrast, on the other side of the Atlantic, Mario Draghi of the European Central Bank does not plan to provide additional economic stimulus before 2015. This disappointed markets given European inflation (the rate at which prices rise) is running well below the Bank’s 2% target. So, as the US exceeds expectations economically…
  • NFL Players Must “Go Long” On Retirement

    futureadvisor
    4 Dec 2014 | 10:03 pm
    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 average, among professional sports organizations. Your typical NBA player makes a cool $5 million per year; your average NFL player makes $1.9 million — less than half. And the highest earners skew the average for both leagues, so the averages don’t represent most players. The median salary for an NFL player is $770,000. That sounds like a lot, but that salary is only earned over a few…
 
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    Brunswick Plantation Living

  • Mark and Lou Redrick…”Nothing Could be Finer than to be in Carolina”!

    Bev
    26 Feb 2015 | 1:05 pm
    Brunswick Plantation and Golf Resort ® in Calabash, N.C. and minutes from Little River & N. Myrtle Beach, S.C. is Truly the Two State Solution to Fun! Mark and Lou Redrick moved to this lovely, gated golf community in 2005 … Continue reading → The post Mark and Lou Redrick…”Nothing Could be Finer than to be in Carolina”! appeared first on Brunswick Plantation Living.
  • Coastal Living News and Events 2.15

    Bev
    15 Feb 2015 | 5:08 pm
    As the amorous blush of February flirts with mellow March,  we have more ways to celebrate the seasons in Coastal Carolina. Entertainment and activities in North and South Carolina are minutes away from Brunswick Plantation and Golf Resort ®…The two … Continue reading → The post Coastal Living News and Events 2.15 appeared first on Brunswick Plantation Living.
  • Brunswick Plantation News and Events 2.15

    Bev
    15 Feb 2015 | 5:01 pm
    Brunswick Plantation and Golf Resort ® is a lovely gated golf community in North Carolina. There is always a lot going on for folks who live here! We have such active friends and neighbors to enjoy it all! We have … Continue reading → The post Brunswick Plantation News and Events 2.15 appeared first on Brunswick Plantation Living.
  • Golf News from the Pro 2.15 by Brunswick Plantation Living

    Kevin Anderson
    15 Feb 2015 | 2:20 pm
    Hello to All: As you may know, we’ve had some inclement weather over the past month creating wetter than normal playing conditions. Seems to be the norm these days. However, forecasts show warmer and dryer conditions in the next few … Continue reading → The post Golf News from the Pro 2.15 by Brunswick Plantation Living appeared first on Brunswick Plantation Living.
  • Valentine’s Day…Celebrate “The Heart” of It All!

    Bev
    12 Feb 2015 | 6:00 am
    February 14th is Valentine’s Day and thoughts of Love come our Way!  We think of Hearts…In Songs and Gifts as symbols of Love! Folks at Brunswick Plantation and Golf Resort ® are fortunate to have “A Two State Solution” to … Continue reading → The post Valentine’s Day…Celebrate “The Heart” of It All! appeared first on Brunswick Plantation Living.
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    Retirement And Good Living

  • Why I’m Not in Boston

    Len Schritter
    1 Mar 2015 | 9:54 am
    I hate the snow!   Didn’t used to be this way. In my former life, that is my life away from Arizona, winter weather and all the inconveniences that go with it were just part of the deal. We didn’t know any different. Every fall, just as soon as that familiar chill was felt in ...more
  • Going to Asia? Visit Nepal!

    Eva Forejtova
    26 Feb 2015 | 1:31 pm
    Asia has become very popular destination for tourists, backpackers and expats of all ages. Yet, it seems that most people tend to choose a country in South East Asia. Adventurous backpackers may spend a few weeks or months in India, but Nepal is often missing from their list. I always wanted to go to Nepal ...more
  • Goldenson Center National Retirement Sustainability Index

    Professor Jeyaraj Vadiveloo
    24 Feb 2015 | 8:46 am
    The concept of a Retirement Index is not new. There are several measures of financial readiness for retirement, both on a broad national level as well as at a more segmented level. Some well-known national indices include the National Retirement Risk Index by Boston College, the International Retirement Security Survey by AARP and the Retirement ...more
  • Exploring Nagoya – Ise and Inuyama

    Rey Waters
    20 Feb 2015 | 4:05 am
    For our sixth anniversary we booked a very inexpensive trip to Nagoya the fourth largest city in Japan. It is only 1 hour and 40 minutes by bullet train from Shin-Yokohama.   Nagoya is an industrial city and provides a large portion of Japan’s economy. It is home to Toyota, Mitsubishi Aircraft, Marukawa Confectionery Company, ...more
  • Women’s New Retirement Conversation

    Donna M. Phelan
    17 Feb 2015 | 9:19 am
    Although men and women enter retirement in tandem, women have a very different retirement experience from men.   Women enter retirement with less saved due to a lifetime of lower earnings. The average pay for a woman is just seventy-seven cents for every dollar earned by a man, and even less for black and Hispanic ...more
 
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    A Satisfying Retirement - Is a Lifestyle You Choose

  • A New (Temporary) Member of Our Family

    Bob Lowry
    1 Mar 2015 | 1:00 am
    Meet Adler, or Adi for short, an adorable 13 week old cocker spaniel.She is our youngest daughter's new "baby" and couldn't be cuter or more loving. Because of her "mommy's" schedule, Adi is spending enough time at our home to qualify as an almost full time member of our family, too. Our daughter has a job that causes her to travel 14-16 weeks a year. For most of that time we anticipate being a two-dog household.So, how does Bailey feel about a new sister? So far she tolerates Adi, gives her plenty of space, and probably wonders what is so special about her that causes the humans in…
  • Another "Eat Your Vegetables" Article about Retirement

    Bob Lowry
    25 Feb 2015 | 1:00 am
    The title grabbed my attention: 10 Ways to Live Frugally. In the section on retirement, this article in USA Today listed ideas for cutting back spending during retirement.Unfortunately the author used an approach I refer to as "Eat Your Vegetables," meaning the information is so basic, so much common-knowledge, it is like telling someone to stop smoking, exercise, and eat more fruits and vegetables to improve his health. There is nothing new, nothing that hasn't been suggested a million times before.A sampling of the 10 Ways included:* Plan carefully if you are thinking of moving* Plan your…
  • Getting Off My Duff

    Bob Lowry
    21 Feb 2015 | 1:00 am
    Toward the end of last year I began to feel somewhat stale and bored. Things were going well at home and with the family. We were recently back from a great two-month RV trip to the upper Midwest. But, my days had fallen into a routine that I didn't like. The stimulation of new activities and challenges was missing. In the post, Time to Come Clean, I detailed my feelings. Your response was overwhelming. That post generated more feedback than anything I have written in almost 5 years of blogging. Along with a few comments that wondered what I was complaining about, the bulk of…
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    Early Retirement Extreme

  • Changing habits or changing the habits

    Jacob
    2 Mar 2015 | 6:43 pm
    When trying to save money or become more green the following actions are often suggested. Eat less meat. Turn down the thermostat. Turn off the light when you leave the room. Drive less. Recycle. All of these are minor corrections of bad choices yet it takes a lot of effort to successfully change a behavior. So says the guy who spent weeks getting his wife to turn of the lights when she left the room when he first met her. The reason it is hard is because habits are deeply ingrained behaviors. Being deeply rooted, they are hard to change, duh! (No that wasn’t circular, just a…
  • Koyaanisqatsi – life out of balance

    Jacob
    2 Mar 2015 | 6:39 am
    I just watched this genius(*) movie for the first time after having borrowed it from the library. You may be able to watch it for free here. (*) I like to believe I don’t use that word lightly. The movie has no dialog and no plot but a powerful message which is achieved by using different time and dimensional scales (something I got used to in my professional career which might be why this works so well on me) to put humanity in context to the planetary timescale, mostly the atmospheric timescale which runs about a thousand times slower than human life does. From this perspective human…
  • Marathon running and personal finance

    Jacob
    1 Mar 2015 | 6:34 pm
    Recently Lazy man illustrated the keys to financial success by comparing it to the Patriot’s success on the football field. I don’t know much about playing football, but if it is anything like hockey, it is less easy than it looks and requires tremendous skill. Not only do these athletes need to have a high level of fitness and be fairly powerful (strong), they also need athletic skills such as agility and dexterity as well as technical skills and game awareness. It can take years to acquire sufficient competence to even play the game. Therefore I personally prefer the marathon…
  • Tenouchi and appropriate action

    Jacob
    1 Mar 2015 | 6:30 am
    Within the martial arts tenouchi is a fairly high level concept which literally means “inside of hand” (te/hand no/of uchi/inside) and which can be translated as grip. Understanding grip is obviously very important. What I offer here are just some general observations as they pertain to two-handed cutting weapons and how those observations translate into a couple of “life-lessons”. However, it should be clear how understanding grip is also important to the archer or in hand-to-hand combat; in particular in the latter understanding your opponent’s tenouchi will be…
  • Subscribe to ALL comments via RSS

    Jacob
    28 Feb 2015 | 6:24 pm
    As you know, the comments is often where the real action takes place. Due to popular request, it is, therefore, now possible to subscribe to ALL the comments as a single RSS feed. This feed is updated with new comments as they get in. Thus if you never want to miss a comment on any post, this method is safer than following the “most recent comments tab” in the sidebar. Copyright © 2007-2015 earlyretirementextreme.com This feed is for personal, non-commercial use only. The use of this feed on other websites breaches copyright. If you see this notice anywhere else than in your…
 
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    Retirement: A Full-Time Job

  • A Slap in the Face from Perspective

    Retired Syd
    27 Feb 2015 | 7:31 pm
    (Photo Details:  Flowers at the 911 Memorial, NYC) Perspective has been a bitch this week. My oldest friend’s 22-year daughter died this week.  To be more clear, my friend isn’t old, my friendship with her is—I’ve known her since the fourth grade.  Anyway, it’s been a bad week. She and her husband got a new perspective this week, one that no one really wants.  But they were able to find perspective funny the night their daughter died.  When they left the hospital that night, they stayed at a local hotel before returning to their hometown the next day.  When they checked in,…
  • Does Retirement Secretly Suck?

    Retired Syd
    4 Feb 2015 | 6:17 pm
    I know I said I was going to tell you the secret to living to 122, but I got distracted. A few days ago I read this post suggesting that it’s a mistake to retire at 62.  Actually, it sounds like Steve McDonald thinks retirement sucks no matter what age you are.  He says the more he learns about retirement, the less he understands “why the heck we are in such a rush to get there.”   I’ll concede that it’s a mistake to retire before you have the money to retire--and of course the longer you work, presumably the more financially ready you will be for retirement.  There is that. But…
  • Do You Want to Try for 122?

    Retired Syd
    3 Feb 2015 | 10:37 am
    I promised I would share some of what I’m learning in my class about living to 100.  Why try to live to 100? The class isn’t really about living to a specific age as much as it is about being as healthy and vibrant as you possibly can at any age.  But if you do what is necessary to achieve that goal, you’ll likely find yourself living longer than if you didn’t take steps to remain healthy and vibrant.  The class is taught by William Bortz, a professor of Medicine at Stanford University.  The first night of class Dr. Bortz told us a little about himself.  He is 84 years old, takes…
  • How Not to Be a Burden on Your Kids

    Retired Syd
    24 Jan 2015 | 11:55 am
    I'm very excited to report that I have been asked to join the Wall Street Journal's esteemed panel of experts who write about retirement topics on WSJ's blog, The Experts. I'm taking an adult education class this quarter called "Roadmap to 100," about the keys to longevity.  We've only had one class meeting, and already I've got tons of tidbits I want to share with you all.   It continues to amaze me how some people seem so old at 62, while others seem so young at 92.  Our professor, an 84-year old former doctor, who runs one marathon a year and is taking no medications, is exploring with…
  • Making Resolutions that Stick

    Retired Syd
    11 Jan 2015 | 4:34 pm
    Happy New Year! I’m at a bustling coffee shop today.  It looks like one of my New Year’s resolutions is going to run me about 10 bucks a week.  That is if I find a different coffee shop with free parking.  This one has great coffee and great energy, but it costs another dollar an hour to park here, so maybe this one is not going to work.  It probably shouldn't have to cost so much to accomplish my new year’s resolution. I have two resolutions actually.  Let me start with the other one first.  It’s worth noting, by the way, that despite the fact that most people don’t keep…
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    Oblivious Investor

  • Vanguard Increases International Allocation to Target Retirement and LifeStrategy Funds

    Mike
    2 Mar 2015 | 5:00 am
    A few readers have asked what I think about the recent announcement that Vanguard will be increasing the international allocation in the Target Retirement and LifeStrategy funds. (In case you missed the announcement: The international equity allocation will increase from 30% to 40%, and the international bond allocation will increase from 20% of nominal fixed-income to 30% of nominal fixed income.) Is Increasing International Allocation a Good Idea? The most important part of the answer is that I don’t have any strong opinion about the merits of the change itself. We’re talking…
  • Investing Blog Roundup: Schwab “Intelligent Portfolios” Suddenly Less Exciting

    Mike
    27 Feb 2015 | 5:00 am
    For several months now, Schwab has been promoting their upcoming “Intelligent Portfolios” platform, which will offer automated rebalancing and tax-loss harvesting of a portfolio of ETFs. The big selling point is that there is no fee for the service, aside from the cost of the funds held in the portfolio. Frankly, an automatically rebalanced portfolio of Schwab’s super low-cost ETFs sounds pretty darned neat to me. For lazy investors such as myself, such a thing could even be preferable to a low-cost Target Retirement or LifeStrategy fund from Vanguard. Unfortunately,…
  • What Is Estate Planning, and Do I Need to Worry About It?

    Mike
    23 Feb 2015 | 5:00 am
    When I recently asked for suggestions of specific estate-planning-related topics to write about, one thing that immediately became clear is that many people aren’t entirely sure what estate planning is — and whether it’s something they should be thinking about. To put it bluntly, estate planning is planning for your incapacitation or death — choosing, for example, what will happen to your financial assets, your minor children, and your health care in such situations. As you can imagine, that’s a pretty broad field, and almost everybody has at least some degree…
  • Investing Blog Roundup: Staying Flexible with Retirement Withdrawals

    Mike
    20 Feb 2015 | 5:00 am
    There are many personal finance rules of thumb that can be helpful when developing a rough-draft retirement plan. However, as Darrow Kirkpatrick and Christine Benz remind us this week, following a given rule of thumb may not be the best approach. Kirkpatrick addresses the question of how much to spend per year, while Benz looks at which account(s) to spend from each year. How to Balance Spending and Safety in Retirement from Darrow Kirkpatrick Don’t Be Dogmatic About Retirement-Portfolio Withdrawals from Christine Benz Investing Articles What is Liquidity? from Monevator Are…
  • Don’t Change Tax Plans Based on Presidential Budgets

    Mike
    16 Feb 2015 | 5:00 am
    A reader writes in, asking: “I heard on the radio recently that Obama will be changing IRA rules so that Roth IRAs will require RMDs and so there will be a limit on IRA account size. Do you think this has a big effect on the decision of which type of account to contribute to?” To be clear, these are proposed changes that were included in the Obama Administration’s budget for the 2016 fiscal year. Every year, the President is required to submit a budget to Congress. And every year, the budget includes a list of tax changes — the nature of which naturally varies…
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    Getting Your Financial Ducks In A Row

  • How to Choose a Financial Planner

    jim@blankenshipfinancial.com (Jim Blankenship)
    27 Feb 2015 | 5:00 am
    Before you sign a contract or buy a product consider the following before choosing your financial planner. Make sure they’re a CFP®. At the very minimum, a CERTIFIED FINANCIAL PLANNER™ has the met the education, exam, ethics and experience requirements in order to be qualified to discuss your financial planning needs. Anyone can call themselves a financial planner, but not everyone is a CFP®. This should be the starting point of your search. Just because the planner is a CFP®, doesn’t mean you should automatically work with them. Make sure they’re a fiduciary. A fiduciary is…
  • IRS Gives 5 Good Reasons for Direct Deposit

    jim@blankenshipfinancial.com (Jim Blankenship)
    25 Feb 2015 | 5:07 am
      Since we’re in the middle of income tax preparation season, I thought it was appropriate to share some of the tips that the IRS has put forth. Today’s tip is to take advantage of direct deposit for your tax refund. It can be very handy to have this option specified on your tax return, as you’ll see below. It’s faster, more secure, and much more convenient than the old paper check method. Below is the text of IRS’ Tax Tip 2015-23, which details some of the reasons that it makes sense to use direct deposit for your tax refund.   On the other hand, it can also be easy and…
  • Looking for a tax preparer? IRS can help

    jim@blankenshipfinancial.com (Jim Blankenship)
    23 Feb 2015 | 5:22 am
    Although there are literally tax preparers standing on the street corners (sometimes in ridiculous costumes), it can be tough to find a qualified income tax preparer near you. Of course, word of mouth is a good way to find a preparer, by way of your family or friends – but what if you still can’t find a qualified tax preparer that you can trust?   From all of the horror stories I’ve heard recently about how taxpayers are being overcharged dramatically and paying for a lot of “extras” that they really don’t need, such as refund anticipation loans and audit protection services,…
  • How to Easily Maximize Your IRA

    jim@blankenshipfinancial.com (Jim Blankenship)
    20 Feb 2015 | 5:00 am
    Recently I had a chance to have some fun with some of my undergraduate students. Polling my entire class I asked them to make a list of wants (not needs) that they frequently spent money on. Answers varied from smartphones (and the respective bill), cable and satellite TV, dining out, coffee shops, beverages (you know which ones), and appearance (spending extra to dye hair, pedicures, etc.). Here’s a list of how each expense was broken down as told by the students. In other words, it was their numbers not mine. Smartphone bill – $150 Cable/Satellite TV – $100 Dining out –…
  • What Plans Can I Rollover My Retirement Plan To?

    jim@blankenshipfinancial.com (Jim Blankenship)
    18 Feb 2015 | 5:04 am
    When you have a retirement plan, or many different types of retirement plan, you may be faced with decision-points when it would be helpful to rollover one plan into another plan. But do you know which type of plan I can rollover my retirement plan into? What follows is a description of the types of accounts that you can rollover each particular source account into, along with the restrictions for some of those accounts. The IRS also has a handy rollover chart which describes these rollovers in a matrix.   Traditional IRA or SEP-IRA A traditional IRA or SEP-IRA can be rolled over into:…
 
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    Personalincome.org

  • Investing in Foreign Currency: Smart or Too Risky?

    Sarah Li Cain
    2 Mar 2015 | 12:50 am
    You’re probably tired of hearing the same old advice about diversifying your money from financial experts. But there are ways to stray from the usual advice. Consider trading in foreign currencies. No longer is it just limited to people who have huge amount of sums to invest. It is now available even to the average joe. Sounds intriguing? Here are some things to consider before taking the plunge. What Are Some of the Advantages? One of the best perks of trading currencies is even if the economy in your home country isn’t so great, you still have the potential to earn some money. While…
  • Betterment Review – Automated Investment Platform

    Kevin Mercadante
    28 Feb 2015 | 4:18 pm
    Betterment is an online investment management platform, that provides the user with professional investment management at a very low fee. The platform offers a number of services that make it one of the better investment management sites available. You can hold both taxable investment accounts and IRA’s – including traditional, Roth and roll-over accounts – on the Betterment platform. How Does Betterment Work? Betterment creates a custom-designed portfolio for you that is consistent with your risk tolerance. They determine this by having you complete a brief questionnaire that…
  • 3 Money Saving Tips for Creating a Home Renovation Budget

    Chris Bibey
    27 Feb 2015 | 7:47 am
    Is your kitchen long overdue for a remodel? Are you ready to tackle that deck project that has been staring you in the face for the last five summers? Is it about time you finish the basement so your children have a place to play? As a homeowner, you know one thing to be true: there is always another project around the bend. Just when you think everything is finished, you think of something else that needs done. Taking on a home renovation project can be both fun and stressful at the same time. On one side of things, you are looking forward to improving your home. On the flip-side, there is a…
  • 5 Types of Insurance That Protect Your Business During a Lawsuit

    Jason Hessom
    25 Feb 2015 | 3:00 am
    Regardless of how big or small your business is you need insurance – plain and simple. Have a customer that slips and falls? Sell a product that causes a purchaser harm or loss? There are simply too many scenarios to cover but in the end, you will need insurance to protect you. What coverage do you need? Here are the five different types of insurance that any business should consider securing: #1. General Liability Insurance This is a broad based coverage option that will protect you in a variety of situations. If a customer in your physical store gets injured while on your property…
  • 5 Reasons You Should Join a Mastermind Group

    Miranda Marquit
    23 Feb 2015 | 8:17 am
    I belong to a couple of information mastermind groups on Skype. One group is comprised of a few fellow financial bloggers and website owners. The other is a large group of online entrepreneurs in a variety of spaces. When I have questions, or if I’m looking to brainstorm ideas, I can get on Skype and crowdsource an answer. Sometimes, these mastermind groups are great places to just vent — sort of like having a water cooler for those of us who work in isolation from home. These mastermind groups have provided me with great value and insight, as well as strengthening friendships and…
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    Florida Retirement Plan

  • Weekly Market Commentary March 2, 2015

    Gardner Sherrill
    2 Mar 2015 | 9:34 am
    The Markets “Well, I never heard it before,” said the Mock Turtle; “but it sounds uncommon nonsense.” It was an Alice in Wonderland week. European countries, companies, and entrepreneurs were getting paid to borrow money, and ordinary Joes with money in some European banks got letters saying the banks would be charging to hold theirRead more
  • Paying rather than receiving interest on your deposits

    Gardner Sherrill
    27 Feb 2015 | 5:56 am
    And, now, for something completely different. You learned about negative numbers in school. Now, you get to learn about negative interest rates. Currently, the European Central Bank (ECB) pays -0.2 percent on money banks have deposited. By way of comparison, the U.S. Federal Reserve’s Fed funds rate is 0.12 percent. [...]
  • Weekly Market Update February 16, 2015

    Gardner Sherrill
    16 Feb 2015 | 8:54 am
    The Markets Animal spirits were improving last week, according to Barron’s. The idea of animal spirits was introduced to the dismal science (a.k.a. economics) in the late1930s, courtesy of John Maynard Keynes. In The General Theory of Employment, Interest and Money (a dreary title that surely could have benefitted from an injection of animal spirits),Read more
  • Weekly Market Commentary February 9, 2015

    Gardner Sherrill
    9 Feb 2015 | 11:02 am
    The Markets What’s in an employment report? Last week, the U.S. Bureau of Labor Statistics’ Employment Situation Summary was full of encouraging data. Employment numbers for last November and December were revised higher which made 2014 the strongest year for job growth since 1999. However, 2015 isn’t off to a shabby start. The economy addedRead more
  • Chart of the Week

    Gardner Sherrill
    6 Feb 2015 | 11:01 am
    Tracking Yellen's Indiators [...]
 
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    Live My Retirement

  • Golfing at We Ko Pa, Arizona

    Life adventurer
    2 Mar 2015 | 7:05 pm
    livemyretirement.com Retirement living isn’t all about finding yourself, traveling, connecting, sometimes it’s about rewarding yourself with the fun you may not have as a youth. This fun is found in a variety of retirement opportunities, one that I found personal favorite enjoyment in is the game of golf – good, bad and otherwise, Golf is my way to reconnect with my joy of the game. Golfing in Phoenix is open to a plethora of courses and challenges. One such course that I have found particularly enjoyable and highly rated is We Ko Pa – rated one of the Best Resort Courses by Golf…
  • Transition Months

    Life adventurer
    3 Feb 2015 | 8:21 pm
    livemyretirement.com As January closed, it’s time for a little reflection on this first month of 2015. It’s been a busy month with travel, struggles with illness and how accurate my 2015 resolutions have held up so far. January in my eye is a transition month, one that I have noticed is a hard month for many. This article is a tribute to the struggles with a transition month and hopefully some learnings into making the rest of 2015 a gradient of positivity! January Has Such Promise Transition Months Like the sun setting, January has come to a close, which lucky for me, means that…
  • NFL Pro Bowl Excitement

    Life adventurer
    26 Jan 2015 | 4:45 pm
    livemyretirement.com The NFL Pro Bowl has changed many times through the years not only in location (it was based in Hawaii) to the now traveling city where the Super Bowl will play. I had the privilege of attending the Pro Bowl with a VIP experience! It was truly the NFL Pro Bowl excitement that most will enjoy immensely! The Pro Bowl Brief Background The Pro Bowl use to be the 2 opposing conferences (NFC v. AFC), however as viewership and attendance wavered over the years, the NFL has changed it to be a “Fantasy Football” like experience where now two seasoned veterans pick…
  • Driving Lyft

    Life adventurer
    18 Jan 2015 | 12:43 pm
    livemyretirement.com In a previous article I wrote on how a retired person can sign up to be an Uber or Lyft driver to add extra income into their world. While the process takes diligence and a little know how on technology (uploading photos), I finally took my first Lyft drive this weekend. This is my driving lyft experience, weekend #1. Driving Lyft in Retirement Before I Started I was slightly nervous to get started as you are about to embark on picking up strangers. Before I started driving, I took some tips into consideration. If you drive, I hope you follow them as well, as they…
  • Road trip in Retirement

    Life adventurer
    12 Jan 2015 | 3:28 pm
    livemyretirement.com Being retired has many benefits, including identifying how you want to spend your newly found free time! Many retirees find themselves seeking many adventures on the road, and one such adventure is the road trip retirement. from Phoenix, Arizona to Albuquerque, New Mexico. The Trip Itself I went to visit my parents over the weekend who live in Albuquerque from season to season, from Phoenix, it’s a very easy drive that is pretty much a straight shot (with some amazing views). Travel Time (estimated): 6 and 1/2 hours Best Time to hit the road: 10 a.m., 2 p.m. or…
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    Innovative Advisory Group

  • Proof That Share Buybacks are a Powerful Strategy for Building Wealth

    Kirk Chisholm
    26 Feb 2015 | 4:19 am
    Proof That Share Buybacks are a Powerful Strategy for Building Wealth The Curious Case of IBM Share Buybacks This is an overlay chart of IBM's stock price and its market cap since 2000. Do you notice anything interesting about this chart? Look closer... The stock price and market cap have performed differently. How can that be? Aren't they the same? While the stock price and market cap are highly correlated, they are not the same. Stock price - The stock price is the listed price based on what buyers and sellers are willing to pay for it. Market (cap) capitalization - The market cap of a…
  • The 2014 Predictions for Investments Summarized in One Picture

    Administrator
    19 Feb 2015 | 4:41 am
    The 2014 Predictions for Investments Summarized in One Picture     Who would have guessed it? Wall Street's 2014 predictions for investments proved to be wrong. 2014 was an interesting year for the global stock and bond markets. A lot of large macro events took place which fundamentally changed the landscape of global macro economics and ultimately the performance of markets across the globe. Read More... For more great content visit Innovative Advisory Group - Innovative Wealth Management.
  • Inflation Monitor – February 2015

    Kirk Chisholm
    14 Feb 2015 | 4:52 am
    Inflation Monitor – February 2015     Inflation Monitor - February 2015 - Introduction It is now February and it is off to a good start with the New England Patriot winning the Super Bowl... Sorry the big game. Even if you were not a fan, it was a great game to watch up until the last play. The win helped warm the city from the cold chill of deflation setting in around the US. It has been a few months since I have started the Inflation Monitor and each of those months has been marked with deflation. I have been saying for the past few years that deflation is in our future…
  • Why Does Deflation Scare the Federal Reserve and Economists Alike?

    Kirk Chisholm
    10 Feb 2015 | 4:41 am
    Why Does Deflation Scare the Federal Reserve and Economists Alike? Nothing to see here. I just got back from the TD Ameritrade 2015 annual conference in San Diego. They always put on a high qualify event. At this event was a luncheon hosted by TD, where keynote speaker, Craig Alexander, Chief Economist at TD Bank spoke about his view of the world. I make a point to listen to him each year at the conference and I am always impressed. He is a very smart and accomplished economist. However this year was a bit different. I am still trying to make sense of it. The majority of Craig’s speech was…
  • Why are Massachusetts Gas Prices so High at the Pump

    Kirk Chisholm
    5 Feb 2015 | 9:20 am
    Why are Massachusetts Gas Prices so High at the Pump   High Gas prices at the pump As I have been watching the price of oil drop over 50% from last summer, I have driven past the local gas stations and wondered... If the price of oil has dropped 50% then why are gas prices not following suit? Most people would naturally jump to the conclusion that it is the greedy gas station owners. However that thesis does not hold up well when you consider that competition between local gas stations drives down the prices to where they are barely making a profit. What is it about gas prices that have…
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    Now It Counts | NiC Magazine

  • Working Past 65: Baby Boomers Are Leading A New Revolution

    Buck Wargo
    2 Mar 2015 | 8:41 am
    Retirement age doesn’t mean not working past 65 for millions of Americans. Working past 65 is real. That’s right, the days of our parents and grandparents retirement is a thing The post Working Past 65: Baby Boomers Are Leading A New Revolution appeared first on Now It Counts | NiC Magazine.
  • Preventing Hearing Loss | What Your Ears Are Telling You Right Now

    Michael Lazar
    27 Feb 2015 | 9:48 am
    Preventing hearing loss is the first line of defense in preserving one of your most vital and enjoyable senses. But a lot of Americans are not in the know of The post Preventing Hearing Loss | What Your Ears Are Telling You Right Now appeared first on Now It Counts | NiC Magazine.
  • Americans and Health Insurance | Affordable Care Act Dropped Uninsured to Lowest Level Yet in 2014

    Michael Lazar
    27 Feb 2015 | 9:46 am
    The numbers are rolling in, and the Affordable Care Act is working as intended. Americans and health insurance are showing the lowest numbers of uninsured in seven years. Following the The post Americans and Health Insurance | Affordable Care Act Dropped Uninsured to Lowest Level Yet in 2014 appeared first on Now It Counts | NiC Magazine.
  • Baby Boomer Lifestyle Trends | Four Things You Didn’t Realize Boomers Are Amazing At

    Michael Lazar
    27 Feb 2015 | 9:44 am
    When taking a good look at baby boomer lifestyle trends, they are less ambiguous to the typical stereotypes that you might normally hear. In fact, quite to the contrary. Common The post Baby Boomer Lifestyle Trends | Four Things You Didn’t Realize Boomers Are Amazing At appeared first on Now It Counts | NiC Magazine.
  • Lower Risk of Heart Attack with Simple Daily Walking

    Michael Lazar
    27 Feb 2015 | 9:39 am
    According to a new study, older adults can lower risk of heart attack merely by assuring that they are walking a bit more throughout the day. Some older adults suffer The post Lower Risk of Heart Attack with Simple Daily Walking appeared first on Now It Counts | NiC Magazine.
 
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