Retirement

  • Most Topular Stories

  • "Free" Money?

    Data "Points"
    28 Jun 2014 | 4:30 am
    While I appreciate the convenience of gift cards, giving them always feels a bit lazy. As a recipient, however, I very much appreciate the flexibility and the freedom to buy, within the limits of the card, pretty much anything—sometimes things for which I wouldn’t even have thought to ask much less buy for myself. And, arguably, in at least a couple of cases, things I SHOULDN’T have bought, and probably wouldn’t have bought, if it hadn’t felt like “free” money.That very human inclination to spend our own money more judiciously than what we are given underpins the growing…
  • Look-Back "Provisions"

    Data "Points"
    26 Jul 2014 | 4:39 am
    My wife and I recently celebrated our wedding anniversary.  It was a special day, as they all are, but as I thought back on the events of our life together, I was struck by the realization that I have now been married for about half my life.  Not that I didn’t expect to remain married, or to live this long; if someone had asked on my wedding day if I thought I’d still be alive and married this many years hence, I’m sure that I would have expressed confidence, likely strong confidence, in both outcomes.  However, if someone on that same day had asked me to guess then where…
  • The Key Ratio You Need For Retirement

    FutureAdvisor Blog
    E.A. Mann
    24 Jul 2014 | 6:47 am
    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 making $100,000 should save $10,000 per year and should also expect to spend $90,000 in retirement. This 90/10 split is a ratio I see over and over – it’s not just this one firm. But sound as it may seem to them, I believe this is terrible advice. An outlook like this burns our dollar bill at both ends, vastly underestimating our ideal savings rate and greatly inflating what we should…
  • Deborah and Bob Kogler…Cruising to Love

    Brunswick Plantation Living
    Bev
    24 Jul 2014 | 9:06 am
    We have so many great people in our Brunswick Plantation & Golf Resort community! Folks come from many states in the United States as well as other countries. Deborah and Bob Kogler, part of the rich tapestry of our Brunswick … Continue reading → The post Deborah and Bob Kogler…Cruising to Love appeared first on Brunswick Plantation Living.
  • Seniors in Casino Land

    Retirement And Good Living
    Amy Ziettlow
    27 Jul 2014 | 2:21 pm
    The first week of August is National Responsible Gaming Education Week.   Over the last two years, I have traveled through casinos in Louisiana, Iowa, New York and Florida talking to older Americans to learn first-hand why they come, why they stay, and why it’s so dangerous.   In honor of Responsible Gaming Education Week, let me share what I’ve what learned:   Why They Come: Casinos Cater to Older Americans   Casinos make their older customers feel welcome and safe, but their motives are far from pure. People over 65 tend to go to the casino during the off-peak…
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    Data "Points"

  • Look-Back "Provisions"

    26 Jul 2014 | 4:39 am
    My wife and I recently celebrated our wedding anniversary.  It was a special day, as they all are, but as I thought back on the events of our life together, I was struck by the realization that I have now been married for about half my life.  Not that I didn’t expect to remain married, or to live this long; if someone had asked on my wedding day if I thought I’d still be alive and married this many years hence, I’m sure that I would have expressed confidence, likely strong confidence, in both outcomes.  However, if someone on that same day had asked me to guess then where…
  • The Status Quo

    19 Jul 2014 | 4:30 am
    While the prospects for “comprehensive tax reform” may seem remote in this highly charged election year, the current tax preferences accorded employee benefits continue to be a focus of much discussion among policymakers and academics.The most recent entry was a report by the Urban Institute which simulated the short- and long-term effect of three policy options for “flattening tax incentives and increasing retirement savings for low- and middle-income workers.”  The report concluded that “reducing 401(k) contribution limits increases taxes for high-income taxpayers; expanding…
  • Map “Quests”

    12 Jul 2014 | 5:00 am
    I’ve been hooked on the convenience of GPS systems ever since the first time one was included in the price of a rental car on a family trip in unfamiliar territory. After all, it combines the opportunity to tinker with electronic gadgetry alongside the convenience of not having to do much in the way of pre-planning trip routes—not to mention avoiding the need to stop and ask for directions (that is frequently associated with not doing much in the way of pre-planning trip routes).There are, of course, horror stories about drivers who have blindly followed GPS instructions without paying…
  • Picture "Window"

    5 Jul 2014 | 6:30 am
    As an individual who spends a lot of his time writing (and reading the writing of others), I’ve always had reservations about the notion that “a picture is worth a thousand words,” though I’ll grant you that an image, a well-crafted graph, or even a flow chart can, in certain instances, more quickly and more effectively convey an idea or concept than words alone.I remember a conversation with a friend of mine a couple of years ago about EBRI’s Lillywhite Award. My friend, who had been something of a mentor to me over the years, was asking me about the award, the selection process,…
  • "Free" Money?

    28 Jun 2014 | 4:30 am
    While I appreciate the convenience of gift cards, giving them always feels a bit lazy. As a recipient, however, I very much appreciate the flexibility and the freedom to buy, within the limits of the card, pretty much anything—sometimes things for which I wouldn’t even have thought to ask much less buy for myself. And, arguably, in at least a couple of cases, things I SHOULDN’T have bought, and probably wouldn’t have bought, if it hadn’t felt like “free” money.That very human inclination to spend our own money more judiciously than what we are given underpins the growing…
 
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    FutureAdvisor Blog

  • The Key Ratio You Need For Retirement

    E.A. Mann
    24 Jul 2014 | 6:47 am
    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 making $100,000 should save $10,000 per year and should also expect to spend $90,000 in retirement. This 90/10 split is a ratio I see over and over – it’s not just this one firm. But sound as it may seem to them, I believe this is terrible advice. An outlook like this burns our dollar bill at both ends, vastly underestimating our ideal savings rate and greatly inflating what we should…
  • Your 401(k) Could Be A Rip-Off, But It May Not Matter

    E.A. Mann
    23 Jul 2014 | 6:01 am
    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 well, and a 2011 Deloitte report corroborates. The 2011 report states that the average 401(k) administrative fees charged by employers were .78% in that year. This number may not seem huge, but consider this: low cost index funds from companies like Vanguard regularly sell for around 0.15% in yearly fees, and can sell for as low as 0.05%. This is a premium of between 500% and 1500%! Put more…
  • The Little Known 457 Plans Beat 401(k)s

    E.A. Mann
    22 Jul 2014 | 9:33 am
    Would you like a better version of a 401(k) or 403(b) to invest in for retirement? How about something with the same tax-deferred benefits of those plans, but with more flexible rules that eliminate penalties? Would you like it if were almost guaranteed to have low fees? Or if a government overseer ensured that the plan was administered fairly? If you haven’t already, please nod your head. If you’re a state employee, you most likely have access to the plan I just described. It’s called a 457. Unfortunately, there’s a good chance you’ve never heard of it. My wife, a public school…
  • Boomers, Recessions and the Myths of Retirement

    futureadvisor
    21 Jul 2014 | 6:19 am
    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 support. The Great Recession of 2008 had the opposite effect. America is now in the midst of a “retirement crisis” forcing millions of senior citizens must keep working to support themselves and avoid poverty. While many boomers thought of retirement as decades of leisure after decades of work, they arrive at retirement age only to be disillusioned. Leisure is one myth of retirement,…
  • Weekly Market Commentary

    futureadvisor
    18 Jul 2014 | 8:02 pm
    For the week ending Friday July 18, economic data was weak for June but appeared stronger for July, Fed Chair Janet Yellen summarized the state of the economy in testimony to Congress last Tuesday “We have made good progress, but we have farther to go to regain the ground lost in the crisis and the recession”. This week’s data reinforced that. The overall theme was one of a slightly soft June, but early data for July showed strength. Retail sales for June were slightly worse than expected, partially due to weak sales of motor vehicles. Industrial production for June was also…
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    Brunswick Plantation Living

  • Deborah and Bob Kogler…Cruising to Love

    Bev
    24 Jul 2014 | 9:06 am
    We have so many great people in our Brunswick Plantation & Golf Resort community! Folks come from many states in the United States as well as other countries. Deborah and Bob Kogler, part of the rich tapestry of our Brunswick … Continue reading → The post Deborah and Bob Kogler…Cruising to Love appeared first on Brunswick Plantation Living.
  • Top 5 Ways to Keep Cool This Summer shared by Brunswick Plantation Living

    Kevin Anderson
    21 Jul 2014 | 3:46 pm
    The Construction Group by Caw Caw Land Corp, at Brunswick Plantation and Golf Resort, a coastal Carolina gated community, has been a proud Energy Star partner since 2010 . We want to help people save energy at home, period. If you … Continue reading → The post Top 5 Ways to Keep Cool This Summer shared by Brunswick Plantation Living appeared first on Brunswick Plantation Living.
  • Coastal Living News and Events 7.14

    Bev
    15 Jul 2014 | 10:24 am
    Coastal Living in the Carolinas is alive with Fabulous Food  and Fun Things to Do and See ! Brunswick Plantation and Golf Resort in Calabash, NC is three miles from Little River & N. Myrtle Beach SC! It truly is … Continue reading → The post Coastal Living News and Events 7.14 appeared first on Brunswick Plantation Living.
  • Brunswick Plantation News and Events…7.14

    Bev
    15 Jul 2014 | 10:21 am
    Brunswick Plantation Golf Resort is always buzzing with activity for and by the folks who live in this lovely gated golf community! Summer Fun upon us! We know that People to Play Together, Stay Together! Brunswick Plantation celebrated the 4th … Continue reading → The post Brunswick Plantation News and Events…7.14 appeared first on Brunswick Plantation Living.
  • Golf News from the Pro 7.14 by Brunswick Plantation Living

    Kevin Anderson
    15 Jul 2014 | 10:19 am
    Hello to All Members & Property Owners:  Summer time is here and with it is warm to hot days. Follow these Tips to Keep your focus: Research shows that dehydration negatively impacts all of the import attributes critical to the … Continue reading → The post Golf News from the Pro 7.14 by Brunswick Plantation Living appeared first on Brunswick Plantation Living.
 
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    Retirement And Good Living

  • Seniors in Casino Land

    Amy Ziettlow
    27 Jul 2014 | 2:21 pm
    The first week of August is National Responsible Gaming Education Week.   Over the last two years, I have traveled through casinos in Louisiana, Iowa, New York and Florida talking to older Americans to learn first-hand why they come, why they stay, and why it’s so dangerous.   In honor of Responsible Gaming Education Week, let me share what I’ve what learned:   Why They Come: Casinos Cater to Older Americans   Casinos make their older customers feel welcome and safe, but their motives are far from pure. People over 65 tend to go to the casino during the off-peak…
  • International Volunteering – An Introduction

    John Dwyer
    26 Jul 2014 | 1:04 pm
    International volunteering has been an important and satisfying part of my life. Since my days as a Peace Corps Volunteer in Guatemala in 1991 and 1992, I have had the privilege to serve on 21 international missions in 12 countries. All of this began after I turned 50 – it changed my life.   If you have an interest in international volunteering I encourage you to pursue it.   Where to Begin   A good place to start when thinking about international volunteering is with an examination of your skills and interests. Which of your skills most interest you? What work or hobby…
  • Yoga, Intimacy & Relationships

    Kate Feldman
    25 Jul 2014 | 1:02 pm
    Yoga has become a household word. In the seventies when I started practicing, hardly anyone knew what yoga was. Today, it’s understood as a wonderful practice for physical, mental, emotional and spiritual well-being. We use it in schools, hospitals, mediation centers, and some of us even use it to enhance our sex lives and deepen our intimate partnerships!   Learning yoga postures and pranayama (breathing exercises) was easy for me. I listened to my instructor, I studied the text, I looked at photographs and watched some DVDs. Then I went home and got out my mat and started a practice.
  • The Benefits and Joy of Art for Seniors

    Linda Hammons
    24 Jul 2014 | 4:42 pm
    First of all let me say, Art is FUN! Not only is it fun, but I find in my classes that people enjoy getting together and doing art, sometimes creating lifelong friends. Most of my students are seniors, from 50 to 98. It’s funny, ages begin to blur when you have things like art in common. For example I have a 93 year old and a 65 year old that have become very close friends and do a number of things together. I have 2 sets of these friends I currently know, both the same ages! Lots of my students meet for lunch before coming to class or go to art group meetings or shows together. Several…
  • Volunteering: Life on the Africa Mercy

    Chuck and Debbie Vogt
    23 Jul 2014 | 10:50 am
    Debbie:   I remember thinking that this was a very strange place for me to be. I was at the Hope Center, where patients recover from surgery done on the Africa Mercy, the world’s largest non-governmental hospital ship. I was helping a man from Guinea, in West Africa, make a friendship bracelet. He didn’t speak English, and I don’t speak Susu.   It wasn’t that long ago that I was working in a hospital laboratory in Rochester, NY, and Chuck was working as a chemical engineer at Eastman Kodak. We retired early to do this work in West Africa as a part of an international…
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    A Satisfying Retirement - Built One Decision At a Time

  • Checking In

    Bob Lowry
    19 Jul 2014 | 6:09 pm
    I feel a little like I did as a youngster when I went away to summer camp for part of the summer. Mom and Dad expected me to check in occasionally by post card, reporting on my health and well being, and whether I was enjoying my time away from home.It seems about time to let you know how Betty, Bailey, and I are doing as we make our way across the country. As I write this we are in Ogallala, Nebraska. We have traveled 1,260 miles in the 13 days since we left home. There has been only one problem worth reporting: a malfunction (or my mistake) caused the braking system that helps stop the car…
  • And So It Begins

    Bob Lowry
    8 Jul 2014 | 2:00 am
    The extended RV trip that prompted the summer sabbatical from the blog's regular posting schedule is underway. We are in Flagstaff, a good place just a few hours from home, to finalize the route and first week or so of the trip. Wednesday morning we are on our way to the Zion National Park area.I would be terribly remiss in not thanking all those who left such heartfelt comments after I announced the partial suspension of this blog, with a final decision coming upon our return in September. I knew Satisfying Retirement has a loyal group of readers, but the strength of…
  • An Anniversary and Some Important Changes

    Bob Lowry
    19 Jun 2014 | 2:00 am
    Four years ago this month I began writing Satisfying Retirement. It has been one of the most rewarding periods of my life. I had no idea when I hit the publish button for the first time in June, 2010 what lay ahead.I have been able to write about a subject I have come to know pretty well. I have been able to help others on this amazing journey. I have written two books, both of which continue to sell several copies a month. I have made friends who have enriched my life and will continue to do so. Writing this blog has helped me strengthen my marriage and my faith. It has…
 
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    Early Retirement Extreme

  • What makes me feel rich

    Jacob
    27 Jul 2014 | 11:17 pm
    I think the idea of splurging a little to feel rich while not being rich and in particular while paying off debt is misguided and up there along with “what kind of candy bars do you have in your weight loss plan?”. It seems obviously self-contradictory, so why does it exist? The reason is that it is trying to reconcile one frame of mind (the formerly wasteful) with a new frame of mind (the frugal), that is, one end of the scale with another end of the scale. This contains the “problem of opposing goals” which makes for a weak strategy. Everywhere you go, people want…
  • I’m happy I’m no longer the only one

    Jacob
    27 Jul 2014 | 11:12 am
    When discussing the concepts of extreme early retirement, an often heard objection is that “it’s impossible”—followed by the runner-up “Yes, maybe I could do it but my spouse/children…” or the more generic “Yes, but that’s because you’re special/different/….” [I got a bit carried away in the comments section of this post.] These objections are not based on the lack of external freedom (see discussion of freedom) but rather a constraint on internal freedom: “I can’t understand it, therefore it’s…
  • Quantifying success

    Jacob
    26 Jul 2014 | 11:10 pm
    I’ll admit that I too suffer from the unhealthy (stressful?!) habit of trying to quantify success. In a materialistic society, success is frequently quantified by the kind of stuff we use to make statements about our success such as big houses and big cars. A less direct but equally important means of determining success is how much money is being made. This is often not a very adequate means of measuring but it is often the only one. It is one of the reasons that I will be selling my book rather than giving it away. It would be interesting to know what the demand curve looked like. For…
  • Dear Graduate, do you want to retire in five years?

    Jacob
    26 Jul 2014 | 11:08 am
    Dear Graduate, You have now obtained a degree. While this doesn’t show you to have any particularly useful skills, save for a few notable professions, it will make you employable in the corporate world. You now have a choice to make: You can join the majority, have a career, and work for the next 30 years while dreaming of retiring to Florida someday, unless prematurely stopped by a heart attack, or you could retire in five years. For the former, the cookie-cutter lifestyle, allocate 15% of your income to a so-called retirement account (401k, IRA, etc.) and invest it in an index fund (I…
  • Guest post: ERE explained! – Part 2

    Jacob
    25 Jul 2014 | 11:05 pm
    …read Part 1 here. Next we come to the issue of semantics. That said, one of the big issues with people new to ER(E) is the word “retirement”. In its broad sense, it has come to mean “put out to pasture”. And people who have this notion of retirement (pretty much everyone, really) will certainly frown on why someone in 20s-30s-40s would want to do that. The big difference in the context here though, Retirement doesn’t mean “Finis”; repeat after me, Retirement doesn’t mean “Finis”! Rather it means, “new beginnings, new…
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    Retirement: A Full-Time Job

  • Looking Forward

    Retired Syd
    27 Jul 2014 | 3:48 pm
    (Photo Details:  The view from Roosevelt Island to Manhattan's Upper East SIde--July 2014) So this is my last day in Manhattan, for this year anyway.  I am always sad to go home.  Not only will I miss the thrill of living right up next to other people’s lives, I will miss the way this place continues to surprise me every time I come here.  More about that later--this is a post about looking forward.  Instead of being sad about leaving, I’m working on looking forward to going back home.  When I’m away, especially for such a long time, I am more removed from the things that weigh…
  • How to See Retirement With a Tourists Eyes

    Retired Syd
    20 Jul 2014 | 3:20 pm
    (Photo Details:  Top of the Metropolitan Museum of Art, New York--June 2014) I’m just finishing up a five-week visit to Manhattan on our annual home-exchange vacation.  I get a lot of questions from people about why I like to return to New York year after year.  Why not go somewhere different?  Why go for an entire month?  And why go during the hottest time of year? And I do have answers to all those questions.  But this post is about the value of seeing something that you’ve seen before in a totally different light.  I just calculated that I’ve visited New York City 14 times…
  • Picturing Retirement: Stop and Smell the Cacti

    Retired Syd
    18 Jul 2014 | 6:49 am
    Photo Friday:  Terri has been retired for almost a year now.  She sends wonderful email updates about how much she is enjoying her newfound time.  This photo is from her travels earlier this year to Sedona and to the Grand Canyon.  This cactus only blooms one week each year and she and her husband were there to see it.  Thanks for sharing Terri! Related Posts: Picturing Retirement:  First Morning of Retirement     Picturing Retirement:  Retired Art Teacher with Wanderlust     Picturing Retirement:  Retire in the City or in the Country? Can’t keep track of my non-existent posting…
  • Is it Ok to Be Happily Retired?

    Retired Syd
    15 Jul 2014 | 11:25 am
    (Photo Details:  Pool at Grand Hotel D'Angkor--Siem Reap, Cambodia) If only this one was as easy as turning off the TV. Yesterday I posted about how it seems like we’re not allowed to be happy about good news yet.  Yes, maybe it’s that bad news sells.  But I also think it’s because we feel guilty about feeling happy when there are still so many people whose circumstances are not as good. I think that’s why I get so many emails from readers who feel like they have to downplay their happiness about being retired.  Since many of these folks have retired before their friends or family…
  • Are We Allowed to Be Happy Yet?

    Retired Syd
    14 Jul 2014 | 11:11 am
    (Photo Credit:  Statue of Liberty June 2014) I’ve pretty much given up watching the “news” on the cable networks.  I have struggled with what I consider to be an unhealthy addiction to these newsertainment shows for many years.  I would start by surfing between Chris Matthews, Greta Van Susteren, and Erin Burnett, then move on to Chris Hayes, Bill O’Reilly, and Anderson Cooper.  Later I’d jump between Rachel Maddow and Megan Kelly and if I was still up for a little more torture, I’d catch a little Sean Hannity.  I knew it was bad for me, but I couldn’t stop. A few months…
 
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    Oblivious Investor

  • Investing Blog Roundup: Retiring Baby Boomers

    Mike
    25 Jul 2014 | 5:00 am
    This week, author/advisor Larry Swedroe provided an excellent answer to a question I see from time to time: Should we fear a stock crash as a result of baby boomers retiring and selling off their shares? Swedroe writes: “We’ll begin by pointing out that only unexpected events have an impact on stock prices. And if anything can be forecasted, it’s demographic data. You can be certain that investors in general are well aware of this trend, and thus have incorporated that knowledge and the expected effect of retirees’ equity sales into current prices.” Will…
  • Which Year’s Income Determines Affordable Care Act (“Obamacare”) Subsidy Eligibility?

    Mike
    21 Jul 2014 | 5:00 am
    A reader writes in, asking: “I’m trying to find more info on ACA premium subsidies. Specifically, I want to understand which year’s MAGI [modified adjusted gross income] is used. For example, would a person’s health insurance premiums for 2015 be determined based upon his 2014 MAGI or 2013 MAGI, etc.?” The premium tax credit (i.e., the subsidy that reduces premiums) works like any other credit in that it is your income in a given year that determines the size (if any) of the credit for which you are ultimately eligible in that year. For example, your 2014…
  • Investing Blog Roundup: Index Fund Securities Lending

    Mike
    18 Jul 2014 | 5:00 am
    One question readers ask from time to time is how many Vanguard index funds manage to trail their index by an amount less than the fund’s expense ratio. To some extent, the answer is pure randomness. An index fund doesn’t typically hold every security in the index, in exactly the designated proportion, at every moment in time. Another part of the answer, however, is that the funds earn some money from securities lending. Barry Barnitz has more on that topic on the Bogleheads Blog this week: Vanguard Index Fund Security Lending from Barry Barnitz Investing Articles To Tilt or Not…
  • What is a Qualifying Longevity Annuity Contract (QLAC)?

    Mike
    14 Jul 2014 | 4:00 am
    I’ve been getting a lot of questions about the Treasury Department’s recent release of final regulations that create a new type of annuity in the tax law: “Qualifying Longevity Annuity Contracts” (QLACs). To explain, we first need to back up a step. This isn’t really a new type of annuity. This is simply a new tax treatment for types of annuities that already exist (specifically, certain types of deferred annuities) when they are purchased inside tax-deferred IRAs or tax-deferred employer-sponsored retirement plans. Deferred Lifetime Annuities in General A…
  • Investing Blog Roundup: Investment-Induced Panic

    Mike
    11 Jul 2014 | 5:00 am
    This week, I especially enjoyed a MarketWatch article from Mitchell Tuchman pointing out a number of errors investors often make. This little gem stood out to me in particular: “Your long-term investments shouldn’t be allocated in a way that pressures you to review them constantly. That’s not investing. It’s a slow-motion form of panic.” 5 High-Risk Behaviors Harmful to Your Retirement from Mitchell Tuchman Investing Articles 2 Different Views on the 4% Rule from Wade Pfau A Tool Muni Investors Sorely Needed from Allan Roth Why Bad News Can Cause Stock Prices to…
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    Getting Your Financial Ducks In A Row

  • Apple Pie and Ice Cream…Vanilla Ice Cream

    sraskie
    25 Jul 2014 | 5:00 am
    Apple pie (Photo credit: Wikipedia) From time to time we get asked by our clients and prospective clients why we manage our clients’ money the way that we do. Some even gravitate to our firm because of the way that we invest and our philosophy. Others shy away because they are looking for management that will beat the market and always make money and never lose money. Note: This is impossible. But hey, some folks still chase that illusion. As many of our readers know our investment philosophy is pretty plain – like apple pie and ice cream. To make this summer analogy more apropos, when…
  • Annuity in an IRA? Maybe, now

    Jim Blankenship
    23 Jul 2014 | 5:18 am
    Photo courtesy of Martin Staněk on unsplash.com. Forever and a day, the rule of thumb has been that you should not use IRA funds to purchase an annuity – primarily because traditional annuities had the primary feature of tax deferral. Since an IRA is already tax-deferred, it’s duplication of effort plus a not insignificant additional cost to include an annuity in an IRA.  This hasn’t stopped enthusiastic sales approaches by annuity companies – plus new features may make it a more realistic approach. Changes in the annuity landscape have made some inroads against this rule of thumb…
  • Resurrecting the Qualified Charitable Distribution?

    Jim Blankenship
    21 Jul 2014 | 5:06 am
    Photo courtesy of Rayi Christian W on unsplash.com. This past week the US House of Representatives passed a bill (HR 4719, known as the America Gives More Act) which would re-instate the Qualified Charitable Distribution from IRAs and make the provision permanent.  This provision expired at the end of 2013, as it has multiple times in the past, only to be re-instated temporarily time and again. A Qualified Charitable Distribution (QCD) is when a person who is at least age 70½ years of age and subject to Required Minimum Distributions from an IRA is allowed to make a distribution from the…
  • A Consequence of the Affordable Care Act

    sraskie
    18 Jul 2014 | 5:00 am
    Barack Obama signing the Patient Protection and Affordable Care Act at the White House (Photo credit: Wikipedia) As much as I wanted to put the word unintended before consequence in my title, I had a hard time believing that what I’m about to write about was unintended. As many of you are aware, the Affordable Care Act a.k.a. “Obamacare” is the law passed that requires, among other things, that everyone carry health insurance, subject to some specific exclusions. What I want to talk about is how this affected my insurance specifically and likely affected the insurance of many others.
  • How to Compute Your Monthly Social Security Benefit

    Jim Blankenship
    16 Jul 2014 | 5:15 am
    Photo courtesy of Jake Hills on unsplash.com. So you’ve seen your statement from Social Security, showing what your benefit might be at various stages in your life.  But not everyone files for benefits at exactly age 62 or 66 – quite often there are months or years that pass before you actually file.  This article will show you how to compute your monthly Social Security benefit, no matter when you file. Computing your monthly Social Security benefit First of all, in order to compute your monthly Social Security benefit, you need to know two things: your Primary Insurance Amount (PIA)…
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    Personalincome.org

  • California Numismatic Investments Review

    Donny Gamble
    27 Jul 2014 | 4:16 pm
    When one set aside money for retirement, there is no time to gamble or try new ways that are unproven. It is important to study different investment opportunities before making any decision on how to allocate assets. California Numismatic Investments Analysis and Recommendation: Investing in gold and other precious metals has become a widely accepted practice because it is not easily affected by economic situations. California Numismatic Investments (CNI) or Golddealer.com is a company that offers services for customers that want to purchase precious metals for their IRA. Formed in 1982, they…
  • Wholesale Direct Metals Review

    Donny Gamble
    26 Jul 2014 | 7:32 am
    Investments for retirement are no simple matter of saving money when one comes of age. These are carefully planned purchases and investments that are aimed at prolonging and growing wealth in order to have a safe future. In light of this, there is a multitude of Gold and Precious Metals IRA service providers that are poised as safer alternatives to paper and banknote schemes. One such organization is Wholesale Direct Metals. This company began operations in 2006 and is still operating as a metals and bullions dealer. They provide buying schemes as well as precious metal liquidation plans…
  • EverBank Review – Why it is More Than Just Your Typical Online Bank

    Kevin Mercadante
    25 Jul 2014 | 7:44 am
    There are online banks – and then there’s EverBank. Virtually all banks today are online, and offering the services typical of those of every other online bank. But EverBank sets a new standard – its own standard. It combines the best of banking and an investment brokerage firm in one online platform. And it offers a mix of products and services that no other bank or brokerage firm does. What is EverBank? EverBank is a national direct-to-consumer bank. Headquartered in Jacksonville, Florida, and nominally founded in 2004, it’s an online bank that provides both banking…
  • How to Invest in Real Estate Without Risking Future Cash Flow

    Carrie Smith
    23 Jul 2014 | 12:10 pm
    Real estate is often an enticing investment option for individuals who want to diversify their investment portfolio, and make a relatively quick or large profit. So how can you invest in real estate without risking your wealth in the future? Although investing in real estate is inherently risky, since you don’t have direct control over the market, there are a number of ways to protect yourself from going into debt or putting your future cash flow at risk. Below are four major guidelines to follow to become a successful investor. 1. Start With a Small Project Perhaps the most important…
  • Pension Plan – Beginners Retirement Guide

    Kevin Mulligan
    21 Jul 2014 | 10:38 am
    What is a Pension Plan? Today we’re taking you back to the old school. To a land of gold watches and working 30 years at the same firm. A time where a man’s word meant something. A time of pension plans. A pension plan is a tax-exempt retirement plan that is typically funded by the employer. Some plans do allow for employees to contribute funds as well. The contributed funds are pooled together and invested for the employee’s benefit. Having a pension might mean your take-home pay is a little lower than it would be otherwise thanks to your employer contributing to a pension on your…
 
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  • Summer Tax Thoughts

    Gardner Sherrill
    25 Jul 2014 | 10:45 am
    As you’re plunking bait, lolling on the beach, or paddling a stream, let your thoughts turn to… taxes. Sure, it’s a lot easier not to think about taxes until you have to, but by then it’s usually too late to do anything that might make a difference. Late summer, when your blood pressure is niceRead more
  • Weekly Market Commentary July 21, 2014

    Gardner Sherrill
    21 Jul 2014 | 7:42 am
    The Markets Events of the last week could have been plot elements in a Tom Clancy novel. Tragically, they were real and ratcheted geopolitical tensions higher around the globe. Read more
  • The Value of Higher Education

    Gardner Sherrill
    18 Jul 2014 | 8:12 am
    ​What is the value of higher education? does it justify the cost? It appears the value of education is in the eye of the beholder. Aristotle thought education was about learning to think. He said, “It is the mark of an educated mind to entertain a thought without accepting it.” Nelson Mandela, who helped leadRead more
  • Mid-Year Outlook 2014 – At a Glance

    Gardner Sherrill
    18 Jul 2014 | 7:53 am
    At this year’s halfway point, we are pleased to offer the LPL Financial Research 2014 Mid-Year Outlook: Investor’s Almanac Field Notes containing key observations and updates to our outlook for 2014.  For a free copy sign up for my newsletter and I'll have it sent over.
  • Weekly Market Commentary July 14, 2014

    Gardner Sherrill
    14 Jul 2014 | 3:43 pm
    The Markets Germany may have clobbered Brazil in the World Cup quarterfinals last week, earning a chance to become the first European team to win the event in Latin America, but things back home in Europe weren’t quite so rosy. Read more
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