If you’re within a decade of retirement, it may be time to think hard about how much stock exposure is enough. The answer might be less than you think for a portfolio in distribution phase.Read More »
How Does Your Savings Account Compare With the Average American’s? How About the Top 1%’s?
How does your savings account stack up to the average American’s? How about the top 1 percent’s?Read More »
How to Find a Financial Advisor You Can Trust
According to a recent Vanguard study, the right financial advisor can add up to 3.75% of value to your portfolio but, with 310,000 investment advisors in the United States, how do you find one that is independent and that will serve your interests?Read More »
401(K) Fees: Here’s What Your Provider Doesn’t Want You To Know
The 401(k) plan gives 90 million Americans a way to make tax-deductible contributions to a retirement account directly from their paychecks with 71% of them believing that there are no fees at all associated with their plan. Nothing could be further from the truth! The vast majority of plans are characterized by huge commissions, expensively managed funds, and layer upon layer of additional – and often hidden – chargesRead More »
Americans Aren’t Getting Their Medical Money’s Worth – Does Your Country Rank In the Top 20?
Americans aren’t getting their medical money’s worth - not by a long shot! According to an annual Bloomberg analysis in almost 200 economies the U.S. will cost you the most for treatment, both in absolute terms and relative to average incomes.Read More »
Average Monthly Rent In 148 American & Canadian Cities – How Does Your City Compare?
Location, location, location. Rental markets are heating up all over the continent, but there are specific cities that are feeling the brunt of this phenomenon. Today’s post maps 148 cities in the U.S. and Canada and color-codes these cities based on average rent price. Does anything surprise you about the map and data?Read More »
10 Ways To Retire Early
Do you really want to spend more than 40 years of your life working? Do you really want to wait until after age 65 before finally allowing yourself to retire? There's no rule you have to wait that long. What do many early retirees have in common? Let's examine some common characteristics.Read More »
9 Retirement Hotspots That Are Cheaper Now Than Ever Before
Financial considerations are the biggest factor for many people when deciding where they want to enjoy their retirement years. As the strength of the dollar continues its hold against other currencies, it’s providing us with far more purchasing clout when it comes to buying other currencies. This in turn is helping to make many destinations even more affordable to U.S. citizens who are looking to decamp to foreign locales. Here are nine retirement hot spots that are cheaper than you thought.Read More »
7 Things You Should Know About Your 401(k) Match
When a company matches the money you contribute to your 401(k) plan, up to a certain amount, these matching funds can be a very powerful way to save money over time for retirement and, as such, it's important to take advantage of a company's full 401(k) match if you can. Every company has different policies regarding these matching funds, and things can often be confusing for new investors. Here are some key things to know.Read More »
Your 401(k) Plan Is Your Most Powerful Investment Account – Here’s Why
What makes your 401(k) plan the best place to invest your money for the long term? In this post I will show you all of the reasons why this type of investment account has the greatest impact on the growth of your money.Read More »