I received an email from one of my readers asking me about my thoughts on retirement planning. “What did you do successfully in your 20s to prepare for retirement? What you would have done differently to ensure a better financial future? What would be your ideal retirement plan?” My ideal retirement plan would be to […]
With 10,000 baby boomers reaching retirement age every day, there is a scramble to grab a share of the largest money transfer in American history.
The Big Squeeze The Consumer Price Index rose 4.1% in 2007, which was the biggest increase since a 6.1% jump in prices in 1990. Average weekly earnings, after adjusting for inflation, dropped by 0.9% in 2007, the biggest setback since a 1.5% fall in 2005. Economics are Boring Let’s face it, Economics are boring. They […]
Q. What is an instant, sure-fire way to double your money? A. Fold it in half and put it back in your pocket! Just Kidding A. Your 401K plan, with matching employer contribution. The Simple Math $1.00 – Dollar You Contribute $0.25 – Taxes You would have Paid (Roughly) $0.75 – Amount Missing from your Paycheck $1.00 […]