In these financial times, many people are looking for ways to get a little more cash — usually in lump sum form. The thinking is that a lump sum could pay off debt, or cover medical bills. For those receiving some sort of settlement payment, or receiving annuity payments, it is tempting to turn to […]
Depending solely on other people for your investment decisions can mean dying a slow death. Over the last few decades, the switch from employer-managed pension plans to self-managed retirement accounts (i.e., IRAs and 401k’s) has turned each person into his or her own pension fund manager. Financial advisors often compare this switch to a scenario […]
Do you lie? I was taught that lying can be appropriate in certain situations. These “white lies”, as we call them, often keep the zen flowing in relationships, while other times, they can help encourage others and give them the much needed confidence to improve themselves. But we go too far. We really do, especially […]
A Mcdonald’s combo now costs $7 but it used to be less than $5. Then again, the McChicken sandwich used to cost $2.45 and it’s only a buck now. Inflation is a phenomenon that most people hear about often. The media reminds us of it, our financial planners talk about it and if you need […]
Seriously. You think I’m just joking, but retirement is no laughing matter unless you already accumulated millions and retired early (in which case you can laugh out loud 24/7). I think everybody should max out their Roth IRA, right now. Here’s why.
Hindsight is 20… Okay, we know that saying so let’s skip the crap. Today is the last day of the year decade. Is there anything you wish you did this decade that you didn’t? If you could turn back time, how will your goals be different? I read somewhere before that most of us overestimate […]
