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Category Archives: Financial & Retirement Planning


Why Your Retirement Account Underperforms Most Pensions

There’s a retirement crisis brewing in America. We all know it is coming, but it is unclear what to do about it. In 2008, employees were complaining, “My 401(k) is now a 201(k).” Many unemployed baby boomers over 50 are having a hard time finding work, and if they do, they aren’t paid what they [...]

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Phyllis Borzi Wants to Save Your IRA

Just when you think that our government is full of incompetent career politicians who can’t get anything right, a real hero rides in. You’ve probably never heard of Phyllis Borzi. She is an assistant secretary at the Department of Labor and she’s helping you and our country in ways few will ever appreciate. We’ve written [...]

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Americans are More Indebted Than the U.S. Government

You may remember J. Wellington Wimpy, more commonly known simply as Wimpy, Popeye’s beloved friend from the iconic comic strip. Wimpy was soft-spoken and intelligent, but also cowardly, lazy, stingy, and gluttonous. A true scam artist, Wimpy usually finagled his favorite meal, a hamburger, from some unsuspecting patron at the local diner. Wimpy’s parsimonious ways [...]

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Are You Afraid Of Money?

It seems there’s a new medical condition introduced every week. Did you know there’s even a condition related to the fear of money? “Chrematophobia” is the abnormal and persistent fear of money, according to WebMD. It comes from the Greek “chrimata” (money) and “phobos” (fear). Some of its symptoms include heart palpitations, anxiety attacks, sweaty [...]

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Retirement’s New Normal

The Great Recession has caused many to rethink their retirement plans. According to TIAA-CREF, the economic downturn has caused 37 percent of Americans to put off retirement. With nest eggs depleted, the prospect of dropping the 9-to-5 grind in favor of leisure and the glory of the golden years is now a distant dream. Recent [...]

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You Might Not Have 'Beat The Market' in 2010

Retirement investors who want investment advice are faced with two basic choices: pay high fees for professional mutual fund managers to beat the market (called “active” investing) or buy low-fee funds that simply own all of the stocks in a given group (“passive” investing). If you have an actively-managed portfolio, it is important to determine [...]

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What A Fool Believes

In their 1978 album, Minute By Minute, the Doobie Brothers tell the tale of a man who is self-deceived, believing a lie of his own fabrication. Somehow, this poor sap has convinced himself that he is a Casanova, the apple of some woman’s eye, when in fact he has never been so much as a blip [...]

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The Yo-Yo Market — Will Your Retirement Plans Meet Your Needs?

Summer is a lazy time of the year, and the market was certainly relaxed until mid-July. The major indices dropped by over 2% as bad news spooked investors. The talking heads in the mainstream media continued blabbing about a double dip recession. Everyone seems to have a macro-economic forecast. A little perspective from Wikipedia shows [...]

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Retirement Planning Is Essential to Retire Rich

Retirement planning is a subject full of irony: the younger you are when you start investing for it, the more likely it is that you’ll retire with plenty. But when we’re young, we tend to care the least about retirement.  Most people under 40 years old don’t even think much about it. Life has more [...]

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Tips to Guide Your Investing Strategy

Tips to help guide investors on their investing strategy run the gamut from how-to build a low-cost ETF portfolio, to how-to construct the proper asset allocation with diversification suited to your financial needs, to how rebalancing a portfolio can maximize returns. A few other noteworthy tips that surfaced recently are highlighted below.  I hope they [...]

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