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Risk versus Security and your money.

The terms risk and security are heard a lot when discussing money. Most people think of risk as the value of money going up or down, and usually down coming to mind when associated with risk. Security may be thought of as the ability to spend on things important to you, what those important things […]

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You’d never guess what factor is most important for retirement income!

You’d never guess what factor is most important for retirement income!

What is the most sensitive factor in the computation of retirement income? Time! It is the one input that is largely ignored. Time … or better said, aging …  has succumbed through the common use of a fixed age such as 95 or 100. You may click on the graph to enlarge it (hold shift key […]

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How safe is your IRA? Not from the markets, but from the State!

I discussed how inheritances can go amuck and the heirs don’t get the inheritance – the State does. This can happen while you’re still alive too! Did you know that the State can claim your IRA (or any account for that matter) due to inactivity?   A couple of articles to drive the issue home: Protect client […]

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How does a minor get Social Security?

Your child, or grandchild is a minor. When a child is entitled to Social Security benefits, the Social Security Administration (SSA) will appoint a representative payee to receive benefits on behalf of the child. Usually this is the parent. The representative payee collects the benefits and pays the child’s living expenses until the child turns 18 […]

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Online tools to cut costs of college … & why?

Many people evaluate costs of college simply by looking at PRICE (a.k.a. tuition). However, there is more to costs of education than price. Graduation Rates Now, when you think of graduation rates, you might blame the students for not buckling down and being studious enough to graduate in the traditional four years. But, this may […]

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Medical Identity Theft – why you should be vigilant!

Most people think of identity theft as having something to do with finances. Medical identity theft is not on people’s minds. It should be! Why? Your personal health insurance information can be used by thieves to steal expensive medical services like surgeries, expensive prescription drugs, medical equipment or devices. It could be used to falsify […]

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Why you may get different numbers -The Mathematics of Investing.

The imbedded report is a handy reference for those who want to calculate their own investment metrics such as yield and annual return. However, I must state … with important caveats. I would caution that calculating your own returns is fraught with miscalculations and misinterpretations! For example this article “Understanding the Link Between Volatility and Compound Returns” […]

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The cost of indexing – and an approach how to reduce those costs

There is a cost to indexing that most investors are unaware of. It is called “reconstitution.” What is reconstitution and how may the costs involved be solved? What is an index? An index tracks changes in the markets – think of it kind of like a weather barometer. The first article below discusses how the reconstitution effect […]

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Social Security as Longevity Insurance

Most people look at the benefits they would receive today when making their decision about when to begin receiving their Social Security. They also underestimate how long they may live unless they already have medical issues that are known to reduce longevity. These two impulses cause many couples to begin their benefits too early which […]

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Investor Discipline – What’s that?

This brief slideshow discusses some elements necessary to recognize that our emotions and reactions to investing and markets often hurt results. Our brains are NOT wired for investing. Discipline and a focus on what you can control are important to success. There is an investing approach that is based on discipline and evidence from research in […]

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