Tag Archives: Retirement
You have worked most of your life and now it’s time to start looking at the next phase. How do you do that?
The first thing you need to do is picture what your retirement will look like—if you’re going … Read more
Gender financial stereotypes abound. Women are risk-averse—to their detriment! Overconfident men trade more—to their detriment!
In the 1970s, nothing was scarier than walking around New York City. You know, all those alligators in the sewer.
And if a murderous reptile didn’t attack you from an open manhole, you had to worry about the killer bees … Read more
In most areas of life, it’s often best if we ignore the little things that we typically can’t control, such as traffic on the way to work or rain on your wedding day. However, in my opinion, you should sweat … Read more
Over the course of your lifetime, you’ve likely done some planning to reach your goals–getting accepted to the college of your choice, starting your first “real” job, buying your first home, saving for your future (retirement, children’s education, etc.). You’ve … Read more
In the early 1990s, I studied for the Chartered Financial Analyst® (CFA®) exams. From March to June, I’d lock the television in the closet and spend my evenings with some of the driest reading material ever committed to the page.… Read more
Paul Volcker, the former Federal Reserve chairman, famously said in 2009 that the most important financial innovation over the past 20 years was the invention of the ATM. Perhaps if he had looked back an additional 20 years, he might … Read more
Our mothers always taught us that “everyone else is doing it” isn’t a good reason to do something. But when it comes to IRA contributions, it looks like “everyone else” may actually be right.
Retirement is expensive. IRAs are one … Read more
If you’re not a retirement savings “geek” like me, you may have missed the news that the IRS increased contribution limits for IRAs this year. It’s the first increase we’ve seen since 2008. In 2013, the limits increase to $5,500 … Read more