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Your retirement isn’t all about your finances. I regularly try to stress that point. Financial security and knowing you have a plan increase your options and peace of mind. But how you spend your time is critical to whether you are happy and have a successful retirement. Another key ?soft? aspect of your plan is […]
October 31, 2011 12:15 p.m. Your Retirement Finance Week in Review Last week was a wild, euphoric one in the markets, and it capped off a great month for equity investors. Stocks had their best month since 1974. The major indexes rose over 12%. A collection of good news hit the market recently. Of course, […]
One thing usually happens in times of crisis. You can use this to identify a bad market from a period of serious system wide financial stress. In a crisis, investors sell off all risky assets and seek only safe havens. In investment geek terms, all correlations go to one. We’re seeing that now. The final […]
August 26, 2011 12:45 p.m. Your Retirement Finance Week in Review It’s up to Congress now. That’s the word from Ben Bernanke in his much-anticipated speech Friday in Jackson Hole, Wyoming. A few people circulated rumors earlier in the week that the Fed chairman would announce a new round of quantitative easing, and that caused […]
Scam artists are creative, always changing their schemes to avoid the latest road blocks put in their paths. For example, the Federal Trade Commission reports that identity theft still is the number one consumer scam complaint, but there are some changes from the past. Since the older segment of the population most often is the […]
Every government program has its technical requirements and details. Make a mistake or overlook a key point, and you lose some benefits or pay a penalty. Medicare is no different, but the consequences of an error can be very expensive. Here are some frequent mistakes to avoid. Medicare wants you to sign up when you’re […]
January 31, 2011 09:45 a.m. Egypt and Your Money At the world leaders conference in Davos, Switzerland last week, an interesting comment was made by Kenneth Rogoff, co-author of This Time Is Different: Eight Centuries of Financial Folly. Rogoff, who has been saying that it takes a decade or more to begin recovering from a […]
Most people begin taking Social Security retirement benefits at the wrong time. The decision can cost them and their survivors quite a bit of money over their lifetimes. It’s not surprising. Several factors must be considered to make the right choice, and some key elements changed over the years. A majority of people claim Social […]
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