Quote of the day

Loading Quotes...

Leaving a Job? What to do with your 401(k)

I was listening to my local news station when a segment came on, a 5 minute bit of money advice with a local author and financial planner, Jonathan Pond. I like his conservative approach. What's unfortunate is that a quick few minutes to discuss any financial topic is going to miss some important details. In [...]

Retired, with mortgage

I'd always thought, and advised others, that to retire, one should have their mortgage paid in full. And that was always my own plan. But, anyone who knows finance knows that you can't plan on an exact stock market return, you can't plan on your own health being excellent, nor your marriage outlasting your mortgage. [...]

A 401(k) is not an investment

Have I lost my marbles? I hope not. Let me explain by starting with an analogy. There's a difference between treasure and a treasure chest. It's not just a pedantic picking apart of words. Not understanding the  distinction is costing people a lot of money. A 401(k) is a retirement account typically sponsored by an [...]

Save or Pay Off Debt?

If you read enough different Personal Finance blogs, you find that there are a number of popular recurring themes. Ways to save on various purchases, how to plan for retirement, etc. The one that's been haunting me lately is, as the title today says, saving vs paying off debt. There are some obvious choices to [...]

Frontline – The Retirement Gamble

Last February, I asked the question - Are you 401(k)o’ed? I was concerned that my readers might not have been aware of the fees they were paying inside their 401(k) retirement accounts. It seems that this topic has hit the mainstream media, and recently, PBS' Frontline ran their story The Retirement Gamble which you can [...]

← Previous