Objective information about financial planning, investments, and retirement plans

7 Tips to Become a 401(k) Millionaire

According to Fidelity, the average balance of 401(k) plan participants grew to a record high of $91,300 at the end of 2014.  This data is from plans using the Fidelity platform. According to Fidelity about 72,000 participants had a balance of $1 … [Continue reading]

Robo Advisors – A Brave New World?

The piece below is written by Doug Dahmer and originally appeared under the title “Robo-Advisors” – rise of the machines on Jon Chevreau’s site Financial Independence Hub.  Jon is at the forefront of a movement he calls “Findependence.” … [Continue reading]

What I’m Reading NFL Conference Championship Edition

Its conference championship weekend in the NFL. The winners of the two games on Sunday will play in two weeks in the Super Bowl.  The Indianapolis Colts play the New England Patriots in the late game.  The first game has my beloved Green Bay … [Continue reading]

Are Brokerage Wrap Accounts a Good Idea?

A reader recently emailed a question regarding a brokerage wrap account he had inherited from a relative.   He mentioned that he was being charged a one percent management or wrap fee and also suspected that he was incurring a front-end load on the … [Continue reading]

What I’m Reading NFL Wildcard Edition

Its Wild Card weekend, in plain English the first round of the NFL Playoffs.  The Carolina Panthers are on the verge of beating Arizona in game one.  I’m rooting for the hated Detroit Lions so that my Packers can face the Panthers next weekend at … [Continue reading]