Objective information about financial planning, investments, and retirement plans

Should You Wait Until Age 70 to Collect Social Security?

This post was written by financial planner Daniel Zajac.  The decision to start or delay Social Security is a big one, one that may materially impact retirement success or failure. Because it is so important to retirement success, it bothers me … [Continue reading]

American’s Attitudes About Their Money

Americans have varying attitudes about their money. The infographic below sheds light on our attitutudes about our finances across various demographic lines including age and income level. Please take a look and see how your attitudes about your … [Continue reading]

What I’m Reading – NFL 2015 Season Opener Edition

I write this on a sad date, September 11. The morning of September 11, 2001 I was waking up in a hotel room in Clinton, IA and would be doing an employee benefits seminar for Ernst & Young later in the day. The first plane hit the tower and the … [Continue reading]

Financial Planning Steps for the rest of 2015

Labor Day is here and the college football season started with our local Big 10 team Northwestern scoring an upset win over a ranked Stanford team. Next weekend is the first full weekend of NFL football with my Green Bay Packers visiting Soldier … [Continue reading]

Annuity Sellers Love Stock Market Turmoil

We experienced our first major stock market correction in several years earlier this week. As I write this the market is recovering but who knows where things will go. Just like clockwork if we see a prolonged period of volatility you can count on … [Continue reading]

The Risks of Too Much Company Stock in Your 401(k) Plan

Retirement plan sponsors are starting to get it, requiring 401(k) participants to hold company stock in their accounts exposes them to major fiduciary liability if the stock price tanks. That said it is still an option in many 401(k) … [Continue reading]

How Much Apple Stock Do You Really Own?

Apple (AAPL) stock has been a great investment over the years. Based upon its stock price and the number of shares outstanding it is the largest U.S stock based upon market capitalization.  This means it is the largest holding in popular index … [Continue reading]

Reader Question: Do I Really Need a Financial Advisor?

This question came from a reader who is around 60, works for a major corporation and has retirement assets in neighborhood of $1 million.  He indicated he is looking to either retire or be able to retire in the near future.  His question was in … [Continue reading]

Small Business Retirement Plans – SEP-IRA vs. Solo 401(k) 2015 Update

This is an update of one of the most popular posts on this blog Small Business Retirement Plans – SEP-IRA vs. Solo 401(k) revised to reflect contribution limits for 2015.  As a business owner it is up to you to save for your own retirement.  Both … [Continue reading]