Objective information about retirement, financial planning and investments

 

New Money Market Rules – How Will They Impact You?

Update 3/22/2020 - This past week the Federal Reserve saw fit to prop-up money market funds in the wake of the economic turmoil from the coronavirus. Its important for investors to understand the rules surrounding any money market fund in which you … [Continue reading]

Five Things to do During a Stock Market Correction

The impact of the coronavirus on the stock market and our economy has been devastating. The major stock market indexes are off 25% or more. This has impacted the investments of all investors. Those nearing or in retirement are really feeling the … [Continue reading]

Annuity Sellers Love Stock Market Turmoil

Update 3/11/2020 - We are in the midst of the worst stock market turmoil since the financial crisis in 2008, due to the coronavirus and related disruptions in the economy. It's times like these that can fuel fear-based selling tactics by many who … [Continue reading]

4 Things To Do When The Stock Market Drops

Update February 24, 2020 approximately 6:00 p.m. – the market closed today with the Dow losing almost 1,032 points or 3.6%. This was the third time in history that the index declined 1,000 or more points in a single day. This is the worst single day … [Continue reading]

Financial Fraud – Tips to Protect Yourself

Update 2/5/2020-Just saw that Bernie Madoff has appealed to be released early from prison due to health reasons. I have very mixed feelings about this given the financial ruin he forced on so many people, I'll leave this to you the reader to form you … [Continue reading]

The Super Bowl and Your Investments

Update: The Chiefs won, time to sell everything. Just kidding, thankfully this indicator has been wrong for the past four years, hopefully this will continue for a fifth straight year. It’s Super Bowl time and once again my beloved Packers are not … [Continue reading]

401(k) Options When Leaving Your Job

Perhaps you are retiring or perhaps you are moving on to another opportunity. Perhaps you were downsized. Whatever the reason, there are many things to do when leaving a job. Don’t neglect your 401(k) plan during this process. With a defined … [Continue reading]

SALT and Your Taxes

One of the big topics again this tax season is SALT. This is not a seasoning for food, but rather SALT stands for state and local taxes. The treatment of these expenses in terms of their deductibility for those who itemize was a major change … [Continue reading]

4 Steps to Make Your 401(k) Work as Hard as You Do

Whether you work as an employee or you are self-employed you work hard for your money. In spite of what was said on PBS Frontline The Retirement Gamble and elsewhere in the press, in my opinion 401(k) plans are one of the best retirement savings … [Continue reading]