Follow a philosophy so that there is always a smart place to get money
Read More...Preparing to Retire – Wealth Management Carnival #12
Today’s carnival is all about retirement: saving for it, where to open accounts, how much to withdraw once you do retire, and more. Read on for more details!
Read More...CPI Inflation Rate Calculator (Experienced vs. Reported)
Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences? The problem lies in biased and often-manipulated government reporting.
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10 Best Places to Retire Abroad
If you like stable governments, low crime rates, socializing, great food, wine, culture and the dependability of developed countries, this list is for you
Read More...Medicare Advantage Plans: Are They For You?
Those planning to enroll in Medicare have lots of homework to do. In this article I cover the essential benefits of Medicare Advantage which is the private insurance option for Medicare recipients.
Read More...How Manipulations to the CPI Affect Your Retirement Planning
Retirees must plan to supplement this slowly dwindling paycheck or risk having to make hard sacrifices during what is supposed to be their golden years.
Read More...Greenspan, Friedman, Keynes and Lenin All Agree on Inflation
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” – Vladimir Lenin.
Read More...Age 65 and Still Working: Sign Up For Medicare?
Is Medicare better than your current employer health plan? Signing up for Medicare is the right decision for many who stay on the job. With one exception, everyone who is eligible should sign up for Part A.
Read More...Securing Your Retirement or Working During Your Retirement
Securing your retirement financially is too important to leave the process up to chance and guessing.
Read More...The ABCs and Part D of Medicare
As seniors approach age 65, they face a matrix of confusing Medicare options. Planning for health care expenses in retirement is one of the largest hurdles that new retirees face.
Read More...Three Reasons Husbands Should Delay Taking Social Security Until Age 69 or 70
Most married men claim Social Security at age 62 or 63, which leaves their future income well shy of what research indicates is optimal. Gentlemen, it’s time to wise up.
Read More...Five Things Advisors Should Tell Clients About Retirement, But Often Don’t
“Retirement today is a lot like an iceberg, where 90 percent of what’s really taking place is below the surface.”
Read More...Big Mac Index Shows Official CPI Underreports Inflation
The lack of an adequate CPI adjustments leave seniors 71 days shy of a year’s worth of lovin’ it. Seniors deserve a break today!
Read More...Social Security goes fully paperless
You should claim your own Social Security account online and give it a secure password before someone else does.
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Live Long and Prosper
It’s not just Mister Spock who is living a long life. Japanese Jiroemon Kimura’s nearly 116 years, making him the oldest man in modern recorded history, is a reminder to have a retirement income plan that will last over the long haul.
Read More...Is Your 401(k) Holding Too Much Company Stock?
Following the holiday season, many will feel the effects of overindulging on festive sweets. It turns out that your 401(k) also suffers when indulging on too much of a good thing.
Read More...Threats to a fulfilling retirement
“Inflation and loss of capital pose dangers to retirees seeking a sustainable income stream.”
Read More...Success and Significance in Retirement
Most Americans fail to plan adequately for retirement. As a result, they often miss out on opportunities to enjoy the second half of life.
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Last Chance for a Roth Conversion during 2012
While Roth conversions will be advantageous for some next year, they are advantageous for nearly everyone in 2012.
Read More...Contributing to Multiple Retirement Plans ($ ?s)
This article reviews the coordination rules which govern the maximum contributions to 457, 401(k) and Thrift Savings Plan. Information on 403(b) plan maximums is also included.
Read More...New 401(k) and IRA Limits for 2013
It’s time to consider adjusting your retirement savings. The Internal Revenue Service recently issued a variety of inflation adjustments for 2013, and retirement savers can now save even more.
Read More...How Much Should I Have Saved Toward Retirement?
Measuring progress regularly on the path toward retirement is critical. Fall too far behind, and you risk not being able to save enough to catch up. There is no downside to arriving early.
Read More...How Much Should I Save Toward Retirement If I’m Starting Late?
Knowing how much you should save for retirement is critical. But what if you are late getting started? The longer you delay, the shorter the time that compound interest can do its magic on your savings.
Read More...Suddenly Wealthy
Studies show that onetime windfalls can actually impoverish you. They make you feel rich, which inevitably leads to overspending. But wealth is what you save, not what you spend.
Read More...How Much Should I Save for Retirement?
You should save 15% of your take-home pay for retirement over your working career. As your situation varies, you must adjust your safe savings rate.
Read More...$ ?s: Can Social Security Checks Be Mailed To Foreign Soil?
It is estimated that as many as 40,000 American citizens reside in Costa Rica, and many are retirees who are stretching the purchasing power of their Social Security paychecks.
Read More...Doctors need financial planning help, too…
How is the ‘financial health’ of most physicians? Most physicians put in long hours and due to lack of time neglect their own financial and retirement planning.
Read More...Our grandparents would say ‘Duh!’
“In this [new investment reality] environment, near-term inflation is not likely to be much of a concern. The challenge will be to adapt to possible lower total portfolio returns. “
Read More...Fund a Teenager’s Million-Dollar Retirement
We teach teenagers a lot more about sexuality than we do about money. This can confuse them about what they should be learning. Give this article to a teenager and encourage him or her to start a Roth IRA.
Read More...Radio: Social Security
David John Marotta and Matthew Illian were interviewed on radio 1070 WINA’s Schilling Show discussing Social Security and how to get the most from filing at the right time.
Read More...Social Security Time Machine Opens Door for Retroactive Benefits
I highlight several options, often overlooked, to claim retroactive Social Security benefits. Some retirees will find it beneficial to turn back the clock in order to receive large one-time checks when they first file.
Read More...Three Questions to Ask Before Establishing a New Company Retirement Plan
Here are three questions that every small business owner should answer before establishing a new retirement plan.
Read More...Aiming For Advisors
I read a number of articles touting the growth and “advantages” of annuities. Personally, I’ve never met an annuity I liked.
Read More...Social Security Planning from the 2012 January / February issue of Planning Perspectives
“Deciding when to take Social Security benefits is critically important to maximizing long-term benefits. Benefits may be claimed as early as age 62, or as late as 70.”
Read More...Gain $152,000 by Smart Filing for Social Security
Social Security benefits can represent a big stack of cash. A typical monthly benefit of $2,200 has a present value well over $500,000. Consider all your Social Security options carefully to avoid making a costly mistake.
Read More...Women are more afraid of becoming “bag ladies” than men
Women are more afraid of becoming “bag ladies” than men, and it makes them approach investing and saving for retirement differently, assuming they have managed to tackle either of those chores.
Read More...Stop Saving
It is better that you stop saving and use that money to do some of the things you’ve been longing to do, than it is to quit your job and retire early because you think that is the only way you can achieve your goals.
Read More...Compute Your Net Worth Once a Year – 2012
Computing your net worth annually is like taking a sextant reading to chart your course toward financial security. Net worth gives you a snapshot of how much money would be left if you converted everything you owned into cash and paid off all your debts.
Read More...$ ?s: Accessing 401(k) funds when disaster strikes
Q:What advice can you offer for how to go about accessing retirement funds after a hardship?
Read More...Seven Financial Resolutions for the New Year 2011-2012
Financial resolutions usually don’t even last until the end of January. Making a permanent change in our behavior requires both time and a steely resolve. We can only develop financial character one action at a time. Here are seven practices to take you from pauper to prince or princess if you add one each year.
Read More...$ ?s: Am I on Track to Retire at 65?
I’m turning 45 this year and the reality is hitting me that I am now about halfway through my working career. Am I on track to retire at age 65?
Read More...Mailbag: Which of these 401k investment choices do you recommend?
I’m in my 20s and I’m just getting started in the working world. Which of the attached 401k investment choices do you recommend?
Read More...Mailbag: Which investments should I fund first?
I’m in my 20s and I’m just getting started in the working world. I would love to start funding my Roth and 401K, but I have no idea where to begin!
Read More...Roth Regrets? Still Time to Change
David John Marotta was featured in a Wall Street Journal article about the upcoming Roth recharacterization deadline.
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