A classic retirement planning rule states that you should retire on 80% of the income you earned in your last year of work. Is this old axiom still true, or should it be reconsidered? Some new research suggests that retirees may not need that much annual income to...
[column col=”1/4″] Monthly Quote “Better by far you should forget and smile than you should remember and be sad.” – Christina Rossetti Monthly Tip When starting a business, it is a good idea to have cash savings that will pay for 6 or more...
[column col=”1/4″] Weekly Quote “A tough lesson in life that one has to learn is that not everybody wishes you well” –Dan Rather Weekly Tip Simplify things for your tax preparer or CPA by organizing your financial records into three categories: income...
Investment by Information vs. Instinct When it comes to investing, many people believe they have a “knack” for choosing good investments. But what exactly is that “knack” based on? The fact is, the choices we make with our assets can be strongly influenced by...
[column col=”1/4″] Weekly Quote “We are made to persist. That’s how we find out who we are.” –Tobias Wolff Weekly Tip Once a year, you should look at your insurance policies (life, disability, any others) to see if your coverage has any weak spots. Weekly...
Passive Investing is the NormMost people invest passively. That is, they direct money into an investment account or portfolio that is passively managed. Passive investment management, characterized by long time horizons and very little buying or selling, certainly has...
