Remembrance of Taxes Past
The week preceding April 15 is hardly joyous for most Americans. For those willingly or otherwise attempting to save for retirement in a plan like an IRA, we should take…
Worried about your 401(k) or IRA? Las Vegas Informs Us Again
As often as I have compared having one's retirement in the stock market to playing in Las Vegas, there are some positive practices that we can use. Behind all successful…
Opportunity? Really?
Lately, my social media has been chock full of suspicious investment “opportunities” Here’s how to tell when one really isn’t. If at any time you see or hear the words,…
The SECURE Act, a.k.a. Yet Another Change to Qualified Plans
In this video, I discuss the SECURE Act, which became effective in 2020, and a comparison to another bad actor to deal with. https://youtu.be/DOanEgMk85s
The Difference Between Gain and Return
One of my Nash Institute colleagues was exploring 401(k) retirement plan returns. He learned from the retirement analysis chief at the Government Accounting Office that they “don’t maintain that information”,…
The Darkness at the End of the Social Security Tunnel
Here's a fun read. The Board of Trustees for the Social Security and Medicare programs in the United States just released their annual report. You can read it yourself here…
You Just Lost Every Dime of Your Savings Growth This Year
Let’s review why using Wall Street as a savings plan is a bad idea. As of this writing, the S&P 500 is down 9.4 percent in three weeks, with two…
Tony Robbins Is Wrong Again, Darn It
Tony Robbins, the creator of the modern motivation industry, has authored a second book on money, called Unshakable. I won’t include the link here because I have not read it,…
Why Financial Planning IS Like Rocket Science
That title is not clickbait. I am dead serious and will show you why. My resume is a bit different from most people in financial planning. It includes “Rocket Scientist”…
Privatized Banking Solves the Student Loan Crisis
Make no mistake, student loans are the new indentured servitude (aka “slavery”). Like an IRS bill, there is no escaping a student loan via bankruptcy. Perhaps in response to this…