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…
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.…
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”…
Financial Literacy Warnings from Establishment Media
I followed a link someone had posted on Facebook. Yes, yes I know it’s often a mistake, but since it mentioned financial literacy—or the lack thereof—why not? The headline, from…
It’s Inevitable: The Government Will Steal Your Savings
Two facts and a rumor: Fact 1: According to the Investment Company Institute, qualified retirement plans , IRAs and 401(k)s, were valued at $15 trillion at last count in 2016.…
Are You a Professional Investor? LOL
Are you a professional investor? No? So why are you investing your savings? A professional investor is one of those crazy day traders with five computer monitors in their attic. …
Is Tax Deferral Really a Benefit?
Like most of us, we do not like paying taxes, wherever our philosophical grounding in that emotion comes from. When presented by our employer, accountant or financial advisor the promise…