What we’ve talked about in Part I & II is a basic application of the time value of money, given today’s interest rates. So, is it time to take up boozing, smoking and to hell with the exercise bike? Maybe. As a financial advisor, I can provide you with reams of data that suggest, over …
Continue reading What Does Retirement Really Cost? – Part III
Here is your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help those of you who want to manage your own money. Stay informed about important developments in economics and the markets. CONTINUE HERE...
Earlier, in Part I, I referenced an idea that came from Moshe Milevsky. The central question he posed was “Do I have enough...or will I live longer than my money?” This is a particularly vexing question. It's one of those riddles wrapped in an enigma, to which it is impossible to provide a fully satisfying …
Continue reading What Does Retirement Really Cost? – Part II
In a perfect world, all of us would make lots of money, have been smart enough to accumulate successfully during our working years, and now, with good health, enjoy our lives with close friends, with family, and with lots of energy. Hah! Here is a list someone has created describing the 10 Sources of Retirement …
This is a question that surfaces in one form or another in virtually every conversation I have with a client or prospective client. The central point is that no one knows. How's that for insight? "Retirement" is that point in your life when you stop working for money and whatever money you have accumulated has …
Three organizing ideas and five policy ideas that could make the protests even more successful. By Eliot Spitzer | Posted Friday, Nov. 4, 2011, at 2:50 PM ET This is the question frequently—and properly—asked of Occupy Wall Street and its fans. Those of us who have written and spoken vigorously in support of OWS and …
As of 2011, The Investment Company Institute reports that the 401(k) plan retirement system holds over $3,000 billion in assets, over 50% of which are found in stock-based mutual funds. Despite their popular use, many investors are uncomfortable with them and unfamiliar with the "rules of the road" when it comes to the proper care …
Continue reading Top 5 Critical Retirement Plan Mistakes To Avoid
By Edward Luce A driver is stuck in a jam in Washington. A man knocks on his window: “Terrorists have kidnapped Congress, and they’re asking for $100m otherwise they’ll burn them with gasoline,” the man says. “We’re going from car to car to get donations.” What are people giving on …
By Liz Ann Sonders - Senior Vice-President and Chief Investment Strategist at Charles Schwab Today, housing represents a record low of US gross domestic product at about 2 per cent compared with more than 6 per cent at its 2005 peak. But the psychological impact of housing on individuals, the stock market and the broader …
Continue reading Time for Policymakers to Get Real on US Housing
By Laszlo Birinyi The S&P 500 has been perilously close to a 20 per cent decline in recent weeks which would, by definition, terminate the bull market which began in March 2009. Given the economic circumstances and the continuing political turmoil on both sides of the Atlantic, most commentators believe it is only a matter …
Continue reading Reasons to Be Bullish, But With a Lower Case ‘b’
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