By Michael Moran Much has been made of the depth of the economic crisis facing the United States, and it should not be underestimated. But only about 30 percent of the trouble facing the U.S. today is economic -- the U.S. economy, compared with all the other developed economies, is in the best structural and …
Category: Retirement Planning
Ideas to help preserve and grow your money
A Healthy Dose of Reality
Paying for healthcare was the primary topic of a recent issue of Financial Planning magazine. When it comes to retirements, we assume that each of us will qualify for Medicare. For those of us already qualified, Medicare is a lifesaver, no pun intended. But... When we are young and feeling good, we take our health …
Weekly Market Recap – 05DEC11
Check here for your weekly market recap from J.P. Morgan.
Volatility Not Markets’ Fault And It’s Not Going Away
By Tom Steinert-Threlkeld The volatility seen in stock markets this year has been high. And it will continue. But it may not be that unprecedented, according to Joseph Mecane, chief administrative officer for U.S. markets of NYSE Euronext. Take August, he told professionals gathered at the Marriott Marquis hotel in New York for the …
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Fidelity: 401(k) Balances Drop 12% in 3Q
(I don’t know about you but I’m getting really tired of all the woe and gloom that pervades our lives. At first glance, this post is much the same. But if you get to the end and have time, watch the presentation I created by clicking on the last line. For me its a ray …
Obama Health Care Law Has Unexpected Beneficiaries
WASHINGTON (AP) — Some of the money from President Barack Obama's health care law is flowing to places you might not expect. Two Texas public employee programs are among the top 25 beneficiaries of a $5-billion fund to shore up employer coverage for early retirees, despite Texas Gov. Rick Perry's vow to repeal what Republicans …
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What Does Retirement Really Cost? – Part III
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 …
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What Does Retirement Really Cost? – Part II
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 …
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10 Sources of Retirement Income
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 …
What Does Retirement Really Cost? – Part I
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 …
Helping Define Your Financial Future 