You and your spouse are 60 years old and have entered retirement. What is it you dream of doing?
Hopefully it is spend as much time together as possible. Experience things you have always… Read More
In the good old days (last year and before), my view of the health insurance industry was… ahem… kind of academic. If asked to comment on the future of health care, I might spout CFP® jargon such as “the law of large losses” and “shared responsibility” to explain why I thought costs were so high, but care standards not always as lofty, and why I anticipated an eventual, near-complete transition of the industry to high-deductible health plans (HDHP).
Safely ensconced in a comprehensive health care policy (read: old-fashioned one that actually pays for health care services), that all seemed to …Read More
One of the common mistakes investors make is that when the equities market declines they exit the market and dump their assets into a money market account. This can be a big mistake in 401(k) for two reasons.
Money Markets are currently paying a very meager interest rate. Many times below 2/10 of a percent. Unfortunately most 401(k) plans have expenses that can be over 1 percent. This means that by keeping an allocation in a Money Market account most 401(k) investors actually lose money, guaranteed, every month.
The second reason is that being “out of the market” can be …Read More
Just when it was safe to go back in the water….The news of Al and Tipper Gore’s impending divorce after 40 years of marriage has made a lot of old married couples look at each other in a new light. Unspoken is the question – Could it happen to us?
I, for one, surely hope my spouse and I can continue to travel through this hectic life and arrive at retirement ready to implement all our grand plans together. After all the ramen dinners, scraping for that first down payment on a house, playing rock-paper-scissors to see who changed the …Read More