Archive - September 2016

1
How to Navigate the Pending Retirement Crisis
2
Financial Advice from a Yoga Instructor
3
The Third Most Important Factor to Investing Success
4
How to tap Your Retirement Savings Penalty-Free
5
How to Pay Off Students Loans and Save for Retirement

How to Navigate the Pending Retirement Crisis

By Eve Kaplan, CFP®

Are you tired of hearing about the pending retirement crisis –because you’ve heard about it so much, it’s boring and you think it doesn’t apply to you? You might be in your 70s or 80s before you realize all that “yadda yadda” about “planning” and “saving” actually did apply to you after all…

Of the 10,000 baby boomers turning 65 each day, do you fall into Group 1 or Group 2? Group 1, nearly two-thirds of the 10,000 daily, will rely on Social Security as a major source of income. Group 1 already may be in …

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Financial Advice from a Yoga Instructor

Would you take financial advice from a yoga instructor?

In a Sydney Morning Herald article that mentions her business aimed at helping women do more financial planning, Lea Schodel, an Australian yoga instructor and financial planner says something very important:

“Women are so willing to invest time in yoga, pilates and other forms of self-care, but they don’t realise how much financial stress can undermine all that,” she said.

You may be thinking that you need the yoga class to relieve the stress you feel about making ends meet and while we wouldn’t deny you that, would you also …

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The Third Most Important Factor to Investing Success

Most Important Factor and the Second Most Important Factor to Investing Success. Continuing this streak I’ll give you the third most important factor to investing success: Leave it alone.

To recap: The most important factor is to continuously save and add to your nest egg over your career; the second factor is allocation – make sure you’re investing in a diversified allocation that will grow over time.

The third most important factor to investing success: Once you’ve started investing, leave it alone. Resist the temptation to sell off the component of your allocation plan that’s lagging; the reason

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How to tap Your Retirement Savings Penalty-Free

This article was originally published by Vid Ponnapalli on

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Saving for retirement is an important financial goal, but many people struggle with it. Some are concerned that it means locking up funds and making them inaccessible for other financial goals. But this, in fact, is a myth.

For example, a young 28-year-old entrepreneur once asked me if she could use some of these funds towards down payment for her first home. A 40-year old mid-career professional wondered if he could use any of his retirement money for college costs for his children. And a 56-year old individual, who lost …

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How to Pay Off Students Loans and Save for Retirement

Very often in my classes I get asked the question “What should I do first, pay off student loans or save for retirement?” My goal is to give some perspective on approaching these two very important issues.

Generally, holding student loans and making the minimum payments can lead to an unnecessary amount of interest being paid. For example, if an individual has a student loan at 6%, then that loan is earning 6% but for the lender not for the student. Many individuals find themselves wanting to pay off their student loans as quickly as possible.

On the other hand, …

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