Life insurance is an essential financial tool that provides protection and financial security for your loved ones in the event of your death. Many individuals obtain life insurance coverage through their employers as part of their employee benefits package. However, what happens to your life insurance...
But what if you are not the only source of income for your family? Truth be told, I am not retiring, I am going to be a stay-at-home dad and my wife will continue to work. She makes more than enough to support our young family. So, the retirement police can call me a stay-at...
Below we'll explore the lifestyle of a typical household earning $1 million a year living in New York City. A family anonymously shared with me their expenses, and I've done my best to tell their story without sharing their exact details. This post will give you a taste of what it's...
“Life is what happens to you while you’re busy making other plans,” and let’s just say I’ve been a bit busy : ) I will talk more about my work helping fund life saving research, my sons advancement into this world and of course the Colorado Rockies among so many other things....
If you find yourself asking “When can I start to enjoy my money?” remember that the answer is either “right now” or “never” depending on what you mean by the question. But don't forget toloosen up the purse stringseventually. Your hearse won't have a trailer hitch, and if you...
“I don’t want to sugarcoat anything,”Seeling said.“We are facing decades without significant turnarounds in assets, decades of — what I, my personal words, nobody else’s — unsustainable pension costs of between 25 percent of pay for a miscellaneous plan and 40 to 50 percent of pa...
Live by the technological sword, die by the sword. Bogus! But, my super shopper sister bought clothing. Quicksilver, Aeropostale, DC, Roxy, Delias, Pacsun. People won’t ever stop going to malls to buy clothing, right? Wrong! 3 years ago I bought a “mall basket” of the great ...
There isn’t one single generally accepted small-cap index. Bengen displays data for a portfolio with 30% large-cap stocks, 20% small-cap stocks, and 50% intermediate Treasury bonds. In my own simulations, I rely on the Fama-French SMB factor (SMB) to simulate small-cap stocks. The way...
I even tried to talk him out of buying it but that was the only thing that would make him and his wife feel safe (he had a bad experience with a previous advisor). If a guaranteed is what you’re after, an annuity might make the most sense. ...