Retirement
How do I keep from becoming financial “Road Kill?”
Financial road kill … what’s that? I call it the “deer in the headlights” syndrome. For some reason, a deer can become mesmerized by oncoming car headlights. The deer then just stands in the middle of the road staring at the headlights – frozen – waiting for the deadly collision. Well, I wonder if I’m […]
Why is JP Morgan so concerned about your financial future?
Is JP Morgan concerned about your financial future? They must be. After all, they put out an article with the headline, “Every 25 Year-Old American Should See This Chart.” The article goes on to sell you on how compound interest works and the earlier you invest, the more money you’ll have in retirement. Bottom line, […]
Traditional Retirement Plans: Other options?
So, if traditional retirement plans aren’t the way to go, what is? (See my article Traditional Retirement Plans: 3 Fatal Flaws to find out why I believe these plans are not going to cut it when it comes to your financial future.) What other options are available? Well, when looking for other options, I would […]
Traditional Retirement Plans: 3 Fatal Flaws
I’ve discovered 3 fatal flaws with most traditional retirement plans. Before I discuss these 3 flaws, let’s get a working definition for “traditional retirement plans.” For our discussion, I’m talking about your straight up and down varieties as follows: Pension Sponsored retirement savings plan (e.g. 401k, superannuation) Individual Retirement Account (IRA) Did I miss any? […]