Over the last month or so, several folks have asked Don and me several questions regarding taxes, retirement savings, and the tax issues associated with drawing money out of a retirement account. Although I’m sure you’ve heard myths and all the long-standing...
For a happier retirement, the key isn’t how much free time you have to spend, it’s how you manage whatever free time you have. That’s the conclusion of a fascinating new study about time management in retirement I think is worth heeding. Earlier research has found...
When Sherry Lansing, the former chairwoman of Paramount Pictures, decided to end a 40-year career in the rough-and-tumble of Hollywood, the question she faced was where to direct all the energy and drive that had propelled her to the top of the industry. Lounging...
What comes to mind when you hear the name Warren Buffett – investor, mutual fund manager, CEO, entrepreneur, stock picker, philanthropist, or billionaire? Or maybe something else comes to mind? Whatever you think, one thing is clear: he has made a lot of money...
Christine Salerno is like many other single working mothers with small children, but her days are often packed with even more emotional highs and lows: Her 4-year-old daughter, Lily, with soft brown eyes and a wide smile, was found to have Rett syndrome, a rare...
Monday, March 9 is the sixth anniversary of the S&P 500 hitting bottom after dropping over 57% from peak-to-trough over the previous 17 months. In other words, from October 2007 to March 2009 the market dropped 57% and then for no reason anyone can identify and...
The January Barometer Historically, the S&P 500 performance in the first month of the year has an 88% chance of indicating where the index will end the year, according to Stock Trader’s Almanac. Since 1950 there have been only 8 years the trend didn’t hold....
Most of us want goals to shoot for, but all too often we pick the wrong ones. Earlier this month, Adam Nash, the chief executive of Wealthfront, explained the strange way this tends to happen at work. In a Corner Office column, he told my colleague Adam Bryant that if...
Since January 2, we have received a deluge of "annual updates" showing where folks should have invested last year. Just when some of us are starting a new year filled with confidence, hope, and faith in a new year, and maybe with passion for new resolutions, we now...
What do you own and what do you owe? To figure out where you stand financially, you need to know your net worth — and yet that number is surprisingly difficult to calculate. Your assets are more than just your home and your investments, while your liabilities extend...