Gen Y Retirement Savings Goal: $2 Million?
Mon, 08/25/14 | 10 Comments

According to 77% of 226 investment advisors, in a recent survey, the low bar for what Gen Y should save for retirement is $2 million.
One author and investment firm president was quoted as prescribing,
“For a …

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A Mandatory Exercise in Tracking your Personal Finances
May 5, 2014 | 11 Comments
A Mandatory Exercise in Tracking your Personal Finances

As my income has grown, expenses have declined, and I’ve grown more and more in tune with my personal finances and long-term goals – an interesting and ironic thing has happened.
Time has seemingly slowed WAAAAY …

Max Out your 401k Early in the Year for Better Returns?
April 30, 2014 | 31 Comments
Max Out your 401k Early in the Year for Better Returns?

I was recently approached by a longtime reader with a seemingly random question,
“Is it better to max out your 401k each year as soon as possible?”
Upon digging a little deeper, I found out that a …

Vanguard has 3 S&P 500 Index Funds. How do you Choose?
April 28, 2014 | 20 Comments
Vanguard has 3 S&P 500 Index Funds. How do you Choose?

I’m a big fan of passive index investing, where you basically pile all of your investments in to index funds and don’t try to time the market. For the amateur investor, it is hard to …

Nominate An Item that is Most Symbolic of Consumerism Gone Wrong
April 23, 2014 | 48 Comments
Nominate An Item that is Most Symbolic of Consumerism Gone Wrong

I have been trying to think of an item that perfectly symbolizes consumerism gone wrong.
You know, those things that are just absolutely unnecessary, wasteful, atrocious inventions.
I need your help.
It’s tough. Everywhere you look, there are …

Self-Employed Retirement Plan Faceoff: SEP IRA vs Solo 401k vs SIMPLE IRA
April 21, 2014 | 4 Comments
Self-Employed Retirement Plan Faceoff: SEP IRA vs Solo 401k vs SIMPLE IRA

While completing my taxes this year, I started noticing that I would have a sizable tax bill due from self-employment income unless I found a way to reduce my taxable income.
Our (my wife and I …

Healthcare.gov Open Enrollment is Over. What if I Need Insurance NOW?
April 16, 2014 | 7 Comments
Healthcare.gov Open Enrollment is Over. What if I Need Insurance NOW?

One of the biggest selling points of the Affordable Care Act was that it would allow millions who previously had not had insurance to get affordable insurance through a public health insurance exchange. The biggest …


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