You’re paying fees to invest. Even if you don’t think you’re paying fees to invest, you are still paying fees to invest. All mutual funds and all exchange traded funds (ETFs) have management fees called expense ratios. It is okay […]
Kids and Money… Part I
Many of you have kids. And if you don’t have kids you probably have nieces or nephews or close friends with kids. There is very little education about personal finance in our public education system. That leaves parents, grandparents, friends, […]
Can one change in your retirement planning save you over $100,000?
What would you do with an extra $100,000 during retirement? What could you do? – Travel more – Pay for grandchildren to go to college – Buy a ‘Dream’ car – Give more to charity – Pay for a large […]
Should Centenarians Influence Your Retirement Planning?
Even though life expectancy in the United States has been pretty consistent over the last few years, centenarians are the fastest growing age group in the United States. What’s a centenarian? A centenarian is a person who is over 100 […]
Could You Save $500 a Year on Your Next Car?
Most families in the U.S. need at least one car. You could make a strong case that most families need two cars. Have you ever stopped to really think: What is the purpose of your car, truck, or SUV? For […]
How Should You Save For Retirement?
In the last post, I covered how fees can eat into your returns, especially over the long-term. Today, I’ll cover contributions to retirement accounts. With retirement savings, we have to dig a little deeper because of the different options […]