Internet Retirement Police Rule Book

The more I think about retirement, the more I realize it’s a very loose concept. You hear in the media how many Americans can’t afford to retire. If retirement itself isn’t very well defined, what exactly does it mean by saying someone can or can’t retire? Blogger Pete MMM was profiled in a Washington Post […]

Find A Financial Advisor Outside Your Local Area

While looking for a feature photo for my articles on using a financial advisor, I only found ones like this: The pictures show either a couple sitting across the table at the advisor’s office or the advisor coming to their home. The common phrase for working with an advisor is “sit down with an advisor.” […]

Save Money Or Make Money

Starting next week, my weekly digest like this one will move to e-mail delivery only. I’m making this change because I want to populate the blog website with only full-featured articles. Regular articles will still be posted to the blog and included in the RSS feed. Current e-mail subscribers will continue receiving both new blog […]

2013 and 2014 AMT Tax Brackets

Up to the end of 2012, there had been news articles every year saying if Congress didn’t act how many millions of taxpayers would be caught by the Alternative Minimum Tax (AMT). Every year, Congress came to the rescue with a patch, saving those millions of taxpayers from the claws of AMT. They got tired […]

Vanguard Financial Plan Review: (4) Worth It?

This posts concludes my series on the Vanguard financial plan. See previous posts for details about the questionnaire, the written plan, and the consultation. I think it was a good checkup. The recommended portfolio allocation was sound. It provided a good roadmap for getting on the right course. For this reason, it should be done […]

When To Claim Social Security Calculators

Social Security is so complex that a cottage industry has emerged to help figure out when to claim Social Security. Software companies sell their Social Security optimization tools to financial advisors for several hundred dollars a year. Guess where the money ultimately comes from? The end customers of course. If when and how to claim […]

Vanguard Financial Plan Review: (3) The Consultation

I prepared a list of questions after I reviewed the financial plan from the Vanguard advisor. She called me at the appointment time, on time. She also set up a web video conference so that I could see her. According to disclosure documents, the advisor is in her early 30′s, with CFP® credential. She’s been […]

File Your Taxes: Accountant, Software, Or Online?

How do you prepare and file your taxes? Do you pay a person, install software on your computer, or do you do it online? Tax Preparer If you use software, either installed on your own computer or online, you are actually in the minority. IRS statistics show that 59% of individual taxpayers pay a tax […]

Vanguard Financial Plan Review: (2) The Plan

I received the financial plan from the Vanguard advisor a week after I submitted the questionnaire. The plan was for my review before a 45-minute appointment with the advisor. As I understand it, the advisor would be able to make adjustments and create the final plan based on our conversation. What’s In The Plan Here’s […]