The second part of the Asset Rich Income Poor strategy is relatively easy when you get overpaid, uh, increase the value, for what you do. I wrote about the basics in 3 Secrets to a Fat 401k. To achieve Asset Rich, we need to work on these 3 factors: the amount you invest; the rate […]
Financial Planning When You Don’t Know the Future
On my way to work I see a sign for a psychic. It’s been there forever. I wonder how a psychic stays in business. Low overhead, I guess. When I hike during the weekend, I listen to The Clark Howard Show on podcast. Clark Howard is a personal finance guru on radio and television, based […]
Three Secrets To A Fat 401k
Making your 401k work as well as a pension is not rocket science.
Sitting Out the Roth IRA Movement Party
I woke up this morning hearing there’s a Roth IRA Movement going on in the bloggers circle. I don’t have anything prepared, except I want to remind everyone not to forget The Forgotten Deductible IRA. Roth IRA is great if you aren’t eligible for a tax deduction for contributing to a traditional IRA, meaning you […]
Retirement Income: OAS and CPP in Canada vs Social Security in US
Canada’s retirement programs OAS and CPP have a much better setup than Social Security in the US.