All of My Best Observations about Personal Financial Planning
401(k) Plan Design: Why it’s important to employees
Make the decision that you want to be in control of your affairs.
Check Your Social Security Statement!
Inertia can keep employees from taking full advantage of their 401(k) plans. But a strong plan design can make a huge difference to plan participation and employee outcomes.
Beware of Scammers!
A simple error may impact your ability to claim at a particular age and may reduce your benefits.
Change: Working to Manage it Together
Protect yourself and your family from fraud this tax season by familiarizing yourself with some of the tactics used by scammers.
Relocating in Retirement: Practice makes perfect!
Emphasizing the importance of our risk management process.
Ignoring Retirement Is Not a Plan
Retirement relocation is becoming a big business which isn’t exactly surprising, given 10,000 Americans turn 65 each day.
Politics, Money and Two Tips for Staying Calm through the Next 100 Days
Perhaps the most vexing thing about being a 401(k) plan advisor is dealing with the reality that many people have a remarkable lack of interest in planning their retirements.
What Are You Going to Be When You Retire?
A few tips to remember during the first 100 days of any new administration.
The Bipartisan Budget Act of 2015
Having enough money to live on ensures choices, not happiness. Good advisors want to know how you "feel" about your future.
The 4% Rule
Normally, changes to Social Security are introduced through a number of years. This time, the implementation will be rapid.
re(Funding) Our Future
The 4% rule is a good starting point for planning cash flow in retirement-- emphasis on "starting point."
Social Security: Maximize Your Benefit!
Having too much tax withheld—which amounts to an interest-free loan to the government which then has to be paid back—has never made sense to me.
How to Develop a Successful Participant Education Program
The average couple has about 12 different Social Security claiming strategies; unfortunately, most people don’t have a clearly defined plan for their future so they can’t take advantage of those strategies.
What's Your Risk Appetite?
Just as an Investment Policy Statement outlines the investment expectations for the plan, an Education Policy Statement should define the educational intentions of the plan.
Lessons About 401(k) Education
Investing is a lot like sailing: you set a course and adjust for wind and tides.
Find More Money to Invest in Your 401(k) With a DIY Sequester
There's a good chance you've occasionally received emails or other communications at work encouraging you to log on to a company website or attend a meeting hosted by HR people concerning your company 401(k) plan.
Taking Control of Your 401(k) Plan with an IPS
To break with this American tradition and assure a better retirement, you can take a tip from Congress and enact your own personal sequester.
Are Your 401(k) Plan Fees Unreasonable?
A good IPS is a living, breathing document that shifts with long-term investment market trends and changes in employee demographics.
Many plan sponsors have no inkling that their fees may be unreasonable for the services they’re receiving because they don’t even know the amounts involved.