Money Clinic: Trick or Treat?

I frequently talk about following “the rules” when it comes to money management. While you should adhere to most of the essential rules, there are times when it makes sense to break them – or at least bend them. There are certain maxims that are distilled upon unsuspecting consumers by financial institutions that are proffered […]
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Money Clinic: The Purpose of the Money Dictates Where You Put It

Studies show that we are living longer and retiring later, but too many of us are not adequately preparing for retirement. For many, working longer seems to be the new retirement strategy. That’s not a bad plan if you really enjoy your work. However, wouldn’t it be nice to enjoy a nice vacation every year […]
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Money Clinic: Why are You Buying?

Starved for yield, many investors are being forced to choose investments by matching expected yields with their income needs, while ignoring riskiness and overvaluation. I can understand the rationale behind those decisions. This long-running bull market has been fueled by a lack of good investment alternatives, not necessarily by great fundamentals. However, you should be […]
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Money Clinic: It’s not about AGE

Many people set a target for entering retirement at a certain age. It usually revolves around a Social Security timeline. For example, you can begin collecting Social Security benefits early at age 62, so that becomes your target retirement date. Or, perhaps you would like retirement to coincide with the age you are eligible for […]
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