Blog Posts

  • second-marriage

    Remarrying and Money: Don’t Let One Get in the Way of the Other

    August 13, 2014
    Key Takeaway! Some people might have financial reasons for not remarrying after their first marriage ends. But before deciding to stay single, consider what can be gained financially from a marriage. When people lose their spouse, they have to decide if they ever want to remarry. This happened to my mother ...
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  • target-date-funds

    Set It and Forget It, or Check It and Watch It

    August 6, 2014
    Key Takeaway! Target-date funds are becoming a default investment for many people. Yet that doesn’t mean they give you the personalized answer you really need. Saving for education or retirement is a function of many factors. If you want to spend more than your neighbor, you will need to save more. ...
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  • beneficiary-designations

    Don’t Let Your Beneficiary Visit the Judiciary

    July 30, 2014
    Key Takeaway! Beneficiary designations are the exclamation point to a great estate plan. But getting them wrong can lead to higher taxes now or even family fights that can end up in court later. Nobody wants to cause pain to their family, and parents don’t want their children fighting over money. ...
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  • marathon-runner

    You Can’t Buy Time

    July 22, 2014
    Key Takeaway! Trying to buy better returns with more expensive investment products is like trying to lower your marathon time by buying more expensive shoes. You need to get the basics right in order to get to the goal. I just signed up for the Twin Cities 10-Mile run again this ...
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  • family-barbecue

    Healthy Habits Now Cut Retirement Costs Later

    July 17, 2014
    Key Takeaway! Tending to your health on a daily basis now will cut your health care costs in retirement, making those years all the more enjoyable. I started flossing. I hadn’t flossed my entire life until now (no comments from the dentists, please). Then, a couple months ago, I was getting ...
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  • family-barbecue

    To Catch a Monkey: The Burden of Wealth

    July 11, 2014
    Key Takeaway! Wealth is a burden. You decide whether it is a burden of negativity or love. Be careful of letting the monkey in you make the decision, though, since that may prevent you from living freely. Monkeys are ingenious creatures. Trying to catch one seems impossible, unless you think about ...
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  • accounting

    In Your Mid-Year Portfolio Review, Focus on What You Can Control

    July 7, 2014
    Key Takeaway! Mid-year investment reviews would be better spent focusing on what you can control. Use the 2011 tax rule change regarding cost basis accounting to give yourself more flexibility. My wife and I bought the kids an Aqua Lily Pad for Christmas this past year. Our trip to the cabin ...
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