Blog Posts

  • long-term-care

    Using an Annuity to Pay for Long-Term-Care Insurance

    August 26, 2013
    I am starting to encounter people who have variable annuities, held outside of IRAs, which have gains in them. (A variable annuity uses subaccounts that are similar to mutual funds for the internal investments.) In the aftermath of 2008/2009, many investments took a long time to recover and variable annuities ...
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  • to-do-list

    Should Business Owners Try to Pay Taxes?

    August 21, 2013
    Retirement planning for a business owner is different than it is for other people. Stephen Covey, in The 7 Habits of Highly Effective People, shares habit two: Begin with the end in mind. For all of us, this means envisioning where you want to be in the future so that ...
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  • elephant

    Retirement Is a Control Freak’s Worst Nightmare

    August 6, 2013
    Are you a control freak? Come on, admit it. Control of our situation is something we all crave. At some basic level we want to affect our outcomes and say we had a hand in it. The problem, of course, is that many scenarios are too big to control. Retirement ...
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  • formula

    Jerry Seinfeld and the Amazingly Simple Formula

    August 5, 2013
    Have you ever watched "Comedians in Cars Getting Coffee"? It is a new web video series that follows a standard format. Jerry Seinfeld introduces an old but classic car, drives the car over to a famous comedian’s home to pick them up and then drives to a coffee shop for ...
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  • swimming-pool

    The Unseen Retirement Risks

    July 30, 2013
    No matter how much we think we can control in life, the unseen tends sneaks up on us. We always assume the best, but we need to plan for worse. In retirement the unknown can include sudden illness, bad investment returns, outliving your money or even high inflation. Yet what ...
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  • cash

    When to Take Your Mutual Fund Distributions in Cash

    July 22, 2013
    Every year, mutual funds pay out distributions, whether capital gains or dividends/interest (by law, they have to do this). Mutual fund holders have a choice about what to do with those distributions. Most simply reinvest the distributions and buy more shares of the fund. If you are still accumulating assets, ...
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  • retirement-recipe

    The Smoothie Challenge: A Recipe for Retirement Success

    July 17, 2013
    My kids came up with a great idea this past weekend—a smoothie challenge. They listed individual ingredients on slips of paper and dropped them into a bowl. Then, each took a turn in picking out a slip of paper to see what was going into their smoothie. One of the ...
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