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Blog Posts

  • Entrepreneurs Need To Stay On Pace with Retirement Plan Trends

    September 10, 2012
    I often speak with entrepreneurs about how to take more money out of their business on an ongoing basis instead of waiting until the day they sell their company to fund their retirement. Some will set aside money for retirement, while others still think they need to reinvest every penny ...
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  • Delaying Social Security: Spending Down Assets

    September 4, 2012
    Those nearing retirement have a critical decision to make; should you take Social Security early at 62 or should you delay claiming benefits until you reach full retirement age (for many, age 66 or 67) or even until age 70? While this might seem like a question for each individual, ...
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  • Should You Stick to the 4% Withdrawal Rule in a Weak Economy?

    August 28, 2012
    I just finished reading Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street. The book was written by Neil Barofsky, who was the Special Inspector General for TARP. Basically, he was the cop responsible for overseeing how TARP money was handed out. After two years ...
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  • The Effects of Divorce on Retirement

    August 20, 2012
    I spent last week at my in-laws’ cabin, a summer ritual before school starts. The weather was cool, so swimming in a lake was not on my children’s minds every day. We spent more time just hanging out, which in four-kid terms means eventually getting in each other’s way. The ...
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  • College’s Effect on Retirement

    August 13, 2012
    When the topic of college comes up at gatherings, and guests find out what I do for a living, the natural response is that I must be the one guy that is fully prepared for college. After all, I see how much college costs and I should know how to ...
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  • A Healthy Retirement Makes You Sweat

    August 6, 2012
    I have written often of the need to look at the cost of health care in retirement (often citing the Fidelity study that shows the average 65-year-old couple will need $240,000 in retirement for health care—not including long-term care). At the end of the day, however, the cost is the ...
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  • Where Will the Money Come From?

    July 30, 2012
    Last Thursday, CNNMoney.com reported on an Allianz study that showed only 14% of baby boomers’ parents believe they owe their children an inheritance. I don’t know if 14% is the right number or not, but I can attest to a change in thinking that I am running into more and ...
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