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Blog Posts

  • A Fundamental Step in Your Retirement Plan―An IPS

    February 13, 2012
    My father owned his own business―he was an electrician. He used to bring home blueprints of new projects from all over town that he would need to bid on. I was always amazed at these rolls of paper, mostly because he could look at one and know within minutes how ...
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  • A Can of Cat Food with Every 401(k)

    February 6, 2012
    “What if your 401(k) paperwork came with a tin of cat food―to remind you what you might be eating in old age if you don’t learn a bit more about investing?” That is the question posed by Stephen J. Dubner in the most recent Freakonomics podcast. He actually gets to ...
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  • Self-Directed IRAs—A Retirement Tool, or a Retirement Time Bomb?

    January 30, 2012
    Last week the Minneapolis paper, StarTribune, had an article about a local man who lost some of his retirement money in a self-directed IRA to a Ponzi scheme. There may be more variables to this story, but it highlighted the flexibility of the self-directed IRA; and with flexibility comes ...
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  • Retirement Expenses Matter, Especially in Mutual Funds

    January 23, 2012
    I saw a cool graphic the other day from the U.S. Energy Information Administration. It showed a gasoline pump broken into pieces to represent where the costs are in a gallon of gas. While 77% of the cost is crude oil itself, the rest were taxes and marketing. It got ...
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  • Tolerating Retirement

    January 16, 2012
    My 10-year-old had a bad night last week when he did not have his homework done in time for basketball practice. In our house, your homework needs to be done prior to sports or you do not go. So he did not go. He was shocked that we would follow ...
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  • Your Retirement Fire Extinguisher―Liquidity

    January 9, 2012
    Not every home has a fire extinguisher, but it should. In New Orleans, residents go an extra step and keep an axe in the attic in case a flood or hurricane hits and people need to escape through the roof. The whole purpose of these extra tools is to make ...
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  • The Key to Retirement

    January 3, 2012
    Now is the time to think about what all of us might do differently in a new year to help us move forward in life. For some it is working out. For some it is eating less. And for some it might be saving more for their retirement. I have ...
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