Retirement Pyramid 2.0

Last week I created a  semi-barbaric version of The Retirement Pyramid. Some constructive criticism included, “use a pen” and “stop dotting your eyes like a little girl.” I have lots of creative ideas but my fine motor skills are severely lacking. "an astounding 80 million Americans are in debt collection and 50% of retirement-aged workers have…

It’s Monday Again…..When Is My Retirement?

Prince Harry doesn’t have to worry about financing his retirement but you do. Relieve the stress by reading our weekly retirement links. Too many choices in your retirement plan is a really bad thing. Forbes Even if you max out your 401(k) you can still mess things up. MarketWatch Oregon’s auto- IRA plan is off…

7 Questions She’s Afraid to Ask

“You are my 50th birthday present to myself,” a woman said to me, as we sat down to meet.  “I’m tired of not feeling like an adult, it’s like I have a dirty money secret.” I’ve heard variations of this same theme many times.  This is what women say to me when no one is listening….

The Retirement Pyramid

Imagine if Americans had a retirement pyramid on their refrigerator.  We would all be wealthier and healthier. Sadly, we have a food pyramid (which most of us ignore) but no evidence-based guidelines for our retirements. According to  The Wall Street Journal, an astounding 80 million Americans are in debt collection and 50% of retirement workers have…

Will Advisors Ever Heal Themselves?

The financial services industry is facing a tipping point.  People desperately need unbiased fiduciary advice, yet the industry feeds them commission-laden products. Something has got to give. The industry’s moment of truth has arrived; not much different from the medical industry more than a century ago. 150 years ago, we faced an epidemic of overprescribed painkillers….

It’s Monday Again…..When Is My Retirement?

Happy Mother’s Day to all. Read our links and learn how to spend more time with the people that mean the most. Some small business owners are able to sock away up to $61k annually with this plan. Kiplinger It’s usually a bad idea to put your retirement funds in a friend’s business. MarketWatch Women would…

My Mother’s Gift

My mother, Lucy Grasso, 1945   While I think of my mother numerous times throughout the day, this week, just days away from Mother’s Day, I got a little wink from her. A client of ours sent us a note of appreciation.  He and his wife have worked with us since 2015.  Not to sound too…

Our House, Our Rules

Investing is difficult for most people. This doesn’t mean they aren’t smart, successful, or nice.  Nobody ever taught them. Emotions and commission-hungry financial salespeople fill the vacuum. Experience verifies this point.  We see the worst of the worst on a daily basis; don’t take our word for it, look at the data. Many advisors foolishly let clients…

Compound Your Knowledge With Our Monthly College Links

  Those who don’t plan for college plan to be very disappointed. Don’t let this happen to you. Start by reading this month’s terrific links. College early decision practices may violate anti-trust laws. Wall Street Journal  Is college worth the cost? A Wealth Of Common Sense. Student loans should not exceed 10% of graduates after-tax monthly…

The Future is Now

It has been almost two years since Tony and I formally embarked on a mission to educate and free teachers from expensive and inappropriate investments in their 403(b) accounts.  Our main message has been buyer beware. A teacher, Chase Malia, has taken it a giant leap forward – proposing Resolution #41 to his union, NYSUT,…