Anthony Isola

The Tenth Circle of Retirement Hell

Welcome to the tenth circle of retirement hell:  K-12 teachers’ 403(b) plans. Numbers eight, and nine on Dante’s list are fraud and treachery. The perfect prelude for this space. Many public school teachers own portfolios that could’ve been designed by Satan himself. Predatory salespeople posing as financial advisors act as surrogates for The Prince of…

Science Is One Thing, Wisdom Is Another

Investors don’t live in a test tube. Often what looks great in the lab leads to disastrous results. The same goes for the history of curing fatal bacterial infections. This powerful story is laid out in the amazing book, The Demon Under The Microscope by Thomas Hager. Hager traces the story of a team of…

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

  Jon Snow was lucky. He had his retirement planned for him. He will live out his life with his friends the Wildlings and his loyal Direwolf Ghost in a pre-planned location. You, on the other hand, won’t be so fortunate. Start creating your own strategy by reading this week’s terrific links. Do you know…

Money CAN Buy Happiness

It depends on how you spend it. Becoming a mall rat won’t do the trick. The dopamine rush fueled by mindless purchases leads only to a severe case of FOMO. Income isn’t a golden ticket either.   How should you handle money to fill your life with bliss instead of envy? Gretchen Rubin has seven…

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

If your retirement plan is dependent upon blustering over a trade war, it’s time to create a new plan. Read about what’s really important for the long term in this week’s terrific links.   The 7 deadly sins of retirement planning. MarketWatch Don’t fall for these retirement scams. New York Times Should you do a…

A Recipe For Financial Disaster

There is one thing even Democrats and Republicans can agree on. Most Americans are financially illiterate. The InvestmentNews recently pointed out the extent of this epic fail. From student loans to credit cards and retirement savings. We are a mess. In one study, “researchers found in 2015 that only 30% of Americans were able to…

It’s Monday Again…..When Is My Retirement (Austin,Texas Edition)

For most of the week, I will be in Texas with my crewmates. Nothing stops our retirement links. Not even a Texas-sized BBQ. How should a widow or widower file for Social Security? InvestmentNews In 10 years, more than 50% of 75-year-old middle-income Americans will be in deep trouble. Money  If your retirement savings are…

I Had No Idea

Five years ago, as I drove to my teaching job, I would listen to Bloomberg Radio (and was particularly excited whenever Barry Ritholtz was a guest host). I had no idea that, some years later, Dina and I would be a part of the Ritholtz Wealth Management team AND would be featured on one of…

Nobody Gets Out Alive

Change is the only thing that doesn’t change. Our bodies are constantly regenerating. New cells are born, others die. Stomach cells recycle every five days. Our skin every two weeks. Every ten years, our entire skeletons are completely rebuilt. Life on our planet is anything but permanent There have been five mass extinctions in Earth’s…

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

The NFL draft is a crapshoot. Your retirement plan doesn’t have to be. Start planning the right way by reading this week’s terrific links. There are very few 401(k) millionaires. A Wealth of Common Sense What exactly is a 457(b) plan? Yahoo Finance Should you be allowed to put 401(k) funds into your social security…