How Much should you have saved for retirement based on your age and salary.

Is My 401(k) On Track? Formula_401(k)The table comes from a study conducted last year by Fidelity Investments. Its experts made some midrange assumptions about investment returns and spending needs in retirement, and came up with these guidelines for how much you should have salted away. If you are making $100,000 at age 35, you should…

Great advice fr…

Great advice from The Atlantic.. Remember Why It’s Called “Black Friday.” No, not because it starts at 3 am. It’s called Black Friday because it’s the beginning of the season when many stores go from being in the red to being in the black. That doesn’t sound like much of an economic lesson for you,…

Most people get this wrong

Here’s a simple arithmetic question: A bat and ball cost a dollar and ten cents. The bat costs a dollar more than the ball. How much does the ball cost?

Wade W. Slome, …

Wade W. Slome, “Rather than chasing bubbles and nervously fretting over sensationalistic headlines, you will be better served by devoting your attention to the creation of a globally diversified investment portfolio.” (Investing Caffeine)….. A much better idea than waiting for HULU to go public

This is not by …

This is not by accident…… While $54 a person is spent on financial marketing to American consumers, only $2 per person is spent to educate them on money matters.

If the center does not hold, everything collapses.

 The United States desperately needs to do something about its shrinking middle class. The last decade has been dreadful and the future does not look promising. There are plenty of reasons why the middle class is in this predicament. One of the most obvious is wage stagnation. On an inflation adjusted level average salaries are…

“Organized crim…

“Organized crime in America takes in over forty billion dollars a year and spends very little on office supplies.” -Woody Allen