PETE THE PLANNER: Protect your nest egg—or risk running out of money
Running out of money in retirement isn’t a small problem. It’s the worst problem.
Investing Column
Articles
KIM: Study shows ‘behavior gap’ continues to destroy investor returns
Unfortunately, investors have an uncanny, destructive tendency to buy high (when they’re feeling overconfident) and sell low (when they’re scared).
PETE THE PLANNER: Financial stress is a reality, no matter your income level
Stress doesn’t discriminate. It doesn’t know your income, your gender or your job title. And even if it did, it wouldn’t care.
HAHN: Here’s what to think about when considering a Roth IRA
As a long-term investor, I like the fact that the earnings on my money will not be taxed when withdrawn.
PETE THE PLANNER: Decide whether to beat—or be—the market
If your goal is to beat the market, you want to outperform market indexes, ideally net of fees.
KIM: Fasten seatbelts for second-half roller-coaster ride
While history suggests the road is likely to get increasingly bumpy over the next four months, it will be important (as always) to try to remain unemotional and stick with the plan.
HAHN: How to spend money to increase your happiness
While not every purchase will bring great happiness, five principles of money will help answer, “Am I getting the biggest bang for my buck?”
PETE THE PLANNER: If you won’t start budgeting, show discipline another way
If you don’t want to budget, then don’t. It won’t ruin your financial life as long as you accept a couple of important boundaries.
KIM: Is Beyond Meat’s IPO valuation beyond rational?
Just like Clara Peller in the 1984 Wendy’s commercial, investors should be asking, “Where’s the beef?” at Beyond.
Peter Dunn: How little can you defer for a comfortable retirement?
You need to save between 12% and 14% of your gross income throughout your career to secure at least a 90% chance of retirement success, according to Russell Investments Research Report.
HAHN: How your money personality affects your financial health
As I read and learned more about handling money and finances, I was able to see how my actions undermined my long-term goals, and I was able to make changes.
PETE THE PLANNER: Recognize cycles of financial opportunities, challenges
The goal is to be honest with yourself so you can be prepared for the challenges and ready to take advantage of the opportunities.
KIM: Get off the ‘positional treadmill’ and you just might be happier
You know what’s worse than judging a book by its cover? Judging a book by its cover—then making financial decisions based on what you guess the book might tell you.
PETE THE PLANNER: These Rules of Peter will help you plan for retirement
If you diligently saved (invested) from age 22 all the way through age 57, the final decade of your work career should be a snap.
HAHN: Our uncertain life spans make financial planning tougher
My clients and I spend a lot of time working on the balancing act of spending enough while they are healthy vs. saving for the possibility of living longer.
PETE THE PLANNER: Don’t forget the 401(k) when evaluating a job offer
Mere minutes after raising my glass in celebration of my dear friend’s new job, I was on the verge of ordering another round to drown my dismay. He had just made a $713,000 mistake, and had no idea. I’m not normally a judgmental friend when it comes to money, despite what you might think, but […]
KIM: Stocks’ recovery from December massacre holds important lessons
The doom and gloom headlines from December have turned ebullient, as the S&P 500 in the first quarter posted its best performance since the third quarter of 2009.
HAHN: Keep your guard up against financial fraud
If you feel as though more scams are being perpetrated, you are correct. New technology is leading to more sophisticated scams, and, most of the time, victims do not realize they are being exploited.
PETE THE PLANNER: Get more from your financial adviser
I guarantee, you utilize less than 60 percent of the functionality of your financial adviser, and you suffer for it. The stakes are high. It matters.
KIM: Kraft Heinz debacle proves not even Buffett immune to mistakes
While Berkshire Hathaway CEO Warren Buffett has achieved well-deserved mythical stature among investors, even the “Oracle of Omaha” makes huge mistakes. Exhibit A is the recent debacle involving his investment in Kraft Heinz. I recently highlighted Buffett’s call in his 2018 annual letter to shareholders of Berkshire Hathaway for investors to focus on Berkshire’s “forest,” […]