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Your Retirement or Your Kid’s Education

College fund savings

Your Retirement Or Your Kid’s Education Your retirement or your kid’s college education?  Which do you choose to save for if you can’t save for both? According to the U.S. Census Bureau, college graduates typically earn one million more in their lifetime than workers without a college degree making your children’s continuing education an important […]

Your Retirement or Your Kid’s Education

Piggy Bank

Your Retirement Or Your Kid’s Education Your retirement or your kid’s college education?  Which do you choose to save for if you can’t save for both? According to the U.S. Census Bureau, college graduates typically earn one million more in their lifetime than workers without a college degree making your children’s continuing education an important […]

Your Retirement or Your Kid’s Education

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Your Retirement or Your Kid’s Education Your retirement or your kid’s college education?  Which do you choose to save for if you can’t save for both? According to the U.S. Census Bureau, college graduates typically earn one million more in their lifetime than workers without a college degree making your children’s continuing education an important […]

Social Security Loopholes That Can Net You Thousands of Dollars A Year!

Piggy Bank with retirement savings chart

  In past issues I’ve told you a story about how my Mom and Dad used a government loophole to earn an extra couple of thousand dollars a year in social security benefits. A lot of people have emailed me since then to ask if it was legal to pull off such a feat. They […]

Secret IRS Code 72 (t): Take Advantage of an IRS Loophole that lets you take money out of your IRA before age 59 ½

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There is a massive wave of people getting ready to retire in the next few years. Many are expected to retire before they reach age 65. Sounds like a nice idea but how are all these people able to afford to retire early? By law they aren’t allowed to take money out of any of […]

4 Strategies to Ensure You Never Run Out of Money

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Most weeks you’ll hear me talking about how to invest your money and make it grow, more specifically the best ways to grow retirement portfolios. I know that’s a big concern for a lot of investors. Most of us spend decades worrying that we aren’t putting enough money in and won’t have enough money to […]

The Biggest Screw up You Can Make

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Yesterday, I found out that I screwed up big time.  I have been working on a new report for a client that is helping him to launch a new business. Turns out that during our last meeting I had accidentally wrote the deadline in the wrong box on my calendar.  So yesterday I get an […]

5 Things You Should Do Right Now If You Want to Retire Early

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I know you’ve thought about it…the idea of retiring early is certainly palatable. It’s not so much about reaching a certain age, but about getting to a point where you know you can support yourself from here on out. To many of us the idea of retiring early is just a fantasy that we let […]

Love or Enabling: The Risks of Helping out Your Grown Children Financially

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We all want the best for our children. We give them everything we can in the hopes they grow up to be smart, loving, and successful adults. For the most part we are proud of our children and their actions. We brag when they graduate college, we celebrate when they get a promotion at work, […]

One Man’s Journey to Retirement Riches

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My Dad is one of the lucky ones. Not because he is incredibly handsome, still has most of his hair and he is still in pretty good health. Those are probably the reasons my mom is one lucky lady. Instead I consider my Dad one of the lucky ones because he was able to retire […]

How to Get a Job after You’ve Retired

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My Dad retired a couple of years ago. Long time readers might remember my Dad worked for one of the big three U.S. auto manufacturers. I often quote him and use his extensive knowledge when I write about saving money on cars, auto repairs and auto insurance. Since he retired he’s been a typical retiree. […]

Are You Ready For Retirement?

Piggy Bank with retirement savings chart

Do these 8 things in the couple years before you retire and you might just end up retiring happy and wealthy. When I was in my 20’s and 30’s retirement seemed like a far off fantasy that I was very much removed from. I imagined it would happen to me one day, but I couldn’t […]

A Message for our Recent Grads

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Next week I’ll be writing to you from the road. I will be in the great state of New York for a college graduation party. Mr. Patterson’s youngest cousin is graduating and we’re going to the party. We haven’t been up to New York to see family in a bit and this seemed like a […]

Student Loans for Kindergarteners

Saving for College or Retirement It used to be parents would help out their children with college costs. They would spend their savings, sell stock, downsize their homes or take out loans to help their children pay the costs. This is still true today. The new trend that disturbs me greatly though is parents taking […]

Make It Last Longer

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5 Ways to Make Your Money Last in Retirement Every day there is more bad news about our retirement. We are used to hearing that Social Security won’t be there for most of us in a few years, how some of the poorest people in our nation are the elderly and how none of us […]

The Staycation Economy

Money is Tight

I’m getting ready to make a business trip up to Canada. And, wouldn’t you know it, the Canadian Dollar is at 52-week highs against the greenback. Each Canadian dollar is going to cost me US$1.05. If was going to Europe, it would be the same story. Despite the massive Euro-zone problems, people are still willing […]

A Business for This Economy

Web Hosting

Is This Business a Legitimate Opportunity in This Economy? Question: “Marc, I know you’ve talked about reselling web hosting services. But is this business a legitimate opportunity in THIS economy? D.J. Englewood CO 8:11 AM Dear Entrepreneur: Reselling web-hosting services is still a legitimate business opportunity, and especially in this economy. Granted, entrepreneurs and business […]

5 Financial Products You DON’T Need

Pay day Loan

As a personal finance expert I often get emails from readers asking for my opinion on financial products and services they are considering buying. There are many things that people buy that are a waste of money. Most of the time you don’t need those items at all or can find less costly or free […]

What An NYC Street Vendor Taught Me That Wall Street Couldn’t

Nest Egg

So you know that list of things you know you should do but never seem to have the time to get to? Well that happened to me. I have a very old 401k from a previous employer that I know I should have rolled over years ago, but I always seemed to find things that […]

A 10 Year Plan to Retirement

Retirement 401(k)

Are you coming up on retirement and your portfolio isn’t what you hoped it would be? Unfortunately this is the scenario many Americans in their fifties are facing. They are looking at their 401(k)’s, IRA’s and realizing they could use another 30 years of compounding interest to bulk up their investment portfolios. A lot of […]

Wallet or Waistline?

Cost of Weight Loss

Survey Reveals Most Popular Trainer in 2011: Finances over Fitness Health and Wealth. Those are the two most popular New Year’s resolutions. In a survey by Allianz Life Insurance Company respondents were asked which 2011 resolution they are most likely to keep. Managing their money better (39 percent) was nearly equal to improving their exercise/diet […]

Bounce Back From Being Broke

Cash Bow

How To Get Back On Track When You’re Broke It can be hard to stay afloat in the month of December. Your outflow always seems to exceed your inflow of cash this time of year. There are presents to buy, travel costs like airline or hotel stays, office parties that require Secret Santa gifts. All […]

An Interest Free Loan from Uncle Sam

Government money

Retirement Loophole: How to Get an Interest Free Loan from Uncle Sam A common question for older Americans is what age they should choose to start receiving social security benefits. The government allows you to decide what age is best for you. You can start receiving benefits as early as age 62, as late as […]

When The Journey Is More Important Than The Destination

Retirement 401(k)

Sometimes I am so jealous of my husband. Not only because he gets better looking with age and can lose 10 pounds in three days while I get crow’s feet and saddlebags, but also because some things just seem to come easier to him. Men seem to get the better end of the stick when […]

 
 
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