Our Commentary

Reader Question: My former employer has offered a $73K + lump sum payment by Dec., 2014. Otherwise I could elect monthly payments of $530 @ age 65, or $460 to begin Dec, 2014. I am 63 years old in good health. Also how would you suggest investing the lump sum amount? Answer: First, let’s tackle […]

Reader Question:  I have both a 401k as well as a Roth IRA. I’m obviously putting enough in at least for the match. Which one should I put additional money in after the match? I’m 30 years old and not sure which one would give me the best tax treatment. E.L. Answer:  First, I’m glad […]

The 401(k) plan has become the foundation for building wealth for retirement of working Americans.  Unfortunately I find that too many people are either not participating in their company 401k plan at all or are under-utilizing it.  This is a financial mistake and if you fall into this group, now is the time to put […]

It happened to Target, now it’s happened to Home Depot.  Thieves have hacked into Home Depot’s computer system and stolen credit card and customer data from an estimated 60 million customers.  According to Home Depot spokesperson, the breach did not include on-line purchases but in-store purchases from April of this year through last week may […]

Reader Question:  My wife and I are elderly and have one daughter that we would like to help with the money we have been able to save.  It is likely that one or both of us could be in a nursing home within the next few years.  Our money consists of approximately $700,000 dollars plus […]

The good news is that the economy continues to show signs of improvement and recent research suggests that incomes are beginning to rise.  The bad news is that many workers continue to face financial strain and are seeking sources of money to solve pressing financial problems.  One source often discussed is the money held in […]

The good news is that the economy continues to show signs of improvement and recent research suggests that incomes are beginning to rise.  The bad news is that many workers continue to face financial strain and are seeking sources of money to solve pressing financial problems.  One source often discussed is the money held in […]

As we continue to work our way out of the Great Recession of 2008, more and more people are realizing that they need financial advice but are often unsure of where to turn for that advice.  Financial planning can be helpful for everyone, regardless of your income or your experience handling money.  Deciding on whom […]

I’m getting more and more questions from nervous investors asking if it’s time to take profits and sell stocks in favor of fixed income investments such as money markets, CDs or bonds. The stock market has had a nice run over the past few years and certainly seems overdue for a rest. Add to that […]

The economy is improving; people are feeling better about their finances; and as a result consumer debt is again on the rise.  One of the greatest inhibitors to creating financial success and financial freedom is too much debt.  Developing a plan to get out of debt is overwhelming for a lot of people so I’ve […]