I have always had a pretty angry relationship with my 401(k). On the one hand, I get a match of 100% up to 6% of my salary provided by the generous boss-men (anyone know why this is very common?), on the other hand my fund choices are terribly expensive. I largely ignore the account only updating it… Continue Reading
Category Archives: Qualified/Retirement
Unravelling the Mystery of Offshore Pensions for British Expats
Post by Ayo Millions of sun-seeking Brits have escaped blighty over the last decade in order to make a new life in sunnier climes. Many have simply upped sticks and retired in tropical paradises; others have left for employment. However, far too many of those people have failed to take their pension arrangements seriously. Making… Continue Reading
Options When You Have an Insufficient Retirement
No one likes to think about it, but it does happen, especially in our current economic climate. People reach retirement age and don’t have quite enough saved. As the Huffington Post points out, The average person in the United States will spend 21 years in retirement, but will deplete their savings after just 14 years,… Continue Reading
A New 85 Year Old Client Has Provided More Inspiration Than She’ll Ever Know
I had a couple of crazy days in the past few weeks balancing work, this site and my small trust and estates solo law office. It was towards one of the end of those crazy days when my 85 year old client blew my mind with something she said. I knew the day was going… Continue Reading
The 401(K) Doesn’t Need to Be Overhauled
The New York Times recently ran a story titled “Should the 401(k) be Reformed or Replaced?” the author, Steven Greenhouse, seem to cover a litany of topics ranging from the 401(k) history to a new government mandated retirement account without actually discussing personal responsibility. The 401(k) doesn’t need to be reformed, replaced or overhauled people… Continue Reading
Finally Rebalancing and Reallocating my 401(k)
The last time I reallocated and rebalanced my 401(k) was in 2010 and even though I have mentioned “rebalancing my 401(k)” as a goal for years, I never did anything about it. Come to think about it besides discovering (and fixing) the fact that I was leaving money on the table regarding my match, I… Continue Reading
