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Higher borrowing for college

A worthwhile article. Like long-term care, the difficult burdens are on the middle and upper-middle class. The rich can simply afford to pay and the poor are more likely to get grants and/or go to less expensive schools (just as with long-term care, the rich can simply afford to pay and the poor go on Read more

August 12, 2012
NYTimes – What some investors Are Doing To Anticipate Tax Increase

Nice article in NYTimes by Paul Sullivan. He talks about some of the specific tax increases that are on their way to happening (unless Congress and the Prez do something about them), and what some folks are doing to deal with it. http://www.nytimes.com/2012/08/04/your-money/taxes/what-some-investors-are-doing-to-anticipate-a-tax-increase.html?pagewanted=all The tax increases addressed: 1. The 3.8% “surtax” on investment income for Read more

August 4, 2012
NYTimes Opinion: Our Ridiculous Approach To Retirement

Worth reading. Prof. GHILARDUCCI has been saying for years that the 401(k) system has failed and her arguments are sound. While abolishing them may not be the answer, her recommendation for mandatory contributions to retirement accounts may be part of a much better answer. People simply aren’t saving enough through 401(k)s and incremental changes – like Read more

July 23, 2012
Ten most common mistakes

Totally worth reading. I’d have said exactly these same things and I tell them to clients all the time. So good I’m thinking of mailing this link in my next On The Spot email. http://www.ritholtz.com/blog/2012/07/investors-10-most-common-mistakes/ A really great “top 10” list by Barry Ritholtz: Investors’ 10 most common mistakes I seriously recommend reading the whole Read more

July 21, 2012
Real 10 year yields

From an article about adjusting assumptions for retirement withdrawal rates in a ‘yield-free’ world. http://www.advisorone.com/2012/06/27/retirement-in-a-yield-free-world?t=the-retiree The author makes some important points about the rule-of-thumb that so many use for planning the level of withdrawals that’s “safe” from a given portfolio (or flipping it around, the level of savings that will be necessary to Read more

July 10, 2012
Sometimes it makes a huge difference if you Delay Social Security

<http://online.wsj.com/article/SB10001424052702303561504577494600278284104.html?mod=personal_fin_newsreel> WSJ piece, not too much detail, but hints at a wealth of complexity and opportunity, regarding strategies for maximizing Social Security benefits. Mentions of Social Security Timing, a service to help folks figure out how to optimize. Great example: Consider a hypothetical situation. The husband, the higher earner, believes he’s going to die relatively Read more

July 2, 2012