Category Retirement
Year-End Deadlines
While we recommend planning and managing your finances all year long – this is a process, not a singular task – there are a few deadlines which come up at year-end which cannot be ignored. Some of them represent potential missed opportunities, while at least one of them represents something that if you don’t do […]
Hardly a “lost decade”
We recently heard from a person who has some complaints about the last decade’s performance of his 401(k). He said he’d been putting money in since the beginning of 2000, regularly, and after all this time, the portfolio in his 401(k) is worth a little bit less than the sum of all the money he’d […]
Study: 401(k) participants who had “help” outperformed others
http://www.startribune.com/business/130561873.html?page=all&prepage=1&c=y#continue 401(k) Study: Workers who sought help improved annual performance by an average of 3 percent DES MOINES, Iowa – Sometimes it pays to get help. A new study of 401(k) accounts provides further evidence that workers who get help pocket higher returns than those handling their own investment choices. The study by human resources […]
Dan Ariely on “Asking the right and wrong questions”
Dan Ariely, author and professor of behavioral economics, wrote an interesting blog post yesterday Asking the right and wrong questions From a behavioral economics point of view, the field of financial advice is quite strange and not very useful. For the most part, professional financial services rely on clients answers to two questions: How much of […]
Meyers Wealth Management 