Yesterday, the New York Times published a story (NYT has a paywall, get past it by googling the title of the story – “More Protection For a Nest Egg Has Some Brokers Upset” – and clicking the link from Google) about the financial services industry’s response to a proposal by the Department of Labor. The proposed rule would require that all financial advisors place their customer’s interests ahead of their own when providing investment advice.
You need a great tool to test retirement plans. Do you need to work another year? Do you need to spend less? Read on for an easy way to find out.
Wherein I make some parts of the personal finance blogging community very unhappy with me.
Even if you are 100% certain that you will be managing a rental property yourself, it’s essential to budget for property management. I’ll explain why.
Gather round, self-employed people. If you’re not contributing to an Individual 401(k) (also called a Solo 401k) and your goal is early retirement, I am about to change your life.
Can a 20 year old invest for the future, even without a regular paycheck, a 401(k), and with only a tiny amount to begin? Yes, Absolutely! Recently, a young member of my family gave me the following set of goals…
If there is one habit which I believe contributes to my ability to save as much as I do, more than any of the others I have developed in the past few years, it’s tracking my expenses on a daily basis.
An investment policy statement is a short document with a simple purpose: to give the individual investor a blueprint for their long-term investing that is tailored to their risk tolerance. To the beginning investor, the market can seem terrifying and…
Note: This is a reworked version of a post previously made at Mr. Money Mustache. If you haven’t been there yet, you owe it to yourself to check it out. It’s really the Mecca of the lifestyle we aspire to live.…