Retirement Planning
« Previous EntriesShould You Manage Your 401(k) Yourself?
Friday, May 9th, 2008This question comes to us from a guy I have known my entire life:
I read your article the other day Should Portfolio Rebalancing Be Considered Market Timing? and it got me thinking about my 401k balance. I’m turning 40 next month and am looking at my 401k balance, thinking should someone with my level […]
Should This Guy Leave VanKampen?
Tuesday, May 6th, 2008One thing I have noticed from the Money Magazine mention is that I am getting A LOT more email from people asking for my opinion on various topics. If the subject matter is blog-worthy, I’ll consider writing about it. Not so much because I’m an “expert” but more because a lot of AFM […]
Question from a Reader - Rollover Portfolio to Advisor?
Friday, May 2nd, 2008I recieved the following email this morning from an AFM reader:
Hi,
I am 32 yrs old, married with one child. I am starting a new job and need to rollover my 401k. I currently have 160k in the account and have worked with a financial planner for a couple years. Can you please […]
What Happens if the First Years of Retirement Are Bad?
Tuesday, April 22nd, 2008Last week I received an email from a reader about my annuity posts. He wasn’t very happy with me because he didn’t think I was being fair to those who sell annuities. We ended up having a rather heated discussion via email that lasted over several days. Anyhow, his first email came […]
Question of the Day: Retirement Planning
Tuesday, April 22nd, 2008Here’s today’s questions of the day:
At what age are you planning to retire?
Do you think you will really retire or will you just work less or start a new career?
I can see myself never really retiring. I have always thought it would be fun to teach finance classes at the college level. Some […]
Looking at Retirement Income Needs
Monday, April 21st, 2008This is a follow up to my previous post, Common Questions: How Much Do I Need to Save for Retirement?.
One way to look at retirement needs is to estimate how much income you will need over the life of your retirement. Using the numbers from the previous post, we’ll assume that your inflation-adjusted first-year […]
Common Questions - How Much Do I Need to Save for Retirement?
Sunday, April 20th, 2008The other day I asked the following questions in a “Question of the Day” post:
In your opinion, what’s the most confusing aspect of personal finance?
What area gives you the most trouble?
Several commenters stated that they had problems with trying to determine how much they needed to save for retirement.
That’s a tough question for a variety […]
It’s Not Always Necessary to Shoot For the Moon
Tuesday, April 1st, 2008In a paper on the importance of having an investment policy statement*, Larry Swedroe gave the following example that illustrates that it’s not always necessary to shoot for the moon when investing to meet a goal like retirement:
In a discussion with a new client, a 55-year-old investor I learned the following:
He currently had $2.5 million […]
Advice For a Reader - What Would You Do In This Situation?
Wednesday, March 26th, 2008Last month I wrote How Much Will That 401(k) Loan Cost You?. The other day a reader named Mark left the following comment on that post:
But, I have a different scenario…
Status:
Company match is 100% up to 4% of pay, none thereafter.
Contribution is at 10%
401k return so far this year is -8%
I am over 50.
Large […]
Building a Portfolio For Retirement
Wednesday, March 12th, 2008Investing during retirement is a tricky business. Not only do you have to consider yourself a long-term investor, you also live off your assets, which makes you a short-term investor. If you lean too much to one side or the other, you run the risk of jeapordizing your retirement. The key to […]
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