AdviceIQ Articles

  • How to Think Long-Term

    Thinking – and acting – long-term is not easy. It requires the resolve to be consistent and persistent into the future. More than that, though, it requires that you set the right objectives. What’s the point of expending cost and effort if the objective is ill-defined or unwise?

  • Key Retirement Deadlines

    After years of work, you look to retire, relax and enjoy spending time as you wish. Not so fast. Retirement ushers in important annual deadlines and here’s what to know.

    Some of these deadlines also carry penalties if you don’t pay attention. Keep an eye out for these seven critical ones as you reach certain ages.

    In chronological order:

  • 401(k) Auto-Sign Up Woes

    There’s a big government push for companies to sign up all their employees in 401(k) retirement plans. That’s a noble ideal. Unfortunately, participants in these automatic enrollments don’t do as well as those in all-volunteer plans.

  • Maxing IRA Contributions

    Did you contribute all money allowed to your individual retirement accounts last year? Probably not. Here’s how to make up for that and save better in 2014.

  • A Healthy View of Money

    Do you have a healthy relationship with money? It may seem an odd question, but cutting-edge financial advisors are fascinated by the link among money, happiness and well-being.

  • Skip Alternative Investments

    You grew up hearing fables of fortunes invested in rare coins, vintage wine and stacks of gold coins. If you’re smart today, though, you keep your investments in as many conventional baskets as possible and don’t look for too much exotica to diversify your portfolio.

  • Tools to Find a College (Pt. 1)

    Initial shopping for a college confuses you enough without bedazzling last-minute offers of help for a price. In this first of two articles, here’s what to watch out for and how to start your own cheaper search.

    Recently a college application service approached a couple, who are my clients, about higher-education planning for their high school junior. Like most parents in a similar situation, they realized that some 18 months until tuition comes due is a little late to save more to pay for college.

  • How to Boost Earning Potential

    Your biggest asset is your ability to work and earn a living. Here’s how to make sure you put that asset to work the hardest.

    Your earning power probably outweighs the value of your house and your retirement savings, even if you own your own business.

    Let’s say that at age 40 you will work another 25 years and you make $75,000 per year. Let’s now say that you find a way to make $90,000 instead of $75,000 and that you save the extra $15,000, earning 5% per year on your money.

  • Trouble in Plain Sight

    Economic and market weaknesses abound, but few see them. At some point in the not-too-distant future, there may well be plenty of heated discussion over how investors and the Federal Reserve could have been so blind.

  • Ask What Advisors Don’t Do

    One of the first questions to ask, when shopping for an advisor, is what the person does not do.

    Just as you won’t find a doctor who can treat your allergies and clean your teeth, it’s rare for one advisor to handle such disparate areas as investing, insurance, trusts and inheritance. You may need to spread the work around.

    Sure, lots of advisors can handle your basic needs, such as drawing up a financial plan and running your money. But for other stuff, specialists are called for.


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