When I’m 65

Last week I attended “Building the Bridge to Ohio Investor Education,” a community event hosted by the PBS affiliate in Dayton, OH.  The program included an opportunity to screen the documentary, When I’m 65 and discuss issues around financial planning, financial education and just how far behind so many Americans are in planning for their futures. The program was put on by the Association for Financial Counseling and Planning Education (AFCPE), the Investor Protection Trust, the Investor Protection Institute and the Ohio Department of Commerce, among others.  The documentary is being… [read more]
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One Money Question to Rule Them All: How Much is Enough?

(from Ron Lieber’s article in the Your Money section of the New York Times on November 24, 2016.  Click here for the original article.  Ron Lieber is the “Your Money” columnist, noted author and editor of the Bucks Blog for the Times.  Follow Ron on Twitter @ronlieber.) As we enter this season of contemplation and reflection, we all have more than the usual number of everyday financial questions weighing on us. How much more might we pay for health care under President­-elect Donald Trump?  How will any new trade policies affect our household budgets… [read more]
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4 Ways To Prevent Boomerang Kids From Delaying Retirement

(from Kira Brecht‘s TDAmeritrade’s Ticker Tape blog posted August 15, 2016.  Find original post here.  Kira is a veteran, Chicago-based journalist specializing in personal finance, investor education, commodity markets and technical analysis.  Follow Kira @KiraBrecht.) Has your empty nest filled back up? You aren’t alone. A recent Pew study showed that for the first time in 130 years, young adults ages 18 to 34 were more likely to live in their parents’ home than with a spouse or partner in their own household. Blame it on the still-sluggish economy, stagnant wage growth,… [read more]
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Proof That Saving at the Last Minute Won’t Save Your Retirement

(from Robert Powell’s Marketwatch column dated 3/22/2016.  Click here for the original post.  Robert is the editor of Retirement Weekly, a MarketWatch premium newsletter.  You can follow Robert on Twitter @RJPIII.)  Most American workers think they need to save a big—perhaps unmanageable—chunk of their income to live comfortably in retirement. They may be right. But waiting until they are older to save more money won’t save their retirement. These are among the findings of the 2016 Retirement Confidence Survey released today by the Employee Benefit Research Institute (EBRI) and Greenwald and Associates. On… [read more]
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It Rain Tomorrow

No, the title of this blog is not a typo.  It’s an example of a not so subtle difference between futured and futureless languages.  Keith Chen is a professor in behavioral economics at the Anderson School of Management at UCLA.  More importantly to his work, perhaps, is his upbringing as an American of Chinese descent, growing up in the Midwest speaking both English and Mandarin on a daily basis. He started noticing differences in how the two languages operated early on in life.  The example he gives in his TED Talk which has received [read more]
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Popular Social Security Strategies Get the Ax

A couple months ago, I wrote a blog on Social Security which highlighted a couple things.  One – historically Congress has been inclined to expand Social Security benefits rather than reduce them.  Two – without any changes to Social Security, folks receiving disability benefits were going to see payments cut by as much as 20% as early as 2016.  I suppose Congress has been reading our blogs because here we are sixty days later on the heels of a budget bill that both reduced Social Security benefits and shored up funding for Social Security disability. … [read more]
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What are You Jonesing For?

What are you Jonesing For? I have a confession to make – I’m not sure the last time we mowed our lawn.  Judging by the fact that half of my dog disappears when he makes his trips outside, it’s been a while.  To be fair, we have been doing a major overhaul to our landscape which has taken most weekends for the last two months and getting plants in the ground before it snows has been a little higher priority than a good trim and edge on the grass.  Even so, I still have that… [read more]
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What About Your Care?

My husband and I recently spent the weekend with my parents, siblings and their families, celebrating my mom’s 78th birthday.  We had a great time together, and mom told us more than once that having everyone home to visit was her best birthday present.  In today’s world, when we are all so busy, sometimes the greatest gift we can give is our time and attention. When mom and I were in the kitchen cleaning up from dinner (Yes, it was her birthday and we still couldn’t get her to sit and let us wait on… [read more]
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How Much Should I Save for Retirement?

We often preach that while rules of thumb are a necessary evil in personal finance and not a terrible place to start ignoring all other options, they don’t do nearly a complete enough job of helping people understand their personal financial picture. This week, we share a video from Dimensional Fund Advisors offering a few different ways to approach the retirement savings question.  The video is a good reminder that optimal savings solutions vary on an person by person basis.  It also serves a yet another reminder that those just starting out in their careers… [read more]
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The Retiree Next Door

We often say at TAAG that people don’t have financial goals, they have goals…and then everything costs money. Last year, I attended a financial blogging conference called FinCon in St. Louis, Missouri.  I was shocked to see the wealth of talented writers and individuals, many or most from outside the financial industry, all looking to help others reach their goals by making better decisions with their money. RetireeNextDoorThis year, I was asked, along with more than 70 other bloggers, podcasters and the like, to participate in a movement called The Retiree Next Door.  The… [read more]
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