Socrates Demystifies the Social Security Decision

The Greek philosopher, Socrates, left no known writings.  Only secondary sources exist for historians to piece together a recount of his work and teachings.  The Platonic dialogues - roughly 30 dialogues written by Socrates' student, Plato - provide the source for much of what we know about Socrates.  The dialogues generally involve Socrates as the [...]

Relationship of Aging and the Low Return Investment Environment

At various points in life, individuals begin to avoid roller coasters, back flips off the high dive, cartwheels, and full contact football.  They take more frequent breaks in their weekly tennis game and aspire to completing a marathon rather than finish one in less than 3-hours.  Instead of travelling to Spain to run with the [...]

Retirement Planning And the Future of Social Security

Lost amidst the hoopla of the Super Bowl last weekend was a historic anniversary.  75 years ago, on January 31, 1940, the first Social Security retirement check was mailed to Ida May Fuller, a legal secretary from Vermont who went to grammar school with Calvin Coolidge. 75 years after that first check, Social Security is an integral part [...]

Opportunity for High Income Earners – the Backdoor Roth Conversion

This week, five years ago, was a period that financial journalists dream about.  We were ushering in the new year of 2010 and significant impending tax law changes provided a bevy of important topics that consumers needed help navigating.  There was the elimination of federal estate and gift tax, the return of IRA required minimum distributions [...]

The Best Retirement Plan for Self Employed Individuals

In financial planning, the right answer to most seemingly simple questions is nearly always “it depends”.  How much life insurance do I need?  Should I contribute to a traditional 401k or a Roth 401k?  Should I use a will or revocable trust for my estate?  How much can I plan to safely distribute from my [...]

The Middle Seat of Retirement Planning – Why Retirement Plan Limits Should Not Limit Your Savings Plan

First time flyers on Southwest Airlines are easy to spot at the boarding gate.  They’re notably confused, trying to figure out the purpose of the stainless steel posts with numbers on them and what they should do with the unusual B22 zone assignment on their boarding pass.  Someone eventually helps them find their spot in line and [...]