Personal Finance

  • A year of spare time

    Believe it or not, there has been an upside to 2020. Less than willingly,  we were given the opportunity to re-assess what matters most. What we did with our sudden windfall of spare time has revealed much of who we are as individuals – and as a society. A return to nesting After the initial […]

  • How to Navigate a Volatile Market

    With the economy sputtering, stocks going up, and coronavirus cases going one way or the other depending on where you live, these are some fairly anxious times. No, let’s not be cagey about it. These are the most anxious times since most of us have been alive, and since most of our parents have been […]

  • delta

    Delta’s Voluntary Early Out Program (VEOP) and How We Help

    Dear Crewmember, You’re likely well aware that Delta recently announced the Voluntary Early Out Program (VEOP), but you may be struggling to determine if participating in the VEOP is the right decision for you and your family.  The VEOP may be an attractive offer for pilots considering an early-out, but there are many factors and […]

  • The Even-Greater Recession?

    Remember when George W. Bush enacted the Troubled Asset Relief Program, handing the banks $475 billion to paper over their bad debts – and how shocked you were that taxpayers were expected to bail out Wall Street? Remember just a few months later when Congress gave Barack Obama his American Recovery and Reinvestment Act, and […]

  • MSAs, HSAs, and FSAs: Comparing the differences

    Let’s discuss how we pay for health care and differentiate the types of medical savings accounts (MSAs) offered today. Perhaps you’ll spot the one that’s right for you. Then again, maybe you don’t need one at all. Active ingredients There are differences between a medical savings account and a health savings account. That is, all […]

  • Eliminate these 4 debts before you retire

    Let’s start by saying: Debt itself isn’t a bad thing. If we’re in a period of low-interest rates, and we expect our earnings to increase over time, the use of debt can be very helpful. It enables us to buy houses, cars, appliances, furnishings and all the other accouterments of The Good Life without denying […]

  • Does the ‘R’ in IRA really stand for ‘rainy-day’?

    We’ve spoken a lot in this space about IRAs: traditional IRAs, Roth IRAs, backdoor IRAs and so on. And we’ve always presented these vehicles as fairly conventional, plain-vanilla places to save for your golden years. After all, IRA stands for individual retirement arrangement. Or does it? There are any number of ways you can take […]

  • Does the ‘R’ in IRA really stand for ‘rainy-day’?

    We’ve spoken a lot in this space about IRAs: traditional IRAs, Roth IRAs, backdoor IRAs and so on. And we’ve always presented these vehicles as fairly conventional, plain-vanilla places to save for your golden years. After all, IRA stands for individual retirement arrangement. Or does it? There are any number of ways you can take […]

  • The act is SECURE – is your retirement?

    The second substantive financial legislation of Donald Trump’s presidency is now law. The SECURE Act – named the Setting Every Community Up for Retirement Enhancement Act by someone who needed to put the acronym cart before the nomenclature horse – was signed by the president in December 2019. As you recall, Mr. Trump’s signature accomplishment […]

  • Getting educated: saving for your children’s college education

    The American middle-class family has three major reasons to put money aside. The first is buying a starter home. The last is, as you already know, retirement. But there’s that one in the middle that often gets neglected by investors and advisors alike: your children’s college education. The 101 on 529s The most commonly referenced […]

  • Emotional Rescue: Guard Yourself Against These Common Investing Biases

    Some of the most hackneyed suggestions you’ll hear from financial advisers is, “Don’t invest with emotion.” We’re going to gently push back on that notion a little. The reasons why you invest are deeply emotional because the stakes are high. This isn’t about scorekeeping, it’s about ensuring that your loved ones—yourself included—are provided for when […]