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Ballmer to Retire as Microsoft CEO 24 Aug 2013 | 08:10 pm
The chief exec and major shareholder of Microsoft, Steve Ballmer, has announced he will retire from the organization within the next 12 months, once a successor is found. "There is never a perfect tim...
Retirement Crimes 20 Aug 2013 | 05:42 pm
There was an interesting article in the Washington Post the other day, about a man named Eugene Weatherford who was sentenced to prison and ordered to pay more than $345,000 in fines for illegally cas...
5 Things to Know About Bankruptcy and Retirement 12 Aug 2013 | 07:19 am
Debt knows no age. But recent statistics indicate debt may affect older Americans differently. More seniors age 65 and older have been declaring bankruptcy than ever before--it's increased nearly thre...
A Data-Based Approach to Saving 11 Aug 2013 | 05:08 am
I found an interesting article on Lifehacker about how much you need to save for retirement based on stock market data going back to the 19th Century. A financial planning professor from American Coll...
A Good Financial Advisor... Found 1 Aug 2013 | 03:55 am
As someone who has known and worked with many financial planners, I have a good idea of the kind of advice they give. A financial advisor is not going to make you rich overnight, and may instead sugge...
An Expert Guide to Retiring Overseas 31 Jul 2013 | 04:20 pm
Whenever I imagine an overseas retirement, my mind goes to the movie "An Affair to Remember." Those familiar with the movie will recall when the ship docks and Cary Grant takes Deborah Kerr to his gra...
How to Rollover 28 Jul 2013 | 10:10 pm
No, this is not a post about dog training. It's a step-by-step overview of how to open and fund a Rollover IRA. You may know all about what to do with your 401(k) money when you change jobs, but how e...
What to Do With Your 401(k) 23 Jul 2013 | 11:52 am
When you leave your job, there are several options for your 401(k). We have already covered cashing in (distribution) vs staying in. But there are also choices to make about how you stay in and where....
Why to Leave the Money In 20 Jul 2013 | 03:44 pm
In yesterday's post, I talked about the many costs involved with taking an early distribution from a 401(k) or other qualified retirement plan. I promised more information along those lines, so I crea...
How to Get the Money Out 20 Jul 2013 | 04:35 am
When money is invested in a 401(k), individual retirement account, Roth IRA, or any other retirement savings account, there are rules for how you can withdraw your money. Technically, you can take it...