Dec 13 2019

The growing gap in retirement savings: Half of American families have zero in retirement savings and most are worse off than they were in 2007.

While we have been on a strong bull market run since 2009, half of American families have nothing financially to show for it.  The gap between the retirement ‘haves’ and ‘have-nots’ has grown since the recession ended.  It is telling that half of American families have no retirement savings and many are going to rely […]

Nov 6 2018

Financial Independence, Retire Early: The FIRE Movement.

I’ve been intrigued by the Financial Independence, Retire Early (FIRE) movement for many years now.  There have been a few camps of thought when it comes to retirement.  (1) You have those that say save very little of your paycheck and put it away in a 401k for 30 or 40 years and then you […]

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Jun 30 2017

The new retirement model revolves around dying broke and realizing that the 401k model of investing is a sham for most Americans.

The new retirement model means working until you die.  Most Americans are broke and living paycheck to paycheck.  Yet the stock market is near a modern day peak.  What is going on?  Wasn’t the 401k experiment that launched in the early 1980s to replace pensions supposed to be a panacea in terms of building out […]

Apr 23 2017

The epic retirement crisis for older Americans: The median family of retirement age has $12,000 in savings.

Given the discussion of 401ks and IRAs you would think that most Americans have a nice nest egg ready to support them into their margarita drinking days on the beach.  Yet like most dreams, the reality is very different.  Most Americans are broke.  The Economist put out some data highlighting that the median family of […]

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