Browsing Archive November, 2011
Geriatric financial management update
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Geriatric financial management update

Dad's doing fine in the care facility. He's happy and he's safe. His Alzheimer's symptoms have stabilized with their care. He's coping with his myeloma symptoms and waiting for chemotherapy to start. He's sleeping more than he should (Vicodin for the pain), and he's weak (anemia), and he's losing weight, and these ...

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Do you really need $2M to retire?!?
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Do you really need $2M to retire?!?

    (Today's post was suggested by my daughter, who keeps an eye on Gen Y financial issues...) Shortly after Hallowe'en, MSN put up a scary article about Generation Y needing to save (spoken, of course, in a creepy Dr. Evil voice) two million dollars for retirement. And if that's not frightening enough ...

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Retirement planners and calculators (part 1 of 2)
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Retirement planners and calculators (part 1 of 2)

It's been a while since I've discussed the choices of retirement planners and their strengths/weaknesses. If you're new to this blog (or if you've discovered this post through a search engine) then you might want to read about the problems with retirement calculators.  They all have problems (no matter how well they ...

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USAA on retirement calculators
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USAA on retirement calculators

I've researched the state of the art in retirement calculators, and I'm splitting the results into at least two blog posts. For a retirement-calculator geek, I think the best websites are still FIRECalc and FinancialEngines.com. However, all calculators have their flaws and let's face it-- neither one is simple to ...

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Five retirement strategies that don’t work
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Five retirement strategies that don’t work

I had an interesting (and fun!) time at the Mililani Library seminar last night. Thanks for everyone who dropped by, and I hope that you're reading the blog along with the book. Let us know if you have questions! For those who couldn't be there, I'll post about it next week. Today's topic was suggested by our ...

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Is the 4% withdrawal rate really safe?
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Is the 4% withdrawal rate really safe?

What if 4% is all wrong? By "4%" I mean the method tested by the Trinity Study over a decade ago.  It determined a portfolio would survive for 30 years if withdrawals started at 4% of the portfolio's initial value and then were raised each year by the rate of inflation. Skeptics point out that the Trinity Study is ...

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