Can We Save Social Security?

I get a little update in the mail every year that tells me how much I should expect to see from Social Security… it gets me thinking… do people actually rely upon this “ponzi -scheme” or are they taking control of how they live in their retirement years…
With Social Security predicted to reach insolvency within [...]

Why It’s Time to Retire the 401(k) ~ Part 3

Where 401(k)s Go Wrong
In theory, 401(k)s should provide much more of a retirement cushion than they do. A 2007 study from the National Bureau of Economic Research (NBER) estimated that, on the basis of historical returns, by 2040 the average 401(k) of a near retiree would grow to an inflation-adjusted $451,944. That money, spread over [...]

Why It’s Time to Retire the 401(k) – Part 2

A Brief History of the 401(k)
 
Congress was trying to close a loophole on executive bonuses when it created the 401(k). Most companies intended 401(k)s — which were originally called salary-reduction plans but then renamed for the portion of the tax code that makes them possible — to be a perk for highly paid executives, not [...]

Why It’s Time to Retire the 401(k) – Part 1

Retiree Robert Shively spends his days on the golf course. For many, that would be a dream come true, but not quite in the way Shively does it. The 68-year-old is the cart mechanic at the Niagara Falls Country Club.
Two and a half decades ago, his then employer, Occidental Petroleum Corp., cut its traditional defined [...]

How do I get my Money out of Wall St and Invest in other opportunities?

Are you new to the idea of being in control of your retirement investments?
A self-directed IRA is technically no different than any other IRA (or 401k). It follows the same function for tax deferral investing, asset protection, and it requires the use of a custodian to oversee the general administration of the funds. The [...]

Self Directed IRA Investing? Can you control your future

The economy and recent events have devastated savings and retirement accounts.
People are frantically searching for investment options that may over time help recoup some of their losses. The stock market is too risky and fragile.
Bank savings and CD rates are at their lowest. The bright investment light that continues to shine is real estate. [...]

How do I Invest my Retirement Funds into Non-Traditional Assets?

 

Are you new to the idea of being in control of your retirement investments? A self-directed IRA is technically no different than any other IRA (or 401k). It follows the same function for tax deferral investing, asset protection, and it requires the use of a custodian to oversee the general administration of the funds. The [...]

Good news for California Investors (FINALLY)…

For the first time in more than 30 years, California has announced that it will be re-assessing the property values to account for properties that have experienced deflated values (see California to Use Deflation in Assessing Property Taxes).
I think we can hear the communal sigh of relief even all the way over here in Denver!
Finally, some good [...]