One of the questions you have to ask yourself when you begin probing your relationship to money is this: Why do I want more money? It makes sense to want to earn more money, but why are you so … [Read more...] about Is Money A Means To An End? Or An End Itself?
One of the realities of tax-deferred retirement accounts is the required minimum distribution (RMD). The RMD is the amount that you have to withdraw from your tax-deferred traditional IRA, 401k or … [Read more...] about What Are Required Minimum Distributions?
Just before the financial crash of 2008, one type of fund getting a lot of press was the targeted retirement fund. The idea cooled a bit during the recession, but the idea of these funds is starting … [Read more...] about Choosing A Targeted Retirement Fund
My husband is finishing up his Ph.D. this month. His defense is scheduled, and everything should be wrapped up by the beginning of May. This means, of course, that he will be looking for a job. He has … [Read more...] about What Constitutes A Worthwhile Expenditure?
One of the things about retirement that has always somewhat bothered me is the idea of doing nothing. To me, the idea of sitting around without working doesn't hold any sort of appeal. Which is why I … [Read more...] about “Working” Retirement: Make Money Doing What You Love
Many of us don't realize that we're sacrificing retirement. Indeed, we are often unaware that some of the choices we make now can have far-reaching consequences that can put retirement at risk. … [Read more...] about Are You Sacrificing Your Retirement?
One of the most challenging aspects of personal finance is identifying what is important -- and then keeping your spending in line with what you value. Because personal finances are, well, personal, … [Read more...] about Do You Know What’s Important? Spending And Priorities
There are a number of rules of thumb associated with saving up for retirement. Most of them, though, focus on amassing a nest egg. This nest egg should be big enough that when you withdraw about 4% a … [Read more...] about Saving For Retirement: Planning Your Monthly Income
A topic that I see come up time after time on personal finance sites is related to married couples, and whether or not they should have joint accounts. During those discussions one thing that … [Read more...] about Financial Infidelity: Do You Lie Or Keep Secrets About Money?
I was reading a post on the Wall Street Journal today about a recent Sotheby's wine auction in Hong Kong. The story discussed some of the amazing prices vintage wines direct from the wine maker are … [Read more...] about The Most Expensive Bottle Of Wine Ever Sold. Would You Drink It?