We often use this space to document the many cognitive biases that pull people off track with their investments. However, there’s one such bias—or perhaps it’s just blissful ignorance—that seems to be working in some
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What’s an SMI member with a bad 401(k) plan to do? In this case, “bad,” means a plan with limited investment options. SMI’s Personal Portfolio Tracker, available to both Basic and Premium members, was designed with that
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Today’s American workers are being forced to shoulder a much higher level of responsibility regarding their retirement finances than past generations. With Social Security projections showing significant shortfalls
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Personalized financial planning offers tremendous benefits. Understandably, those benefits haven’t come cheap. But thanks to our friends at SMI Advisory Services and an
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Every year brings a number of changes in various financial rules and regs that impact our personal financial planning. While President-elect Donald Trump has proposed sweeping tax reform, it’s impossible to know which of
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Forgive me if you've heard this warning before, but it's simply too important to not repeat it: If you own a significant amount of your employer's stock, you are taking a dangerous — and unnecessary — risk with your
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This article pertains specifically to investors who have both a tax-advantaged account (IRA/401k) and a taxable investment account. If you don’t have a taxable investing account, don’t make the mistake of thinking we’re
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Every year brings a number of changes in various financial rules and regs that impact our personal financial planning. Here’s a guide to some of the more significant changes for 2016.
Retirement Plans
If you participate
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The trend toward automation is significantly affecting 401(k) and other workplace retirement-plan participants. An increasing number of employers now automatically: (1) enroll new hires into their retirement plans; (2)
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Over SMI's 25-year history, we've frequently warned against the danger of holding too much of your employer's stock, typically within a 401(k) or other company retirement plan. We used to discuss it as one of the most
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