retirement

Solo 401k Provides Unfair Tax Advantage For Self Employed Business Owners

Much Needed Tax Relief For 2009 Is Available, But You Must Open A Solo 401k By Dec 31st, 2009. Nabers says setting up and contributing to your Solo 401k before the end of 2009 will allow married couples to deduct up to $109,000 from their 2009 income taxes. Watch this video to learn more and pick up … [Read more...] about Solo 401k Provides Unfair Tax Advantage For Self Employed Business Owners

Think you’re too old to get in on alternative investments? Think again

Mature investors close to retirement age are likely kicking themselves wishing they had pulled their money out of the market while they had the chance. But too often these investors were told to “stay the course” and that “the market will come back.”  Truth be told, no one knows for sure what the … [Read more...] about Think you’re too old to get in on alternative investments? Think again

How to break America’s 401(k) addiction

[Contributed by reformedinvestor] This is my favorite excerpt taken from the interview between Steve Kroft of 60 Minutes and Brooks Hamilton, who Kroft interviewed in his expose on 401(k)s.  Hamilton is an expert in designing retirement plans for large corporations. “The fact is that the … [Read more...] about How to break America’s 401(k) addiction

World Markets to close?

In a Bloomberg article today, Italain Prime Minister Silvio Berlusconi said world leaders are considering the closing of world markets so they can rewrite the rules of how they work. He claims the solution can't be for one country, but instead it must be global. As terrorism and financial terrorism … [Read more...] about World Markets to close?

My Meeting with the Social Security Administration

About 6 months ago, the Social Security Administration started calling my office asking to arrange a meeting with my IRAAA colleagues and I. For months I had shrugged it off because of the fact that many of my readers, customers, and colleagues plan their finances as if SSA will fail. Taking control … [Read more...] about My Meeting with the Social Security Administration

Follow Up: 30 Day Challenge – Can you do without TV?

It's been 30 days since I put out the challenge to not watch TV for a month. Speak up and share your experience. Here's what I found over 7 years ago when I stopped watching TV... More time - This is pretty simple. The average American adult watches 5 hours of TV per day. Convert some of that … [Read more...] about Follow Up: 30 Day Challenge – Can you do without TV?