DR 143: Should You Max Out Your 401k Early in the Year?

How to Invest in a 401(k)

It’s common financial advice to max out a 401k. Putting as much away in a tax advantaged account as possible is just smart financial planning. There is of course a limit to how much we can contribute each year to a workplace retirement plan. And that has some asking whether they should max out their […]

Published or Updated: January 4, 2015

DR 142–How to Track All 3 of Your Credit Scores

Capital One Credit Tracker

Your credit scores are never more important than when you are about to buy a home. That pesky 3-digit number can lower or raise your interest payments by tens of thousands of dollars over the life of a mortgage. So it was no surprise when a reader named Kelly sent me the following email: I […]

Published or Updated: December 29, 2014

DR 141-6 Reasons to Pay Cash for a Car (and how to actually do it)

Pay Cash for Cars

Financing a car is almost an automatic step. With the cost of the average car in the neighborhood of $32,000, very few people pay cash for a car. Yet this is just one of many times we shouldn’t go with the flow. There are plenty of reasons to pay cash for car, as well as […]

Published or Updated: December 29, 2014

DR 140: The Best of 2014

Best of 2014

It’s instructive and even inspiring to look back over the last year to see how you’ve lived. Reflecting on the good times and bad help us learn, grow and improve. So I was grateful to receive this email from a reader named Neil: Are you going to do a Best of 2014 show? I know […]

Published or Updated: December 27, 2014

DR 139: 3% Mortgages Are Back – Is This a Good Thing?

3% Mortgage

The 3% mortgage is back. After years of turmoil in the housing market and recriminations on whose to blame, the low down payment mortgage has surfaced again. The 3% mortgage will mean more flexibility for homebuyers, and in some cases, for those looking to refinance as well. Until now, borrowers had a choice between conventional […]

Published or Updated: December 17, 2014

DR 138: Interview with WealthFront CEO, Adam Nash

Adam Nash of Weatlh Front

Wealthfront is the largest and fastest growing automated investment service, with over $1.6 billion under management. And it all happened in just three years! I had a chance to interview Wealthfront CEO, Adam Nash. He shares his insights on the platform, and on investing in general. His educational background is in software and design, but […]

Published or Updated: December 16, 2014

DR 137: Interview with Todd Tresidder, a Former Hedge Fund Partner Who Retired at 35

Todd Tressider

When people talk about early retirement, they often mean at 50 or 55 – and sometimes as early as 45. But today’s podcast interview is with Todd Tresidder, a fascinating guy who managed to get out of the rat race at 35. I interviewed Todd about his life before retirement, what he’s been doing since, […]

Published or Updated: December 21, 2014

Retirement Calculator: Are you on track to retire?

Retirement Calculator

It’s one of the hardest questions to answer in all of personal finance. Are you on track to retire? To help you answer that question, the folks at Personal Capital have just released a free retirement calculator. Give it a try and let me know what you think in the comments below.

Published or Updated: December 26, 2014

DR 136: 5 Reasons Robo Advisors are Worth the Cost

Robo Advisor Cost

As robo advisers grow in assets under management, more people are beginning to ask if using one is the right strategy. My last podcast on robo-advisors brought this email from a reader named Steve: The other timely podcast was the robo-advisor one. I’m in the process of helping my mom move her accounts from Morgan […]

Published or Updated: December 12, 2014