DR 119: Advanced Social Security Benefits Strategies–Interview with Marc Kiner

Advanced Social Security Benefit Strategies-735x1102-PT

One of the most important and confusing decisions retirees must make is how and when to claim social security benefits. There are countless things to consider including age to start taking benefits, whether you’ll continue to work, spousal benefits, and full retirement age. For that reason, I asked Social Security benefits expert Marc Kiner to […]

Published or Updated: November 2, 2014

DR 118: 9 Actionable Tips to Help You Stick to Your Investment Plan

Asset Allocation Returns

It’s advice we hear time and again–stick to your asset allocation plan. Whether the stock market is reaching new highs are new lows, don’t change your investments apart from rebalancing. It’s the kind of advice that is simple to understand, but difficult to follow. In fact, a lot of investors don’t follow this advice. In […]

Published or Updated: October 22, 2014

DR 117–Cheapest Place to Buy a iPhone 6

iPhone Comparison Chart

The release of the iPhone 6 and iPhone 6 Plus raises an important question–is the iPhone 6 worth the cost? While nobody can answer that question for you, I decided to pull together as much information as I could on how to find the best deal on the 6 and 6 Plus. What a headache. […]

Published or Updated: October 16, 2014

DR 116: Dividend Investing (Part 3)–Dividend Growth

Pepsi Quote Morningstar

This is the third article in an ongoing series on dividend investing. In part 1 we started with an introduction to dividends. In part 2 we examined how dividends work in conjunction with mutual funds. Today we are going to look at dividend growth. My goal for this article and podcast is to convince you […]

Published or Updated: October 12, 2014

DR 115: How to Prepare Your Spouse to Invest When You Are Gone

In many families, one spouse handles the investments. As for the other spouse, he or she often has little interest in understanding mutual funds, ETFs, asset allocation, or retirement accounts. Yet what would happen if the one handling the investments were to die or incapacitated. How would the non-investing spouse handle this important responsibility? The […]

Published or Updated: October 11, 2014

Should You Use a Roth IRA as an Emergency Fund?

Should you put your emergency fund in a Roth IRA? If you’re considering this option, you’re not alone. Here is an email from a reader named Thomas asking whether it’s wise to rely on Roth IRA in the case of emergencies: Q:I was wondering what you thought about using Roth IRAs for storing emergency/savings funds? […]

Published or Updated: October 10, 2014

DR 114: 3 Tools to Track Your Net Worth

Personal Capital Net Worth

Tracking your net worth is an essential step to managing your finances. In a single number your net worth can measure your financial progress, whether you are climbing out of debt, building an investment portfolio, or both. We’ve covered how to track your net worth in the past. Recently I received an email from a […]

Published or Updated: October 8, 2014

DR 113: How to Invest in a 529 Plan

Vanguard 529 Map

How should you invest money in a 529 plan? These college savings plans present some unique investing challenges. On the one hand you want the money to grow to at least keep up with the rising cost of college. On the other hand, there is a limited time horizon. Assume too much risk and the […]

Published or Updated: October 3, 2014

Should You Hire an Investment Advisor to Manage Your Investments?

Vanguard Investments

With the advent of low cost index funds, the case for an expensive investment advisor grew considerably weaker. As technological advances have given way to robo-advisors (e.g., Betterment and Wealth Front), the case in favor of expensive advisors has all but cratered. It was with this background that I read the following email from a […]

Published or Updated: December 2, 2014