Feb 23 2014

4% Rule for Retirement Withdrawals is Nonsense. 4% rule plays off of massive consumption society.

A few weeks ago I happened to catch Suze Orman’s show on CNBC.  One caller had her case analyzed.  She had something like $1.5 million in assets and had her home paid off.  She is clearly in a very good position and puts her within the top 2 percent of households in the United States.  […]

May 27 2011

Income distribution – To make it in the top .1 percent you have to make $750,000 individually or $3,000,000 as a married couple.

There is deep psychological fascination with wealth in the United States.  This goes back to the days of the Vanderbilt family and our modern day tycoons.  It also brings to light how wide the income divergence in our country has become and with economic challenges being faced by many this disparity only gets more heightened.  […]

May 8 2010

401k retirement account an antiquated investment vehicle? As economy stalls companies stop matching 401k contributions.

Many Americans are questioning the idea of a 401k.  As many baby boomer near retirement, their 401k is largely seen as their primary retirement account yet with current stock market fluctuations, many are wondering if staying with a 401k is smart.  Many Americans have already seen the gyrations with housing values and don’t want this […]