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How Much Money Will You Have Left When You Die?

Buck Wargo | Posted 05.15.2015 | Fifty
Buck Wargo

A new study paints a frightening picture about the correlation between Americans' chances at a longer life and their income and assets.

Three Ways Inequality Is Making Life Worse for Everyone

Sean McElwee | Posted 05.06.2015 | Politics
Sean McElwee

As the 2016 election approaches, the debate among the intelligentsia appears like it will center around the question of inequality. While income is distributed unequally in the country, what few people know is how much more unequally wealth, financial assets and inheritances are distributed. As the chart below shows, income is only part of the problem.

Yet Another Greek Secret: The Case of Phantom Assets

Steve H. Hanke | Posted 05.06.2015 | World
Steve H. Hanke

When banks are in distress, it is important to assess how easily the bank's capital cushion can absorb potential losses from troubled assets. To do this, I performed an analysis using Texas Ratios for Greece's four largest banks.

Why You Need to Know Your Net Worth

David A. Dedman | Posted 06.28.2015 | Money
David A. Dedman

To me, net worth is equivalent to taking your blood pressure. It gives a reading that will tell us how healthy you are financially.

You Don't Have to Be Rich to Retire Happy (In Fact, Far From It)

Jeff Haden | Posted 05.17.2015 | Business
Jeff Haden

We all hope to retire someday -- the freedom to do more of what we want to do and less of what we have to do. But that kind of freedom comes with a price, right? Won't you need millions in assets and a six-figure annual income? Nope. You'll probably need a lot less in assets and income than you think.

A Lottery You Can't Lose

Bob Hildreth | Posted 04.27.2015 | College
Bob Hildreth

Imagine that you have a low-paying job but still manage to save a little for your kids' future every month. Then someone comes along and offers you a chance to win a cash prize.

6 Things Every Divorce Lawyer Should Tell Their Clients

Christian Denmon | Posted 04.20.2015 | Divorce
Christian Denmon

A bad divorce can destroy you and your spouse financially. Yet a strategic and intelligent divorce can lead to win-win results that both parties can live with so that they can move on towards brighter and better futures.

Blank Account: The American Struggle to Save and Share

Henry A. J. Ramos | Posted 04.07.2015 | Politics
Henry A. J. Ramos

The present hyper-concentration of wealth is creating dysfunctions in our economy that are strikingly unfair and ultimately unproductive, not only for society's most vulnerable, but also to our overall societal productivity and well-being.

All in the Family

Steven Abernathy and Brian Luster | Posted 02.16.2015 | Money
Steven Abernathy and Brian Luster

In the present-day U.S., as in 19th-century Europe, a family bank can preserve wealth, provide family members with independent access to capital, and more -- it can substantially lessen the taxes that wealthy families pay on occasions of inter-generational wealth transfer.

A Global Disease Called Deflation

Edward Goldberg | Posted 02.16.2015 | World
Edward Goldberg

Two weeks ago I wrote a piece entitled THE 5 KEY TRENDS IN GLOBALIZATION THAT ARE CHANGING AMERICA and THE WORLD. On account of on going geo/economic ...

Why Europe Is Doing the Ice Bucket Challenge With a Glass of Water

Gemma Godfrey | Posted 12.06.2014 | World
Gemma Godfrey

ECB President Mario Draghi has been highly effective with his words alone -- moving markets with speeches and little action. However, by doing so he has also set the bar high and expectations for action are becoming the norm.

How to Compare and Analyze Different Asset Classes

Anthony Humpage | Posted 11.22.2014 | Money
Anthony Humpage

Over the past 20 years, the home has increased in value by approximately 175 percent. This revelation got me thinking about asset classes and how they generally perform over a 20-year period.

What Einstein Taught Me About Death: 5 Reasons to Write a Will Today

Steve Mariotti | Posted 11.08.2014 | Money
Steve Mariotti

Whether you are looking to ensure your children's safety and future, or dictate how much of your earnings go back into the tax system, writing a will is an essential action and we can all benefit from taking advice from a genius like Einstein here.

The Rise Of The Non-Working Rich

Robert Reich | Posted 09.14.2014 | Politics
Robert Reich

In a new Pew poll, more than three quarters of self-described conservatives believe "poor people have it easy because they can get government benefits without doing anything." In reality, most of America's poor work hard, often in two or more jobs. The real non-workers are the wealthy who inherit their fortunes. And their ranks are growing. In fact, we're on the cusp of the largest inter-generational wealth transfer in history. The wealth is coming from those who over the last three decades earned huge amounts on Wall Street, in corporate boardrooms, or as high-tech entrepreneurs. It's going to their children, who did nothing except be born into the right family.

Protect Yourself in a Divorce Using a Domestic Asset Protection Trust

Robert Pagliarini | Posted 07.22.2014 | Divorce
Robert Pagliarini

Is there a better way to retain your separate assets in a marriage and after a divorce that doesn't require the prenup conversation? For some people in certain situations, the answer may be yes.

Beyond Broke: Why the Racial Wealth Gap Matters

Dr. Maya Rockeymoore | Posted 06.29.2014 | Politics
Dr. Maya Rockeymoore

There are families in America who feel they have done all the "right things." They have played by the rules and worked hard but they aren't getting ahead financially. They have many things in common but the thing that is most striking is their racial make-up; they are mostly African-American and Latino.

Divorce Confidential: The Importance of Being Financially Savvy During Divorce

Caroline Choi | Posted 06.18.2014 | Divorce
Caroline Choi

Budgeting your finances and being mindful of how you spend will be key in creating a foundation for a healthy financial picture going forward.

Three Costly Divorce Settlement Mistakes and How to Avoid Them

Christian Denmon | Posted 03.23.2014 | Divorce
Christian Denmon

During divorce proceedings, the devil is truly in the details. One small oversight in a divorce settlement agreement can cost hundreds of thousands of dollars over the course of your lifetime. Here are three examples of small mistakes, based on real-life examples, in which one party has suffered devastating financial consequences.

Social Security for the Life-Cycle

Alan A. Aja | Posted 01.27.2014 | Politics
Alan A. Aja

While we applaud Senator Warren and Paul Krugman for their unequivocal stance not to cut but to expand the benefits of social security, we believe we can be much bolder.

Mad Men Meets Wall Street -- Redux As Television Changes Everything for Mad Men and Hedge Funds

April Rudin | Posted 09.18.2013 | Business
April Rudin

Hedge funds have an opportunity to be transparent and describe their core values, investment strategies and much more than just "track record." But, I'd argue that the biggest challenge facing the hedge fund industry with respect to the JOBS Act is that they can no longer hide.

Listen to Nana

Michael Farr | Posted 07.03.2013 | Business
Michael Farr

Happy July 4th Eve! Tomorrow America will celebrate 237 years of independence. Happy Nana's birthday, too. Today my grandmother, Margaret DuFief Reed,...

Crap: A Philosophy of Sh*t

Kenya (Robinson) | Posted 09.02.2013 | Arts
Kenya (Robinson)

On high authority I've been informed that my work is shit. Mostly I've been desensitized to such proclamations -- I can thank the Art School Critique framework for that -- but its ill-timed delivery, six days before graduation, left me shaken and stirred.

Recognize Talent

Gerald Chertavian | Posted 07.07.2013 | Impact
Gerald Chertavian

Tomorrow, thousands of Year Up students and staff in eight of our cities will take part in our annual Walk for Opportunity. They are rallying to raise public awareness about the massive pool of untapped talent that our young adults represent, and the economic necessity of closing the Opportunity Divide.

Refusing Austerity in America -- How "Baby Bonds" Could Expand Social Security

Alan A. Aja | Posted 06.26.2013 | Politics
Alan A. Aja

We need to expand the conception and reach of social security rather than continuously put it on the national chopping block.

Exit Here: 7 Steps to Successfully (and Profitably) Leaving Your Business

Bill McBean | Posted 04.26.2013 | Small Business
Bill McBean

Being in a position to dictate your own exit strategy should be the highlight of your career because it epitomizes the entrepreneurial dream: Go into business, be successful at it, and leave under your own terms.