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Financial Planning

Smaller House, Bigger Life

David Geller | Posted 10.01.2014 | Business
David Geller

If we redefined success to more closely reflect our values, what matters most to us, would we still want the big house? Or would we select the smaller space that allows us more time and energy to devote to relationships and creating our best life?

Pay Off Your Mortgage in 12 Years or Less!

Gina Horkey | Posted 09.29.2014 | Money
Gina Horkey

When people think about buying a house, they also traditionally think about obtaining a mortgage for the next three decades of their life. It's inefficient and it's definitely not the most cost-effective way to ultimately own your home. In fact, it's rather depressing!

Hardly Strictly Warren Hellman: A Bluegrass Hero and Civic Patron

Joyce Franklin | Posted 09.29.2014 | Business
Joyce Franklin

For inspiration on how to manage the flexibility that accompanies Phase 4 of the Four Phases of Startup Life -- the What's Next? stage that comes after a liquidity event -- look to Warren Hellman.

How to Pay Off Your Mortgage Before You Retire

realtor.com | Posted 09.23.2014 | Money
realtor.com

For most of your life, preparing for retirement means investing. But as the actual date approaches, you also will need to streamline your budget so yo...

Would You Rather See a Dog Brush His Tongue or Learn How to Prepare for a Secure Retirement?

Jerry Patterson | Posted 09.24.2014 | Money
Jerry Patterson

While you may not have time to read a book on financial planning or have the expertise to use elaborate financial-planning software, I would encourage you to take advantage of the amazing amount of free educational content available online. There are plenty of quick, bite-sized moments of learning that can have a material impact on your financial future.

What's a Financial Intervention?

David A. Dedman | Posted 09.23.2014 | Money
David A. Dedman

If you know someone that is showing truly financially destructive behavior, try to approach the person and let them know that they are hurting themselves. If they resist, then it may be time for an intervention.

Don't Have Any Retirement Savings? You're Not Alone

Buck Wargo | Posted 09.03.2014 | Fifty
Buck Wargo

Those 50 and older have got a lot of catching up to do if they want to have a comfortable quality of life due to their retirement savings.

3 Big Differences Between a Financial Planner and an Investment Advisor

James C. Gibson | Posted 08.29.2014 | Business
James C. Gibson

It's no secret. There is a massive shift happening in the financial advisement industry. There are so many great opportunities opening up for young investors with smaller portfolios to have access to the same investment advisors and funds that millionaires have access to.

What Is Your Family Mission?

Pioneers for Change | Posted 08.28.2014 | Business
Pioneers for Change

The starting point for this is often posing the question "what is your family mission?" And I would challenge all families to think in this way and ask themselves the same question.

Columbo Had His Questions, But He Never Hired a New Financial Adviser

David A. Dedman | Posted 08.28.2014 | Money
David A. Dedman

Now you are your own Columbo. You have a few questions at the ready to slip into the conversation after they get to talking. Maybe after the pleasantries? Remember, you are looking for straightforward answers to the questions. No evasive stuff.

Trying to Encourage Millennials to Save for Retirement? Three Key Factors to Consider

Jerry Patterson | Posted 08.26.2014 | Money
Jerry Patterson

Here are my top three things to consider if you're trying to encourage millennials to save for retirement.

Advancing Past Average: PISA's Financial Literacy Assessment Shows United States Has A Long Way To Go

Shannon Schuyler | Posted 08.29.2014 | Money
Shannon Schuyler

"Average is not good enough." I couldn't agree more with that statement from U.S. Secretary of Education Arne Duncan about financial literacy. Yet average is what the United States is, according to the Programme for International Student Assessment's (PISA) recently released financial literacy data.

Sudden Wealth From a Divorce?

David A. Dedman | Posted 08.21.2014 | Money
David A. Dedman

Divorce may require you to deal with a lot of wealth and complex questions that you never had before. Make sure you have the right advisers in place.

Lump-Sum vs. Income Payments: Why Do So Many Retirees Take the Money and Run?

Jerry Patterson | Posted 08.13.2014 | Money
Jerry Patterson

The moment we're faced with deciding whether to take a lump sum often happens at the moment of retirement, which also means it's the moment our paycheck is turning off. Similar to a light switch turning off.

Social Security: The Biggest Decision You'll Ever Make

Buck Wargo | Posted 08.13.2014 | Fifty
Buck Wargo

People need to consider all sources of income before making a decision about Social Security, including the use of a reverse mortgage that are growing more popular.

Is Gratitude the New Willpower?

David Geller | Posted 08.11.2014 | Business
David Geller

Given the limits of willpower, some psychology professors at Northeastern University began thinking about alternatives. Might experiencing certain emotions help curb our desire for the short-term gratification that comes from spending money

3 Great Things Betty White Taught Me About Retirement

Wm. Scott Page | Posted 08.04.2014 | Fifty
Wm. Scott Page

Nine years ago, one of our executives who happens to be a marketing genius, walked into my office with an idea that I thought was completely crazy. He said we should try to get Betty White to be a spokesperson for our company. How do we even get a meeting, I asked? How could we afford her?

Is Cash Obsolete?

David A. Dedman | Posted 09.30.2014 | Money
David A. Dedman

Younger generations use plastic and electronic payments more than anyone. Look at PayPal, Amazon and iTunes. It's just a natural thing for them. While older generations prefer cash and checks.

Sudden Wealth From a Job Change?

David A. Dedman | Posted 09.28.2014 | Money
David A. Dedman

Every Life Event, including a job change, comes with questions. You'll have some big decisions to make.

'Click': Are You Ready for the Big Switch?

Jerry Patterson | Posted 09.21.2014 | Money
Jerry Patterson

At the moment of retirement, our paycheck stops like a light switching off. (Click!) For many, Social Security checks are significantly lighter than a regular paycheck, and yet, most of us still do next to nothing to adjust to this new reality.

Rethinking the American Dream

David Geller | Posted 09.15.2014 | Money
David Geller

The American Dream now costs $130,000 a year. At least that's the figure USA Today came up with. Rethinking my money-based version of the American Dream helped me discover there is more to life than checking boxes.

Making the Most Out of Ch-ch-changes

Mark Steber | Posted 09.15.2014 | Money
Mark Steber

From getting married to having a baby or even getting divorced, use our tips to help keep more of your money in your pocket.

The BE WISE Planning Strategy for Tech Executives and Entrepreneurs

Joyce Franklin | Posted 08.30.2014 | Technology
Joyce Franklin

Mark Zuckerberg does it. So does his sister Randi. Vinod Khosla has been doing it since before the Zuckerberg siblings were born. Reddit co-founder an...

5 Best Practices for Tech Bubble Preparedness

Robert S. Hull | Posted 08.24.2014 | Business
Robert S. Hull

As you think about how to maintain and grow your business in both good times and bad, think of our best practice guide below as a form of "tech bubble preparedness kit."

Chaotic, Hectic Life? Get a Plan

David A. Dedman | Posted 08.17.2014 | Money
David A. Dedman

Excuses. I hear them all the time. Investors falsely believe that financial planning should be done when our lives are calm. That's just not the case.