by Jay Beattey | Nov 26, 2014 | Articles, Personal Finance, Retirement
In a recent review of all things financial (my favorite pastime), I stumbled across this tidbit. More than one-half of all Americans pay no taxes on a net basis. In fact, the bottom three quintiles (the bottom 60%) have a net tax liability that is NEGATIVE.
by Jay Beattey | Nov 22, 2014 | Articles, Insurance, Personal Finance, Retirement
Good news from the non-profit Society of Actuaries – you’re likely to live longer. Since “mortality” tables were last updated in 2000, the average 65-year old woman will now live 88.8 years (up from 86.4 in 2000); and men will live to 86.6 (up from 84.6 in 2000).
by Jay Beattey | Nov 6, 2014 | Personal Finance, Retirement, Wall Street, Wealth Building
If Warren Buffet has a counterpart – it’s John Bogle, retired founder of the Vanguard family of mutual funds. Bogle has gathered a crowd of followers over the years who call themselves Bogleheads. The Bogleheads had their annual meeting a couple of weeks ago, and...
by Jay Beattey | Aug 29, 2014 | Articles, Personal Finance, Retirement
“Pack the car mama – we’re gonna live on Easy Street.” That’s the refrain I hear as the stock market continues to defy gravity and set weekly records. Everyday folks are running to the mailbox to see how much richer they are this month than last. I hate to burst your...
by Jay Beattey | Aug 19, 2014 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Many people ask my opinion about the Roth IRA. My short answer is that they’re the second best deal out there – so I’m a pretty big fan. But the Roth has its limitations. Many people don’t qualify because of income and other limitations. My experience (and...
by Jay Beattey | Aug 14, 2014 | Articles, Millennials, Personal Finance
It’s ‘back-to-school’ time – and even younger parents are thinking about how they’ll ever be able to pay for Junior’s college. Since many of our parents were able to pay for college – we naturally consider it a parental responsibility to do the same in return. The...
