by Jay Beattey | Feb 25, 2014 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Once upon a time, the good old “defined benefit” pension plan promised Ma and Pa a guaranteed lifetime retirement income. Employers put a portion of an employee’s salary into an account that would be invested over the years to cover the retirement income obligation....
by Jay Beattey | Feb 11, 2014 | Articles, Retirement, Wall Street
Far more people have over-spending problems – than have under-spending problems – so you may be tempted to dismiss this article as completely irrelevant. But there’s a good chance that even if you’re an over-spender now – you’ll find yourself an...
by Jay Beattey | Jan 30, 2014 | Articles, Retirement, Wall Street, Wealth Building
It’s March, 1981: I’m a college senior following my beloved Indiana Hoosiers to Philadelphia for the final four…without a ticket, of course. Seeing a group of cabbies selling tickets curbside, I approach. A guy who would make Leroy Brown look stunted and...
by Jay Beattey | Jan 28, 2014 | Articles, Personal Finance, Retirement, Wealth Building
How valuable is each dollar you receive? It depends how you receive that dollar. A dollar that is “gifted” to us is more valuable than a dollar of wages paid to us. Why? Because a dollar in wage must be taxed first, leaving us with less than a dollar. There’s a...
by admin | Jan 24, 2014 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
No More Wall Street Live is an ongoing series of Live web events hosted and conducted by Jay Beattey. Based on his best-selling book Rigged, Unlearning Mainstream Financial Propaganda and Building Your Personal Fortune, Jay will walk you through the wealth-building...
by Jay Beattey | Jan 14, 2014 | Articles, Personal Finance, Retirement, Wealth Building
I have to admit – the allure of tax-qualified plans like 401ks, IRAs, SEPs, 403bs, Keoghs, and others – is compelling. · There’s the ability to contribute pre-tax dollars · There’s the tax-deferred buildup · And some such plans...
