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Know-More Blog
History of Retirement Part 2
This is the final part of our series My Financial Coach Presents: History of Retirement. Click Here to start at the beginning and view our video and timeline as well.   Trouble in Pension Paradise   By the 1950s, almost 10 million American employees, or around 25% of the private workforce had a pension. In...
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History of Retirement
It is popular to think of retirement as a modern luxury. When most people think about retirement it almost feels right to think of it as an idea from the 20th century. However, I would like to show you something to help you expand on the history of retirement as something that is far older....
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It’s that time of year again, where depending on where you live, might mean freshly fallen snow, and frigid air. However, these conditions are made all the more tolerable with the trappings of the season such as the warmth of crackling wood in the fireplace and a mug of hot cocoa. Regardless of where you...
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Unfortunately, you actually can’t turn coal into a diamond. However, both share such closely related chemical make-ups that such statements almost seem accurate. From a certain point of view, there is at least some metaphorical truth to this statement as coal’s value is in the eye of the beholder. On a frigid winter night, a...
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We live in an age of technology, and the financial services industry is no stranger to these advancements. Chances are you have already benefited from these advances such as by registering your bank account or 401(k) online so that you can readily view your account balances. In an age of technology, convenience is key, and...
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By this time you’ve seen Christmas slowly creeping around the corner. You can see it on the displays at the end of grocery store aisles, Christmas trees planted in the center of an office building’s lobby, or your local waving mall Santa, Christmas season has arrived. However, Christmas was not always the event it is...
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Congratulations, you did it! Your discipline and dedication to automatically investing through paycheck deductions, and regular savings has resulted in being able to reach your goals and retire. Unfortunately, there may be a hidden downside if you have not been careful in where you invested, as you may get a much larger tax bill than...
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Veteran Benefits
This Monday we observe Veterans Day. For some, this may be a day off work or school, or an opportunity to sell or buy discounted furniture. However, we should also take a pause and remember the real reason we observe this day. Originally deemed Armistice Day to honor veterans of World War I, it was...
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Notable playwright Oscar Wilde famously wrote in his 1889 essay The Decay of Lying, that “Life imitates Art far more than Art imitates Life”. To simplify his essay, he argues that what we find in both our normal lives and thus in nature are really fabrications, an illusion learned from artists over time. Art has...
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Marriage is one of the most defining moments in a couple’s life, and like any major milestone it should not be entered into lightly. While inevitably some marriages simply do not last it is important to understand that some of those marital hurdles can be overcome with patience, compromise, and above all communication. According to...
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