This Friday 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...Read More
Thirty years ago, I discovered and set out to master the nonqualified deferred compensation field. I designed and placed several hundred plans prior to the 1986 Tax Reform Act, which caused dramatic changes in how these arrangements were funding. Prior to the Act, we could credit participant accounts with 18 to 22 percent guaranteed interest...Read More
As a highly compensated executive, you are focused on your career and management responsibilities. But no employee can afford to overlook personal financial planning. At the same time, your employer has a vested interest in helping you, and not just in your job, but in your personal wealth management as well. Why? Because when you’re...Read More
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...Read More
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....Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
