How to Retire at 50
Over my career as a financial advisor and radio show host I’ve talked with many people who are late into their 60s or even 70s and still working. So when I wrote my book, You Can Retire Sooner Than You Think, I felt the need to educate people about the possibility of retiring in their […]
US Labor Dept. Setting New Rules For Retirement Accounts
There’s blood in the water right now for the financial industry, and it’s because investors often don’t understand how they’re paying for investment advice. The United States Department of Labor is proposing a new guideline for retirement investments referred to as the Fiduciary Rule. The rule would require financial industry professionals working with clients investing […]
Facebook FOMO (Fear of Missing Out)
The Twenty-First Century has been rough on investors. In 2000 we saw the dot-com bubble burst, and in 2008 we saw the bottom drop out of the U.S. stock market when the financial crisis was in full swing. Both of these events reminded investors just how difficult markets can be, and moved scores of investors […]
Wes Moss Explains the $1000-Bucks-a-Month Rule
There are a number of financial “rules of thumb” that I feel strongly about as they relate to supplementing retirement income with retirement savings. While I like to believe all of these rules hold a good bit of value and are well understood, one of my all-time favorites is the $1,000-Bucks-A-Month Rule. What is it? […]
Boomers’ Retirement Perceptions Don’t Equal Reality
Last month, I read a study released by the Insured Retirement Institute (IRI) which surveyed 803 Americans aged 52 to 68 (Baby Boomers) on their expectations for retirement. I was shocked to read that the overall “economic satisfaction” for Boomers has dropped to a five year low of 48 percent. I’m assuming that the economic […]
Get A Life In Retirement
A few weeks ago I interviewed author Ernie Zelinski on my radio show, Money Matters with Wes Moss. Ernie is an international best-selling author who has written about my favorite topic – early retirement. His book, How to Retire Happy, Wild, and Free, is a wonderful compliment to my own book, You Can Retire Sooner […]
Why A College Degree Is Still Worth It
I recently played “The Game of Life” for the first time in decades with my two older sons. We were sitting around the board at the dining room table, and it hit me how realistic this game can be. Players have to make big “life” decisions that ultimately help determine whether you win or lose. […]
Mo’ Money, Mo’ Problems – Why Inheritances Fail
America is currently undergoing the greatest wealth transfer in history. There is $1 trillion (yes, that’s with a “T”) in assets being transferred each year now through the next 46 years. According to a study released from the Boston College Center on Wealth and Philanthropy in 2014, there is an expected $59 trillion that will be […]
Talk About Money Before The Wedding
Weddings are a wonderful (and fun) cornerstone of our American culture. However, since I was married more than a decade ago, it seems like the cost continues to rise. Weddings are increasingly becoming more complex and expensive. Couples are hiring photographers with drones to capture unique overhead shots of the ceremony. Brides now purchase as […]
What You Should Know About Medicare
You’ve heard about and most likely been paying into it for years, but (like most of us) you probably don’t fully understand it… Medicare. Thankfully, I work with Al Schiebel, the knowledgeable healthcare insurance expert who runs the ship at www.shopbenefits.com; I spoke with him recently to get a better understanding on exactly how Medicare […]
