August 2010

10 Guiding Principles For The “New Retirement”

True Wealth

A new retirement is here.  The retirement landscape has changed! There.  I said it.  But you already knew that didn’t you? Things are different than they were three years ago in 2007, when the Dow Jones was above 14,000, your home increased by 15% every year and cats and dogs played nice together! But now, […]

5 Dumb Money Mistakes Jersey Shore’s “Situation” Should Avoid


Mike Sorrentino, from MTV’s controversial (is there any other way for MTV?) reality show, Jersey Shore, has made some smart business deals to put him in a pretty secure money situation. He’ll rake in approximately $5,000,000 by year’s end! Known as “The Situation” on the MTV Jersey Shore show, he earns $60,000 per episode and has also inked a few endorsement […]

True Wealth – Defined.

True Wealth

True Wealth is a topic that’s been on my mind lately. I think it’s because I have been challenged  over the last couple years by this and have been trying to sort through my own definition of true wealth and its implications for my life. In 2007 things were going well.  Business was increasing, I was making […]

8 Exceptions to the 10% Penalty for an Early IRA Withdrawal

Thumbnail image for 8 Exceptions to the 10% Penalty for an Early IRA Withdrawal

Need cash?  Thinking about taking an IRA withdrawal? Think long and hard because you may have to pay  a nice little 10% penalty for early IRA withdrawals! IRA penalty – Oh yeah, Uncle Sam will love you! If you are age 59 1/2 or older, you can take an IRA withdrawal without any penalties at all. If […]

4 Benefits of Using a Retirement Calculator

Personal Finance

If you have not already started planning for your retirement you should start today. While everyone looks forward to their golden years a lot of people are afraid of retirement or have no idea what kind of retirement savings it will take to make for an enjoyable retirement. One of the great tools available to […]

How a Ghost Gave $156 Million to Charity

Estate Planning

Casper was a friendly ghost. Slimer was green and gooey, but you couldn’t help but love him. And of course there’s Patrick Swayze in the movie Ghost – that was just, well, weird. None of them, however, gave away insane amounts of money. I’ve never heard of a philanthropic ghost until now – the ghost of […]

4 Things to Consider When Reviewing Your Life Insurance Plan


The title of this post makes a very big assumption. It assumes you are actually reviewing your life insurance plans! Life insurance seems to hit the gag reflex for most folks.  It’s just not something desirable they care to review, make plans for or discuss. And yet, it’s one of those necessary evils. Your life […]

What’s Worth More – An Old Family Farm, Or a Vintage Comic?


I came across two stories regarding unique items being sold this week. The first story was about the Tuttle Family Farm sale. John Tuttle came to the good ol’ U.S. of A. in 1632 on a land-grant from King Charles I. He used that grant to purchase land near the Maine/New Hampshire border. The farm […]

Money Advice While on Vacation (6 Traps to Avoid!)

Personal Finance

Before you set off on a memorable vacation you will probably read up on the cultural differences of your destination, and other local information to avoid falling into traps of offending locals by dressing inappropriately, or being taken advantage of when you don’t know which street vendors are legitimate. However, there are also plenty of […]