Dave and Elise have healthy savings. They asked Sensible to calculate their financial options based on future family and career decisions.
Financial Planning Basics
Financial Fraud: What Can You Do to Protect Yourself?
100 years after Charles Ponzi created his famous scam, investors can still fall prey to financial fraud. Here are some tips to avoid it.
How Does My Income Affect My Social Security Retirement Benefits?
Social Security retirement benefits are most Americans’ retirement income foundation. Do you know how the SSA calculates your benefits?
The IRS Announced Higher 401k And IRA Contribution Limits For 2019 – How Much Should You Save?
This article originally appeared on Forbes.com. On November 1, the IRS announced cost of living increases to IRA and employer plan contribution limits for 2019. The IRA annual limit increased from $5,500 to $6,000; the employer plan limit (applicable to 401(k)s, 403(b)s, most 457 plans and the Federal Government’s Thrift Savings Plan or TSP) increased[Learn more…]
How You Can Apply The Serenity Prayer To Your Financial Life
This article originally appeared on Forbes.com. God, grant me the serenity to accept the things I cannot change, Courage to change the things I can, And wisdom to know the difference. -Reinhold Niebuhr I often see families who could benefit from more serenity in their financial lives. To illustrate this concept, I created a hypothetical[Learn more…]
The Other One Percent – Part 3 (The Value of Waiting)
This Part 3, of a 3-part series, read the other parts here: Part 1, Part 2. In my previous two articles, I talked about both the relatively small number of Americans who delay receiving Social Security until age 70 (the age that would maximize their benefit), here, and how a breakeven analysis of Social Security[Learn more…]
The Other One Percent – Part 2
This is Part 2, of a 3-part series, read the other parts here: Part 1, Part 3. In my previous article, I noted the (surprising) fact that although most financial planners recommend people delay filing for Social Security until age 70, when the benefit will be highest, only about 1% of Americans actually do this.[Learn more…]