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Category: Rick Miller

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What If You Die Young? Protect Your Family in Three Easy Steps. Life Insurance Is Just One.

February 11th, 2020 by
An estate plan protects your family.

It’s important to make an estate plan that protects your family if you die. Losing a loved one is hard enough without losing your standard of living too.

When I’m 64…Err 94: Retiring Gracefully Along With Your Parents

September 24th, 2019 by

These days, families deal with parents and children aging together. What steps can you take to reduce the chances that either you or your parents will have to struggle financially during your retirement?

Stop, Look, and Listen: Don’t Be A Ponzi Scheme Victim

September 9th, 2019 by
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Why are Ponzi schemes so popular, both with fraudsters and with investors, and how can you avoid becoming a victim?

What Is Your Backup Retirement Plan?

June 26th, 2019 by

This article originally appeared in You’re happy in your career. You’re earning enough for now and putting money away for later. You feel productive. You like working. When asked, you say you have no plans to retire until you’re at least 65. Surprise! Things happen. You could confront health challenges that affect you or […]

How You Can Apply The Serenity Prayer To Your Financial Life

December 17th, 2018 by

This article originally appeared on 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 […]

The IRS Announced Higher 401k And IRA Contribution Limits For 2019 – How Much Should You Save?

November 27th, 2018 by

This article originally appeared on 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 […]

Yield Curve Inversion

August 24th, 2018 by

Who’s afraid of the inverted yield curve? The financial press has been worrying about the yield curve[1] recently. The yield curve is “flattening,”[2] and that flattening “raises a warning flag.”[3] If you read the articles, you’ll see that the authors are most concerned about the possibility that the yield curve may become “inverted.” This raises […]

Trade Deficits And Tariffs And Trade Wars, Oh My!

May 17th, 2018 by
trade deficits trade wars tarrifs sensible financial

International trade, and especially US international trade deficits, have been a large part of the news recently. President Trump has seized on trade deficits and the impact of globalization on US jobs and US businesses as central political issues. International trade plays an increasingly important role in the US economy. The chart above shows exports […]

Responding to the Recent Stock Market Decline

February 12th, 2018 by

You may have heard that the stock market has been very volatile recently, with several days of significant declines. The drops in the US market on Monday, February 5th and Thursday, February 8th were especially large, around 4%, depending on the index. This followed a decline on February 2nd of a bit over 2%. To add […]

Sustainable Investments: A Sensible Approach

January 17th, 2018 by

Edward Samp contributed extensively to this article. Many investors have become interested in the impact of their investment decisions on the world in which we live. While the primary objective of your investment strategy may be financial: e.g., allowing you to live comfortably in retirement or putting your children through college, some investors also desire […]