Retirement pitfalls part 2: IRA distributions

By Eric Reich Last week we discussed some of the pitfalls in retirement planning. This week, I wanted to continue that discussion with a pitfall so big that it warrants its own article. There is currently about $45 trillion dollars sitting in retirement plans and...

Avoid these common pitfalls in retirement planning

By Eric Reich I often tell clients that when it comes to investing, the way up is a lot easier than the way down. On the way up, low-cost, well-diversified portfolios can help get you to the goal. In most cases, there aren’t a ton of other factors involved in...

What’s the price of a low credit score?

By Eric Reich We all know that we should strive to have good credit, but why? What is the reason good credit is so important? This week, I decided to calculate what the average household would pay for a mortgage, car loan, and credit card if they have good credit and...

How to save money

By Eric Reich We all know we need to save money, but many of us also struggle with it. Why do we find it so hard to save? For starters, saving isn’t exactly fun. I’m not so naive as to think that you all love to save. While saving can be made to be fun, it typically...