The purchase price of your car is one factor to consider. But the Total Cost of Ownership — adding in costs for insurance, fuel, maintenance and repairs, as well as the residual value upon sale — is a better way to evaluate financial aspects of a car purchase.
Same too goes for selecting investments. Many solely use the expense ratio to determine what fund to buy. But while the expense ratio is important, it does not tell the whole story. In fact, it may tell only a small part. Continue reading
Listen to learn about your health insurance options from the time you retire to before you can begin Medicare at age 65. Should you take COBRA? What types of plans are available for Affordable Care Act (ACA or Obamacare) plans, and how much do they cost? How do ACA tax credits work, and how valuable are they? Continue reading
Healthcare is a primary concern, especially for retirees. Transitioning from employer-provided coverage you’ve been on for decades is stressful. Good news is Medicare is a good deal, but you need to make smart decisions. Listen to learn about Medicare, it’s costs, pros and cons of supplemental and advantage plans, and much more. Continue reading
Proper investment diversification works … even when you don’t want it to. With the US stock market and particularly large technology stocks having the wind at their backs recently, many are eschewing diversification to chase these high flyers, rhyming with the Tech boom and bust of the 1990s.
As the saying goes, if we forget history, we are doomed to repeat it. In that spirit, hear Kevin tell an investment tale of the last two decades. Continue reading
Biden or Trump? Republicans or Democrats? Who will be better for the economy and your investments? These are questions many are asking with the election quickly approaching.
Many let their political beliefs influence their investment strategy, but should they? Hear Kevin discuss what the evidence shows and how our political beliefs may influence our perceptions of reality. Get ready to check your alternative facts at the door and get real. Continue reading