Mitch Tuchman

Mitch’s career has spanned the technology and investing industries, overlapping in recent decades. A common thread throughout his career has been his mission to find solutions that will help consumers. In 2012, Mitch and his Harvard Business School colleague Scott Puritz collaborated to develop an innovative investment offering for consumers, completely unique from the commission-based broker model prevalent within the financial services industry. They founded Rebalance to help Americans plan for successful retirements: the firm offers “Ivy League” endowment-style investment advice, top-notch service, transparency, and some of the lowest fees in the industry. Mitch graduated from Boston University with a B.S. and earned his M.B.A. from Harvard Business School. He is a frequent guest on CNBC, PBS/Wealthtrack with Consuelo Mack, and CNN, and is regularly featured in major financial publications, including The New York Times and The Wall Street Journal.

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Can’t Drive 55? Good Luck Retiring On Time — And In One Piece

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Those of us a certain age remember the mid-1980s rock anthem “I Can’t Drive 55,” by Sammy Hagar. It’s a funny, ridiculous song, coming out about a decade after the country established a nationwide maximum speed limit of 55 mph in reaction to the oil shock of the 1970s. The video for the hit song is equally… Continue reading →

 

Kevin O’Leary Says Pay All Your Debts By Age 45 — Including Your Mortgage

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“Shark Tank” star Kevin O’Leary knows how startup businesses succeed — or fail. Most businesses make it past that crucial first year by finding investors while controlling costs tooth and nail. If only retirement investment advice had that same approach. “If you want to find financial freedom, you need to retire all debt — and… Continue reading →

 

Day Trading Stock Is A Guaranteed Slaughter. So Why Do It?

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Every so many years, it seems, the stock market is flooded with mindless cash, an influx of inexperienced day traders looking for a quick buck and a thrill. It’s happening again. Consider the weird saga of Hertz, the long-respected car rental brand. Undone by debt, it’s not clear the company will survive. They’re dumping cars… Continue reading →

 

Beware The Many Vultures Eyeing Your Old 401(k) Money

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Tens of millions of Americans are out of work as a result of the COVID-19 pandemic and associated shutdowns. Once the economy restarts in earnest, chances are many of them will return to different jobs, even different careers. That kind of monumental shift in the economy will be an acceleration of an already common experience… Continue reading →

 

Your 401(k) Won’t Be Enough For Retirement

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In light of the continuing pandemic, Congress has temporarily changed the rules on hardship withdrawals from your 401(k). It’s easier to take money out penalty-free, up to $100,000, and you can pay it back and avoid the tax hit. But should you even think about raiding your 401(k) plan? Vanguard, the investment firm founded by… Continue reading →

 

Retirement Investors Have A Chance To Stretch Their Charitable Dollars 

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Tumultuous times like today’s COVID-19 pandemic tend to bring out the best in us, and you don’t have to look far to find examples: Canned food drives for local food banks, a surge in blood donation, and otherwise idled restaurants providing donated meals for healthcare workers. There’s no lack of need, more so given the… Continue reading →

 

Jason Zweig Is Right: You Probably Already Have $1 Million But Act Like You Don’t

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I’m a big fan of Jason Zweig, the Wall Street Journal investing columnist. His recent piece on bear market investing is a classic of financial communication: Use an easy metaphor to explain a difficult concept. In this case, Zweig explains the widely known but mostly misunderstood concept of a bear market, times when stocks fall… Continue reading →

 

Investing In A Stormy Market: Warren Buffett’s Advice Still Rings True

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The COVID-19 crisis has been an unprecedented shock to our country. We are greeting daily with heart-wrenching images of families torn by loss and communities reeling from the hefty physical and emotional toll. The economy is reeling too. Expect crazy numbers ahead. Unemployment is projected to rival the Great Depression. Stock markets are volatile for the first… Continue reading →

 

Warren Buffett’s Latest Advice Could Help You Retire Much Richer

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Warren Buffett, the iconic billionaire investor and chairman of Berkshire Hathaway, recently released his latest letter to shareholders. You probably didn’t hear a lot about it, not least of all because the stock market has been generating plenty of news on its own lately thanks to reaction to the coronavirus. It’s still very much worth your time… Continue reading →