Congress at long last has taken action to offset the dismal retirement outlook for Americans, passing the SECURE Act with bipartisan support. There is a lot going on in the legislation (1,773 pages!), such as making it far easier for more Americans to qualify to use 401(k) plans by expanding cost-effective plans to small employers.… Continue reading →

It’s hard to fathom, but the box-office hit “9 to 5” starring Jane Fonda, Lily Tomlin and Dolly Parton made its debut nearly 40 years ago. The 1980 office farce classic is the tale of three women who kidnap their boorish, sexist boss, played by Dabney Coleman. Their problem to overcome is how to run… Continue reading →

Our very own Mitch Tuchman, Rebalance Managing Director and Chief Investment Officer, tells The Philadelphia Inquirer how annuities can be both good and bad for everyday investors. SECURE Act, signed by President, a game-changer for retirement plans by Erin Arvedlund The most significant legislation affecting retirement became law — as of Friday, Dec. 20. Congress… Continue reading →

Every January, a flood of people resolve to lose weight. Then they show up at a nearby gym for the first time ever. By February, everything settles down and the true gym rats are left to grunt in peace. That’s how it goes with resolutions. We break them at the slightest test of will. What… Continue reading →

The vast majority of people don’t understand compound interest, a point not lost on the legendary physicist Albert Einstein. Privy to the forces that govern our physical existence, Einstein’s theories continue to be proven decades after this death. Yet even he marveled at this simple financial concept. Einstein is reputed to have said: “Compound interest is the… Continue reading →

During this time of year families spend ample time together. This occasion provides a great opportunity to help aging parents with their finances. New York Times columnist Alina Tugend explores how to navigate this tricky yet important financial conversation. How to (Gently) Help Your Aging Parents Manage Their Money by Alina Tugend When Reagan Alonso, a… Continue reading →

We all know the stories of famous athletes who go broke. And then there is the infamous “lottery curse,” where winners end up bankrupt a few short years after hitting the jackpot. Most folks think that they’re smarter than that. They believe they will properly manage any inheritances that come their way. If only we… Continue reading →

When do you expect to retire? Maybe age 65 or later? Think again. On average, most Americans leave work just before the age of 60. There are a variety of reasons. Health is one, but plain old downsizing happens too. In fact, half of workers nationwide over the age of 50 are pushed out the door against… Continue reading →

My business partner Mitch Tuchman, Rebalance Managing Director and Chief Investment Officer, tells Reuters how our clients save on annual portfolio rebalancing fees and how zero commissions ends an outdated and conflicted business model. How to make the most of a zero-commission world by Beth Pinsker, November 14 2019 How interested are people in trading stocks… Continue reading →