Retirement | Money Counselor

SEP or Roth IRA?

Apr 26, 2016 by Kurt

Are you self-employed (a freelancer)? Then you may be able to build a retirement fund far faster contributing to a SEP IRA instead of to a Roth IRA.

Long-Term Care Insurance

Apr 21, 2016 by Kurt

A reader wrote me to ask whether long-term care insurance is recommended. It’s a tough question, and very dependent on individual circumstances. Can you help improve my reply to the reader, please?

Please Ignore!

Apr 19, 2016 by Kurt

What’s the worst sort of advice? “Standard” advice. Here are 3 pieces of standard financial advice best ignored.

Tax Refund Time!

Apr 6, 2016 by Kurt

You paid the government too much in 2015, and now a fat tax refund is coming your way. Here’s how to get the most bang for your refund buck.

Saver’s Tax Credit 2015!

Mar 24, 2016 by Kurt

You still have time to slash your 2015 tax bill by up to $4,000! Here’s how.

Seniors Have More Debt

Mar 18, 2016 by Kurt

The average American 75-year old carried 25% more credit card debt in 2015 compared to 2003. As my late mother once said to me: “These are definitely not ‘the golden years’.”

Social Security Reminder

Feb 25, 2016 by Kurt

Did you get an email reminder to review your annual Social Security Statement online? Did you wonder whether the reminder was legitimate? I did. And do.

Stocks: Too Risky for Retireme...

Jan 21, 2016 by Kurt

For the third time just since 2000, markets are again illustrating why the standard “expert” advice to retirees to invest the lion’s share of their portfolios in stocks is, for most of these small investor retirees, not only wrong but inexcusably irresponsible.