I’m a huge believer in holding cash – in bank accounts and investment accounts. It’s rare when my investment accounts don’t hold at least 10% cash and I like to hold at least 6 months worth of cash expenses in…
Do You Have Retirement Plan?
CNBC has an article out this morning discussing the dire situation many Americans face when it comes to retirement planning. Astonishingly, “more than half of employees age 55 to 64 say they have not even run a retirement-plan estimate.” Given…
More Trouble in the Municipal Bond Market
The Wall Street Journal had a great article this weekend on the problem with pension funding for government employees at the state and local level. As people live longer and financial promises made years ago come due, cities and states…