Search

The article reports that the City Council members of New York City urged Mayor Bill de Blasio to cut back the possible trouble on city budget. Topics discussed include the 5 percent potential savings of city agency, the current budget of the New York City, and the insights of spokeswoman Amy Spitalnick on the budget monitors and financial plan of the mayor.

The article discusses the psychological impulses that lead individuals to overspend. It examines inattention to future expenses, the tendency of some individuals to spend money as a personal reward for exercising willpower, and the relationship between psychological moods and spending habits. The article also states that individuals spend more when the value of their real property increases.

The article states that several corporations operating in the U.S. including Apache Corp., Google Inc., and Credit Suisse Group AG were increasing the percentage of employee salaries automatically diverted to retirement plans known as 401(k) plans as of Autumn 2015. According to the article, some companies were diverting as much as 10 percent, though not all corporations were matching such contributions. The article cites statistics from the organization the National Institute on Retirement Security to state that about 40 percent of working U.S. households have no retirement savings.

The article presents four financial maneuvers that individuals should make just prior to retirement including understanding the difference between revocable choices and irrevocable choices and focusing on irrevocable choices, spending money on things such as home and car repairs before retiring in order to maintain cash flow, and diversifying portfolios in order to soften the blow of taxation on required minimum distributions (RMDs) on individual retirement accounts (IRAs). The article also discusses the importance of understanding 401(k) pensions and other benefit plans.

The article discusses several financial factors that parents and children should consider when attempting to choose a college for children to attend. According to the article, parents and children should determine what the student wants from his or her college experience, the financial amount parents are willing to contribute to tuition and other costs, and how much longer parents might expect to work to assist in paying for college. It also discusses student loan debt, financial aid, and the option of community college.

The author presents his thoughts concerning the importance of preparedness among investors in the event that stock markets decline as a result of economic conditions such as the devaluation of Chinese currency and falling oil prices as of mid-August 2015. The article discusses potential overreactions to market collapses among investors, purchasing certificates of deposits, and the concept of pre-mortem investing exercises.

The article offers tips on choosing automated investment advisers. Topics discussed include the common approach of robo advisers including using automation to choose investments and focus on low or no fees, the market value of assets managed by Internet-age advisers and the characteristics of a robo-adviser customer as described by software engineer Ed Lee.

The article reviews a variety of websites, software and mobile applications related to retirement planning, including the longevity forecasting site Bluezones.com, the retirement income planning service ESPlanner, and the estate planning website Everplans.com.

The article discusses the risk of being too cautious when trying to make sure retirement is both solvent and satisfying. He presents the financial planning dilemma facing Peter Nelson, a 61-year-old man diagnosed with blood cancer, the impact of premature death and terminal illness on financial planning, comments from financial planner Dan Goldie, and maneuvers that could allow individuals to spend more in the near future while preserving a certain standard of living in the long run.

The article discusses inexpensive financial-planning and investment-advisory services offered by mutual-fund company Vanguard Group. The firm's Personal Advisor Services unit offers these services for a fixed annual fee of 0.3%. For clients with accounts under $500,000 most of the advice is computer-generated, with more personalized services available for bigger accounts. The author says Vanguard's services should prompt consumers to make their financial advisers justify their fees.

The article discusses the use of computer software by online financial adviser firms such as Wealthfront, Betterment, and Personal Capital, to manage the portfolios of investors with management fees lower than those of traditional advisers, who offer the benefit of developing a personal relationship with investors.

The article examines how consumers can reduce fees associated with their personal finance transaction. Means are suggested for lowering or eliminating fees when hiring an investment advisors, investing mutual funds, engaging in securities trading with a stockbroker and fees such as origination costs associated with obtaining a mortgage loan for house buying.

The article discusses findings by investment analysts Stephen Sexauer and Laurence Siegel that in order to be virtually certain of not exhausting one's savings during retirement, a person should enter retirement with an amount equal to 22 times what he wants his annual retirement income to be. Specific investment recommendations are provided for a target yearly retirement income of $100,000.

The article considers 401(k) plans and other tax-deferred individual retirement accounts. Means by which employers and financial services industry firms which operate such plans are seeking to increase employee contributions to them are considered including automatic increases in employee contributions, software to provide more accurate calculations in retirement financial planning and personal finance education for employees.

The article examines retirement planning. Research indicating that many retirees can live on less than the 75-85 percent of their preretirement income traditionally recommended by the financial services industry is discussed in relationship to the need for retirees and soon to be retired persons to account for their individual circumstances in retirement planning.

The article examines a trend in which video, Internet and mobile games are being developed as methods of teaching savings and investment or as aids in personal financial planning. The development of such games by financial services industry firms and other companies is examined. The psychological basis of the games as a teaching or planning method is discussed.

The article discusses goal-based investing as an investment strategy which involves financial planning to achieve life goals, focusing on the process of identifying goals. Topics include risk management and specific types of goals involving philanthropy, lifestyle financing, and college tuition payments.

The article considers retirement planning and finance in the U.S. The added need for income in retirement due to increased longevity is discussed. Efforts by the financial services industry to address this need are examined including monthly income estimates on 401(k) plan statements, sales of variable annuities with guaranteed benefits and the use of investments in bond funds to generate income.

The article discusses a measure of deception among certified financial planners (CFP) who advertise as being paid exclusively by fees charged to clients. Some who claim to be fee-only advisers work for brokerage firms or insurance companies that in fact charge commissions. Standards set by regulating body the CFP Board bar such planners from calling themselves fee-only advisers.

The article discusses personal finance and presents two popular strategies for generating and maintaining a budget: continuous tracking and short-term tracking. Topics include financial planning and achieving goals for retirement, continuous tracking of accounts and periodic expenses, and the use of computers in financial planning. INSET: THE READERS WEIGH IN: BUDGETING.

The article discusses a trend in financial services wherein people accustomed to managing their own financial planning are making greater use of online tools provided by mutual-fund companies and brokerages, or holding occasional consultations with a professional adviser. Companies benefiting from the trend include fund company Vanguard Group and brokerage Charles Schwab Corp.

The author offers advice to U.S. investors in 2013, and mentions the economic aspects of financial portfolio diversification and the effects of inflation, recession, and economic expansion on stock prices. Research conducted by executive Mark Kritzman from investment firm Windham Capital Management is discussed, as well as financial planning based on historical correlations in the stock market.

The article discusses financial discipline among offspring of U.S. baby boomers. Figures indicate participation in corporate 401(k) plans among workers under 25 grew substantially between 2003 and 2011, while the incidence of credit-card debt among those under 35 declined. A survey by brokerage firm TD Ameritrade Holdings Corp. revealed baby boomers were less likely to have both individual retirement accounts and 401(k) plans than younger workers.

The article presents advice for grandparents on how to help support their grandchildren financially without jeopardizing their retirement funds, providing tips like lending money instead of giving it to grandchildren outright, leaving a posthumous inheritance, and donating to grandchildren equally.

The article discusses the financial impact of the baby boom generation in the U.S. counting upon inheritances from their parents as of June 11, 2012. According to the article, many baby boomers were likely to inherit much less money than expected from their parents due to longer lifespans, savings spending, and financial difficulties. The article presents comments from Bryn Mawr, Pennsylvania, estate planner M. Holly Isdale. INSET: Low Priority.

The article presents financial advice to lottery winners and others who suddenly receive a large sum of money. Recommendations include abstaining from making any sudden financial decisions, depositing the funds into a safe vehicle such as a money-market fund before deciding what to do with them, and hiring an estate-planning attorney.

The article considers portfolio management in personal finance by small investors. Several leading investment fund managers and finance professors in business education including Jack Bogle, Jeremy Siegel and David Rosenberg express the opinion that stocks are likely to have a much higher rate of return in the 2010s than will bonds or bond funds, particularly stocks offering high dividends. They express a consensus that bond prices have reached the end stage of a bull market.

The article presents advice to people who are within ten years of retiring but are behind schedule in accumulating retirement savings. Such people can boost the potential return on their portfolios by increasing the share devoted to stocks, but they shouldn't make stocks so preponderant that their savings become overly risky.

The article examines retirement planning and personal portfolio management. The role of random chance in the performance of financial assets, in which asset prices may or may not increase during the years of an individual's work career, is discussed. Steps to alleviate the risk of low performance, such as increased savings and diversification of assets, are considered.

The article focuses on advice for increasing personal finance savings. It states that people should get into the habit of saving money from their first job and to transfer some money to savings with every paycheck to prepare for emergencies. It comments on the need to continue putting money in savings when having a family. It talks about the need to put aside around 10 percent of wages toward a retirement account. It mentions methods of effectively preserving retirement funds after retiring.

The article discusses the psychology of capitalists and financiers, particularly as it relates to personal finance. The role that emotions play in creating poor decisions by investors is examined, and several common mistakes are given. A general theme of the mistakes is that emotions cause investors to lose the self-discipline needed for long-term financial success.

The article focuses on the use of financial planning and analysis (FP&A) strategy by various companies such as domain name seller GoDaddy Inc. and restaurant holdings company Dunkin Brands Inc.

The article presents excerpts from industry experts on topics including the debt of Millennials, the amount of needed cash reserve, and health savings accounts.

The article reflects on the study by professors at the University of Utah which found people whose families have history of Alzheimer's disease as much more likely to seek expert financial advice and to delay retirement.

The article reports on the rebranding strategy of financial planners in the U.S. and the concern of financial adviser Deena Katz and other advisers on the impact of such strategy on people who need urgent financial help.

The article reports on the interest rate cut of the People's Bank of China due to the slowing economy which is burdened by debt and overcapacity and the launch of the five-year plan from 2016-2020 which promises the liberalizing of the financial system and the interest rate.

The article presents the results of a study which measured the financial expectations and experiences of workers and retirees 50-years-old and older in the U.S. as of mid-October 2015, including the percentage of those who retired earlier than planned who claim that their finances are better.

The article offers the authors insights on financial planning or wealth management, exchange traded funds (ETFs), and challenges faced by older divorced women associated with poverty.

The article focuses on the significance of game plan of saving more and spending less at the age of 40 years old.

The article focuses on the significance of a financial strategy amidst the increasing number of millennials who live with their parents in the U.S.

The article reports that the popularity of behavioral finance has motivated financial planners to act as therapists by helping clients get in touch with their feelings behind their relationships with money, including exploring experiences that contribute to self-destructive financial behavior.

The article presents advice to retirees on how to manage their retirement savings amid a declining stock market. Rather than abandon stocks, retirees would be better advised to reduce their annual withdrawals. One way to accomplish this is to refrain from giving yourself a cost-of-living increase each year.

The article presents an overview of things that parents can do to make their children smarter about money. The advantages of teaching children about delayed gratification, teaching them how to manage money, sharing financial information with them, teaching them to be suspicious of large displays of wealth, and eight other financial learning tools are presented.

The article focuses on the methods which might be used to reopen a Florida state run fund that has been crippled by withdrawals from local governments and school districts because of worries about its exposure to subprime mortgage loans. A discussion of the fund's investment managers decision to hire BlackRock Financial Management to help in the reopening of the fund with the reopening of the Local Government Investment Pool, is presented. Suggested Headings

The article discusses shortcomings of target date mutual funs. Such funds are designed to be a person's only investment, adopting a more conservative investing philosophy with the passage of time. Differing investment goals and levels of risk tolerance among investors can make target date funds a less than optimal choice.

The article presents advice and information for investors that are having difficulties sorting out funds from financial firms, including Fidelity Investments and Janus Group Inc. that have hired additional stock analysts and money managers. Investors are advised to consider whether a money manager owns shares of funds he is offering, beware of closet indexers, avoid getting caught up in a fund's performance against its benchmark, and avoid waiting for a stock picker's market.

The article reports on methods, including off loading some of its mortgage related assets to hedge funds, which Merrill Lynch & Co. is using to try to recover from a third quarter $8.5 billion loss which led to the forced retirement of former chief executive officer Stan O'Neal. Questions which have been raised about the timing of and reasoning behind the sale of the assets are discussed.

The article focuses on the impact an increase in the number of financial planners who are retiring in 2007 is having on U.S. investors. Advice and information for investors who are facing the retirement of their advisers, including advice which centers on what to look for in a new financial planner, is presented.

The article focuses on fee-based brokerage accounts in the U.S. The author reports that as a result of a federal court decision, firms have until October 2007 to end their fee-based brokerage programs. The article defines those programs as popular accounts in which clients typically pay an annual fee for an unlimited number of transactions along with basic investing advice. The court found fault with the program because brokers were giving advice without being registered as investment advisors.

The article provides advice on how U.S. taxpayers can save money on their 2007 taxes. Many tax write offs are expiring at the end of 2007. Money donated from retirement accounts up to a maximum of $100,000 is not taxable. Teachers can deduct for classroom supplies purchased out-of-pocket. Tax credits for installing energy improvements to a home are scheduled to end in 2007.