Too Much Complexity Isn’t a Good Thing

A year ago, I began including doodles with my weekly commentary. The first one was a sketch discussing the impact of changes in earnings forecasts on stock prices. The purpose was to visually highlight and graphically explain one of the points I was making. Being a writer who thinks in terms of communicating by text…

 

Steps to Take Now for When It’s Time to Transfer Financial Decision-Making

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Creating and Following a Real Financial Plan Understanding why money is important can create a framework for making better financial decisions in the future. Carl Richards, a certified financial planner, director of investor education for the BAM Alliance, and creator of the Sketch Guy…

 

Creating and Following a Real Financial Plan

This week’s AAII Weekly Digest highlights these “must-read” AAII articles: IRA Rollover Chart: Rules Regarding Rollovers and Conversions This article provides a helpful chart, adapted from the Internal Revenue Service (IRS), that shows what types of retirement accounts can be rolled over or converted into another type of retirement account.   Life After Loss: 6 Smart…

 

Creating and Following a Real Financial Plan

Carl Richards is a certified financial planner, director of investor education for the BAM Alliance, and creator of the weekly Sketch Guy column at The New York Times. He spoke to AAII about the benefits of having an easy-to-follow financial plan. Could you explain what a financial plan should be? Most people have a conceptual…

 

Millennials and Retirement Planning

In a CNBC commentary, Evan Kirkpatrick, founder and chief executive of Wendell Charles Financial, discusses what millennials need to know about retirement planning. As of the first quarter of 2015, according to the Pew Research Center, millennials are now the largest generation in the U.S. labor force. With the explosion of “FinTech,” Kirkpatrick points out that millennials…