The Dollar and Your Future

February 21, 2018

We live in dollars, spend in dollars, and make financial plans in dollars. But what will your dollars be worth in the future, when you plan on spending them?  That’s not an idle question, even though we have few alternatives to using dollars for all our plans.

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Your Risk Appetite

February 14, 2018

The Stock Market is Getting Interesting!

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Acorns Online Financial Education

February 6, 2018

One of my favorite financial websites is There you can register your credit and debit cards, so that all of your purchases are automatically rounded up a few cents to the nearest dollar. And when all those little cents reach $5, the money is automatically transferred from your registered checking account into an investment portfolio, featuring five choices that range from conservative to aggressive.

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Long Term Care Insurance — The Latest

February 2, 2018

We’re all getting older. And it’s much better than the alternative. But the greatest fear of retirees is running out of money in their lifetime. And nothing can devastate financial plans like the need for costly long-term custodial care (LTC), either at home or in assisted living.

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Bye, Bye Boomers– Millennials Now The Target

January 30, 2018

Sorry, boomers, but the world of banking and insurance isn’t so interested in you anymore. You’re getting too old to buy insurance and too conservative with your investments. And your time horizons are too short to be very profitable to the investment world. The financial services industry is aiming at millennials now.

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529 Plans Even Better Now

January 24, 2018

It’s time to take another look at 529 College Savings plans. The recent tax bill creates some changes in the uses of 529 college savings plan – and may even make them more attractive from a tax point of view.

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Next Step in Tax Advice

January 10, 2018

Many of you are going to need help with your taxes. It’s not just about the last-minute things you did to maximize deductions in 2017. It’s about setting yourself up with the appropriate plans for 2018, when you’ll lose some deductions and gain others. Without those deductions next year, you might even have to make larger quarterly tax deposits.

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New Year, Clean Slate

December 25, 2017

No use looking back at mistakes made. You can’t undo them and must live with the consequences. But the New Year presents us with a clean slate, a chance to start over with better money habits and smarter decisions. Here are some practical things to consider.

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A Christmas (True) Fable

December 20, 2017

Tis the season to receive long, chatty messages tucked into holiday cards, describing the year’s significant events for family members including the dog. But this year, I received one such missive by email, that I thought I would share with my readers, hoping to capture the pure joy of financial planning and self-discipline working out in the long run.

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CollegeIllinois Closed To Investors

December 6, 2017

CollegeIllinois!, the state’s prepaid tuition plan, has closed and is no longer selling contracts. Worst of all, the state does NOT guarantee the plan payouts; it only has a “moral obligation” to make good.