Every eighth American aged 65 and older has Alzheimer’s disease, and 43% of Americans aged 85 and older have it, according to the Alzheimer’s Association. Consider those percentages in light of the Social Security Administration’s estimate that about 25% of today’s 65-year-olds will live past age 90. These shocking statistics have serious implications for family wealth.1,2

The solo 401(k), or solo (k) as it is sometimes called, allows a self-employed individual to set up a 401(k) plan combined with a profit-sharing plan. You can set up one of these if you work for yourself or own a small business with just 1-2 full-time employees including yourself (the second FTE must be your spouse).1

What is enough? What is not enough? If you’re considering retiring in the near future, you’ve probably heard or read that you need about 70% of your end salary

Do you wish you had more money these days? You aren’t alone. Many retirees find that their income streams are insufficient. Right now, interest rates are at rock bottom – and it appears they will stay there for the near future. With the federal funds rate near 0%, some of the classic conservative retirement investments – such as money market funds and CDs – aren’t even earning returns to keep up with 2%-3% inflation.1,2 Today, a[…]

Could $5 gas arrive with summer? As of April 6, U.S. retail gasoline prices were up 20.15% YTD; on that date, AAA’s national survey had the price of regular unleaded averaging $3.94 per gallon. So what happens this spring and summer – traditionally when Americans tend to hit the road?1 A new Christian Science Monitor/TIPP survey of 900+ adults finds that the average American expects pump prices of around $4.75 a gallon come July. That’s[…]

Is this the initiative that could turn things around?

Is a tax refund coming your way? If you have already received your refund for 2012 or are about to receive it, you might want to think about the destiny of that money. Here are some possibilities.

Many of us associate April with taxes. We should also associate it with IRAs, for April is the month with the deadlines for IRA contributions and mandatory IRA withdrawals. The deadline for your 2011 IRA contribution is April 17, 2012. Yes, April 17. This year, April 15 is a Sunday and April 16 falls on a holiday in the District of Columbia (Emancipation Day). So you get a little extra time to make your 2011[…]

Which move will it make to address pressing issues? Right now, there are dozens of mutual funds and ETFs devoted explicitly to investing in China’s impressive emerging market. Even with the risk of asset bubbles, the promise of China is simply too tantalizing to ignore for many. The question is whether its economy can maintain its powerful momentum in 2012. If not, the impact on global investors could be significant.

The frenzy is building. Should you care? Presented by Marc Aarons @ Money Managers Inc. Anticipation is high. Facebook filed an S-1 form with the Securities and Exchange Commission on February 1, taking its first big step toward going public. It aims to raise $5 billion through its upcoming IPO. Some of the details from the S-1 form: