Dan's Personal Finance Digest

Are You Making Checklists?

2011-11-11T07:58:00.001-08:00

Check lists are a great way to stay organized each day, and are a great way to avoid "A.D.D." A checklist is also a good approach to kick start your financial plan. Start out with a simple list of broad categories: debt management, cash reserves, retirement planning, estate planning, tax planning, insurance, and long-term investments. Within the broad categories drill down deeper into your

Reasons to Have an Estate Plan

2011-11-08T17:41:00.000-08:00

1. Get a will. Dying without a will is referred to as "dying intestate," which means you gave up the opportunity to distribute your assets as you would have liked. Instead, the state (through probate court) gets to figure things out for you. It's quite possible all your assets may not pass to your spouse and children as you would have intended. 2. Name a guardian for your minor children. If

Financial adviser's motives, expertise, methods crucial to managing your wealth

2010-06-01T11:21:00.000-07:00

good article if you're looking to find a financial adviser. http://http://www.washingtonpost.com/wp-dyn/content/article/2010/05/29/AR2010052900289.html Financial adviser's motives, expertise, methods crucial to managing your wealth By Bob Frick Sunday, May 30, 2010; G03 Why do so many of us who seek advice about money shy away from asking the hard questions of financial advisers? Maybe because

How much to save to reach $1 mill by age 65

2010-05-27T14:19:00.000-07:00

This is how much you would need to save each month to accumulate $1 million by age 65 if you began: At age 20 $189.59 per month (at 8% annual returns) At age 30 $435.94 per month (at 8% annual returns) At age 40 $1,051.49 per month (at 8% annual returns) At age 50 $2,889.85 per month (at 8% annual returns) At age 60 $13,609.73 per month (at 8% annual returns)

Reasons to have an Estate Plan

2010-05-27T14:12:00.000-07:00

How to View Volatility

2010-05-25T15:19:00.000-07:00