Category: Retirement

Save More Tomorrow TED Talk

In the past I have written about “Save More Tomorrow,”, an innovative plan that uses the principles of behavioral finance to help people increase their retirement savings over time.  Here is a link to my prior post, titled “Use the ‘Wimpy’ Savings Plan to Increase Your Savings Rate“. I recently ran across an interesting TED talk by Shlomo Benartzti,…

Investing News That’s Too Good To Be True

“The great paradox of this remarkable age is that the more complex the world around us becomes, the more simplicity we must seek in order to realize our financial goals.  Never underrate either the majesty of simplicity or its proven effectiveness as a long-term strategy for productive investing.  Simplicity, indeed, is the master key to…

Investment Costs Matter (Part IV): The Parable of the Leaky Bucket

I grew up before computers, video games, the internet, i-Pods, i-Tunes, i-Phones, i-Pads, Facebook, and Twitter. Back then people had to entertain themselves and one way this was done was through sing-a-longs.  When I was a kid many community and church gatherings had sing-a-longs and one song that was often sung was a silly old…

Debt Elimination or Retirement Savings?: Gazelle Intensity vs. Humble Arithmetic

Gazelle Intensity Popular debt elimination evangelist Dave Ramsey teaches that, after setting aside $1,000 for emergencies, your only financial priority should be paying off all debt except your home mortgage.  Everything else, including saving for retirement, should be put on hold until your debts are paid.  Ramsey uses the term “gazelle intensity” to describe the…