8 Questions Most American Expats Should Ask Every Year About IRAs and Retirement Savings
In the US, many employees have 401(k) plans that automatically deduct a significant portion of their salaries into a tax-advantaged retirement account. […]
Category: Saving
How Much Financial Advisors Charge – Pricing by Account Size and Other Factors
More than almost anything else, I believe the financial services industry needs greater price literacy and price transparency. In almost any other […]
How GFM makes investing simple
What is the big difference between investing with GFM vs investing with any of the other financial advisors and brokers in the […]
How to best convert and transfer large amounts of money across currencies at low cost
One situation I’m glad to be able to frequently help with, which can often save thousands of dollars, is how to covert […]
The 15-40/7-4 rule: The numbers behind saving 15% of your income
A widely said rule of thumb is that you should save 15% of your income towards retirement. According to the IMF, 15% […]
The 2%/50% rule: How fees and under-diversification can cost half a pension
In my previous post, I mentioned that one of the top 10 lessons I learned in my first 10 years of investing […]
Hong Kong's Best Savings Plan – How it Works
A good savings plan, at a minimum, has the following features: Secure, automated handling of regular monthly contributions Allocation of those contributions […]
The simplest retirement calculation in the world (that actually works)
Financial websites contain scores of “retirement calculators” which allow you to input a variety of assumptions and calculate when you may be able […]
How Your Financial Advisor Gets Paid: One of the Most Important Questions to Ask
Early in my Wall Street career (but not in business school nor my pre B-school career, somehow) I learned one of the […]
The importance of saving early and regularly
“Save early, save often” can sound so much like a cliche that it fails to motivate us, but it us hard to […]