Some 401(k) Fears Valid, Others Not, Experts Say

Posted by Richard on April 10, 2019

Fear: The boss might steal it. Somewhere on an assembly line is a young worker who once told a reporter: I wouldn’t put my money in a 401(k) because the boss could steal it. Rest easy. In average situations, there is very little chance the boss could steal the money from a 401(k), which would […]

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Taxes And Retirement

Posted by Richard on

Upon retirement, you don’t get a paycheck with the proper amount of taxes withheld. That’s obvious. What may not be so obvious until you retire is the amount of taxes you owe. Unlike employees, retirees write checks for their taxes, making them acutely aware of their tax burden. Of course, everything we save for retirement […]

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I Want To Sell My House. Now What Is A Comp?

Posted by Richard on

The home you’ve cared for and loved might seem incomparable to you, but when you sell (or get a home equity loan), someone is going to have to find a comparison. In the language of real estate and mortgage that is called comps. Comps help answer the biggest question on your mind and a lender’s […]

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Looming Security Threat: Your Phone Number May Be Vulnerable

Posted by Richard on

Suppose for some reason you lose your phone number. Then suppose it is recycled to people with bad intent. Could the number be used to fetch passwords? Could they get into your email? You bet they could. Millions of people get new phone numbers, some of which have been used in the past by someone […]

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