Tag Archives | certified financial planner

Blue Shield 401k Plan - A Brief Review

Blue Shield 401k Plan – A Brief Review

401k plans are becoming the primary source for retirement savings for many Americans. But still, many retirement savers are in the dark. When it comes to the Blue Shield 401k plan, there are excellent resources available from human resources and the benefits team. But don’t stop there. Whether you are a current participant or a […]

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Diversification Alone Isn't Enough

Diversification Isn’t Enough

Diversification is an important principle that prudent investors and advisors adhere to. It is best explained by the expression “don’t keep all of your eggs in one basket.” If XYZ stock is the basket you put all your eggs into and it goes haywire, all your eggs are gone. And that isn’t good. Diversifying requires an investment […]

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CalSTRS Won't Be Enough

CalSTRS Won’t Be Enough For Retirement

CalSTRS won’t be enough for your retirement and I know that sounds harsh. While having a pension can bring a sense of comfort, teachers must resist this false sense of security. Relying on your teacher’s retirement pension alone might be harmful to your financial health. According to the California Teachers Association website CTAinvest.org “the median CalSTRS pension […]

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How CalSTRS and Social Security Benefits Work Together

How CalSTRS and Social Security Benefits Work Together

Guest post from Devin Carroll at the Social Security Intelligence blog. If you are a teacher in California, the rules for collecting a CalSTRS pension and Social Security can be confusing and intimidating. They don’t have to be! Here’s a closer look at the rules on teacher’s retirement and Social Security. In the 1970s and 1980s, […]

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Is it better to buy a home or rent?

Home Ownership: Should I Buy a House or Rent?

At some point, most everyone has asked the question “should I buy house or rent?” Buying a home is often considered a key component of the “American Dream.” But for many, it became the American Nightmare during last decade’s Great Recession. According to a recent article on CNBC “more than 6.5 million homeowners are still underwater” […]

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Required Minimum Distributions: The IRS Loves It When You Turn 70

Required Minimum Distributions: The IRS Loves It When You Turn 70

The IRS loves it when you turn 70, but you won’t get a gift or even a card. The Infernal, I mean Internal Revenue Service can’t wait to get their hands on your hard earned dollars. Happy birthday and get ready to pay more taxes thanks to three little letters, RMD. Required Minimum Distributions or […]

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