Meager Income

Pay Off Debt, Retire Comfortably on Meager Income, Win the Lottery, Not Necessarily in that Order

I’m reducing my 401(k) Contribution

The stock market has been great for almost 6 years straight now.  Today, the Dow Jones average closed at 18,214.42, the S&P 500 closed at 2110.74, and the Nasdaq closed at 4987.89.  At these prices, I’m skeptical that the stocks can continue on their upward trajectory without a correction.  Take a look for yourself below […]

Saving for Retirement 2014

I’ve had a busy few months and now I’m finally getting a chance to think about my finances again.  I’ve decided to increase the amount I’m contributing to my 401k.  This will reduce my taxable income now and defer taxes on the amount I set aside to a future date.  The maximum allowed by the […]

Buffett Argues For a Minimum Tax For the Wealthy

I’m not sure if you had a chance to read Mr. Buffett’s op-ed in the New York Times on Nov 25th.  As you know, I’m a fan of his.  You can read the full opinion piece here. He has some interesting facts in his article like: The Forbes 400, the wealthiest individuals in America, hit a […]

R.E.M. Calling it Quits After 31 Years

I’ve was a big fan of R.E.M. for many years.  I’m a bit saddened that they are calling it quits.  My favorite albums are probably “Green”, “Automatic for the People” and “Out of Time.”  I stopped listening to their new music after the release of their album titled “Monster.”  They released numerous hits over the […]

Where to Call Home in Retirement

I found an article on www.Kiplinger.com today titled: “8 Great Places to Retire Abroad.”  The author, Donna Fuscaldo, recommended several places I had not considered.  I need to get out more and travel!  I don’t think I would retire in Mexico right now but in 30 years a lot could change.  I’d definitely consider Italy, […]

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