DIY Personal & Retirement Financial Planning
Do-It-Yourself financial and investment planning Excel spreadsheet software
Discover Home Financial Planning Software A customer comment from the sidebar: “VeriPlan is a big help. I’m in my mid 50’s and have been a diligent saver and passable investor for many years. I am going through a work transition from salaried corporate employee to independent consultant, and my aging parents are […]
The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient A previous article, “The Problem – Straight answers about personal financial and investment planning are difficult to find,” summarized important reasons why individuals may experience difficulties, even if they are intent upon doing better […]
Why don’t we hear about the real financial sector scandals, which are exorbitant fees and costs that cause a continuous wealth transfer from individuals to the financial services industry? This article follows a recent article entitled “The Financial Services Industry is Still the Largest S&P 500 Sector – Even after the Collapse of its Stock […]
The Problem – Straight answers about personal financial planning and investment management are difficult to find In this article, The Skilled Investor summarizes some of the significant problems faced by ordinary individuals, when they attempt to plan their family finances. This is the first in a series of articles that will provide scientifically grounded decision […]
An easy way to publish and syndicate your best news articles on some of the big news and media websites Web content is more plentiful that grains of sand on the beach. However, really good and newsworthy web content is much more scarce. The cyberspace audience is discerning, but it takes time to attract them, […]
Do-It-Yourself Financial Planning – Understand your projected expenses over your lifetime Increased savings through conscious expenditure reduction is the largest and most controllable factor in long-term personal finance success. Anyone interested in improving personal financial planning must understand that tracking expenses accurately and comprehensively is very important. Exactly how your expenses are tracked is not […]
Do-It-Yourself Financial Planning – Earned income drives the personal finances of most people The ability to project your various income sources automatically over your lifetime is one of the first steps in creating a useful do-it-yourself personal financial plan. Whether from wages and salary or from self-employment, personal earned income drives the lifetime finances of […]
< <– Go to Part 4 The Biggest Personal Finance Story of the Past 30 Years – Conclusion Family Financial Planning Software for Consumers This article concludes our series on the greatest personal finance story of the past thirty years. In this article, we discuss whether the dramatic growth in equity value of the financial […]
< <– Go to Part 2 The Biggest Personal Finance Story of the Past 30 Years – Part 3 Family Financial Planning Software for Home Use There is no reason to believe that industry self-regulation or governmental regulation will ever fix these problems. Only those individuals who become wise enough to be proactive and seek […]
< — Go to Part 1 The Biggest Personal Finance Story of the Past 30 Years – Part 2 Find Family Financial Planning Software To understand what has happened to the market valuation of the financial services sector, particularly over the last 30 years, you should view Figure 4 on page 16 of the financial […]
The Biggest Personal Finance Story of the Past 30 Years – Part 1 What could the biggest personal finance story of three decades be? The growth of mutual funds and ETFs? Nope. The dot com boom and bust? Nope. Vanishing pensions? Nope. The not-so-high quality of mortgage bonds? Nope. A 0% personal savings rate nationally? […]
Summary Table of Traditional IRA and Roth IRA Tax Rules For your convenience, The Skilled Investor has provided a detailed table that summarizes 2007 rules for traditional IRAs and Roth IRAs. Financial Planning Software for Individuals Because this table has 13 columns and 20 rows, it is too large to be displayed properly in a […]
Introduction: Roth IRA Contributions versus Traditional IRA Contributions for Renters In a series of articles, The Skilled Investor compares different lifetime financial planning projections for Fran and Fred Frugal to illustrate the relative value of adopting different financial planning strategies. Fran and Fred, both ages 30, are a married working couple with $100,000 in combined […]
Introduction In a series of articles, The Skilled Investor compares different lifetime financial planning projections for Fran and Fred Frugal to illustrate the relative value of adopting different financial planning strategies. Fran and Fred, both age 30, are a married working couple with $100,000 in combined annual earned income. (See the “Fran and Fred’s Baseline […]
Early retirement for renters due to investment cost improvements and higher savings rates Improving on Fran and Fred’s lifetime financial plan with earlier retirement Fran and Fred Frugal, both age 30, are a married working couple with $100,000 in combined annual earned income. They want to understand how valuable different personal finance strategies could be […]
Retirement savings needs of renters prior to any financial planning improvements Starting to plan with a non-optimal baseline projection Fran and Fred Frugal, both age 30, are a married working couple with $100,000 in combined annual earned income. They want to understand how valuable different personal finance strategies could be to their lifetime finances and […]
The kind of financial advisor you need – A Tip from The Skilled Investor Good or bad, financial advisors are expensive. If you need a financial advisor’s help and you carefully select a good financial advisor, the value of the personal finance and investment advice that you receive might easily repay the advisor cost. However, […]
Can you really get free and objective investment advice, when you pay investment sales loads? Excessive investment expenses are one of the most significant barriers to your family’s lifelong financial security. Excessive investment costs are a plague on your personal financial planning. While financial services industry sales people tell you that you need to pay […]
Pay Lower Investment Expenses To Get Higher Investment Returns – Part 1 Excessive investment costs are a plague on your personal financial planning. Excessive investment expenses are one of the most significant barriers to lifelong family financial security. While financial services industry sales people tell you that you need to pay more to get more, […]
Do not ignore insurable risks that could destroy your best laid financial plans A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much better off with a well-considered financial plan. A stable set of financial […]