DIY Personal & Retirement Financial Planning
Do-It-Yourself financial and investment planning Excel spreadsheet software
Before estimating the investment value that you might add or take away from your portfolio, you first need to determine whether your strategies are or are not likely to lead to optimal risk-adjusted investment returns. This value estimation is separate from any hourly opportunity cost related to spending time on your investments versus an alternative […]
CLICK HERE TO READ THE SKILLED INVESTOR’s OTHER ARTICLES ABOUT THESE “10 FINANCIAL PLANNING STEPS IN THE RIGHT DIRECTION.” The single most significant financial lever that individuals control directly is their management of personal expenditures. The second is their lifetime effort to obtain sufficient income. Most people simply do not save enough of their current […]
Increase your knowledge and accelerate your ability to take leadership in the management of your own personal finances and lifetime investing. This ten-step personal financial planning process will help you optimize the management of your financial planning and investment management affairs over your lifetime, while greatly reducing the unnecessary waste of your money and your […]
Factors that tend to favor Roth IRA and Roth 401k tax-advantaged plan contributions In a recent article, “Traditional versus Roth tax-advantaged plan contributions,” The Skilled Investor discussed why the average taxpayer would tend to benefit more by contributing to traditional rather than to tax-advantaged Roth IRA and Roth 401(k) retirement plans. This follow-up article in […]
VeriPlan helps you make more optimal decisions about the tradeoffs between investment risk, investment return, and personal savings Too often decisions about risk-adjusted investing and asset allocation are over-simplified with a few questions about your risk tolerance. Typically, this superficial process will be followed quickly by the offer of a canned, off-the-shelf asset allocation scheme […]
Traditional IRA and 401k versus Roth IRA and Roth 401(k) plan contributions Many taxpayers puzzle over whether to contribute to traditional versus Roth tax-advantaged retirement plans. For most people, contributions to traditional tax-advantaged plans will probably provide a higher net present value over their lifetimes. Family Financial Planning Software for Consumers Given our tax-related software […]
VeriPlan helps you to understand your lifetime personal savings requirements and whether your current savings rate is sufficient How much you earn, spend, and save are by far the most dominant determinants of your long-term financial well-being. You need a means to evaluate your current sustainable lifecycle consumption rate. VeriPlan provides such a means. VeriPlan […]