Keep spending in check this holiday season
By Eric Reich Christmas is often called the season of giving, but with that comes spending. According to the National Retail Federation, consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations,...Retirement pitfalls part 2: IRA distributions
By Eric Reich Last week we discussed some of the pitfalls in retirement planning. This week, I wanted to continue that discussion with a pitfall so big that it warrants its own article. There is currently about $45 trillion dollars sitting in retirement plans and...Avoid these common pitfalls in retirement planning
By Eric Reich I often tell clients that when it comes to investing, the way up is a lot easier than the way down. On the way up, low-cost, well-diversified portfolios can help get you to the goal. In most cases, there aren’t a ton of other factors involved in...Tips for charitable giving in the upcoming holiday season
By Eric Reich With Thanksgiving and the holiday season soon upon us, now is a great time to think about charitable giving. I have always felt that it is important to give back, no matter how big or small. Sometimes that may mean a donation of your time. However, if...What’s the price of a low credit score?
By Eric Reich We all know that we should strive to have good credit, but why? What is the reason good credit is so important? This week, I decided to calculate what the average household would pay for a mortgage, car loan, and credit card if they have good credit and...
