Sell your losers

By Eric Reich In conversations with investors over the years, I’ve heard one common “plan” from investors countless times, and that is, “This stock has been a terrible buy. When it comes back up to what I paid for it, I’m going to sell it.” This is arguably the worst...

Understanding Medicare

By Eric Reich We held a seminar last week on Medicare planning with someone specializing in it. Since we frequently see those nearing retirement get confused about is Medicare, I thought it would be a good idea to cover what it is and isn’t. Let’s start at the...

Will Social Security run out of money?

By Eric Reich Many people are skeptical when I discuss their Social Security benefits as a part of their retirement plan. The common refrain is that they don’t want to count on Social Security because “it’s going to run out of money soon.” Today, I thought we should...

401(k) student loan match

By Eric Reich There has been a lot of talk lately about the government forgiving student loans. For those hoping for it to be a financial windfall, don’t hold your breath. It is incredibly unlikely that student loans will ever be forgiven for the masses. In my...