We are thrilled to share the news that, this week, Eugene Fama of the University of Chicago, the "father of modern finance," was awarded the Nobel Prize in Economic Sciences. Professor Fama was honored along with fellow professors Lars Peter Hansen and Robert... Read More
When politicians try to persuade us to support something they want, they often invoke the middle class. They talk about protecting the middle class. They talk about how important the middle class is to the economy. But the main reason they talk about the middle class is because most of us think... Read More
If you think money can't buy happiness, you're not spending it right! At least, that is the conclusion of researchers Elizabeth Dunn and Michael Norton, two rising stars in of the world of behavioral science.
In Happy Money, Dunn and Norton provide an engaging and often... Read More
Self-knowledge is an essential ingredient to understanding and improving your relationship with money. This includes taking a more holistic approach to evaluating your financial life.
Therefore, in addition to tracking your net... Read More
Five Wishes is an advance directive template created by the non-profit organization Aging with Dignity. It is an easy to use legal document written in everyday language that helps you to communicate how you want to be cared for in case you become seriously ill or incapacitated.
Your Five... Read More
Financial Life Planning is a holistic process that will help you to clarify your values and guide you in defining and designing your unique version of the "rich life."
Goal setting is an essential component of this process, and a powerful tool for experiencing what is most... Read More
Divorce can be a complicated and challenging process in which details are easily overlooked. It is important to know the laws that shape divorce proceedings and to understand the impact they have on your assets.
Dividing the Assets
Typically, everything you and... Read More
If you recently inherited retirement assets from a deceased loved one, it is important to pay attention to IRS rules that govern this type of bequest. Your options in managing this money typically depend on your relationship to the deceased and the type of retirement account (401(k) or 403(b)... Read More