![In previous articles, I have explained how to estimate the amount you’ll spend each year once you stop working, and the size of the nest egg required to support that spending. The next step is to calculate how much you’ll need to save each year to reach that goal. There are many interactive tools available […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/06/spoto-1.jpg?w=70 "In previous articles, I have explained how to estimate the amount you’ll spend each year once you stop working, and the size of the nest egg required to support that spending. The next step is to calculate how much you’ll need to save each year to reach that goal. There are many interactive tools available […]")
Constructing your retirement nest egg
In previous articles, I have explained how to estimate the amount you’ll spend each year once you stop working, and the size of the nest egg required to support that...
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![For most Americans, retirement planning is ultimately focused on accumulating a “nest egg” of savings and investments to generate enough income to pay for a comfortable lifestyle. To find out how large a nest egg you will need, you must first estimate your “retirement income gap.” This is the difference between how much you’ll need […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/06/spoto.jpg?w=70 "For most Americans, retirement planning is ultimately focused on accumulating a “nest egg” of savings and investments to generate enough income to pay for a comfortable lifestyle. To find out how large a nest egg you will need, you must first estimate your “retirement income gap.” This is the difference between how much you’ll need […]")
Calculating your retirement nest egg
For most Americans, retirement planning is ultimately focused on accumulating a “nest egg” of savings and investments to generate enough income to pay for a comfortable lifestyle. To find out...
![Planning for retirement is perhaps the most pressing financial issue facing most Americans in their 40s, 50s and 60s today. Although most people believe that realizing a secure retirement is their most important financial priority, few have taken the steps necessary to reach this goal. Perhaps they are intimidated by the process itself, including sorting […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/05/spoto-2.jpg?w=70 "Planning for retirement is perhaps the most pressing financial issue facing most Americans in their 40s, 50s and 60s today. Although most people believe that realizing a secure retirement is their most important financial priority, few have taken the steps necessary to reach this goal. Perhaps they are intimidated by the process itself, including sorting […]")
Blueprint for a successful retirement
Planning for retirement is perhaps the most pressing financial issue facing most Americans in their 40s, 50s and 60s today. Although most people believe that realizing a secure retirement is...
![Last time, we discussed specific obstacles that can get in the way of securing a comfortable retirement. In this article, we’ll offer some solutions to help improve the chances of securing a comfortable retirement. Fortunately, the study of the behavioral forces that result in poor decisions has enabled researchers to develop strategies to employ those […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/05/spoto-1.jpg?w=70 "Last time, we discussed specific obstacles that can get in the way of securing a comfortable retirement. In this article, we’ll offer some solutions to help improve the chances of securing a comfortable retirement. Fortunately, the study of the behavioral forces that result in poor decisions has enabled researchers to develop strategies to employ those […]")
The path to a better financial future
Last time, we discussed specific obstacles that can get in the way of securing a comfortable retirement. In this article, we’ll offer some solutions to help improve the chances of...
![Last time, we talked about the importance of making good financial decisions when planning for retirement. Although people have good intentions about how and when to save, left to their own devices, they fall prey to certain biases when making financial decisions. In this article, we’ll address additional obstacles and introduce some solutions to work […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/04/spoto-3.jpg?w=70 "Last time, we talked about the importance of making good financial decisions when planning for retirement. Although people have good intentions about how and when to save, left to their own devices, they fall prey to certain biases when making financial decisions. In this article, we’ll address additional obstacles and introduce some solutions to work […]")
Side-stepping the barriers to saving money
Last time, we talked about the importance of making good financial decisions when planning for retirement. Although people have good intentions about how and when to save, left to their...
![One of the most important sets of financial choices people make in their lives is planning for their retirement. The quality of their decisions about how much to save and how to invest will largely determine whether they can realize the retirement lifestyle they want. While some people save more than they will need, most […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/04/spoto-1.jpg?w=70 "One of the most important sets of financial choices people make in their lives is planning for their retirement. The quality of their decisions about how much to save and how to invest will largely determine whether they can realize the retirement lifestyle they want. While some people save more than they will need, most […]")
Take action today for a secure retirement tomorrow
One of the most important sets of financial choices people make in their lives is planning for their retirement. The quality of their decisions about how much to save and...
![Helping your children pay for college is one of the biggest and most important challenges you will face. Currently, a four-year education (tuition, fees, room and board, supplies and personal expenses) can range from almost $120,000 at a public college to more than $280,000 at some of the most expensive private institutions, such as Boston […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/03/spoto-3.jpg?w=70 "Helping your children pay for college is one of the biggest and most important challenges you will face. Currently, a four-year education (tuition, fees, room and board, supplies and personal expenses) can range from almost $120,000 at a public college to more than $280,000 at some of the most expensive private institutions, such as Boston […]")
Educate yourself about saving for college
Helping your children pay for college is one of the biggest and most important challenges you will face. Currently, a four-year education (tuition, fees, room and board, supplies and personal...
![“Surprise! The returns reported by mutual funds are not actually earned by mutual fund investors.” This is how John Bogle, founder of Vanguard Mutual Funds, begins the chapter titled “The Grand Illusion” in his 2007 book, “The Little Book of Common Sense Investing.” The “grand illusion” he is referring to is the fact that mutual-fund […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/03/spoto-1.jpg?w=70 "“Surprise! The returns reported by mutual funds are not actually earned by mutual fund investors.” This is how John Bogle, founder of Vanguard Mutual Funds, begins the chapter titled “The Grand Illusion” in his 2007 book, “The Little Book of Common Sense Investing.” The “grand illusion” he is referring to is the fact that mutual-fund […]")
How investors sabotage themselves
“Surprise! The returns reported by mutual funds are not actually earned by mutual fund investors.” This is how John Bogle, founder of Vanguard Mutual Funds, begins the chapter titled “The...
![Last time, we introduced the concept of behavioral finance, a relatively new field attracting the attention of mainstream investors over the last 20 years. Behavioral finance is the area of economics that studies how the financial decisions we make are influenced by factors beyond a purely logical analysis of the situations we face. Specifically, it […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/02/spoto-3.jpg?w=70 "Last time, we introduced the concept of behavioral finance, a relatively new field attracting the attention of mainstream investors over the last 20 years. Behavioral finance is the area of economics that studies how the financial decisions we make are influenced by factors beyond a purely logical analysis of the situations we face. Specifically, it […]")
How the left and right brains affect your finances
Last time, we introduced the concept of behavioral finance, a relatively new field attracting the attention of mainstream investors over the last 20 years. Behavioral finance is the area of...
![Emotions trump smarts. Making good financial decisions can be difficult, even for smart people. One reason is that most people make decisions based, in large part, on their biases and the emotions they are experiencing at the time rather than a thorough review of the facts. In other words, their choices hinge more on what […]](https://www.nashobavalleyvoice.com/wp-content/uploads/2021/02/spoto-1.jpg?w=70 "Emotions trump smarts. Making good financial decisions can be difficult, even for smart people. One reason is that most people make decisions based, in large part, on their biases and the emotions they are experiencing at the time rather than a thorough review of the facts. In other words, their choices hinge more on what […]")
Do not mix emotions and investing
Emotions trump smarts. Making good financial decisions can be difficult, even for smart people. One reason is that most people make decisions based, in large part, on their biases and...