by Michael Lecours | May 10, 2016 | Investment Behavior, Retirement, Rule of Thumb, Uncategorized
Mistakes in retirement can be costly and unfortunately very common. Money magazine’s recent article captures 15 examples. While I have seen every one of these 15 mistakes actually happen, the most common issue I’ve seen this year is Number 7 on the list: Not knowing...
by Michael Lecours | May 6, 2016 | Economy, Uncategorized
Connecticut is becoming the second state in the country to mandate retirement savings. The controversial bill will force most employers (not currently offering a retirement plan) to offer automatic enrollment for employees in a state sponsored plan. Details and...
by Michael Lecours | May 5, 2016 | Saving, Uncategorized
Here is the old way of looking at Emergency Funds: Keep 3 months of take home pay set aside if you are single, a renter and have a steady paycheck. Keep 6 months of take home pay set aside if you are married, have kids, and have a mortgage Keep 9-12 months of take...
by Michael Lecours | Apr 28, 2016 | Saving, Uncategorized
I have a problem with how we view the “emergency fund” and I believe that there is a better way to think about emergency savings. Recently, Forbes ran an article discussing how much should be in your emergency fund – the money set aside to cover unexpected expenses...
by Michael Lecours | Apr 25, 2016 | Saving, Uncategorized
“Should I pay off my loan or invest in the market?” is a question we’re commonly asked. There are a lot of ways to approach this issue. The following article does a great job of breaking the decision points down. Link to article
