Posts by Don


Soon after Sabina Gault got her public relations firm up and running in 2008, she asked for a show of hands from employees interested in having a company 401(k) plan. The consensus? “Nobody wanted it,” said Ms. Gault, whose firm, Konnect Public Relations, based in Los Angeles, had just a few employees at the time. Two years later, with eight people on her payroll, she raised the question a second time. Again, the response was...

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For many retirees, Social Security benefits are seen as hot money on the table, to be devoured as soon as possible. But as with preparing and savoring a fine meal, a careful approach and delayed gratification may yield the highest rewards from the program. Many financial planners advise that you wait as long as possible before receiving benefits. Despite this, a sizable number of Americans who have reached 62 — 41 percent of men and...

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The years from the late 19th and early 20th centuries were not the most egalitarian in American history. Robber barons roamed the economy, living off lavish rents generated by powerful cartels and industrial monopolies. The richest 1 percent of Americans reaped nearly one in five dollars generated by the economy and amassed almost half its wealth; at the other end of the scale, wage earners lost ground to inflation. It was the era of...

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For Daniel Ryan, turning 40 and 50 came and went. But sometime around his 61st birthday last July, he said he had an “old man crisis.” He did some simple math, and quickly concluded that living another 20 years would be considered a “full life.” Even if he remained healthy for another 15 years, he figured he might only be able to maintain his active lifestyle of skiing, hiking and mountain biking for another decade. “Looking at the...

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Are you ready to overhaul your spending patterns, start funneling more money into your bank account and buy better (and safer) products in 2014? If so, you’ve come to the right place. We’ve rounded up our favorite money stories to give you the bite-size nuggets you need to get your financial resolutions in place. Here are 25 ways to improve your finances in the new year: 1. Start feeling good about money. If you have a “money shame,”...

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