Eric has spent his entire life in Minnesota.  He met his wife Kelly at Bethel College & they  now reside in Eden Prairie with their 4 children.

>> LEARN MORE >>

 
 

Updates, News & Reminders 

Timely Emails to Help You Stay on Track

Updates & News

Year after year, criminals try to scam certain taxpayers. Year after year, certain taxpayers resort to schemes in an effort to put one over on the IRS. These cons occur year-round, not just during tax season. In response to their frequency, the IRS has listed the 12 biggest offenses – scams that you should recognize, schemes that warrant penalties and/or punishment.

In 1994, a financial advisor named Bill Bengen published research articulating the “4% rule”, which became a landmark of retirement planning. The 4% rule postulates that a retirement nest egg can last 30 years if a retiree withdraws 4% of it per year (incrementally adjusted for inflation), given a portfolio of 50% stocks and 50% bonds. Bengen studied numerous 30-year stock market time spans to arrive at his theory, which many retirement planners took as a guideline.  Lately, the 4% rule has taken quite a bit of flak. At age 20, it looks less and less valid. Why? Two factors leap to mind.

Your assets matter more than your age.

Markets weigh Janet Yellen’s comments & the new policy statement.

As 2013 ended, the federal Bureau of Justice Statistics released its 2012 Victims of Identity Theft report. Its statistics were sobering. About one in 14 Americans aged 16 or older had been defrauded or preyed upon in the past 12 months, more than 16.6 million people.



Weekly Economic Video Update 

Short Update to Start the Week

 

 

Turn off CNBC & go enjoy yourself!  Be the first to know.

Subscribe to me on YouTube

I'm Social - Let's Connect!

Ask Questions, Share Your Thoughts & Inform Your Friends