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“Yes we can.” “The change we need.” “Too liberal.” “Spread the wealth.” “Lower taxes.” “Drill, baby, drill.” All of these were “sound bites” from the 2008 elections. People make very important decisions, decisions that should require cognitive research and careful deliberations, (like choosing a President) based on easily recalled “sound bites” such as these. Have [...]

Identifying a key person is only part of the problem: the tough problem is determining the dollar value that would be lost if the key person were lost. When an economic value can be placed on the lost of a key person, then insurance and other arrangements can be made to protect the business.

The economy has gone as sour as a lemon. Investments are severely depressed. Is there anything good about the current Wall Street melt-down? Anne Tergesen thinks there is, as she wrote in an article in the Wall Street Journal:
“Yes, your finances are likely taking a beating this year. Which means it’s the perfect moment to [...]

Every retiree would like to know how their plans will work. If they could take a retirement test drive of their plans, they could have more confidence in the future. Retirement Test Drive is one of PlanLab®’s programs for just that purpose. It performs a detailed cash flow analysis incorporating expected incomes and expenditures and uses assets as you designate, for some of the expenditures as part of your plans. No software can accurately predict the future, but Retirement Test Drive lets you see how your plans, including your best assumptions and your objectives, might work.