by Michael Lecours | Oct 9, 2017 | Finding Confidence, Retirement, Rule of Thumb, Saving
This article has been shared widely since it was published a few days ago. I appreciate the perspective the author shares as a journalist who’s covered personal finance topics for 14 years. He has had to share many sad truths with his readers about how the majority...
by Michael Lecours | Oct 8, 2017 | Rule of Thumb
In the weeks that followed the Equifax data breach, our office received about a dozen calls from clients about what should be done to protect themselves from the data breach. It’s understandable given how much it has been in the news. But the shocking issue to me is...
by Michael Lecours | Aug 10, 2017 | Investment Behavior, Rule of Thumb, Saving
Over the last few years, I have worked with a lot of young families to plan how they will save for retirement and fund education costs for their children. Their problem was simple: they knew they needed to save more but they didn’t know where to trim their budget. ...
by Michael Lecours | Jul 3, 2017 | Retirement, Rule of Thumb, Saving, Uncategorized
Recently, an article has been floating around the internet that presented a simple strategy to retire early. It seemed too good to be true. The gist of it is “Even by simply upping your savings rate from 10% to 20%, you could shave off over 14 years from your...
by Michael Lecours | May 19, 2017 | Retirement, Rule of Thumb, Saving, Uncategorized
Saving just a little bit extra each year can have a profound impact over the long term. Investor’s Business Daily ran some pretty interesting numbers showing the impact on one’s retirement if an extra $20 is saved every week. Here is some of the findings...
by Michael Lecours | Jan 18, 2017 | Finding Confidence, Investment Behavior, Personal Development, Retirement, Rule of Thumb, Saving
The following article examines five young people and their financial plan (more like their lack of planning). They are then offered some preliminary advice about how to improve their situation. Unfortunately, in every case I found the advice to be overly...
