Dear Mr. Berko: I am 66 and will retire next year with a $1,365 monthly pension and a 401(k) worth $349,000, which I rolled over to an individual retirement account.
Is Your Income in the Top 1% in Your State?
Here’s how much you need to earn to be in the top 1% of income earning families in your state. Since 1979, the average inflation-adjusted income of the top 1%
4 Financial Resolutions You Really Need to Keep This Year
If you’re serious about improving your finances in 2017, here are four moves you can’t afford to bail on. It’s estimated that just 8% of Americans actually succeed in keeping
Explaining ROE, P/E and NPM
Dear Mr. Berko: I’m writing for our investment club and requesting your explanation of return on equity, price-earnings ratio and net profit margin. Could you please use untechnical English? We
The 3 Best-Run Companies in the Technology Sect
Technology is competitive, but the managements of these companies are more than equal to the task. Famed investor Warren Buffett, the Berkshire Hathaway CEO worth some $74 billion thanks to
Investing in Infrastructure
Dear Mr. Berko: I want to invest $40,000, which is about 15 percent of my individual retirement account, in construction stocks that will benefit by President Donald Trump’s infrastructure spending.
South Florida Pioneers Discuss the Next Big Thing
By Chris Fleck A recent South Florida Technology Alliance event set the stage for a number of leading experts in the emerging field of IoT, the Internet of Things. It turns
Questions About QLACs
Dear Readers: Over the past seven months, I’ve received several dozen questions about a relatively new retirement product called a qualified longevity annuity contract. Though I’m not an annuity aficionado,
If You’re in Your 40s, Consider Buying These Stocks
Forty-something investors may want to grab some shares of American Express, Bristol-Myers Squibb, and Starbucks soon. Forty-something investors shouldn’t necessarily shy away from risk altogether, but it is a good
An Annuity That’s Too Good to Be True?
Dear Mr. Berko: My wife and I are in our early 70s, are retired from good jobs and have no children. Our joint account (enclosed) has $1.23 million, and our