About Dennis Miller

Over the course of his career, Dennis Miller has consulted with many Fortune 500 companies, training hundreds of executives to effectively communicate the value of their company's products to their customers. Among his many multinational clients are: GE, Mobil, Shell, Schlumberger, HP, IBM, Corning Glass, Eastman Kodak, AC Nielsen, and Johns-Manville. More....

Can a Double-wide Save Your Retirement?

Retirement is actually a fairly recent invention. In ancient times people didn’t often live long enough to retire and those that did were often unable to accumulate enough savings to live on and thus simply relied on their children to support them while also continuing to contribute to the family to the best of their ability. There were several attempts to establish a government pension including one established during the Revolutionary war and although the states were responsible for making payments, they fulfilled their obligation to only 3,000 disabled veterans. Private pensions however, got their start during WWII. During the war, the National War Labor Board froze wages in an effort to prevent (i.e. to mask) inflation. But simultaneously there was a massive shortage of workers due to the war effort so companies offered other benefits like the defined benefit pension plan to woo workers.

But then in the 1960’s and 70’s massive stock market gains made some companies believe that their pension plans were “over-funded” so they began raiding their pension plans but then the stock market took back the gains and the plans were underfunded so companies began switching to individual IRA’s and 401k plans. So then people were no longer guaranteed a secure retirement since it now depended on your individual contribution, as well as the company portion. Today Dennis Miller will look at some alternatives to save your retirement.

Enjoy Retirement Have Enough Money to Stay Independent.

“Part of aging is realizing that you cannot change the past, understanding that no one promises you tomorrow, and finally deciding to enjoy the moment.”

But in order to enjoy your retirement you need to have planned and saved for it properly. In today’s post Dennis Miller looks at life after work. ~ Tim McMahon, editor

The Most Overlooked Threat to Your Buying Power

For a long time, the conventional wisdom was to keep 20-35% of a retirement portfolio in cash. Today holding that much cash in the bank or your brokerage account is like a leaky faucet. It leaves your purchasing power going drip, drip, drip. And a bundle hidden under a mattress? Don’t even think about it!

Rebalance Your Retirement Portfolio for Optimal Protection

Portfolio rebalancing can be a very effective strategy, particularly with money earmarked for retirement. No one can guarantee the market will come back quickly from a downturn. Retirement investors must protect their principal because they might not have time to recover from a 40-50% drop in their net worth.

Be a Good Boy Scout with Your Finances

A single bad market event can have catastrophic effects on your retirement funds so it is important to have safeguards in place to help reduce the possibility of waking up one morning and finding your nest eggs broken. The brokerage community insists that if you are just patient enough your portfolio will rebound but, what if it doesn’t? In today’s article Dennis Miller takes a look at some steps you can take to help protect your Life’s savings.

Take Back the Retirement You Dreamed Of

With the current economy some people are postponing retirement for a few years or working part-time during retirement in an effort to pay the bills. No one wants to end up in retirement working at Walmart as a “Greeter” or cashier… so lets look at what can be done to plan for a quality retirement.

Will You Blow $180,000 of Your Social Security?

Optimizing your Social Security payments hinges on more than the age you at which you start receiving benefits. Guru’s and financial planners often make it sound easy to decide when is the optimal point to begin collecting your Social Security. But the question is really trickier than it might seem. Every situation is different and with many couples having two working spouses eligible to collect Social Security deciding on the perfect age to begin collecting is even trickier. But there are a variety of options… some of which are rarely discussed… including having the spouse with the shortest life expectancy begin collecting early while the other waits until later. In today’s post Dennis Miller looks at a few other options you should consider.

9 Ways to Retire Rich

For real people, building a rich retirement requires creative solutions beyond “start saving early.” In today’s post Dennis Miller looks at conventional wisdom and compares theory with practice. He shows that the average investor doesn’t even keep up with inflation (i.e. he actually loses purchasing power with every year that goes by.)