Chris Sherman

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Is $1 Million Enough To Retire?

The New York Times recently published an article headlined "For Retirees, a Million-Dollar Illusion," which questioned whether $1 million in savings is enough to retire on, given today's low interest rates and stock market volatility, the potential for inflation and increased life spans.<p>The article …

Retirement

The Ballad of the Flexible Budget

There are a lot of different techniques for budgeting out there. There’s the standard “write out a budget” method presented in a ton of personal …

WHAT WE SEEE

Why the IRS Abruptly Apologized to the Tea Party

This article is from the archive of our partner .<p>It came as a surprise when the Internal Revenue Service apologized, seemingly out of the blue, to a …

‘I’m not good at math’: The IRS’s public relations disaster

About a half-hour into a conference call with reporters Friday afternoon, senior Internal Revenue Service official Lois Lerner said something she will regret.<p>"I'm not good at math," she confessed as she tried to summon a statistic.<p>Lerner clarified that she is a lawyer and not an accountant (a fair …

Does an Extra Payment Have an Impact On Your Mortgage?

Let’s look at a “typical” mortgage. Right now, the average American mortgage is $235,000, so let’s use that as our baseline. The Seattle Times …