To Be Or Not To Be A Fiduciary?

If you are a loyal Cutter Family Finance reader, you have heard me harp about many things over our years together, but I think the most common topic I have covered over the last year or so has been the Department of Labor’s (DOL) landmark ruling, scheduled to become effective on April 10 this year. […]

Required Minimum Distributions, Do I Need To Worry?

Last week was a long week. In Jeff’s endless pursuit of physical fitness (not really), he hurt himself. All of us in the office tell him he will be fine, but the poor guy had to take it easy for quite a few days. Both of our schedules were a bit thrown off as a […]

If I Had A Million Dollars, I’d . . .

I was outside the other night cooking supper on the grill, having a glass of wine and listening to the radio. On came that famous song from a couple of decades ago, “If I Had a Million Dollars . . .” You remember the one; it’s from the Barenaked Ladies and is about all of […]

Here’s To Your Financial Fitness In 2016

The most popular New Year’s resolution last year was, no surprise, to get in shape, physically. It was also, no surprise, the most commonly broken resolution.   Resolutions are rarely successful. Why? Because positive change is made by habit, not by resolution. And habits must be acted upon at the beginning, middle and end of […]

Think Uncle Sam Will Never Take Your Benefits? Think Again

Jeff Cutter and I often talk to people about the funding problems that this nation faces. The mainstream media likes to talk about the national debt approaching $20 trillion but the number that hits home to those of us who are currently, or will be, relying on a fixed income in our golden years is […]

Health Savings Accounts And Retirement Plans

Each year I teach about a four-hour financial class to the graduating cadets at Massachusetts Maritime Academy. We talk about many things related to planning for their financial future, including how to pay for the rising cost of health insurance.   I explain to the cadets that when someone is offered a new job, salary […]

Buying And Holding On… For Dear Life?

There are a few dates in history that everyone in the financial industry remembers. Many people don’t realize how recently one of those memorable days came to pass—August 24, 2015, is not too far behind us. It claims the title as the day with the largest one-day point drop in the history of the markets. […]

Digging Deeper Into Your IRA

Many reading this article may think IRAs are relatively straightforward, the tax laws surrounding them are black and white, and the rules are clear. But sometimes things are not as straightforward as they seem at first glimpse.   Although the basic IRA guidelines appear to be simple, in order to take advantage of all that […]

The Little Guy Didn’t Have A Chance

Bart Chilton is the former commissioner of the US Commodity Futures Trading Commission. Last Friday on CNN, he said the market situation on Monday, August 24, 2015, brought to light a major issue that individual investors face but are often unaware of—liquidity. This is just one more unfair advantage that institutional investors have over individual […]