Compare Net Worth with other Baby Boomers

Want to know how you measure financially against other baby boomers? I often find net worth comparisons to be either amusing or motivating, depending on my attitude. But my curiosity gets the best of me so I do it anyway. Here are some options that you can try to compare your net worth with those of others like you. Read more

House Rich but Nest Egg Poor? Use Your Home Equity

In the last two years, many American consumers have personally experienced being house rich but cash poor.  In other words, they occupy (and have title to) a house that may be worth a lot of money, but the mortgage, taxes, insurance, and maintenance costs eat up 50% or more of their income.

The dilemma that some baby boomers have is that they are house rich but nest egg poor. Read more

Year End Financial Benchmarks: Net Worth and Property Valuations

One of the personal finance tasks that Mr. GoTo likes to complete at the end of each year is to establish and document a few financial benchmarks.  These benchmarks can also be important milestones in a comprehensive retirement plan. Read more